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.

The one-time Sears unit has been phasing out its sites situated inside the struggling chain.

The one-time Sears unit has been phasing out its sites situated inside the struggling chain.

The casual clothing company Lands' End is naming the one-time chief executive of the high-end luggage maker Tumi as its next chief executive officer.

The casual clothing company Lands' End is naming the one-time chief executive of the high-end luggage maker Tumi as its next chief executive officer.

"Both have taken dramatic steps to reinvent their brands for a new era of retail. The similarities end there."

"Both have taken dramatic steps to reinvent their brands for a new era of retail. The similarities end there."

"What happens when a company doesn’t know its customers or its strengths? It loses money — and its identity."

"What happens when a company doesn’t know its customers or its strengths? It loses money — and its identity."
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Federica Marchionni has stepped down after less than two years and now the board has appointed two vice presidents to lead the company while it searches for a new chief executive officer.

Federica Marchionni has stepped down after less than two years and now the board has appointed two vice presidents to lead the company while it searches for a new chief executive officer.

Diana Chu, art director of Lands' End, says that personal projects are integral to your work-life balance, because they keep you focused.

Diana Chu, art director of Lands' End, says that personal projects are integral to your work-life balance, because they keep you focused.

New chief executive officer Federica Marchionni wants to gain a new kind of customer while keeping her loyal fan base.

New chief executive officer Federica Marchionni wants to gain a new kind of customer while keeping her loyal fan base.

BoF compiles the most important professional moves of the week.

BoF compiles the most important professional moves of the week.
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Lands' End CEO Edgar Huber is resigning, the company said Monday.

Lands' End CEO Edgar Huber is resigning, the company said Monday.
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
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.
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.
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
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.
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.
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.