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Retail
COVID-19 Takes a Steep Toll on Nordstrom in First Quarter
Nordstrom took dramatic steps this year to maintain liquidity during the health and economic crises.
Retail
J.C. Penney Barrels Toward Reopening, Plans For Swift Chapter 11 Exit
The retailer told a bankruptcy court that it plans to fully reopen by early August, and is negotiating rent relief from landlords.
Financial
Sabon Files for Bankruptcy Citing Coronavirus Pandemic
The New York soap and body care company said its business has been “devastated” by the economic shutdown caused by the pandemic.
Financial
John Barrett Salon Files for Bankruptcy
The New York salon from the longtime hairstylist only opened last year.
Retail
Retail Unveil Delays at American Dream
Covid-19 and construction delays are impacting the phased opening of the mega entertainment and retail complex.
Retail
Galeries Lafayette Reopens Boulevard Haussmann Flagship
Philippe Houzé, chairman of the board at Galeries Lafayette Group, said it would close loss-making stores in the wake of COVID-19.
Retail
Neiman Marcus Group Encounters Hurdles in Bankruptcy
Neiman’s has yet to reopen its doors for shopping inside the stores in states where it’s allowed.
Legal
Neiman’s Bankruptcy Puts Spotlight On Mytheresa Transfer
The asset transfer of the online shopping retailer, what some creditors have called Neiman’s “crown jewel,” looms over the proceedings.
Financial
Carrefour CEO Says Omnichannel Approach Helped With Front-Line Efforts
“Our group has become an essential actor for food — a public service,” said ceo Alexandre Bompard.
Technology
L.A. County Approved to Reopen Hair Salons, Barbershops
Nail salons are still excluded, but L.A. is moving fast toward reopening of hair salons, barbershops, even restaurants amid the coronavirus.
Media
Hearst Union Election Will Take Place in July
This comes after Hearst gave the green light to staffers to vote from home during the pandemic.
Retail
Target Closes 47 Stores in Response to Looting and Riots in Minneapolis
Target was among the area businesses in the Twin Cities that looters broke into.
Media
The New York Times Magazine Wins Big at the Virtual Ellies
Most winners did not get their moment in the spotlight as there were no acceptance speeches, with the exception of Esquire’s David Granger, who was inducted into the hall of fame.
Media
September Issues Will Be Exactly What They Say on the Cover This Year
Magazine publishers are pushing back the newsstand release date of the most important issue of the year to September instead of August due to the coronavirus.
Retail
Galeries Lafayette Cleared to Open Haussmann Store on May 30
The department store will offer discounts of up to 50 percent.
Technology
Datalogic Makes Investment in AWM Smart Shelf
The deal positions Datalogic for growth into new technology areas.
Retail
Stimulus Checks Fuel U.S. Retail Sales but Global Picture Remains Dim
Consumers new to online shopping are helping to drive sales.
Technology
Donald Trump’s War on Twitter Is Now Official
Twitter’s fact-checking of the president of the United States has led to a new executive order targeting social media companies.
Media
Antoine Arnault ‘Not Very Optimistic’ About Fall Fashion Shows
The LVMH executive also predicted the demise of cruise super-productions in exotic locales.
Business Features
Congresswoman Calls for Bill to Ensure Domestic PPE Manufacturing
Maloney’s initiatives are also designed to help support domestic manufacturing.
Retail
McArthurGlen Reopens Europe, Gives Brands a Break on Rent
The designer outlet operator said more than 90 percent of stores are trading once again.
Government and Trade
France Continues to Lift Lockdown
Parks, museums, restaurants and bars will begin opening next week.
Retail
A&F ‘Slightly’ Beats Expectations, Net Drops
By the end of June, the youth specialty retailer expects to have about 90 percent of its stores reopened.
![André Leon Talley’s new memoir has achieved bestseller status.
The author’s new memoir has landed on the @nytimes nonfiction hardcover bestseller list in about a week’s time.
"The Chiffon Trenches” created a firestorm of publicity in recent weeks, primarily due to Talley’s critique of his former boss, Vogue’s Anna Wintour. The book centers on his storied career, but it also addresses other aspects of his life like sexual abuse, weight struggles and ageism.
Talley’s recent interviews with Gayle King on “CBS This Morning” and Tamron Hall on her eponymous talk show surely helped to sell a few books. But Talley said he was still surprised to make the bestseller list in seven days.
“Thrilled but kind of stunned by the whole thing,” Talley said, adding the accolade has been “somewhat distilled by this whole horror that has happened in Minneapolis [referring to the death of George Floyd and recent riots]. Not just that horror but the horror of Eric Garner, I can’t breathe, Black Lives Matter…I am very concerned with this situation where they are burning down buildings and taking to the streets with COVID-19. A looter was shot dead last night.”
Here is a photo of Talley at the CFDA Awards Dinner in 1991 from the WWD Archives.
Tap the link in bio for more.
Report: Rosemary Feitelberg
📸: Jim Lorelli
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#wwdfashion
#andreleontalley
#thechiffontrenches
#nytimes
#bestseller](https://scontent-iad3-1.cdninstagram.com/v/t51.2885-15/sh0.08/e35/p640x640/101094276_167142518162658_591996398227139242_n.jpg?_nc_ht=scontent-iad3-1.cdninstagram.com&_nc_cat=106&_nc_ohc=K2-7-Uboi0gAX-ZIaPC&oh=add9ffd99a944b294afbc9860925d421&oe=5EFC3A1F)
