The Hearst Tower, center, is shown on Thursday, Jan. 3, 2008 in New York. The tower, designed by architect Norman Foster and constructed by Turner Construction, is the world headquarters of the Hearst Corporation. (AP Photo/Mark Lennihan)

Media

Hearst’s ICrossing Acquires Mediablaze

“This investment positions us to deliver industry-leading solutions for our clients,” Hearst Magazines president Debi Chirichella said.

clock 18hKathryn Hopkins

Nadia Dhouib

Retail

A Department Store Veteran Shares Her Keys for Post-pandemic Success

The shift to virtual communications during lockdown presents an opportunity for retailers to deepen their customer relationships, Nadia Dhouib says.

clock 22hJoelle Diderich

Shoppers return to the streets of Los Angeles.

Financial

Hermès Beats Estimates for First Half

The brand cited pent-up demand for its products, particularly in China and the Americas.

clock July 30, 2021Alex Wynne

Victoria's Secret store

Legal

Victoria’s Secret Settles Sexual Harassment Claims Days Before Spin-off

The lingerie brand establishes new procedures around diversity, equity and inclusion as it prepares to go it alone on the public market.

clock July 30, 2021Kellie Ell

Texworld

Business Features

Texworld Debuts Hybrid Show Format for Summer Edition

Texworld’s summer edition took a hybrid approach that welcomed thousands of attendees.

clock July 30, 2021Tracey Meyers

Moschino Resort 2022

Financial

Aeffe Swings to Profit, Reports 30.4 Percent Growth in First-half Revenues

The Italian fashion group, which just took full control of Moschino, registered a strong performance in the first six months of 2021.

clock July 30, 2021Luisa Zargani

The Supreme/Emilio Pucci capsule collection dropping on June 10.

Financial

Vans and Supreme Power VF Corp. Gains in Quarter

The fashion giant is growing despite global supply chain issues.

clock July 30, 2021Evan Clark

Capri Holdings Limited

Financial

Michael Kors, Versace Parent Company Logs $219 Million Profit as Luxury Sector Rebounds

The firm raised its full-year guidance as a result and continues to increase prices across the portfolio.

clock July 30, 2021Kellie Ell

Hermès Troy, Michigan

Financial

Hermès First-half Operating Income Jumps 50.5% Versus 2019

The company reported strong demand for its fashion and accessories and a sharp sales rebound driven by Greater China and the Americas.

clock July 30, 2021Alex Wynne

An Amazon delivery.

Technology

Amazon Misses Expectations, But Cloud Business Soars

Amazon’s $113 billion in revenue fell short of expectations, unnerving investors. But others remain bullish on its cloud and other efforts.

clock July 29, 2021Adriana Lee

Target Store

Retail

Target Giving Employees Another $75 Million

The funds mark the retailer’s sixth round of investments in its workforce since the pandemic began.

clock July 29, 2021Kellie Ell

Facebook cofounder and ceo Mark Zuckerberg streaming his keynote at the virtual Facebook Connect conference.

Technology

Facebook, on Luxottica Glasses, Commerce, the Metaverse, More

Facebook executives bathed its earnings call in talk about grand plans for the future of computing, commerce, social and much more.

clock July 29, 2021Adriana Lee

Caruso 

Business Features

Fosun Fashion Group Further Commits to Caruso’s Post-pandemic Growth

Fosun Fashion Group, China’s owner of Lanvin and Sergio Rossi, buys back Caruso’s financial debts and injects new capital to support growth.

clock July 29, 2021Martino Carrera

Prada RTW Fall 2021

Financial

Patrizio Bertelli’s Strategies Are Leading to Strong Growth at Prada

The strategies set in motion by Prada’s chief executive officer resulted in growth in profitability and revenues in the first six months of the year.

clock July 29, 2021Luisa Zargani

Spyder RTW Fall 2021

Legal

Global Brands Group North American Arm Files for Ch. 11

After cost cutting, store closure and restructuring efforts in recent years, the company’s North American division filed for bankruptcy.

clock July 29, 2021Sindhu Sundar and Jean E. Palmieri

Klarna has set aside 3 million pounds in funding for small and medium sized British businesses in the wake of the pandemic.

Technology

Klarna Earmarks 3 Million Pounds in Support for Small U.K. Businesses

The move comes as the country’s furlough program winds down, with some small and medium-sized businesses struggling to survive.

clock July 29, 2021Samantha Conti

PredictSpring

Technology

PredictSpring Taps Former Canada Goose Executive, Eyes Further Expansion

The company is opening a wholly owned subsidiary in Canada.

clock July 29, 2021Arthur Zaczkiewicz

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Atmos store sneakers on wall

Business

Foot Locker’s $1.1 Billion Acquisition Binge

clock 18hEvan Clark

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