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: One Out, One In … The Narrowing Gap … Eddie’s Falling Comps …
ONE OUT, ONE IN: Robert S. Singer, who has served as chief financial officer of Gucci Group since 1995, was named president and chief operating officer of Abercrombie & Fitch succeeding Seth R. Johnson, a 12-year Abercrombie & Fitch veteran,...
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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)