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Business

Uncertainty — and Fear — Grip Fashion World as Trump Era Dawns

The fashion community is in wait-and-see mode as President Trump kicks off his agenda.

clock January 22, 2017Evan Clark

Fashion

Paris Couture Houses Braced for Change After Turbulent Year

As Dior and Schiaparelli mark anniversaries, Versace has canceled its Atelier Versace couture show in favor of client events.

clock 19hJoelle Diderich

Business

Condé Nast Braces for Consolidations This Week

Consolidations are said to take place this week in advance of a trove of annual meetings.

clock 19hAlexandra Steigrad

kmart sears holdings corp. edward lampert

Financial

Moody’s Cuts Sears Credit Rating, Questions Kmart Viability

Moody’s cut the retailer’s credit rating after steep holiday sales drops and noted the company was running out of things to sell.

clock January 20, 2017Evan Clark

Marissa Mayer

Financial

Yahoo Sale to Verizon Pushed Back

The company reported revenue of $1.47 billion in the fourth quarter, with plans to close the sale to Verizon pushed to the second quarter of 2017.

clock 39mMaghan McDowell

Kate Spade's Cameron Street Collection.

Mergers and Acquisitions

Kate Spade Shares Rise 3.6% on Sale Speculation

Cowen analyst Oliver Chen said a deal could happen in the first half of 2017.

clock 1hVicki M. Young

Donald J. Trump signs three executive orders on "first day" in office, including withdrawing the U.S. from the TPP.

Government and Trade

President Trump Ushers in New Trade Era, Withdraws From TPP

Trump also held a business round table with executives, encouraging them to keep and expand business in the U.S. and warning them of a border tax on imports of offshored goods.

clock 2hKristi Ellis

POS

Technology

First Data, KWI Partner on POS Cloud Platform Bundle for Retailers

The point-of-sale, cloud-based bundled platform is especially designed for specialty and luxury retailers.

clock 2hArthur Zaczkiewicz

Screen shot of Lifetime's site, mylifetime.com.

Media

A+E to Build Lifetime as Digital Women’s Brand Under Ex-Refinery29 Editor

Ex-R29 editorial director and Marie Claire executive editor, Lea Goldman on how she will evolve Lifetime into a digital women’s brand.

clock 3hAlexandra Steigrad

JC Penney

Financial

J.C. Penney Extends Stockholder Rights Plan

The extension is for another three years.

clock 4hVicki M. Young

A rendering of the new Ikea store in London

Retail

Ikea to Open New Sustainable Store Concept in London’s Greenwich

The company said it would submit its planning application to the Royal Borough of Greenwich in Feb.

clock 4hLorelei Marfil

Many retail executives are optimistic about 2017 sales.

Business Features

TD Bank Survey Has Retail Executives Optimistic About 2017

A total of 74 percent believe sales will increase in the next 12 months.

clock 5hVicki M. Young

Rick Helfenbein

Government and Trade

AAFA Writes Bangladesh PM Over Labor Unrest

AAFA encouraged Hasina Wazed to implement a regular and transparent wage review mechanism for the garment industry.

clock 6hArthur Friedman

Airbnb Trips Los Angeles

Business Features

Airbnb’s Trips Syncs With L.A. Designers on New Experience

The company’s recently launched platform aimed at filling out visitor experiences beyond lodging offers a closer look at L.A.’s independent fashion community.

clock 6hKari Hamanaka

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Screen shot of Lifetime's site, mylifetime.com.

Business

A+E to Build Lifetime as Digital Women’s Brand Under Ex-Refinery29 Editor

clock 3hAlexandra Steigrad

Social Studies