According to sources, Hudson's Bay Co. has put in a bid for Kaufhof that tops a recent offer made by René Benko and his Austrian real estate company Signa Holding.
Rocha plans to open in September during London Fashion Week.
Trends and Analysis
Rules on FDI in multibrand retail remain inconsistent.
A better product assortment and more disciplined markdown activity helped Express Inc. deliver robust first-quarter sales and earnings.
Designer and Luxury
Craig Green’s conceptual cottons and deconstructed outerwear fastened with multiple ties that can be transformed into different looks are a hot seller at Dover Street Market in New York.
A shareholder has emerged to nominate two directors for election at the company's annual meeting.
Mass and Off-Price
Its parent company Southern Island Stores LLC has been fined $80,300 by the U.S. Department of Labor's Occupational Safety and Health Administration.
Marie-François Banier was given a three-year jail sentence, of which six months will be suspended, and a fine of 350,000 euros, or $381,900.
Nordstrom will begin selling Madewell products in 15 doors and online.
Direct, Internet and Catalogue
The retailer said on Thursday it will offer limited free same-day delivery under its Prime shipping service.
Marketing and Consumer Behavior
When it comes to how and where consumer dollars are spent, not all income levels are created equal.