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
W2W: What to Watch – Minding The Gap
Executive-to-watch Paul Pressler had a tough job at Walt Disney Co., but he faces an even tougher one at Gap Inc. He stepped in to replace Millard "Mickey" Drexler as chief executive officer of the San Francisco-based retailer on Sept. 26, just as the...
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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)