British brands of all sizes are suffering from shrinking sales, desolate shop floors and a lack of international tourists. Restructuring is proving painful, but they’re pressing ahead.
Nordstrom Inc.’s president of stores discusses the state of the business, challenges and what’s on the minds of associates and consumers.
Tara Donaldson has been named executive editor at WWD, while Peter Sadera joins Sourcing Journal as editor in chief.
Europe’s side-eye over Google’s $2 billion Fitbit acquisition may not change anything. But what happens next might.
The pandemic hurt the Italian fashion group’s bottom and top line in the period.
New data from Qubit reveals a lasting shift to e-commerce and diminished brand loyalty.
Designers including Elie Saab and Rabih Kayrouz reported no victims from the explosion, which destroyed their headquarters.
The quarterly changes in advertising and subscriptions also meant that for the first time digital brought in more revenues than print.
That’s on top of the $551 million the retailer lost last quarter.
LVMH Moët Hennessy Louis Vuitton, Ralph Lauren and L’Oréal are among the public companies that have talked marketing plans in recent weeks.
G-Star Raw, Diesel and more are injecting circularity into their lines for fall, while industry groups are grooming digital experiences.
France has the highest female representation at 46.4 percent for companies on the CAC 40.
The Euromonitor report, released this week, examines the trends impacting consumer spending over the next 20 years.
Using historical and real-time sales data can help negotiate a better lease.
New data suggests consumers might be shopping back in brick-and-mortar stores.
The judge also allowed the company to continue to pay employees, honor gift cards and fulfill custom orders.
Tailored Brands and Le Tote with Lord & Taylor join the list of firms tripped up by dealmaking and now in Chapter 11.