Vicki M. Young

Affluent Chinese Millennials come to the U.S. to shop.

Business Features

Chinese Millennials Planning U.S. Shopping Trips

Luxury shopping is the draw for affluent Chinese Millennials to the U.S.

clock July 14, 2017Vicki M. Young

Abbot Kinney Opening, Vince Venice Beach, Los Angeles, America - 11 Nov 2015Abbot Kinney Opening, Vince Venice Beach, Los Angeles, America - 11 Nov 2015

Financial

Vince Gets a Helping Hand From Rebecca Taylor

Both companies have a connection to Sun Capital Partners, a private equity firm.

clock July 14, 2017Vicki M. Young

Atmosphere

Jewelry

Tiffany & Co. Appoints Alessandro Bogliolo Chief Executive Officer

Bogliolo has served as the ceo of Diesel since 2013.

clock July 13, 2017Misty White Sidell

Inside a True Religion store.

Financial

True Religion, Gymboree Eyeing Store Closures

Both firms were LBOs and are under bankruptcy court protection due to over-leveraged balance sheets.

clock July 12, 2017Vicki M. Young

Michael Kors fall 2017 ad

Financial

Kors Shares Drop 7.4% on Analyst’s Skepticism

An MKM Partners analyst initiated coverage of Kors with a “Sell” rating on the stock.

clock July 11, 2017Vicki M. Young

Kate Spade New York Resort 2018

Mergers and Acquisitions

Coach Completes Acquisition of Kate Spade

With the transaction completed, Kate Spade shares will be delisted from the New York Stock Exchange.

clock July 11, 2017Vicki M. Young

The Abercrombie & Fitch store prototype in Columbus, Ohio.

Mergers and Acquisitions

Abercrombie Calls Off Sale Process, Doubts About Turnaround Remain

Abercrombie seen as having a tough road ahead as it tries to regain its mojo.

clock July 11, 2017Vicki M. Young

The new Shopkids.com platform.

Retail

Shopkids: Boutique Platform Offers Moms Global Options

The site’s 400 boutiques allows moms to shop globally from anywhere in the world.

clock July 10, 2017Vicki M. Young

The Abercrombie & Fitch store prototype in Columbus, Ohio.

Mergers and Acquisitions

Abercrombie Shares Drop After Sale Talks End

The company said its board decided the best path for the company was continued execution of its business plan.

clock July 10, 2017Vicki M. Young

Sears Holdings just announced its fourth round of store closures.

Retail

Lampert Blogs on Sears, but Doubts Persist Over Future

Sears is closing eight more Sears and 35 more Kmart stores, its fourth round of closure this year and a total so far of nearly 310.

clock July 10, 2017Vicki M. Young

Inside the Santa Monica HQ of 2XU.

Human Resources

Athletic Compression Brand 2XU Opens N.A. HQ in Santa Monica

In addition to the new HQ, it also operates three stores in California.

clock July 10, 2017Vicki M. Young

Sears is closing 35 more Kmart stores.

Retail

Sears Adds 8 Stores and 35 Kmart Sites to Closure List

Since 2012, Sears has closed about half of its Sears domestic and Kmart stores, and store closures are expected to continue for the two nameplates.

clock July 7, 2017Vicki M. Young

A True Religion store front.

Financial

True Religion Bankruptcy: A Harbinger for Fashion Brands?

True Religion is one of many fashion brands that were acquired by private equity firms.

clock July 6, 2017Vicki M. Young

The new Bum Equipment line, available at Urban Outfitters.

Retail

Bum Equipment Collaborates With Urban Outfitters

The plan is to roll out the brand to other doors later this fall.

clock July 5, 2017Vicki M. Young

Alipay's digital payment platform is expanding to include Chinese restaurants and supermarkets.

Retail

Alipay Signs Agreement With Han Feng Group

The platform will begin accepting payments initially in New York and North Carolina.

clock July 5, 2017Vicki M. Young

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Essentialist

Today's Must Read

Floraïku, the new fragrance brand from Memo Paris founders Clara and John Molloy, launched at Harrods this week.

Beauty

Memo Paris Founders Launch Floraïku Brand

clock 15hRachel Strugatz

Social Studies