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Financial Markets

Michael Kors Rises After Forecast Exceeds Analysts’ Projections

Michael Kors released early summer products — including some that aren't available at other retailers — to bring customers into its stores.

Financial Markets

Michael Kors Rises After Forecast Exceeds Analysts’ Projections

Michael Kors released early summer products — including some that aren't available at other retailers — to bring customers into its stores.


Financial Markets

PVH Jumps After Raising Full-Year Profit Forecast

PVH Corp., owner of the Calvin Klein and Tommy Hilfiger brands, jumped in late trading after raising its full-year profit forecast and reporting first-quarter earnings that beat analysts’ estimates.

Financial Markets

PVH Jumps After Raising Full-Year Profit Forecast

PVH Corp., owner of the Calvin Klein and Tommy Hilfiger brands, jumped in late trading after raising its full-year profit forecast and reporting first-quarter earnings that beat analysts’ estimates.


News & Analysis

Best Buy Adds to Chorus of Woes in Retail

A strong start to the year from Best Buy was overshadowed by a lengthening string of declining quarterly sales and a pessimistic outlook that added to a chorus of woes from the retail sector.

News & Analysis

Best Buy Adds to Chorus of Woes in Retail

A strong start to the year from Best Buy was overshadowed by a lengthening string of declining quarterly sales and a pessimistic outlook that added to a chorus of woes from the retail sector.


Workplace & Talent

Power Moves | Jonathan Saunders to DVF, Hugo Boss Names CEO, Teen Vogue Editor Out

BoF compiles the most important professional moves of the week.


Luxury

Op-Ed | How to Fix Luxury’s Alibaba Problem

Alibaba’s role in the grey market is a bigger issue than counterfeit sales, and a problem luxury brands can help fix, argue Brian Buchwald and Andrew Roth.

Luxury

Op-Ed | How to Fix Luxury’s Alibaba Problem

Alibaba’s role in the grey market is a bigger issue than counterfeit sales, and a problem luxury brands can help fix, argue Brian Buchwald and Andrew Roth.


Retail

Why American Department Stores Are ‘Broken’

Struggling American department stores still place the biggest orders, but increasingly rely on markdowns to drive foot traffic and sales, resulting in a vicious cycle with ramifications across the industry.

Retail

Why American Department Stores Are ‘Broken’

Struggling American department stores still place the biggest orders, but increasingly rely on markdowns to drive foot traffic and sales, resulting in a vicious cycle with ramifications across the industry.


Retail

Gap CEO Says He Would Consider Using Amazon to Reach Customers

Gap Inc. chief executive officer Art Peck said the retailer would consider relying on third-party sellers such as Amazon.com Inc. to reach customers.

Retail

Gap CEO Says He Would Consider Using Amazon to Reach Customers

Gap Inc. chief executive officer Art Peck said the retailer would consider relying on third-party sellers such as Amazon.com Inc. to reach customers.


Retail

Target Names Nordstrom Exec as Chief Merchandising Officer

Target is poaching Nordstrom for its new chief merchandising officer, a crucial position and the one who determines what appears on store shelves.

Retail

Target Names Nordstrom Exec as Chief Merchandising Officer

Target is poaching Nordstrom for its new chief merchandising officer, a crucial position and the one who determines what appears on store shelves.


Global Markets

Retailers Stifle US Stocks as Growth Worries Mount

The weakness plaguing consumer companies proved contagious and pushed US stocks to the longest streak of weekly declines since January’s market meltdown.

Global Markets

Retailers Stifle US Stocks as Growth Worries Mount

The weakness plaguing consumer companies proved contagious and pushed US stocks to the longest streak of weekly declines since January’s market meltdown.


Retail

How Online Shopping Is Cannibalising Mall Stores

Online shopping is reaching such a critical mass with American households that many of the icons of the traditional mall — from Macy's to The Gap and J.C. Penney — face an increasingly uncertain future.

Retail

How Online Shopping Is Cannibalising Mall Stores

Online shopping is reaching such a critical mass with American households that many of the icons of the traditional mall — from Macy's to The Gap and J.C. Penney — face an increasingly uncertain future.