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Retail

Report: Nordstrom Family Offers Preferential Terms to Clinch Buyout Partner

The family's decision to offer concessions underscores the apprehension of investors over leveraged buyouts of department store chains like peer Neiman Marcus Group.

Retail

Report: Nordstrom Family Offers Preferential Terms to Clinch Buyout Partner

The family's decision to offer concessions underscores the apprehension of investors over leveraged buyouts of department store chains like peer Neiman Marcus Group.


Luxury

Dissecting the Jimmy Choo Michael Kors Deal

What does Michael Kors’ $1.2 billion acquisition of Jimmy Choo mean for the high-end shoemaker and the accessible luxury giant?

Luxury

Dissecting the Jimmy Choo Michael Kors Deal

What does Michael Kors’ $1.2 billion acquisition of Jimmy Choo mean for the high-end shoemaker and the accessible luxury giant?


Technology

How an Amazon PayPal Clone Could Threaten Other Payment Services

Amazon has hinted that it may be moving in this direction, as it promotes its branded checkout button on merchant websites and offers Prime members rewards when they use a debit card to reload gift cards.

Technology

How an Amazon PayPal Clone Could Threaten Other Payment Services

Amazon has hinted that it may be moving in this direction, as it promotes its branded checkout button on merchant websites and offers Prime members rewards when they use a debit card to reload gift cards.


News & Analysis

Michael Kors to Buy Jimmy Choo for $1.2 Billion

Michael Kors was among several companies in the running to acquire the luxury accessories brand from JAB Luxury, including Interparfums and CVC Capital Partners.

News & Analysis

Michael Kors to Buy Jimmy Choo for $1.2 Billion

Michael Kors was among several companies in the running to acquire the luxury accessories brand from JAB Luxury, including Interparfums and CVC Capital Partners.


Workplace & Talent

Power Moves | Maureen Chiquet Nominated to Canada Goose Board, Tomas Maier Names CEO

This week, former Chanel CEO Maureen Chiquet has been nominated to join the Canada Goose board, while Laurent Claquin, currently head of Kering Americas, will take on the additional role of CEO at Tomas Maier.

Workplace & Talent

Power Moves | Maureen Chiquet Nominated to Canada Goose Board, Tomas Maier Names CEO

This week, former Chanel CEO Maureen Chiquet has been nominated to join the Canada Goose board, while Laurent Claquin, currently head of Kering Americas, will take on the additional role of CEO at Tomas Maier.


Luxury

Report: South Africa's Taste Holdings Halts Sale of Hard Luxury Arm

The company has suspended the auction of its jewellery and high-end watches business after failing to find a buyer willing to pay their $31 million asking price.

Luxury

Report: South Africa's Taste Holdings Halts Sale of Hard Luxury Arm

The company has suspended the auction of its jewellery and high-end watches business after failing to find a buyer willing to pay their $31 million asking price.


Retail

Abercrombie Investor Calls for Buybacks After Failed Sale Attempt

Abercrombie last week ended talks over a potential sale, dealing another blow to the retail sector that has struggled to cope with low mall traffic and changing consumer tastes.

Retail

Abercrombie Investor Calls for Buybacks After Failed Sale Attempt

Abercrombie last week ended talks over a potential sale, dealing another blow to the retail sector that has struggled to cope with low mall traffic and changing consumer tastes.


News & Analysis

Growing Pains Hold Back Zalando in Battle With Amazon

Zalando stumbled in its breakneck expansion across Europe in the second quarter due to capacity constraints at new warehouses, sending its shares down 7 percent.

News & Analysis

Growing Pains Hold Back Zalando in Battle With Amazon

Zalando stumbled in its breakneck expansion across Europe in the second quarter due to capacity constraints at new warehouses, sending its shares down 7 percent.


Luxury

Can Anyone Save Lanvin Now?

With revenues sharply down and the departure of its latest artistic director after only 16 months, the world’s oldest continuously running fashion house is facing a downward spiral.

Luxury

Can Anyone Save Lanvin Now?

With revenues sharply down and the departure of its latest artistic director after only 16 months, the world’s oldest continuously running fashion house is facing a downward spiral.


News & Analysis

Amazon Antitrust Concerns Emerge in Washington and Wall Street

A US lawmaker has called for hearings on Amazon's agreement to buy Whole Foods for $13.7 billion, to consider its ramifications for shoppers and workers.

News & Analysis

Amazon Antitrust Concerns Emerge in Washington and Wall Street

A US lawmaker has called for hearings on Amazon's agreement to buy Whole Foods for $13.7 billion, to consider its ramifications for shoppers and workers.