Ralph Lauren quietly shuttered its two-year-old 20,000-square-foot store last week. Other brands are expected to close boutiques in a city that has lost its luster for cash-rich mainland Chinese tourists.
The decision could be a landmark ruling for Western brands in China.
December 8, 2016
• Nyima Pratten
Cross Unit Taps Gatsik As Head
Manetti-Farrow, New York, a subsidiary of A.T. Cross Co. and the U.S. distributor for Fendi leather goods, has named Stephen Gatsik president and chief operating officer. Gatsik had been executive vice president since he joined the firm in...
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@rebeccaminkoff is bringing self-checkout to high fashion: The brand has partnered with @queuehop to bring its customers self-checkout options, beginning this holiday season at its SoHo store. (📷: @aurorarosephoto)