Kohl’s Corp posted third-quarter results that saw declines in net income and net sales, prompting Standard & Poor’s to downgrade the retailer’s corporate credit rating to “BBB” from “BBB+”.
The ratings agency said the downgrade was warranted because Kohl’s “reported operating performance that is weaker than our previous expectations.” S&P also said the negative comparable-store sales trends is “unlikely to improve meaningfully in the near term.” The outlook is stable, reflecting a belief that sales trends should begin to stabilize in 2015, S&P said.
The first retrospective of Dior in the U.S. has landed at the Denver Art Museum — and though the exhibition is a continuation of the 70th-anniversary display that bowed in Paris in 2017, “Christian Dior, Couturier du Rêve,” the DAM show offers an entirely new look at the legacy of the house, and its relationship to the world, writes @leighen .
📸: @jamesfloriophotography #wwdeye
Norwegian musician Anna of the North (a.k.a. Anna Lotterud ) has had a rapid rise in the U.S., thanks to her song “Lovers” which was included in this summer’s Netflix hit “To All The Boys I’ve Loved Before.” Next up, a show at Terminal 5. “I’ve never actually done promo or anything in the U.S. before so it’ll be interesting to see,” she tells @leighen . “Because of the Internet I’ve always had American listeners but never been here [playing music].” 📸: @jilliansollazzo #wwdeye