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Mall retail staple Hot Topic has entered into an agreement to buy Geeknet, Inc., the parent company of online retailer ThinkGeek. Hot Topic will pay $122 million to buy all outstanding shares of Geeknet. Hot Topic CEO Lisa Harper said the company is pleased to have entered into this agreement, and it looks forward to…

A couple of doodles hanging on the wall have just gotten Lilly Pulitzer into some hot water on social media. In a recent article for The Cut exploring the Lilly Pulitzer headquarters in King of Prussia, Pa., a bright photo gallery reflected the designer's concepts, with vibrant colors and patterns covering many surfaces. But one…

A $19 million deal between Target and MasterCard to settle lawsuits stemming from the retailer's massive pre-Christmas 2013 data breach has been scrapped because it failed to get enough support from the affected banks and credit unions. While the rejection sends the companies back to the drawing board, advocates for the financial institutions said they…

Department stores have dominated the cosmetics world for a long time. Macy’s purchase of the growing Bluemercury chain is an acknowledgment that things are changing at the lipstick counter. In February, Macy’s paid $210 million for Bluemercury, a chain of upscale beauty shops and spas based in Washington, D.C. Bluemercury’s new Dallas store is the first of about…

Plenty of consumers were talking about PacSun on Memorial Day, but not because of the clothing store's big sales. Angry consumers are commenting on the retailer's Facebook page and calling in complaints to the company because of one T-shirt for sale that features a "disrespectful" upside-down American flag.

Ever since former H&M executive Stefan Larsson took over at Old Navy, the brand has been experimenting with shortening its supply chain and working on a quicker production schedule in order to churn out trendier clothes that are more appealing to its customers. Now, Gap has plans to adopt the same strategy.  

With the runway being held in bigger venues, live tweeted and relentlessly shared online, fashion has created a new inner sanctum — the backstage — and Dior is using virtual reality to give more people a pass for that too. Fashion, especially luxury heritage brands, live for exclusivity. With a population of celebrities, models and celebrity…

Chico's CEO David Dyer, who laid "the foundation for global expansion," will retire next spring, the company announced. Dyer will remain in his current role until a successor is appointed, and will remain on the board in the newly created role of vice chairman until June 2016. The women’s specialty apparel retailer has retained executive…

Amazon is launching a new marketplace for handcrafted goods called Handmade at Amazon. Etsy sellers discussed an email invitation they received from Amazon with great interest, and those who didn't get an invitation were eager to learn more from those who did. The email invitation said, "Introducing Handmade, a new shopping experience at Amazon. We're…

Ailing hipster retailer Urban Outfitters has announced that the CEO of the brand, Ted Marlow, will retire this summer. Marlow led Urban Outfitters as its CEO twice in the past 15 years; the first time was from 2001 to 2010, and then again from 2012 to 2015. In a conference call announcing the retirement, the Urban Outfitters,…