Financial

inside a j.c. penney store

Financial

J.C. Penney Inks Asset Deal With Landlords, Lenders

The retailer said it is charting a course to exit bankruptcy before the holiday season.

clock 4hEvan Clark

Bernard Arnault Alexandre Arnault Alessandro Bogliolo talking at Tiffany store.

Financial

Tiffany and LVMH Approach New Deal

The two firms hashed out a price of $131.50, sources said, but the jeweler’s board still needs to sign off on it to move on.

clock 6hEvan Clark and Miles Socha

The latest colorful addition to Puma's RS line of sneakers.

Financial

Puma Q3 Results Underscore Activewear’s Resilience

Barring further drastic lockdown measures, the company expects a positive operating profit for 2020. 

clock 21hCathrin Schaer

Loose Tiffany diamonds.

Financial

Price Cut Could Settle Tiffany vs. LVMH

The jeweler’s stock rebounded on reports that it would consider less than the $135-a-share price set last year.

clock October 27, 2020Evan Clark

Joanne Crevoiserat Tapestry

Financial

Joanne Crevoiserat Marks New Era for Tapestry As Permanent CEO

Crevoiserat, who has been serving as interim ceo since July, is the first woman to lead the fashion company that houses the Coach, Kate Spade and Stuart Weitzman brands.

clock October 27, 2020Kellie Ell

tiffany store at night

Financial

Tiffany Stock Gains On Fresh Hopes For LVMH Deal

The jeweler’s stock has rebounded on reports that it would consider something more than $130 a share.

clock October 27, 2020Evan Clark

Sheertex hosiery tights

Financial

EXCLUSIVE: Sheertex ‘Unbreakable’ Pantyhose Raises $44 Million Despite Surge in Work-from-home Attire

Investors include H&M Co:Lab, the venture capital arm of the H&M Group.

clock October 27, 2020Kellie Ell

tiffany box and setting ring

Financial

LVMH-Tiffany Deal Gets European Approval

But the dispute over the $16.2 billion deal is still set to be decided in a Delaware courtroom.

clock October 26, 2020Evan Clark

The Maje flagship at Rockefeller Center.

Financial

SMCP Sales Down 9.5%, Group Sets Financial, Ecological Goals

The group plans to focus on organic growth and is doubling marketing investments next year.

clock October 26, 2020Mimosa Spencer

Old Navy

Financial

Gap Shares Soar After Company Unveils Three-year Growth Strategy

The plan includes closing Gap and Banana Republic stores, doubling the Athleta business and growing Old Navy from a $8 billion to $10 billion brand.

clock October 22, 2020Kellie Ell

Moncler Genius x Richard Quinn RTW Fall 2020

Financial

Moncler Banking on Mainland China, Internalizing Online Business

The fashion company is seeing improvements in the third quarter, after a 23 percent drop in sales in the nine months.

clock October 22, 2020Luisa Zargani

white sneakers people walking

Financial

Adidas Considering Reebok Sale: Sources

The long-rumored sale seems to have been made more likely by the coronavirus pandemic.

clock October 22, 2020Evan Clark

Moncler Genius X JW Anderson RTW Fall 2020

Financial

Moncler 9-Month Sales Down 23%

The COVID-19 pandemic affected the performance of the company, but to a lesser extent in the third quarter.

clock October 22, 2020Luisa Zargani

Details at Bottega Veneta RTW Spring 2020

Financial

Gucci Casts Shadow on Positive Q3 for Kering

Kering’s star brand lagged behind sector peers, with sales remaining in negative territory.

clock October 22, 2020Joelle Diderich

Rendering of the D. Place mall in Guiyang

Financial

Galeries Lafayette Expands in China With Plans for Third Store

The store will be in Guiyang’s D. Place shopping mall, owned by HLC Commercial Real Estates Group.

clock October 22, 2020Mimosa Spencer

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“The Future Streets” installation in the Meatpacking District.

Business

New York City Stores to Get More Outdoor Space to Welcome Shoppers

clock 8hRosemary Feitelberg

Social Studies

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