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
Luxury
American Fashion Is Kicking Its Off-Price Habit. Will it Pay Off?
This week, everyone will be talking about financial results from the American fashion giants behind Ralph Lauren, Coach and Michael Kors, the relatively buzz-less New York Fashion Week and the latest milestone in Saks Fifth Avenue's $250 million renovation of its flagship. Read our BoF Professional Cheat Sheet.
American Fashion Is Kicking Its Off-Price Habit. Will it Pay Off?
This week, everyone will be talking about financial results from the American fashion giants behind Ralph Lauren, Coach and Michael Kors, the relatively buzz-less New York Fashion Week and the latest milestone in Saks Fifth Avenue's $250 million renovation of its flagship. Read our BoF Professional Cheat Sheet.
Retail
How American Department Stores Plan to Fight Back in 2019
From the battle for Manhattan to the battle for survival, Neiman Marcus, Saks Fifth Avenue, Nordstrom and others may look radically different by the end of the year.
How American Department Stores Plan to Fight Back in 2019
From the battle for Manhattan to the battle for survival, Neiman Marcus, Saks Fifth Avenue, Nordstrom and others may look radically different by the end of the year.
Retail
Nordstrom's Full-Price Comparable Sales for Holiday Season Disappoints
The department store operator cites lower traffic as the reason for below-expected sales during the crucial months of November and December.
Nordstrom's Full-Price Comparable Sales for Holiday Season Disappoints
The department store operator cites lower traffic as the reason for below-expected sales during the crucial months of November and December.
Retail
The Week Ahead: LVMH Primed to Dominate Blockbuster Week at the Paris Men's Shows
This week, everyone will be talking about Virgil Abloh, Hedi Slimane, Kim Jones and the other designers showing at Paris Fashion Week Men's - and how the the buzziest brands share a corporate parent. Read our BoF Professional Cheat Sheet.
The Week Ahead: LVMH Primed to Dominate Blockbuster Week at the Paris Men's Shows
This week, everyone will be talking about Virgil Abloh, Hedi Slimane, Kim Jones and the other designers showing at Paris Fashion Week Men's - and how the the buzziest brands share a corporate parent. Read our BoF Professional Cheat Sheet.
Retail
Report: Sears to Ask Bankruptcy Judge for Approval to Liquidate
Should the retailer liquidate its assets, it would become one of the most high-profile victims in the wave of bankruptcies that has swept the industry in the last few years.
Report: Sears to Ask Bankruptcy Judge for Approval to Liquidate
Should the retailer liquidate its assets, it would become one of the most high-profile victims in the wave of bankruptcies that has swept the industry in the last few years.
Retail
Saks Shuts Downtown Store in Cutthroat Manhattan Retail Wars
The failure of the women’s shop highlights intensifying competition in New York's department-store battlefield.
Saks Shuts Downtown Store in Cutthroat Manhattan Retail Wars
The failure of the women’s shop highlights intensifying competition in New York's department-store battlefield.
Retail
Sears May Stay Alive With Rescue Bid Cobbled Together by Lampert
The chain's chairman, Eddie Lampert, made a last-minute, $4.6 billion bid to buy the retailer out of bankruptcy.
Sears May Stay Alive With Rescue Bid Cobbled Together by Lampert
The chain's chairman, Eddie Lampert, made a last-minute, $4.6 billion bid to buy the retailer out of bankruptcy.
Retail
Saks Fifth Avenue Drives Revenue Gains at Hudson's Bay
Chief executive officer Helena Foulkes said in an interview that the company is still fixing the fundamentals, though she’s pleased with progress.
Saks Fifth Avenue Drives Revenue Gains at Hudson's Bay
Chief executive officer Helena Foulkes said in an interview that the company is still fixing the fundamentals, though she’s pleased with progress.
Retail
Debenhams to Close 50 Stores
After full-profits fell by 65 percent, its biggest loss in 240-year history, the British department store chain is set to close 50 stores over three to five years.
Debenhams to Close 50 Stores
After full-profits fell by 65 percent, its biggest loss in 240-year history, the British department store chain is set to close 50 stores over three to five years.
Beauty
Sephora Takes on Beautycon
This week, everyone will be talking about Sephora's first beauty convention, a potential Sears bankruptcy and runway shows in Shanghai, Seoul and Tokyo. Read our BoF Professional Cheat Sheet.
Sephora Takes on Beautycon
This week, everyone will be talking about Sephora's first beauty convention, a potential Sears bankruptcy and runway shows in Shanghai, Seoul and Tokyo. Read our BoF Professional Cheat Sheet.
Retail
Sports Direct Buys Department Store Frasers
The sportswear group has agreed to buy the freehold of the Glasgow's Frasers department store, which trades as part of the House of Fraser business, for £95 million.
Sports Direct Buys Department Store Frasers
The sportswear group has agreed to buy the freehold of the Glasgow's Frasers department store, which trades as part of the House of Fraser business, for £95 million.
Retail
Saks Fifth Avenue Hits Back at Cartier with $55 Million Countersuit
The department store argues that it's justified in moving Cartier to the basement of its New York flagship, and denies ever assuring the fine jewellery brand that it could keep its ground floor boutique.
Saks Fifth Avenue Hits Back at Cartier with $55 Million Countersuit
The department store argues that it's justified in moving Cartier to the basement of its New York flagship, and denies ever assuring the fine jewellery brand that it could keep its ground floor boutique.
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.