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
Swatches: Breathing Room For Feuerstein … Export Advice … NCCJ Honorees Named …
BREATHING ROOM FOR FEUERSTEIN: Malden Mills Industries Inc. chairman Aaron Feuerstein got some wiggle room on Thursday. The bankruptcy court extended to Aug. 21 the deadline for him to assemble $92 million to regain control of the Lawrence,...
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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)