Business

Retailers Add Back 258,300 Jobs With Big Gains at Specialty Stores

clock August 7, 2020Evan Clark

Fashion

#BLM in Italy: Stella Jean Feels Lack of Support

clock August 7, 2020Alessandra Turra

Beauty

Beauty’s Creative Professionals During the Coronavirus Pandemic

clock August 7, 2020Jennifer Weil and Sandra Salibian and James Manso

Financial

J. Crew

Financial

J. Crew Creditors Say Company Undervaluing Business

The bankrupt retailer’s unsecured creditors argue that its enterprise value is $2.9 billion rather than the $1.8 billion company estimate.

clock August 7, 2020Sindhu Sundar

Lord & Taylor

Financial

Retailers Add Back 258,300 Jobs With Big Gains at Specialty Stores

But the sector’s payrolls are still down dramatically over the pandemic.

clock August 7, 2020Evan Clark

Inside the revamped Cartier Old Bond Street boutique

Financial

Richemont Sets Shareholder Loyalty Scheme, Names Wendy Luhabe to Board

In May, Johann Rupert said he wanted to compensate shareholders after slashing last year’s dividend, and thank them for sticking with the company through COVID-19, and beyond.

clock August 7, 2020Samantha Conti

The Real Real store.

Financial

The RealReal’s Julie Wainwright Feeling ‘More Optimistic’

The resale site is building back up after the coronavirus slowdown, but is still losing money and has investors wanting more.

clock August 6, 2020Evan Clark

Saks Fifth Avenue at Brookfield Place.

Financial

Brookfield Optimistic, Moody’s Not So Much

While the landlord said things were looking up, the debt watchdog offered a decidedly more dour take.

clock August 6, 2020Evan Clark

Coach store

Financial

Who Will Be Tapestry’s Next CEO?

The search is on for a new ceo at Tapestry — parent company to Coach, Kate Spade and Stuart Weitzman — after Jide Zeitlin abruptly resigned from the post last month.

clock August 6, 2020Kellie Ell

Wrangler jeans

Financial

Denim Company Kontoor Brands Reports More Losses During the Pandemic

The Wrangler, Lee and Rock & Republic parent company lost $33 million in the most recent quarter thanks to the global shutdown.

clock August 6, 2020Kellie Ell

Shiseido flagship

Financial

Shiseido Posts First-Half Net and Operating Losses, Lower Sales

Amid poor performance due to the COVID-19 pandemic, the company announced a new three-year strategy.

clock August 6, 2020Kelly Wetherille

Adidas headquarters in Germany

Financial

Adidas Execs Confronted by Q2 Sales Slip, Multiple Controversies

At a press conference for second-quarter results, Adidas executives tackled many of the controversies dogging the company, including allegations of corporate racism, selling Reebok and speculation about a multibillion-euro bond.

clock August 6, 2020Cathrin Schaer

Backstage at Moschino RTW Fall 2020

Financial

Aeffe Takes Action to Contrast COVID-19 Effects in First Half

The pandemic hurt the Italian fashion group’s bottom and top line in the period.

clock August 5, 2020Luisa Zargani

The Michael Kors flagship in Paris.

Financial

Revenues Slide 66.5 Percent at Capri, Loss Totals $180 Million

That’s on top of the $551 million the retailer lost last quarter. 

clock August 5, 2020Kellie Ell

ralph lauren store

Financial

Ralph Lauren Reinventing in COVID-19 Crisis

Ceo Patrice Louvet has pulled the brand out of 200 wholesale doors, cut inventories, raised prices and is encouraging a little experimentation.

clock August 4, 2020Evan Clark

Ralph Lauren at the Ch‰teau de Versailles Dinner celebrating the designer.

Financial

Ralph Lauren Revenues Fall 65.9 Percent

Hit hard by the COVID-19 shutdown, the company said it is using the crisis to drive new areas of growth.

clock August 4, 2020Evan Clark

Men's Wearhouse

Financial

Tailored Brands Gets Court OK on $500M DIP Financing Package

The judge also allowed the company to continue to pay employees, honor gift cards and fulfill custom orders.

clock August 4, 2020Jean E. Palmieri

Jos. A. Bank New York Flagship

Financial

Bankruptcy Reckoning Hits Retail With Tailored Brands, Le Tote Failing

Tailored Brands and Le Tote with Lord & Taylor join the list of firms tripped up by dealmaking and now in Chapter 11.

clock August 4, 2020Evan Clark

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Louis Vuitton Men's Show Pulls 85 Million Views in China

clock August 7, 2020Joelle Diderich and Miles Socha

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