US SEC Preparing to Eliminate Quarterly Reporting Requirement, WSJ Says
The proposal would give companies the option to share results twice a year.
department-stores
Retail
Harvey Nichols Aims to Lure Shoppers With New Womenswear Floor
For the past four years the British department store has been revamping its 220,000 square foot flagship store in London’s Knightsbridge. Today it unveils the latest phase of the multi-million pound project.
Harvey Nichols Aims to Lure Shoppers With New Womenswear Floor
For the past four years the British department store has been revamping its 220,000 square foot flagship store in London’s Knightsbridge. Today it unveils the latest phase of the multi-million pound project.
Retail
Department Stores to Take Toll on John Lewis Profit
The warning comes after it reported a 22 percent drop in core profit to £289 million for its last financial year in March.
Department Stores to Take Toll on John Lewis Profit
The warning comes after it reported a 22 percent drop in core profit to £289 million for its last financial year in March.
Retail
Ex-Amazon Executive Tapped to Run Luxury Store Bergdorf Goodman
Neiman Marcus Group hired a former Amazon executive to run its luxury department store Bergdorf Goodman as it refocuses efforts on growing internet sales.
Ex-Amazon Executive Tapped to Run Luxury Store Bergdorf Goodman
Neiman Marcus Group hired a former Amazon executive to run its luxury department store Bergdorf Goodman as it refocuses efforts on growing internet sales.
Retail
Why Digital Brands Are Invading Department Stores
Traditional retailers are bringing internet-born, direct-to-consumer brands into their stores as a way to draw millennials, creating new models for wholesale partnerships in the process.
Why Digital Brands Are Invading Department Stores
Traditional retailers are bringing internet-born, direct-to-consumer brands into their stores as a way to draw millennials, creating new models for wholesale partnerships in the process.
Retail
Activist Urges the Owner of Hudson's Bay to Mimic Macy's
Activist investor Land & Buildings resumed its criticism of department store owner Hudson's Bay Co., urging it to correct its underperformance and extract value from its substantial real estate holdings.
Activist Urges the Owner of Hudson's Bay to Mimic Macy's
Activist investor Land & Buildings resumed its criticism of department store owner Hudson's Bay Co., urging it to correct its underperformance and extract value from its substantial real estate holdings.
Retail
Debenhams Issues Third Profit Warning This Year
Struggling to compete with online rivals, the British department store plunged as much as 20 percent.
Debenhams Issues Third Profit Warning This Year
Struggling to compete with online rivals, the British department store plunged as much as 20 percent.
Retail
House of Fraser to Close 31 Stores
The department store group is set to close 31 stores in a move likely to result in 6,000 job losses, leaving it with just 28 stores in the UK.
House of Fraser to Close 31 Stores
The department store group is set to close 31 stores in a move likely to result in 6,000 job losses, leaving it with just 28 stores in the UK.
Retail
'Retailpocalypse' Is Over as Evercore Says To Buy Macy's
Old-world brands and retailers are figuring out how to manage inventory and market to consumers in the digital era.
'Retailpocalypse' Is Over as Evercore Says To Buy Macy's
Old-world brands and retailers are figuring out how to manage inventory and market to consumers in the digital era.
Retail
With Three New Brands, Target Takes Aim at Gen-Z
The cheap and chic retailer is launching Wild Fable, Original Use and Heyday in a bid to win over a demographic that is critical to its success. Will fickle young consumers bite?
With Three New Brands, Target Takes Aim at Gen-Z
The cheap and chic retailer is launching Wild Fable, Original Use and Heyday in a bid to win over a demographic that is critical to its success. Will fickle young consumers bite?
Retail
Kohl’s Revenues Top Analyst Estimates
The US department-store chain raised its full-year earnings forecast as its turnaround gains steam.
Kohl’s Revenues Top Analyst Estimates
The US department-store chain raised its full-year earnings forecast as its turnaround gains steam.
Financial Markets
Macy's Shares Surge After Profit Beats Estimates
First-quarter same-store sales rose 4.2 percent signaling that the company is keeping up in a fiercely competitive retail landscape.
Macy's Shares Surge After Profit Beats Estimates
First-quarter same-store sales rose 4.2 percent signaling that the company is keeping up in a fiercely competitive retail landscape.
Retail
UK Shopping Mall Lending Becomes a No-Go Area
Deutsche Bank said it won’t advance credit for malls in the UK after a string of retailers have cut their rent bills, closed stores and gone bankrupt.
UK Shopping Mall Lending Becomes a No-Go Area
Deutsche Bank said it won’t advance credit for malls in the UK after a string of retailers have cut their rent bills, closed stores and gone bankrupt.
The News in Brief
Kering Unveils New Jewellery Unit, Merges Fashion Brand Reporting
Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.
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.
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
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.
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.
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.