Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.

L Brands’ attempts to use promotions to bolster its sales numbers have failed, and have caused the April merchandise margin rate to be “down significantly” versus last year.

L Brands’ attempts to use promotions to bolster its sales numbers have failed, and have caused the April merchandise margin rate to be “down significantly” versus last year.

The company — challenged by the rise of e-commerce and rapidly changing consumer preferences — is betting that a strong performance during the year-end shopping season will help spark a turnaround.

The company — challenged by the rise of e-commerce and rapidly changing consumer preferences — is betting that a strong performance during the year-end shopping season will help spark a turnaround.

The lingerie seller, which has struggled to pull out of a sales slump, just posted its second straight quarter of declines in its panties business.

The lingerie seller, which has struggled to pull out of a sales slump, just posted its second straight quarter of declines in its panties business.

After years of declining sales, Abercrombie & Fitch is reinventing its namesake brand, shunning the exclusionary preppy stereotypes that made it a powerhouse of teen clothing.

After years of declining sales, Abercrombie & Fitch is reinventing its namesake brand, shunning the exclusionary preppy stereotypes that made it a powerhouse of teen clothing.
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While the e-commerce giant’s fulfilment centres may be providing employment for ex-retail workers, a concentration of warehouse job growth is clustered around Amazon facilities while retail's losses are more evenly distributed.

While the e-commerce giant’s fulfilment centres may be providing employment for ex-retail workers, a concentration of warehouse job growth is clustered around Amazon facilities while retail's losses are more evenly distributed.

While the struggling mall retailer has been bolstered by good results from teen friendly Hollister, its namesake brand is still working to find its footing. CEO Fran Horowitz outlines the plan for BoF.

While the struggling mall retailer has been bolstered by good results from teen friendly Hollister, its namesake brand is still working to find its footing. CEO Fran Horowitz outlines the plan for BoF.

The struggling teen retailer reported a loss of nearly $62 million in its first quarter. Earlier this month, it confirmed it was in talks with several parties about a potential deal.

The struggling teen retailer reported a loss of nearly $62 million in its first quarter. Earlier this month, it confirmed it was in talks with several parties about a potential deal.

Abercrombie & Fitch has been remodelling its Hollister stores and hiring top designers and executives to help it keep up with competitors.

Abercrombie & Fitch has been remodelling its Hollister stores and hiring top designers and executives to help it keep up with competitors.
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Abercrombie & Fitch Co. jumped as much as 19 percent in early trading after the teen-clothing chain posted a surprise profit, fueling optimism that it can recover from years of slumping sales.

Abercrombie & Fitch Co. jumped as much as 19 percent in early trading after the teen-clothing chain posted a surprise profit, fueling optimism that it can recover from years of slumping sales.

Abercrombie & Fitch Co. posted a wider first-quarter loss after currency fluctuations hampered attempts to turn around the business.

Abercrombie & Fitch Co. posted a wider first-quarter loss after currency fluctuations hampered attempts to turn around the business.

Abercrombie & Fitch Co., which hasn’t had a CEO in five months, has set up a contest for the job that pits its operations chief against each of its brand presidents.

Abercrombie & Fitch Co., which hasn’t had a CEO in five months, has set up a contest for the job that pits its operations chief against each of its brand presidents.

Procter & Gamble Co is exploring a sale or initial public offering of some of its beauty brands in a single deal.

Procter & Gamble Co is exploring a sale or initial public offering of some of its beauty brands in a single deal.
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.