American Apparel workers reported to the company’s Los Angeles factory Monday to pick up their final checks.
Gobbetti will join the company on Jan. 27, as executive chairman, Asia-Pacific and Middle East until July 4, when he will become ceo.
The company shed about 2,400 people, with the majority of the cuts done in waves Monday.
Industry sources say the revamped and expanded site is slated to launch mid-year.
More than 3 million Chinese consumers are expected to visit North American in 2017.
The NRF Foundation shines a light on retail career opportunities and seek to attract talent to the industry.
After a generally strong holiday, Chicago stores optimistic Trump might be good for retail.
Alibaba, which has been criticized for the prevalence of fake products on its platforms, said the new group will “foster industry collaboration and promote the use of big data and technology in the global fight against counterfeits.”
The initiative provides credentials for those keen on a career in retail.
Online sales soared while apparel and accessories showed small gains.
Retail sales in the overall economy posted a moderate gain during the peak of the holiday shopping season.
Retailers who renegotiated their leases got at least a 20 percent rent reduction for stores in tourist areas, the report said.