Fast Fashion Garments Pile Up in South Asia as Middle East Conflict Grounds Planes
Shipments of garments for major retailers are stranded at airports in Bangladesh and India as the conflict in the Middle East forces airlines cancel flights.
department-stores
Luxury
Should Condé Nast Sell Itself?
With the demise of Style.com, the media giant has proven unable to tap the ‘tipping point’ in e-commerce. Now the same digital tsunami is coming for its core.
Should Condé Nast Sell Itself?
With the demise of Style.com, the media giant has proven unable to tap the ‘tipping point’ in e-commerce. Now the same digital tsunami is coming for its core.
Luxury
Neiman Marcus Shelves Plans For a Sale
The upscale retailer said it had terminated any talks regarding a partial or full sale of the company, nearly three months after embarking on a plan seeking strategic alternatives.
Neiman Marcus Shelves Plans For a Sale
The upscale retailer said it had terminated any talks regarding a partial or full sale of the company, nearly three months after embarking on a plan seeking strategic alternatives.
Retail
Report: Nordstrom Family Launches Search for Buyout Partner
The Nordstrom family is talking to buyout firms about raising $1 billion to $2 billion to fund a potential bid to take the department store group private, according to people familiar with the matter.
Report: Nordstrom Family Launches Search for Buyout Partner
The Nordstrom family is talking to buyout firms about raising $1 billion to $2 billion to fund a potential bid to take the department store group private, according to people familiar with the matter.
Retail
Op-Ed | Why Nordstrom Will Go Private on the Cheap
Members of the Nordstrom family are considering buying out their fellow shareholders and taking the retailer private.
Op-Ed | Why Nordstrom Will Go Private on the Cheap
Members of the Nordstrom family are considering buying out their fellow shareholders and taking the retailer private.
Retail
Nordstrom Family Exploring Deal to Take Retailer Private
Members of the controlling Nordstrom family have formed a group to consider taking the company private.
Nordstrom Family Exploring Deal to Take Retailer Private
Members of the controlling Nordstrom family have formed a group to consider taking the company private.
Luxury
The Business of Cruise: Go Big or Go Home
While some smaller labels are abandoning Cruise shows altogether, luxury megabrands continue to pour up to $10 million into elaborate spectacles. Is it worth the investment?
The Business of Cruise: Go Big or Go Home
While some smaller labels are abandoning Cruise shows altogether, luxury megabrands continue to pour up to $10 million into elaborate spectacles. Is it worth the investment?
Retail
Sears Posts First Profit Since 2015
Sears shares rose by as much as 27 percent in early trading after the company posted its first quarterly profit since 2015, bringing a ray of optimism to a retail chain struggling to regain its relevance.
Sears Posts First Profit Since 2015
Sears shares rose by as much as 27 percent in early trading after the company posted its first quarterly profit since 2015, bringing a ray of optimism to a retail chain struggling to regain its relevance.
Retail
What's Next for DKNY?
After acquiring DKNY for $650 million, apparel firm G-III has cut a series of deals that could initially raise brand awareness and sales, but ultimately damage the label's premium image.
What's Next for DKNY?
After acquiring DKNY for $650 million, apparel firm G-III has cut a series of deals that could initially raise brand awareness and sales, but ultimately damage the label's premium image.
Retail
A Wall Street Dealmaker's All-In Bet on Retail
At at time when the long, slow death of retail is accelerating, private equity investor Stefan Kaluzny runs the risk of staking his $3.5 billion firm to an industry that might just be doomed to fail.
A Wall Street Dealmaker's All-In Bet on Retail
At at time when the long, slow death of retail is accelerating, private equity investor Stefan Kaluzny runs the risk of staking his $3.5 billion firm to an industry that might just be doomed to fail.
Retail
J.C. Penney Is Having a Serious Wardrobe Malfunction
All clothing categories at J.C. Penney — men’s, women’s, and kids — posted negative comparative store sales for the quarter.
J.C. Penney Is Having a Serious Wardrobe Malfunction
All clothing categories at J.C. Penney — men’s, women’s, and kids — posted negative comparative store sales for the quarter.
Retail
Sinking Department Store Sales Herald 'Do-More-With-Less' Era
With consumers increasingly fleeing department stores for Amazon.com Inc. and specialty shops, the former stewards of retail are scrambling to adapt.
Sinking Department Store Sales Herald 'Do-More-With-Less' Era
With consumers increasingly fleeing department stores for Amazon.com Inc. and specialty shops, the former stewards of retail are scrambling to adapt.
Retail
Hudson's Bay Shares Drop on Disappointing Sales
Shares in the department store chain owner fell by more than 6 percent after it reported disappointing quarterly same-store sales figures, hurt by fewer customers shopping in its stores.
Hudson's Bay Shares Drop on Disappointing Sales
Shares in the department store chain owner fell by more than 6 percent after it reported disappointing quarterly same-store sales figures, hurt by fewer customers shopping in its stores.
The News in Brief
Saks Global to Shut 15 More Stores as Part of Restructuring
The luxury retailer, which filed for bankruptcy earlier this year, will close more stores as it tries to cut losses and focus on more profitable, higher-end locations.
Nike’s Latest SEC Filing Revives Converse Sale Speculation
In a document filed with the Securities and Exchange Commission, the company’s management has approved a plan for organisational changes expected to cost the brand nearly $300 million. One analyst posited the target could be its struggling subsidiary.
US Economy Unexpectedly Loses Jobs in February; Unemployment Rate Rises to 4.4%
The decline in nonfarm payrolls reported by the Labor Department in its employment report on Friday was the sixth since January 2025 and the second largest.
Asics Buys Marathon Registration Platforms to Boost Running-Shoe Sales
The Japanese sportswear brand is accelerating global expansion by acquiring race-registration platforms to deepen engagement with runners.
Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
Fashion Startup Founder Pleads Guilty in $300 Million Fraud
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
Victoria’s Secret Forecasts Its Best Year Since L Brands Split
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.