The chief executive officer discusses the brand's turnaround since he took over two years ago.
Tiffany & Co. named three new board members, and one analyst has a target price of $102 for Tiffany shares.
Apparel was a surprising standout performer in an otherwise difficult year.
The IRS has handed out 70 percent fewer tax refund dollars so far this year, leaving department stores to suffer and off-price stores to gain.
Money from the private equity firm will help the Latin American brand make a global play.
The agreement launches the East Africa Cotton, Textile and Apparel Initiative to establish sustainable workforce development programs in the region.
Japan is a strategic market for the brand, which recently entered a new phase of international expansion.
Soma was its best-performing business segment.
It continued to reduce its retail network, with controlled square footage shrinking by nearly 17 percent in a year.
The chief executive officer discusses the brand’s turnaround since he took over two years ago.