Boardroom Battle at Penney’s Over CEO

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J.C. Penney chairman Thomas Engibous has taken odds with William Ackman, who issued a letter to the media complaining that Penney’s hasn’t acted fast enough to replace interim ceo Myron “Mike” Ullman 3rd.SEE LIST BELOW FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

Elyse Buxbaum and Scott Stringer


Stringer Theory: Lena Dunham Touts N.Y. Comptroller Candidate

Scott Stringer’s shot at the job seemed all but assured until former New York Gov. Eliot Spitzer steamrolled in and upended the race in early July.

clock August 7, 2013Erik Maza

Government and Trade

Fast Retailing Signs Bangladesh Accord

Company had previously held off on signing the agreement in favor of conducting its own factory checks in the country.

clock August 7, 2013

Exterior of an Aeropostale store.


Comp Store Sales: July Misses Targets

Lower traffic and a heightened promotional environment led most reporting retailers to fall short of analysts’ estimates for the month.

clock August 8, 2013Jean E. Palmieri

William L. McComb


Fifth & Pacific Posts Narrower Q2 Loss

The company continues to explore options for Lucky Brand and Juicy Couture, while Kate Spade remains the bright spot in its portfolio.

clock August 8, 2013Vicki M. Young

The exterior of a Printemps store in Paris.


French Court Rejects Bid to Block Printemps Sale

Unions opposed to the sale suffered a setback when the court refused a request to suspend the sale pending additional information on future plans.

clock August 8, 2013Joelle Diderich

Marketing and Promotion

Createthe Group Founder James Gardner Dismissed

According to sources, he was escorted out of the digital agency’s West Houston Street building Wednesday afternoon, where it occupies three floors.

clock August 8, 2013Rachel Strugatz

David Lauren

Human Resources

David Lauren Joins Ralph Lauren Board

The company’s annual meeting included a review of initiatives in the past year, from fragrance launches to new stores in Russia, China and Kuwait.

clock August 8, 2013Vicki M. Young and Marc Karimzadeh

Elizabeth Arden Red Door Aura


Elizabeth Arden Reports Q4 Loss

The company said earnings were hit by weak sales trends, slower than expected sales of its flagship brand and a hotly competitive U.K. business.

clock August 8, 2013Molly Prior


Critical Mass: NACDS Kicks Off Inaugural Total Store Expo

With logistics rolled into the show for the first time, decision-makers hope to hammer out strategies to reduce inventory without incurring out-of-stocks.

clock August 8, 2013Faye Brookman

DreamTone by Lancôme.

Skin Care

Lancôme to Launch DreamTone

The product is billed to be the first bespoke all-around pigment corrector.

clock August 8, 2013Jennifer Weil

Prada RTW Fall 2013

Business Features

Prada Sales Up 11.6% in Half

Retail sales in directly operated stores were up 15.6 percent, while wholesale sales fell 3.5 percent.

clock August 8, 2013Samantha Conti

Josh Gad and Ashton Kutcher


Jobs Creation: Ashton Kutcher Talks ‘Jobs’ at New York Screening

The actor stars as the late Apple Inc. founder in a new biopic.

clock August 8, 2013Ricardo Hernandez

Richard Dickson and Ariel Foxman


Nine West and InStyle Launch Shoe Collection

The collaboration marks a rare union between media outlet and major fashion brand.

clock August 9, 2013Alexandra Steigrad and Lisa Lockwood

Myron E. “Mike” Ullman 3rd


Boardroom Battle at J.C. Penney Over CEO

The retailer, already in a battle for survival, now has internecine warfare on its hands.

clock August 8, 2013David Moin and Vicki M. Young


Bright Spot for Back-to-School: Most Consumers Will Spend Same or More

The study by WSL Strategic Retail reports that 88 percent of consumers plan to spend at least the same or more as last year during the 2013 b-t-s season.

clock August 8, 2013Lisa Lockwood

Products from the Toni & Guy Hair Meet Wardrobe line for Target.


Toni & Guy Hair Meet Wardrobe to Launch in U.S.

Unilever is introducing the British hair-care brand to American shores via Target.

clock August 8, 2013Belisa Silva

Products from Jason Wu's new cosmetics line.

Human Resources

Jason Wu, Lancôme Collaboration Set for Fashion Week Launch

The designer’s cosmetics collection includes 15 stockkeeping units, including three eye-shadow palettes, dark navy mascara and multiple red lipsticks.

clock August 9, 2013Julie Naughton

Beyoncé Parfums


Beyoncé Wraps Tour With Scent Success

Her latest fragrance, Beyoncé Heat The Mrs. Carter Show World Tour, was launched earlier this year and has been sampled at all of her North American shows.

clock August 9, 2013Julie Naughton

A view of the Marc Jacobs beauty store on Bleecker Street in New York.


Marc Jacobs Opens First Beauty Store

Today, Marc Jacobs is making a major statement about beauty: He’s opening his first store dedicated solely to the category.

clock August 9, 2013Julie Naughton

Human Resources

Adrienne Lazarus Removed From Intermix Post

Khajak Keledjian, cofounder and former ceo, remains at Intermix but earlier he shifted to the role of chief creative officer.

clock August 9, 2013David Moin


Time Inc., The New York Times Plot for the Future

Time Warner ceo Jeff Bewkes announced this week that the spin-off of its publishing arm, Time Inc., would be delayed until early 2014,

clock August 9, 2013Erik Maza

An ad for Joyrich's Betty Boop-inspired collection.

Fashion Scoops

Joyrich Launching Betty Boop-Inspired Collection

The Los Angeles-based streetwear specialist has teamed with King Features Syndicate, owner and manager of the Betty Boop brand, on the 19-piece line.

clock August 9, 2013Rachel Brown

Fashion Scoops

Entertainment Weekly Fetes Mindy Kaling’s ‘New Hollywood’ Cover

Clad in Alexander McQueen, “The Mindy Project” star caught up with costar Ike Barinholtz and other cast mates over a family-style dinner.

clock August 9, 2013Lindzi Scharf


Today's Must Read

Claire Foy, Matt Smith. Claire Foy, winner of the award for outstanding lead actress in a drama series for "The Crown" left, and Matt Smith attend the Governors Ball for the 70th Primetime Emmy Awards, at the Microsoft Theater in Los Angeles70th Primetime Emmy Awards - Governors Ball, Los Angeles, USA - 17 Sep 2018


Rachel Brosnahan, Claire Foy & Everyone Else Was at the Governors…

clock 9hMarcy Medina

Social Studies