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
Texas Pacific M.O.: To Diversify Brands
NEW YORK — With the acquisition of the Neiman Marcus Group by Texas Pacific Group and Warburg Pincus, the spotlight again shifts to the financial players, their motives and plans for their retail and fashion acquisitions.
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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)