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Kmart chairman Edward Lampert speaks during a news conference to announce the merger of Kmart and Sears in New York . Kmart is acquiring Sears, one of the most venerable names in U.S. retailing, in a surprise $11 billion deal that will create the nation's third-largest retailerKMART SEARS MERGER, NEW YORK, USA

Financial

Sears Creditors Suing Lampert Over Alleged Squandering of Billions Pre-Bankruptcy

ESL vigorously disputes the accusations, according to a statement, going as far as calling them “baseless allegations and fanciful claims.”

clock 9hKellie Ell

Olly-vitamins-

Beauty Features

Wellness Central: Unilever’s Olly Acquisition Underscores Supplement Interest

Olly is best known for its gummy vitamins.

clock 9hAllison Collins

Kevin PlankUnder Armour 'I Will I Want' Women's Campaign, New York, America - 31 Jul 2014(CEO and founder of Under Armour, Inc)

Financial

The C-suite Shuffle Continues at Under Armour

Another exec announces his departure.

clock 9hKellie Ell

Ozwald BoatengBritish Fashion Awards, London, United Kingdom - 04 Dec 2017British designer Ozwald Boateng arrives at the British Fashion Awards 2017 at the Royal Albert Hall in London, Britain, 04 December 2017.

Fashion Scoops

Ozwald Boateng to Debut First Women’s Collection in New York

The London men’s designer will arrive in time for the 100th anniversary of the Harlem Renaissance.

clock 11hTianwei Zhang

Bernard Arnault

Financial

Bernard Arnault Touts Luxury With ‘Meaning’

Rihanna, Pucci, Karl Lagerfeld and biodynamic wines were some of the topics he broached with shareholders at LVMH’s annual general meeting.

clock 11hJoelle Diderich

Sergio Bucher, Thea Bregazzi and Justin Thornton'Studio by Preen' launch, London, UK - 04 Apr 2018

Human Resources

Sergio Bucher Steps Down as Debenhams CEO After Refinancing

A search for his successor has begun, and that person will likely be a turnaround expert.

clock 11hSamantha Conti

Signage on the front of the New York Stock Exchange for the initial public offering of the social media company Pinterest in New York, New York, USA, 18 April 2019.Pinterest IPO at New York Stock Exchange, USA - 18 Apr 2019

Financial

Pinterest IPO Soars, but Don’t Expect the Market to Follow

The image-sharing platform is now valued at $12.7 billion, but the offering could also point to a top in the market.

clock 11hEvan Clark

Salvatore Ferragamo's '42 Degrees' capsule collection of eco-friendly accessories.

Fashion Scoops

Salvatore Ferragamo Unveils Sustainable Accessories Capsule

The lineup crafted from eco-friendly materials was created by two designers of the luxury brand’s creative studio.

clock 12hMartino Carrera

Damiani

Jewelry

Damiani to Delist on April 26

The Italian jewelry was publicly listed in 2007.

clock 12hLuisa Zargani

Shoppers walk past sale signs in San Francisco. On Wednesday, Aug 15, the Commerce Department releases U.S. retail sales data for JulyRetail Sales, San Francisco, USA - 03 Jul 2018

Government and Trade

Retail Sales Bounced Back Last Month

Clothing store sales rose by 2 percent between February and March.

clock 12hKathryn Hopkins

Paige Powell

Parties

Paige Powell Plays Queen Bee for a Night With Gucci

Powell, who was harder to track down than an A-list celeb, toasted her new photographer book with Gucci at their Wooster street store.

clock 13hLeigh Nordstrom

official poster for the 72nd Cannes Film Festival

Fashion Scoops

Cannes Festival Pays Homage to Agnès Varda

The filmmaker, who died in March, is the first female director to be immortalized on a Cannes Film Festival poster.

clock 13hFleur Burlet

Backstage at Prada Men's Fall 2019

Fashion Scoops

Prada to Show Men’s Spring 2020 Collection in Shanghai

The event will be held on June 6 in a still undisclosed location.

clock 14hLuisa Zargani

According to a TrendSource report, over 60 percent of consumers see cannabis legalization as a "non-issue."

Business Features

Beyond the Short Term, Cannabis Industry Is Poised for Mainstream Success

Researchers at TrendSource see the industry expanding beyond the current market distribution model.

clock 14hArthur Zaczkiewicz

Winners of Nivea Accelerator NX's first competition

Beauty Features

Beiersdorf Accelerator Unveils First Korean Start-up Crop

Called Nivea Accelerator NX, the incubator will work with five beauty companies chosen out of more than 200 contenders.

clock 14hJennifer Weil

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Social Studies