Grimes will succeed Jim Skinner, 61, who will continue on the management team in the newly created role of vice chairman of the Neiman Marcus Group.
Mellon will open a 1,000-square-foot pop-up shop at 16 Hill Street in Southampton.
Trends and Analysis
After four worrisome months of deflation, consumer prices in the euro zone were flat in April.
The debt situation in Greece continued to weigh on investors in morning trading on Tuesday.
Designer and Luxury
Shiseido said Tuesday it has inked a deal with Burberry to distribute the British brand’s fragrance and makeup products in Japan.
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.
The show contains over 70 garments ranging from the 1900s to the Sixties.
Nordstrom will begin selling Madewell products in 15 doors and online.
Direct, Internet and Catalogue
Both Alibaba and JD.com have announced new avenues for selling Japanese products on their platforms.
Marketing and Consumer Behavior
The accelerator has five companies in its portfolio and no room for any more.