HBC sees Burstell engaged in bringing innovative concepts to all of its divisions.
A product and marketing executive at Yves Saint Laurent, he will take over Isabelle Guichot's role.
Limited and Gap paid their top executives handsomely in 2012.
Shares of Penney’s fell 12.2 percent to $13.93 Tuesday, leaving the department store with a market capitalization of $3.06 billion.
The annual party drew an arts- and fashion-heavy crowd on Monday.
Rick Helfenbein, president of Luen Thai USA and vice chairman of the AAFA, weighs in on U.S. trade issues.
The world renowned collection of cubist art consists of 78 works by Pablo Picasso, Georges Braque, Juan Gris and Fernand Léger.
The public will vote on 25 semifinalists from May 24 to June 7 to select five finalists, from which the winner will be chosen.
Denim designer claims that Kris Park, owner of New Crew, reneged on repeated promises to grant her a 32 percent stake in Siwy Denim following the acquisition.
Although cohost Oscar de la Renta couldn’t make it, Eliza Reed Bolen and Boaz Mazur went in the designer’s place.
Seven years after the designers’ last official press trip, they’re back with a series of personal appearances to promote their collection and their fragrances.
The collection will make its debut at the end of June and will be unveiled for the first time at a multimedia event in Hong Kong.