Lanvin Deputy CEO Siddhartha Shukla Exits Brand
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.
department-stores
Financial Markets
Neiman Marcus Bondholder Says Company May Be in Default
Investors announced the news after the department store company moved its MyTheresa business into an entity belonging to the retailer's private equity owners.
Neiman Marcus Bondholder Says Company May Be in Default
Investors announced the news after the department store company moved its MyTheresa business into an entity belonging to the retailer's private equity owners.
Retail
John Lewis Profits Evaporate as Struggling Rivals Slash Prices
The group said profit before one-off items slumped 99 percent in first half of 2018, hit by its stores' pledge to match prices at rivals.
John Lewis Profits Evaporate as Struggling Rivals Slash Prices
The group said profit before one-off items slumped 99 percent in first half of 2018, hit by its stores' pledge to match prices at rivals.
Retail
Saks Off 5th Wants in on the Discount Retail Boom
Hudson’s Bay is trying to turn around its discount chain, after it reported falling same-store sales for the seventh time in the past eight quarters.
Saks Off 5th Wants in on the Discount Retail Boom
Hudson’s Bay is trying to turn around its discount chain, after it reported falling same-store sales for the seventh time in the past eight quarters.
Retail
Debenhams Shares Rise After Speculations of Merge with House of Fraser
Shares in Debenhams rose after an outgoing director of Sports Direct said theboard had discussed combining the department store group with House of Fraser.
Debenhams Shares Rise After Speculations of Merge with House of Fraser
Shares in Debenhams rose after an outgoing director of Sports Direct said theboard had discussed combining the department store group with House of Fraser.
Retail
Debenhams Is Not Pursuing Store Restructuring
The British retailer said that while major store closures were an option, the company was not actively pursuing this route.
Debenhams Is Not Pursuing Store Restructuring
The British retailer said that while major store closures were an option, the company was not actively pursuing this route.
Retail
Hudson's Bay and Signa Holding Merge Two German Department Store Chains
The move comes as the department store chains seek to respond to fierce competition from e-commerce players.
Hudson's Bay and Signa Holding Merge Two German Department Store Chains
The move comes as the department store chains seek to respond to fierce competition from e-commerce players.
Retail
Macy's Posts Same-Store Sales Growth
The department store chain reported a surprise rise in quarterly same-store sales, topping estimates for the third straight quarter.
Macy's Posts Same-Store Sales Growth
The department store chain reported a surprise rise in quarterly same-store sales, topping estimates for the third straight quarter.
Retail
Sports Direct Says It Will Keep Most House of Fraser Stores Open
The aim is to keep at least 80 percent of the stores open after Sports Direct rescued House of Fraser from near collapse last week.
Sports Direct Says It Will Keep Most House of Fraser Stores Open
The aim is to keep at least 80 percent of the stores open after Sports Direct rescued House of Fraser from near collapse last week.
Retail
House of Fraser's Future in Doubt After C.Banner Cancels Fundraising
The UK-based department store chain said talks about other possible sources of investment were ongoing, and that an update would be given when appropriate.
House of Fraser's Future in Doubt After C.Banner Cancels Fundraising
The UK-based department store chain said talks about other possible sources of investment were ongoing, and that an update would be given when appropriate.
Retail
Macy's and Kohl's Debt Strengthened on Prime Day
The stores offered their own sales to compete with Amazon's discounting frenzy, but the online giant's server glitches may have also provided a boost.
Macy's and Kohl's Debt Strengthened on Prime Day
The stores offered their own sales to compete with Amazon's discounting frenzy, but the online giant's server glitches may have also provided a boost.
Retail
Hudson's Bay Drops Ivanka Trump's Brand Due to Weak Performance
The Toronto-based company, which also owns Saks Fifth Avenue and Lord & Taylor, will phase out the brand at its namesake chain and website this fall, a spokeswoman said in a statement Friday.
Hudson's Bay Drops Ivanka Trump's Brand Due to Weak Performance
The Toronto-based company, which also owns Saks Fifth Avenue and Lord & Taylor, will phase out the brand at its namesake chain and website this fall, a spokeswoman said in a statement Friday.
Retail
Department Store Landlords Narrow Lease Escape Clauses
Many landlords in America are pushing to eliminate or restrict the escape clauses in the wake of mass department-store closings, causing less flexibility for the remaining tenants.
Department Store Landlords Narrow Lease Escape Clauses
Many landlords in America are pushing to eliminate or restrict the escape clauses in the wake of mass department-store closings, causing less flexibility for the remaining tenants.
The News in Brief
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
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.
AII Launches Industry-First Tool Standardising Measurement of Carbon Emissions
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.
Marco De Vincenzo Exits Etro
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.
Exclusive: Akt London Enters Sephora
The UK label will roll out its hero deodorant to Sephora US doors and launch its full assortment online as the LVMH-owned retailer expands its body care offering.
Zalando Forecasts 2026 Profit Jump Driven by AI Boost
The European retailer forecast a rise in full-year adjusted operating profit and announced a share buyback, citing the productivity and cost-saving benefits of AI.
Lululemon Founder Warns CEO Candidates That Board Needs Overhaul
Chip Wilson wrote an open letter to potential candidates for the activewear brand’s next chief executive warning them of problems at the company.