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Retail

Saks’ New CEO Brings Bankruptcy Know-How, Luxury Ties

Geoffroy van Raemdonck, who oversaw Neiman Marcus Group’s emergence from bankruptcy, was appointed to the top job at Saks on Wednesday as part of the retailer’s Chapter 11 filing.

Retail

Saks’ New CEO Brings Bankruptcy Know-How, Luxury Ties

Geoffroy van Raemdonck, who oversaw Neiman Marcus Group’s emergence from bankruptcy, was appointed to the top job at Saks on Wednesday as part of the retailer’s Chapter 11 filing.


Beauty

Exclusive: Eurazeo to Shut Down Brand Investment Arm

The French private equity firm, a former investor in Farfetch and Pat McGrath Labs with current stakes in beauty companies like Beekman 1802 and Gisou, is in the process of dissolving its consumer investment arm, sources told The Business of Beauty.

Beauty

Exclusive: Eurazeo to Shut Down Brand Investment Arm

The French private equity firm, a former investor in Farfetch and Pat McGrath Labs with current stakes in beauty companies like Beekman 1802 and Gisou, is in the process of dissolving its consumer investment arm, sources told The Business of Beauty.


Luxury

Richemont Beat Expectations in Holiday Quarter

The Swiss group outpaced analyst forecasts with robust sales from Cartier and Van Cleef & Arpels while watch brands showed further improvement.

Luxury

Richemont Beat Expectations in Holiday Quarter

The Swiss group outpaced analyst forecasts with robust sales from Cartier and Van Cleef & Arpels while watch brands showed further improvement.


Luxury

‘Less Cynical, More Human’: Inside Pierpaolo Piccioli’s Balenciaga Vision

With his latest collection for men and women, Piccioli confirms a softer, less confrontational direction for the Parisian house known for its radical fashion statements. ‘There's nothing worse than trying to be cool,’ the designer said.

Luxury

‘Less Cynical, More Human’: Inside Pierpaolo Piccioli’s Balenciaga Vision

With his latest collection for men and women, Piccioli confirms a softer, less confrontational direction for the Parisian house known for its radical fashion statements. ‘There's nothing worse than trying to be cool,’ the designer said.


Retail

Chanel, Gucci and Capri Holdings: The Brands Topping Saks’ Creditor List

As Saks Global enters a blockbuster Chapter 11 filing, its creditor list shows who’s exposed — and sets off a scramble for ways to recover unpaid bills.

Retail

Chanel, Gucci and Capri Holdings: The Brands Topping Saks’ Creditor List

As Saks Global enters a blockbuster Chapter 11 filing, its creditor list shows who’s exposed — and sets off a scramble for ways to recover unpaid bills.


Luxury

What Comes After Viral Fashion?

This week in luxury, calculated risk-taking wins the red carpet at the Golden Globes, while Brunello Cucinelli and Richemont report Q4 sales. Plus, what to watch for at Milan men’s week.

Luxury

What Comes After Viral Fashion?

This week in luxury, calculated risk-taking wins the red carpet at the Golden Globes, while Brunello Cucinelli and Richemont report Q4 sales. Plus, what to watch for at Milan men’s week.


Beauty

The Techniques and Technologies of the World’s Top Skincare Experts

Professionals like the aesthetician Keren Bartov and the dermatologist Dissapong Panithaporn have attracted an international clientele to their clinics, relying on the latest technology to achieve better, more instantaneous beauty results. But others say their hands are skilled enough.

Beauty

The Techniques and Technologies of the World’s Top Skincare Experts

Professionals like the aesthetician Keren Bartov and the dermatologist Dissapong Panithaporn have attracted an international clientele to their clinics, relying on the latest technology to achieve better, more instantaneous beauty results. But others say their hands are skilled enough.


Retail

Saks’ Downfall Is a Make-or-Break Moment for Macy’s

Macy’s Inc. has a once-in-a-lifetime opportunity to siphon some of Saks' beauty and fashion share, writes Andrea Felsted.

Retail

Saks’ Downfall Is a Make-or-Break Moment for Macy’s

Macy’s Inc. has a once-in-a-lifetime opportunity to siphon some of Saks' beauty and fashion share, writes Andrea Felsted.


Retail

Saks Global Files for Bankruptcy After Monthslong Hunt for Cash

The Chapter 11 filing comes just over a year after the retailer acquired Neiman Marcus and Bergdorf Goodman. The combined company struggled almost from the start amid sinking sales and fraught relations with vendors and creditors.

Retail

Saks Global Files for Bankruptcy After Monthslong Hunt for Cash

The Chapter 11 filing comes just over a year after the retailer acquired Neiman Marcus and Bergdorf Goodman. The combined company struggled almost from the start amid sinking sales and fraught relations with vendors and creditors.


Luxury

How Watchmakers Are Dealing With Soaring Gold Prices

As gold tops $4,600 per ounce, executives including Breitling CEO Georges Kern are bracing for a hit to margins. Solutions range from seeking new materials to raising prices or postponing gold purchases.

Luxury

How Watchmakers Are Dealing With Soaring Gold Prices

As gold tops $4,600 per ounce, executives including Breitling CEO Georges Kern are bracing for a hit to margins. Solutions range from seeking new materials to raising prices or postponing gold purchases.


Retail

How Brands Avoid the Brick-and-Mortar Trap

Some retailers are closing stores after opening too many in the wake of the pandemic. Those that are plowing ahead are taking a more deliberate approach — even if it means waiting years for a spot on the perfect block to open up.

Retail

How Brands Avoid the Brick-and-Mortar Trap

Some retailers are closing stores after opening too many in the wake of the pandemic. Those that are plowing ahead are taking a more deliberate approach — even if it means waiting years for a spot on the perfect block to open up.


Sports

Nike’s Hottest Shoe Isn’t a Sneaker

StockX’s newest ‘Big Facts’ report shows that one of Nike’s hottest sneakers of the year wasn’t actually a sneaker at all.

Sports

Nike’s Hottest Shoe Isn’t a Sneaker

StockX’s newest ‘Big Facts’ report shows that one of Nike’s hottest sneakers of the year wasn’t actually a sneaker at all.