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Business

Burberry Names Gobbetti Executive Chairman and CEO

Marco Gobbetti will join the company as executive chairman, Asia-Pacific and Middle East until July 4, when he will become ceo.

clock January 16, 2017Samantha Conti

Business

American Apparel Lays Off 2,400 Workers

American Apparel workers reported to the company’s Los Angeles factory Monday to pick up their final checks.

clock January 16, 2017Kari Hamanaka

Business

Hermès to Open Meatpacking District Store

The neighborhood is constantly in a state of flux.

clock 21hSharon Edelson

Financial

A look from the Diane Gilman x Christopher & Banks collection.

Financial

Christopher & Bank Stock Tanks 32 Percent, CEO Exits

LuAnn Via has left the retailer, which reported a weaker than expected holiday season.

clock 4hEvan Clark

A Limited storefront.

Financial

The Limited Files Chap. 11 Petition; Sycamore Inks $25.8M Deal for IP

The deal with Sycamore is subject to better offers at a court auction.

clock 5hVicki M. Young

Financial

Claire’s Stores Pulls IPO Plans

The U.S. IPO market has been in a recession from August 2015 through 2016.

clock 5hVicki M. Young

Revlon CEO Fabian Garcia at the company's headquarters.

Financial

Revlon Reorganizes with Brand Focus

The business is aiming to break into the top 10 beauty companies.

clock 11hAllison Collins and Pete Born

Financial

European Stock Markets Decline

Retail and luxury stocks were mostly in retreat in morning trading on Tuesday morning.

clock 15hLorelei Marfil

Beiersdorf NIVEA Eucerin and La Prairie

Financial

Beiersdorf Sales Rise 1% in 2016

Both the company’s consumer division and its adhesives unit contributed to the uptick.

clock 15hSusan Stone

A Zalando fulfillment center.

Financial

Zalando Stays on Profitable Path in Q4

Operating profits reached 104 million euros, or $112.2 million, in the fourth quarter, according to preliminary figures.

clock 16hQuynh Tran

Financial

Most European Stock Markets Dip

Retail and luxury stocks put an uneven show in early afternoon trading on Monday.

clock January 16, 2017Lorelei Marfil

A Hugo Boss window display.

Financial

Hugo Boss Upbeat on 2016 Targets as Q4 Improves

The troubled German group now expects 2016 operating profit to fall at the lower end of its forecast range.

clock January 16, 2017Melissa Drier

Hennes & Mauritz store in London

Financial

H&M December Sales Rise 6%

The fast-fashion giant has reported a steady decrease in sales in local currencies since October.

clock January 16, 2017Joelle Diderich

Inside the Nasty Gal store on Melrose Avenue.

Financial

More Than 200 Parties Have Expressed Interest in Buying Nasty Gal

Multiple, qualified bids on the company could pave the way for a bankruptcy auction for Nasty Gal.

clock January 13, 2017Kari Hamanaka

Financial

European Stock Markets Advance

Retail and luxury stocks were also on the upswing early Friday.

clock January 13, 2017Lorelei Marfil

Cartier’s brooch in 18-karat white gold with rubellite, onyx and diamonds.

Financial

Richemont’s Q3 Rebound: A Herald of Better Times?

After a tough 2016, things are looking up for hard luxury, and watches in particular.

clock January 12, 2017Samantha Conti

American Apparel

Financial

American Apparel Sale to Gildan Approved for $103 Million

The Los Angeles company’s deal to Gildan Activewear received court approval along with smaller deals on some retail leases also receiving the OK.

clock January 12, 2017Kari Hamanaka

Stadium Goods

Financial

Stadium Goods Raises $4.6M in Equity Funding

The $4.6M equity raise is the firm’s first round of financing.

clock January 12, 2017Vicki M. Young

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Reed Krakoff

Accessories

Tiffany & Co. Appoints Reed Krakoff Chief Artistic Officer, Amfitheatrof Steps Down

clock 13hMisty White Sidell

Social Studies