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
Retail
Daniella Vitale Named CEO of Barneys New York
In a long-expected succession plan, chief executive Mark Lee has been named executive chairman, reporting to Richard Perry.
Daniella Vitale Named CEO of Barneys New York
In a long-expected succession plan, chief executive Mark Lee has been named executive chairman, reporting to Richard Perry.
Retail
A Day of Reckoning for American Department Stores?
2017 could bring a final judgment for some of America’s biggest department store players, which have long faced serious headwinds.
A Day of Reckoning for American Department Stores?
2017 could bring a final judgment for some of America’s biggest department store players, which have long faced serious headwinds.
Luxury
Kors vs. Coach: Which is Best Positioned to Buy Kate Spade?
Two of Kate Spade’s biggest competitors are reportedly considering buying the accessible luxury brand. Which is likely to win — and should either of them be bidding in the first place?
Kors vs. Coach: Which is Best Positioned to Buy Kate Spade?
Two of Kate Spade’s biggest competitors are reportedly considering buying the accessible luxury brand. Which is likely to win — and should either of them be bidding in the first place?
Retail
US Department Stores Steady Profitability — Even as Sales Slide
US department store chains have used layoffs, store closings and cutbacks to maintain one aspect of stability: profit margins.
US Department Stores Steady Profitability — Even as Sales Slide
US department store chains have used layoffs, store closings and cutbacks to maintain one aspect of stability: profit margins.
Retail
Saks Fifth Avenue Owner HBC Plummets After Cutting Forecast
The company now expects sales of C$14.4 billion ($10.9 billion) to C$14.6 billion this fiscal year.
Saks Fifth Avenue Owner HBC Plummets After Cutting Forecast
The company now expects sales of C$14.4 billion ($10.9 billion) to C$14.6 billion this fiscal year.
Retail
Macy’s Inc: The Slow Death of an American Icon
Macy’s needs more of the ‘magic’ the company touts in its tagline if the department store chain is to survive.
Macy’s Inc: The Slow Death of an American Icon
Macy’s needs more of the ‘magic’ the company touts in its tagline if the department store chain is to survive.
Retail
J.C. Penney Holiday Sales Drop 0.8 percent, Shares Slide
J.C. Penney Co Inc said same-store sales for November and December fell 0.8 percent, blaming a weak start to the holiday selling season.
J.C. Penney Holiday Sales Drop 0.8 percent, Shares Slide
J.C. Penney Co Inc said same-store sales for November and December fell 0.8 percent, blaming a weak start to the holiday selling season.
Retail
US Department Store Challenges Fail to Rattle Some Investors
Weak holiday sales by some US department stores have reignited fears that the sector may never recover its growth levels of the past, but some investors are holding out hope for a longer-term recovery.
US Department Store Challenges Fail to Rattle Some Investors
Weak holiday sales by some US department stores have reignited fears that the sector may never recover its growth levels of the past, but some investors are holding out hope for a longer-term recovery.
Retail
Department Stores Losing Market Share in Beauty, Too
Beauty and cosmetics were once considered Amazon-proof traffic-drivers to department stores, as beauty companies had long-term deals with stores, rarely discounted their products, and barely sold their goods online. No longer.
Department Stores Losing Market Share in Beauty, Too
Beauty and cosmetics were once considered Amazon-proof traffic-drivers to department stores, as beauty companies had long-term deals with stores, rarely discounted their products, and barely sold their goods online. No longer.
Retail
Can Fred Segal Reclaim Its Southern-California Cool?
The iconic retailer is aiming to win back its cachet with a new West Hollywood location. But is it too late?
Can Fred Segal Reclaim Its Southern-California Cool?
The iconic retailer is aiming to win back its cachet with a new West Hollywood location. But is it too late?
China
How Tsum’s Bet on Chinese Tourists Beat the Russian Recession
Tsum’s chief executive Alexander Pavlov explains how ‘red tourism’ from China and quick-response pricing strategies helped boost sales at the Russian department store by 40 percent.
How Tsum’s Bet on Chinese Tourists Beat the Russian Recession
Tsum’s chief executive Alexander Pavlov explains how ‘red tourism’ from China and quick-response pricing strategies helped boost sales at the Russian department store by 40 percent.
Retail
Post-Election, US Apparel Spend Is Just as Divided as the Country
Data shows Donald Trump supporters, buoyed by his win, spent more on apparel after the US election than Hillary Clinton supporters.
Post-Election, US Apparel Spend Is Just as Divided as the Country
Data shows Donald Trump supporters, buoyed by his win, spent more on apparel after the US election than Hillary Clinton supporters.
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.