Japan's Uniqlo and Sweden's Hennes and Mauritz (H&M) are set to be among the next global apparel labels that will have their own stores in India, which changed policy in the last few months to boost overseas investment in retail. Both are moving closer...
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SALT LAKE CITY โ Online discount retailer Overstock.com held its annual meeting and made changes to its board of directors. Stockholders re-elected Joseph J. Tabacco and elected Jonathan E. Johnson III to the company's board for terms of three years...
Los Angeles -- Bebe Stores, Inc. is naming Keith Keegan as senior VP of marketing, effective May 13. Keegan will be in charge of all aspects of marketing and branding across all Bebe brands and report to CEO Steve Birkhold. Previously, Keegan has...
L Brands, which operates Victoria's Secret, said sales at stores open at least a year, were up 2 percent last month, but missed analysts' estimates at all of its major brands, including Bath & Body Works. The stock was down 1.3 percent. Costco...
As Wal-Mart prepares to anoint the fifth chief executive in its history, the world's largest retailer is grappling with challenges founder Sam Walton never faced. Wal-Mart's board has identified international chief Doug McMillon, 46, and Bill Simon, 53, who runs the U.S. operations, as leading candidates to succeed Chief Executive Officer Mike Duke, according to a person familiar with the situation. While Duke, 63, isn't expected to step down immediately, Wal-Mart may
A listing for a bloody mannequin has disappeared from Amazon after feminists complained it was promoting violence against women. The activist group UltraViolet collected 63,000 signatures on a petition to get rid of the shooting target designed by Zombie Industries that bled when shot and was chillingly called "The Ex." The first 10,000 signatures appeared within the first 30 minutes of the campaign, the organizers said. "It's obvious why that struck a nerve with people," UltraViolet co-founder Nita Chaudhary told SocialTimes.
Luxury e-commerce destination Net-a-Porter launched out of the London flat of founder Natalie Massenet in 2000, a time when few thought $1,000+ dresses and shoes could be sold online in any significant volume. It was the tail-end of the dot-com bubble, and Net-a-Porter survived its burst, turning a profit for the first time in 2004, and selling to Swiss luxury goods holding company Richemont at a value of $533 million in 2010.
SHARE: Email Print LinkedIn Facebook Twitter Patagonia launched an internal fund to invest in environmentally responsible startups focused on clothing, food, water, energy and waste. The in-house venture fund, called $20 Million & Change, will help...
Foot Locker has started the ball rolling toward acquiring Runners Point Warenhandelsges, a specialty athletic store and online retailer based in Recklinghausen, Germany, for a total cash consideration of approximately $94 million. RPG is