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
In Brief: Movado Boosts Its Board … Saks Donation
MOVADO BOOSTS ITS BOARD: Movado Group Inc. has appointed Richard Isserman to its board and its audit committee. Isserman will join eight other members on the board, and will become its sixth independent member. Isserman has worked for...
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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)