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.
Company registers 36.7 percent increase in e-commerce sales, pushing comps higher.
Designer and Luxury
In an analysis of luxury market by Millward Brown and WPP, the total value of high-end brands lost $7 billion as spending declined in key markets.
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.
Actor Simon Callow plays Pauline, a transsexual who goes every Tuesday to help her widowed father with cleaning and shopping in the play, "Tuesdays at Tesco's."
Nordstrom will begin selling Madewell products in 15 doors and online.
Direct, Internet and Catalogue
The pop-up, open June 5 to 7, will sell Glossier skin-care products.
Marketing and Consumer Behavior
When it comes to how and where consumer dollars are spent, not all income levels are created equal.