Financial

Jimmy Choo boutique Milan

Financial

JAB Quits Luxury to Focus on Coffee, Coty, Consumer Goods

Jimmy Choo, Bally are under review, with JAB actively seeking buyers for both.

clock 3hSamantha Conti

sears

Financial

Sears’ New Cost-Cutting Efforts Not Enough for Wall Street

Investors remain wary of Sears despite plans to create another $250 million in annual savings.

clock 8hKali Hays

Emmanuel Macron

Financial

French Election Results Boost European Markets in Mid-Morning Trading

Retail and luxury stocks were mostly up early on Monday.

clock 13hSamantha Conti

Nina Ricci's Luna

Financial

Puig Profit Rises 23% in 2016

The family-owned Spanish fragrance and fashion company said it’s on track to hit 2 billion euros in sales this year.

clock 14hJennifer Weil

Jimmy Choo

Financial

Jimmy Choo ‘Seeking Offers’ in New Strategic Review

The British footwear and accessories brand said it’s exploring various options.

clock 17hSamantha Conti

Many beauty consumers trust recommendations from influencers on what to buy.

Financial

Online Beauty Consumers Have No Loyalty to the Point-of-Sale

Consumers are shopping based on price, and they’re relying on influencers to get information before they buy.

clock 19hVicki M. Young

Ralph Lauren

Financial

Ralph Lauren Restructuring Rolls On With Distribution Job Cuts

The company is set to cut more than 100 jobs at a North Carolina distribution center.

clock April 21, 2017Kali Hays

Vince New York Retail

Financial

Vince Downgraded After Financial Results Delayed

Moody’s is wary of the brand’s ability to comply with financial covenants over the next year.

clock April 21, 2017Kali Hays

Fabian Garcia

Financial

Fabian Garcia’s $18.5M Payday at Revlon

The ceo is busy bringing together the Revlon and Elizabeth Arden businesses.

clock April 21, 2017Evan Clark

Bebe is in the process of closing all stores to focus on its online business.

Financial

Bebe to Incur $20M Impairment on Close of All Stores

The company disclosed the shuttering of its retail fleet in an SEC filing.

clock April 21, 2017Kari Hamanaka

Financial

Europe’s Markets Dip in Mid-Morning Trading

Retail and luxury stocks were mostly down early on Friday, with the exception of Marks & Spencer.

clock April 21, 2017Samantha Conti

Marc Lore Jet.com CEO Marc Lore speaks during an interview in Hoboken, N.J. Lore aims to reinvent the shopping cart while taking on Amazon.com. The marketplace site, launched in July 2015 to a lot of scrutiny, now sells more than 11 million products ranging from jeans to diapers in its bid to underprice an industry Goliath and other storesInsider Q A Jetcom Marc Lore, Hoboken, USA

Financial

Marc Lore, Wal-Mart’s $244 Million Man

The e-commerce executive’s pay package received a considerable boost from stock awards tied to the Jet.com acquisition.

clock April 20, 2017Evan Clark

Financial

European Markets Make Modest Gains, Except for FTSE 100 in London

Retail and luxury stocks were mostly up in mid-morning trading on Thursday.

clock April 20, 2017Samantha Conti

Financial

Unilever’s Personal Care Sales Climb 7.2% in Q1

New launches and add-on products spurred growth in the period.

clock April 20, 2017Samantha Conti

Marc Heller, CIT Commercial Services

Financial

A Q&A With Marc Heller of CIT Commercial Services

Despite a shift in the credit markets and uncertainty over cross-border taxes, Heller is still optimistic about how successful vendors and retailers will weather the current storm.

clock April 20, 2017Vicki M. Young

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The exterior of the four-level boutique on New Bond Street.

Business

Russians, Americans Are Lapping Up London Luxury Goods

clock 14hSamantha Conti

Social Studies