The Nordstrom family now has to get investors to buy into their plans for the company as it remains public.
The brand is upbeat about the coming year, but declined to address harassment accusations against Paul Marciano.
The Kabbage Inc. survey revealed that smaller-sized retailer see sales growing more than 20 percent this year.
The parent company of Sandro, Maje and Claudie Pierlot expects profit margins to grow further in 2018.
The committee evaluating the Nordstrom family offer to buy Nordstrom Inc. terminated discussions.
Claire’s plans to file its pre-negotiated plan of reorganization in April.
Claire’s said it has the support of most of its debt holders, and plans to exit bankruptcy in September 2018.
Lucy Peng assumes the ceo position as the Chinese e-commerce firm doubles its play into the Southeast Asian market to $4 billion.
The new ceo laid out six strategic priorities for the brand, which he said was Millennial-focused before Millennials even existed.
The company said it saw increases in all business segments during the fourth quarter.