A Shocker at Penney’s: Ken Hicks Steps Down, Named Foot Locker CEO

Swedish fashion giant Hennes & Mauritz continued to gain market share in the second quarter.

Giles Deacon has won France’s annual ANDAM Award, and will show his spring collection during Paris fashion week in September.

Dress Barn Inc. and Tween Brands Inc. to merge in a stock-for-stock transaction.

A bankruptcy court hearing will be held in Chicago this afternoon.

McCay Belk, president and ceo of Belk Inc. department store chain,will return to his role as vice chairman after ministry-related work.

Ken C. Hicks has resigned as president and chief merchandising officer of J.C. Penney to become president and chief executive officer of Foot Locker.

Parfums de Coeur has named Pete Columbia as vice president of sales.

Cosmoprof North America is gearing up to provide a trade show that looks to offer the beauty industry various resources to help grow their businesses.

Mass market retailers are heading to Boston in hopes of finding something revolutionary at the National Association of Chain Drug Store’s Marketplace Meeting.

This summer, Dove is aiming to elevate the bath and body category with a line of body washes that contain NutriumMoisture technology.

Korres is out to make natural skin care products appealing to women of all ages.

Patrick Dempsey is celebrating the power of two with his newest scent, aptly called Patrick Dempsey 2.

Textile group Devanlay SA, the manufacturer of Lacoste, has appointed José Luis Duran, former CEO of Carrefour, president of its management committee.

Pop icon Michael Jackson died today in a Los Angeles hospital.

Reebok doesn’t want to ignore women while they are pregnant, because research shows more than 40 percent of the viewers of NFL games are women.

June retail sales remain a concern as unemployment claims grow.

Ceo Emanuel Chirico says Calvin Klein stores won’t expand until meeting goals.

The day’s gainers and losers.

The hip-hop generation has invented a new role for pop stars entering the fragrance business.

Curtis “50 Cent” Jackson is out for dollars with his new scent, Power.

Tightening up is at the heart of Chanel’s latest skin care launch, Ultra Correction Lift, a set of products containing Elemi PFA.

Lancôme is getting ever more high-tech with its newest skin care offering, Absolue Precious Cells, which targets women in their 50s.

Groupe Clarins is freshening up its face for fall with the global launch of Multi-Active Day Early Correction, an update to its best-selling Multi-Active line.

Interview magazine’s future hit by staff upheaval, recession.

Only a few hairstyles are so famous they are named after a celebrity — and the Farrah flip might be the most famous of them all.

Over the years, Whitney Houston, Bob Dylan and Dave Chappelle have made news as notable no-shows and disappearing acts.

Rising French actor Raphaël Personnaz has been tapped to appear in Louis Vuitton’s next campaign, which will be shot next month.

Online e-tailer eLuxury will reincarnate as a social media site devoted to the world of luxury on Monday.