Lululemon Senior Executive Exits in Third Recent Departure
The top communications officer at the company is leaving, adding to the list of executives departing ahead of CEO Heidi O’Neill’s arrival.
Stores
Target Cuts Sales Forecast on Shopper Pullback, Tariff Hit
The retailer now expects net sales to decline by a low single digit this year, down from previous guidance for an increase of about 1 percent.
Target Cuts Sales Forecast on Shopper Pullback, Tariff Hit
The retailer now expects net sales to decline by a low single digit this year, down from previous guidance for an increase of about 1 percent.
With Financing Push, Saks Global Looks to Buy Some Time
A deal to secure $500 million in new financing may push out a reckoning. But falling sales, looming payments to vendors and creditors continue to dog the luxury retailer’s post-merger vision.
With Financing Push, Saks Global Looks to Buy Some Time
A deal to secure $500 million in new financing may push out a reckoning. But falling sales, looming payments to vendors and creditors continue to dog the luxury retailer’s post-merger vision.
Saks Bond Suffers $1 Billion Loss Before a Single Payment Is Made
Saks Global is now seeking even more money to shore up finances while bondholders, who face almost $1 billion in losses, have begun to question if they’ll receive a single interest payment.
Saks Bond Suffers $1 Billion Loss Before a Single Payment Is Made
Saks Global is now seeking even more money to shore up finances while bondholders, who face almost $1 billion in losses, have begun to question if they’ll receive a single interest payment.
Kohl’s Fires CEO for Directing Millions to Romantic Partner
The department store is searching for a permanent CEO replacement after Kohl’s Corp.’s board discovered Ashley Buchanan, who had joined Kohl’s in January, had directed millions of company dollars to his then-undisclosed romantic partner.
Kohl’s Fires CEO for Directing Millions to Romantic Partner
The department store is searching for a permanent CEO replacement after Kohl’s Corp.’s board discovered Ashley Buchanan, who had joined Kohl’s in January, had directed millions of company dollars to his then-undisclosed romantic partner.
Saks Bonds Plunge as Investor Update Deepens Cash Concerns
Saks Global’s bonds fell after a call with management did little to pressure investors’ concerns about its financial outlook.
Saks Bonds Plunge as Investor Update Deepens Cash Concerns
Saks Global’s bonds fell after a call with management did little to pressure investors’ concerns about its financial outlook.
North America’s Oldest Firm Meets Its End. Some Argue Its Fate Was Avoidable
Hudson’s Bay Co. ULC previously planned to save six of its 96 stores from liquidation — but those six locations, including its flagship store, are now also being wound up.
North America’s Oldest Firm Meets Its End. Some Argue Its Fate Was Avoidable
Hudson’s Bay Co. ULC previously planned to save six of its 96 stores from liquidation — but those six locations, including its flagship store, are now also being wound up.
Paloma Wool’s Next Chapter: From Digital Favourite to IRL Expansion
Paloma Lanna’s Spanish DTC brand Paloma Wool caught fire online by blending Mediterranean breeziness with downtown cool. Now, what started on Instagram is opening its first physical stores — in New York and Barcelona — and targeting $25 million in sales this year.
Paloma Wool’s Next Chapter: From Digital Favourite to IRL Expansion
Paloma Lanna’s Spanish DTC brand Paloma Wool caught fire online by blending Mediterranean breeziness with downtown cool. Now, what started on Instagram is opening its first physical stores — in New York and Barcelona — and targeting $25 million in sales this year.
Op-Ed | Target’s DEI Flip-Flop Came at a Price
Early data indicates Target and Walmart’s store traffic has declined since their DEI exit, while Costco’s has grown, signalling that we may be entering a new era of consumer boycotts.
Op-Ed | Target’s DEI Flip-Flop Came at a Price
Early data indicates Target and Walmart’s store traffic has declined since their DEI exit, while Costco’s has grown, signalling that we may be entering a new era of consumer boycotts.
Hudson’s Bay to Begin Liquidating Most Stores on Monday
An Ontario court approved the retailer’s proposal to liquidate most stores while trying to find restructuring solutions with creditors and landlords on Friday.
Hudson’s Bay to Begin Liquidating Most Stores on Monday
An Ontario court approved the retailer’s proposal to liquidate most stores while trying to find restructuring solutions with creditors and landlords on Friday.
Making Sense of This Week’s Big Fashion Bankruptcies
News of Forever 21 and Hudson’s Bay facing liquidation this week rang alarm bells for an industry already facing macroeconomic challenges this year. But their failures could have been avoided.
Making Sense of This Week’s Big Fashion Bankruptcies
News of Forever 21 and Hudson’s Bay facing liquidation this week rang alarm bells for an industry already facing macroeconomic challenges this year. But their failures could have been avoided.
Revolve Will Test Its Offline Muscle With New LA Store
After opening its first store in Aspen last year, the retailer is continuing its slow push into brick-and-mortar as e-commerce growth slows and shoppers look to buy in person.
Revolve Will Test Its Offline Muscle With New LA Store
After opening its first store in Aspen last year, the retailer is continuing its slow push into brick-and-mortar as e-commerce growth slows and shoppers look to buy in person.
Poor Payors: Assessing the Storm Around Saks
The department store operator’s letter to brands is a sign of a growing power imbalance in the wholesale market that increasingly favours big retailers, threatening the overall health of the fashion ecosystem.
Poor Payors: Assessing the Storm Around Saks
The department store operator’s letter to brands is a sign of a growing power imbalance in the wholesale market that increasingly favours big retailers, threatening the overall health of the fashion ecosystem.
THE NEWS IN BRIEF
New Balance’s India Partner to Introduce More Global Brands in Expansion
Brandman Retail plans to bring brands such as Salomon and Anta to the Indian market and more than quintuple its store count by 2028, betting on rising demand for global labels.
Maison Kitsuné Appoints Abigail Smith as New Creative Director
Maison Kitsuné has appointed British designer Abigail Smith as the brand's new creative director, with her first collection for the brand debuting at Paris Fashion Week.
Maison Kitsuné Is Closing All Its US Stores
The brand is shutting its physical doors in the US to focus on its digital business and wholesale partnerships.