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Business

Starbucks' Schultz Sees Sweeping Retail Consolidation

As U.S. retailing consolidates, Starbucks sees adding 12,000 stores worldwide through 2021.

clock 20hDavid Moin and Evan Clark

Business

Jewelry Brand Kendra Scott Puts Stake on the Block

The Austin, Tex.-based jeweler could be valued at $1 billion or higher in the Jefferies-run process.

clock 16hEvan Clark

Business

Hear J. Crew's Mickey Drexler Getting Succession-Minded

J. Crew Group is working to improve its business and moving to create a succession plan.

clock 24hDavid Moin

Government and Trade

NYCEDC Awards First Industrial Development Fund Grant

NYCEDC is awarding a $10 million grant through the IDF and providing a $3.7 million loan for the $37 million project.

clock 2hArthur Friedman

American Apparel ron burkle

Retail

American Apparel Creditors Want More Time to Investigate ‘Epic Failure’

The company’s unsecured creditors committee is pushing back on terms of the DIP financing and want more time to investigate the lenders involved in the company’s first bankruptcy.

clock 2hKari Hamanaka

Diptyque's light-filled Berlin boutique.

Retail

Diptyque Celebrates First German Store in Berlin

The French scent-centric brand also launched an exclusive-to-boutique candle celebrating the German capital.

clock 2hSusan Stone

Brian Stelter, Margaret Sullivan, Mike McAvoy, and Josh Barro at the BI Ignition 2016.

Media

Brian Stelter, Margaret Sullivan and Onion CEO on ‘Fake News’ and the Post-Truth Era

CNN’s Stelter, The Washington Post’s Sullivan and The Onion’s Mike McAvoy talked about the role of the media during a Trump presidency.

clock 3hAlexandra Steigrad

Backstage at Mulberry RTW Spring 2017

Financial

Mulberry Takes Control of Asia Business With Owner Club 21

Brand sees benefits, drawbacks from weaker pound.

clock 3hSamantha Conti

Women's shoes

Retail

Neiman Marcus Beverly Hills Caps Two-Year Makeover

The luxury retailer’s store on Wilshire Boulevard is nearing completion on a makeover that has spruced and revamped across its five levels.

clock 3hKari Hamanaka

Upcoming products from Vince.

Financial

Vince Posts Q3 Loss; CEO Said Fashion Assortment in Right Direction

Short-term pressures contribute to lowered fiscal year guidance.

clock 3hVicki M. Young

Lisa Arbetter

Media

Editor in Chief Lisa Arbetter to Depart StyleWatch

The editor in chief will leave Time Inc. at the end of the month.

clock 4hKara Bloomgarden-Smoke

Ree Drummond

Media

Hearst Looks to Personalities for Magazine Launches, Inks Deal With Ree Drummond

Food Network star Ree Drummond will get her own magazine, beginning June 2017.

clock 5hAlexandra Steigrad

Handbags made from repurposed records.

Business Features

Designer Transforms Vinyl Records Into Handbags, Earrings and Bowls

Brianne Olsson takes old vinyl records and redesigns it into one-of-a-kind handbags, purses and earrings.

clock 6hArthur Zaczkiewicz

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Essentialist

Today's Must Read

Raf Simons

Fashion

Calvin Klein’s Amy Mellen, Senior VP of Home, Is Leaving

clock 21hLisa Lockwood

Social Studies