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.
department-stores
Retail
House of Fraser to Close Stores Following C.banner Investment
The British department store group said it would close some stores as a condition of securing new funds from the Chinese retailer, which will become the majority owner of with a 51 percent stake.
House of Fraser to Close Stores Following C.banner Investment
The British department store group said it would close some stores as a condition of securing new funds from the Chinese retailer, which will become the majority owner of with a 51 percent stake.
Retail
Debenhams Stock Sinks as CFO Exits
Following a holiday season where consumers shifted to retailers like Amazon, full-year pretax profit will be at the lower end of forecasts.
Debenhams Stock Sinks as CFO Exits
Following a holiday season where consumers shifted to retailers like Amazon, full-year pretax profit will be at the lower end of forecasts.
Retail
As Bon-Ton Liquidates, US Department Stores Vie for Its Shoppers
Dozens of brick-and-mortar retailers have been forced to shutter stores and file for bankruptcy, as they rethink their businesses in the face of rising online competition.
As Bon-Ton Liquidates, US Department Stores Vie for Its Shoppers
Dozens of brick-and-mortar retailers have been forced to shutter stores and file for bankruptcy, as they rethink their businesses in the face of rising online competition.
Retail
Op-Ed | Nordstrom Has a Good Shot at Making It in the Big Apple
It's clear when you look at Nordstrom's broader physical retailing strategy that it is well aware it can't play by 1990's or early 2000's rules.
Op-Ed | Nordstrom Has a Good Shot at Making It in the Big Apple
It's clear when you look at Nordstrom's broader physical retailing strategy that it is well aware it can't play by 1990's or early 2000's rules.
Retail
Barneys New York Goes International With Boon the Shop
The American department-store chain has signed a wholesale deal to sell its private-label collection internationally through the pioneering South Korean retailer.
Barneys New York Goes International With Boon the Shop
The American department-store chain has signed a wholesale deal to sell its private-label collection internationally through the pioneering South Korean retailer.
Retail
Nordstrom Debuts First Men's Store amid Tough Time for Retail
The new men’s store is the first of Nordstrom's two-part push into New York.
Nordstrom Debuts First Men's Store amid Tough Time for Retail
The new men’s store is the first of Nordstrom's two-part push into New York.
Retail
Turkish Retailer Beymen to Proceed With IPO
The luxury retailer will proceed with an Istanbul listing of up to 40 percent of its capital.
Turkish Retailer Beymen to Proceed With IPO
The luxury retailer will proceed with an Istanbul listing of up to 40 percent of its capital.
Retail
Sézane Names Nordstrom as First US Retail Partner
The digitally native French fashion brand is delving deeper into physical retail and will see its Spring collection stocked across five Nordstrom stores.
Sézane Names Nordstrom as First US Retail Partner
The digitally native French fashion brand is delving deeper into physical retail and will see its Spring collection stocked across five Nordstrom stores.
Retail
Galeries Lafayette Turns to Art and Gourmet Food to Lure Shoppers
The upscale department store plans to open its first Italian food emporium and a three-storey food hall including seven restaurants.
Galeries Lafayette Turns to Art and Gourmet Food to Lure Shoppers
The upscale department store plans to open its first Italian food emporium and a three-storey food hall including seven restaurants.
Retail
Nordstrom Ends Buyout Talks With Founding Family Over Price
The family had been working since June to take the 117-year-old retailer private, but the two sides couldn’t agree on a price.
Nordstrom Ends Buyout Talks With Founding Family Over Price
The family had been working since June to take the 117-year-old retailer private, but the two sides couldn’t agree on a price.
Retail
John Lewis Wants to Be the Anti-Amazon
The retailer wants to build more personalised relationships with its customers through concierge-style services, doubling down on everything it says Amazon can’t do.
John Lewis Wants to Be the Anti-Amazon
The retailer wants to build more personalised relationships with its customers through concierge-style services, doubling down on everything it says Amazon can’t do.
Luxury
Cult Sneaker Label Filling Pieces Launches Ready-to-Wear
The Amsterdam-based footwear brand, known for its minimal sneakers, wants apparel to account for 40 percent of its total revenue by 2025.
Cult Sneaker Label Filling Pieces Launches Ready-to-Wear
The Amsterdam-based footwear brand, known for its minimal sneakers, wants apparel to account for 40 percent of its total revenue by 2025.
The News in Brief
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.
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.