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.
real-estate
Retail
UK Retail Property Values May Be Slashed, Report Says
Values of UK shopping centers and high street stores could be reduced significantly after property agents were told to reflect the seismic changes sweeping the retail industry, according to the Sunday Times.
UK Retail Property Values May Be Slashed, Report Says
Values of UK shopping centers and high street stores could be reduced significantly after property agents were told to reflect the seismic changes sweeping the retail industry, according to the Sunday Times.
Retail
If We Built the Retail Model From Scratch, What Would It Be?
With the rise of the experience economy, retail spaces are undergoing a radical rethink of their business models — as well as their very purpose.
If We Built the Retail Model From Scratch, What Would It Be?
With the rise of the experience economy, retail spaces are undergoing a radical rethink of their business models — as well as their very purpose.
News & Analysis
The Start-Ups Behind New York's Retail Reawakening
Start-ups and pop-ups are filling storefronts abandoned by struggling chains, taking advantage of plunging rents and landlords desperate to fill long-vacant spaces.
The Start-Ups Behind New York's Retail Reawakening
Start-ups and pop-ups are filling storefronts abandoned by struggling chains, taking advantage of plunging rents and landlords desperate to fill long-vacant spaces.
News & Analysis
Build Condos Above Stores, Shareholder Tells Hudson's Bay
Condo prices are rising in many Canadian cities even as the overall market shows signs of cooling off.
Build Condos Above Stores, Shareholder Tells Hudson's Bay
Condo prices are rising in many Canadian cities even as the overall market shows signs of cooling off.
Retail
Buyer Pool Evaporates for America's Fading Malls
Only about $3 billion of retail real estate changed hands in April, a 27 percent drop from a year earlier and the lowest monthly tally since February 2013.
Buyer Pool Evaporates for America's Fading Malls
Only about $3 billion of retail real estate changed hands in April, a 27 percent drop from a year earlier and the lowest monthly tally since February 2013.
News & Analysis
Hudson's Bay Company Said to Sell Flagship Vancouver Store
The deal progresses HBC's efforts to extract value from its substantial real estate holdings as it battles a retail industry-wide slump
Hudson's Bay Company Said to Sell Flagship Vancouver Store
The deal progresses HBC's efforts to extract value from its substantial real estate holdings as it battles a retail industry-wide slump
News & Analysis
Hudson's Bay Exploring Sale of Downtown Vancouver Store
The news follows HBC's agreement last week to sell its Lord & Taylor flagship building for $850 million, as the department-store operator steps up efforts to extract value from its real estate holdings amid struggling sales.
Hudson's Bay Exploring Sale of Downtown Vancouver Store
The news follows HBC's agreement last week to sell its Lord & Taylor flagship building for $850 million, as the department-store operator steps up efforts to extract value from its real estate holdings amid struggling sales.
Retail
Hudson Bay Company’s Richard Baker Speaks on Latest Strategic Move
The Canadian retail-real estate group’s mastermind explains why selling the historic Lord & Taylor building to WeWork Property Advisors, combined with an equity investment, will free up the company to continue executing its ‘transformation plan.'
Hudson Bay Company’s Richard Baker Speaks on Latest Strategic Move
The Canadian retail-real estate group’s mastermind explains why selling the historic Lord & Taylor building to WeWork Property Advisors, combined with an equity investment, will free up the company to continue executing its ‘transformation plan.'
News & Analysis
LVMH's Plan to Turn Historic Paris Grounds into Theme Park
LVMH is to lead a €60 million plan to turn Paris's 157 year-old Jardin d'Acclimatation into one of France's top three amusement parks. LVMH has managed the park since 1984 and holds an 80 percent stake.
LVMH's Plan to Turn Historic Paris Grounds into Theme Park
LVMH is to lead a €60 million plan to turn Paris's 157 year-old Jardin d'Acclimatation into one of France's top three amusement parks. LVMH has managed the park since 1984 and holds an 80 percent stake.
Retail
Retailers Brace for New York Real Estate Apocalypse
In Manhattan’s prime retail districts, tourist traffic is down, rents are high, Trump is looming large and overstoring is about as bad as it is in Middle America. Something has got to give.
Retailers Brace for New York Real Estate Apocalypse
In Manhattan’s prime retail districts, tourist traffic is down, rents are high, Trump is looming large and overstoring is about as bad as it is in Middle America. Something has got to give.
Retail
Kohl's, Macy's Turn Landlords in Bid to Unlock Real Estate Value
The move underscores the pressing need for the two chains to better monetise their real estate assets.
Kohl's, Macy's Turn Landlords in Bid to Unlock Real Estate Value
The move underscores the pressing need for the two chains to better monetise their real estate assets.
Luxury
The End of Holiday Shopping Season As We Know It?
Amidst disruption on New York’s Fifth Avenue, discounting season has come early this year, but more and more sales are no longer a salve for the deeper problems facing retail.
The End of Holiday Shopping Season As We Know It?
Amidst disruption on New York’s Fifth Avenue, discounting season has come early this year, but more and more sales are no longer a salve for the deeper problems facing retail.
The News in Brief
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.
Uniqlo Aims to Grow Tenfold in India With Summer-Centric Clothes
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Oasis Pressures Kao in Latest Japan Activist Investor Push
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.
American Eagle Forecasts Sales Growth Above Estimates on Demand From Wealthy Shoppers
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
Missoni Family Exits Namesake Brand
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Ross Stores Forecasts Annual Sales Above Estimates on Resilient Demand for Discounted Apparel
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.
Abercrombie & Fitch Forecasts Muted Annual Sales Amid Tariff Uncertainty
The retailer said it was accounting for the 15 percent tariff announced by US president Donald Trump after the Supreme Court struck down most of his earlier tariffs.