Financial

gucci-pre-fall

Financial

Kering Raises Interim Dividend on Stellar Performance

The owner of brands including Gucci, Saint Laurent and Balenciaga has increased its interim dividend by 33 percent to 2 euros.

clock 9hJoelle Diderich

A partial assortment from Brandless.

Financial

Brandless’ $35M Series B Round Includes High-Profile Individuals

The round includes more than 20 individual investors, such as Mindy Grossman and Leslie Blodgett.

clock 12hVicki M. Young

The New York flagship on Fifth Ave. will close by the end of December.

Financial

Charming Charlie: Bankruptcy Update

The retailer’s counsel said 6,700 total retail stores have closed so far, with Charming Charlie the 20th major retail bankruptcy this year.

clock December 13, 2017Vicki M. Young

Calypso is beginning liquidation sales as part of its forced bankruptcy.

Financial

Calypso Set to Liquidate, Close All Stores

The beachy brand is among several retail casualties this year.

clock December 13, 2017Kali Hays

Zara's Mumbai flagship store

Financial

Inditex Reassures as 9-Month Net Profit Rises 6%

The Zara owner said sales rose 10 percent, prompting optimism for the crucial end-of-the-year period.

clock December 13, 2017Mimosa Spencer

A Sears store.

Financial

Sears Holdings Extends Maturity of Term Loan

The Term Loan now matures in January 2019.

clock December 12, 2017Vicki M. Young

Miroslava DumaStreet style, Spring Summer, 2017 Haute Couture, Fashion Week, Paris, France - 24 Jan 2017

Financial

Patagonia Sees Sales Spike After Launching Fight With Trump

The activist-centric company’s new fight over public land seems to be doing well, judging by the business.

clock December 12, 2017Kali Hays

The New York flagship on Fifth Ave. will close by the end of December.

Financial

Charming Charlie Plans Quick Chapter 11 Exit

The company is closing 100 stores, including its Manhattan flagship on Fifth Avenue.

clock December 12, 2017Vicki M. Young

The New York flagship on Fifth Ave. will close by the end of December.

Financial

Charming Charlie Files Voluntary Chapter 11 Petition

The petition was filed in Delaware.

clock December 11, 2017Vicki M. Young

Street Style, Arrival for AcneStreet Style, Day 5, Autum Winter 2017, Paris Fashion Week, France - 04 Mar 2017

Financial

Which Fashion, Beauty and Retail Players Saw Sales Grow the Most?

The winners and losers of third-quarter earnings, according to WWD.

clock December 11, 2017Kali Hays

American Apparel shop on Oxford Street closed down and empty.American Apparel shop closed down on Oxford Street, London, UK. - 26 Dec 2016.

Financial

Which Retailers Are Closing Stores in 2017

From American Apparel to Macy’s, retailers of all stripes have been suffering lately and closing stores.

clock December 11, 2017Evan Clark

Mastercard's Masterpass.

Financial

Mastercard Selects Hypr Corp. to Join Start Path Program

The initiative invests in companies that show promise in transforming modern commerce — at scale.

clock December 11, 2017Elizabeth Doupnik

Financial

Retail’s Holiday Signs of Hope and Signs of Nope

The holiday arrived with indications that some retailers and brands are gaining, while others continue to slip.

clock December 11, 2017Evan Clark

A shopper rolls a full cart past a Santa figure with a countdown clock numbering the days until Christmas at a J.C. Penney store, in Seattle. Black Friday has morphed from a single day when people got up early to score doorbusters into a whole season of deals, so shoppers may feel less need to be outHoliday Shopping Black Friday, Seattle, USA - 24 Nov 2017

Financial

Hope or Nope? Retailers Tested by Holiday Season

Certain brands and retailers are getting a year-end lift, but it hasn’t come easy and more trials are ahead.

clock December 11, 2017Evan Clark

The New York flagship on Fifth Ave. will close by the end of December.

Financial

More Debt Restructurings and Potential Bankruptcies in 2018

Charming Charlie — long on the watch list of distressed retailers — is closing stores, including its Fifth Avenue flagship.

clock December 7, 2017Vicki M. Young

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Today's Must Read

Target agreed to acquire Shipt for $550 million.

Business

Target Buys Last-Mile Delivery Firm Shipt for $550 Million

clock December 13, 2017Sharon Edelson

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