As U.S. retailing consolidates, Starbucks sees adding 12,000 stores worldwide through 2021.
The Austin, Tex.-based jeweler could be valued at $1 billion or higher in the Jefferies-run process.
J. Crew Group is working to improve its business and moving to create a succession plan.
In another dramatic management shift at Nike Inc., Mindy Grossman has stepped down as global vice president of apparel to become chief executive officer of retailing at Barry Diller’s IAC/InterActive Corp.
Beiersdorf’s branded consumer division got off to a “real good start” in 2006, according to Peter Nota, the firm’s board member overseeing the company’s consumer division.
A brief look at some of the day’s stories.
Firms showing at the Los Angeles International Textile Show are emphasizing better quality and proprietary fabrics to battle China.