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: New Hire at Loro Piana … K2 Deal Money … Too Move …
NEW HIRE AT LORO PIANA: Carolee Yuvienco has been named director of women’s sales for Loro Piana U.S.A. She succeeds Michele Mascarenhas, who left the firm in January. Most recently, Yuvienco was director of women’s sales at Hugo...
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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)