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
Sports Direct Says Debenhams Investors Back Ashley's Bid for CEO
The sportswear group, which has a near-30 percent stake in Debenhams, did not name or number the shareholders backing such a move.
Sports Direct Says Debenhams Investors Back Ashley's Bid for CEO
The sportswear group, which has a near-30 percent stake in Debenhams, did not name or number the shareholders backing such a move.
Retail
Mike Ashley Weighs Offer Valuing Debenhams at $81 Million
The offer is the latest of Ashley’s attempts to wrest control of the ailing department store and save his existing stake in the company.
Mike Ashley Weighs Offer Valuing Debenhams at $81 Million
The offer is the latest of Ashley’s attempts to wrest control of the ailing department store and save his existing stake in the company.
Retail
Boost for Champs Elysées as Galeries Lafayette Opens 'Concept' Store
As top-tier department stores pitch themselves as day-trip destinations to counter competition from online rivals such as Amazon, Galeries Lafayette will open a new outlet in Paris this week.
Boost for Champs Elysées as Galeries Lafayette Opens 'Concept' Store
As top-tier department stores pitch themselves as day-trip destinations to counter competition from online rivals such as Amazon, Galeries Lafayette will open a new outlet in Paris this week.
Retail
Neiman Marcus Creditors in Preliminary Agreement to Extend Debt Maturities
The agreement is a step toward restructuring borrowings for the heavily indebted company.
Neiman Marcus Creditors in Preliminary Agreement to Extend Debt Maturities
The agreement is a step toward restructuring borrowings for the heavily indebted company.
Retail
The Week Ahead: UK Faces Brexit Crunch Time. Again.
This week, everyone will be talking about Brexit, Galeries Lafayette's opening against the backdrop of the Yellow Vest protests in Paris and H&M's latest earnings report. Read our BoF Professional Cheat Sheet.
The Week Ahead: UK Faces Brexit Crunch Time. Again.
This week, everyone will be talking about Brexit, Galeries Lafayette's opening against the backdrop of the Yellow Vest protests in Paris and H&M's latest earnings report. Read our BoF Professional Cheat Sheet.
Luxury
How Barneys Is Giving the Marijuana Lifestyle the Luxury Treatment
The high-end department store launched a range of pot-themed products this week in the latest sign that the drug is moving up the social ladder.
How Barneys Is Giving the Marijuana Lifestyle the Luxury Treatment
The high-end department store launched a range of pot-themed products this week in the latest sign that the drug is moving up the social ladder.
Retail
The New Rules of Brick-and-Mortar Retail
Amid an ongoing 'retail apocalypse' that’s wiping out thousands of stores, retailers are staking their future on a new generation of brick-and-mortar shops that are radically different from their predecessors.
The New Rules of Brick-and-Mortar Retail
Amid an ongoing 'retail apocalypse' that’s wiping out thousands of stores, retailers are staking their future on a new generation of brick-and-mortar shops that are radically different from their predecessors.
Retail
6 Things You Need to Know About the New Galeries Lafayette
The French department store’s new Champs-Elysées store is slated to open on March 28 as part of a wider reboot of the famed Parisian avenue.
6 Things You Need to Know About the New Galeries Lafayette
The French department store’s new Champs-Elysées store is slated to open on March 28 as part of a wider reboot of the famed Parisian avenue.
News & Analysis
Nordstrom Lifts Full-Year Guidance
"Digital sales jumped 16 percent during the fiscal year."
Nordstrom Lifts Full-Year Guidance
"Digital sales jumped 16 percent during the fiscal year."
Retail
Macy's Shares Rise as Investors Applaud Plan to Streamline Business
While the company said it can achieve growth in comparable-store sales, it won’t come immediately.
Macy's Shares Rise as Investors Applaud Plan to Streamline Business
While the company said it can achieve growth in comparable-store sales, it won’t come immediately.
Retail
Woolworths CEO Under Pressure as David Jones Struggles
Two Australian non-executive directors resigned from David Jones last week, hot on the heels of CEO David Thomas, the third head of that business to leave in five years.
Woolworths CEO Under Pressure as David Jones Struggles
Two Australian non-executive directors resigned from David Jones last week, hot on the heels of CEO David Thomas, the third head of that business to leave in five years.
Retail
Debenhams Gets £40 Million Credit Deal
The department store also announced a sourcing partnership with Li & Fung for its own-brand products.
Debenhams Gets £40 Million Credit Deal
The department store also announced a sourcing partnership with Li & Fung for its own-brand products.
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.