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Management
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Fashion darling Tory Burch may be losing some sparkle. The New York apparel and accessories maker, squeezed by a weak retail environment, laid off 100 employees at its headquarters and some of its 160 stores on Tuesday as part of a reorganization, The Post has learned. The layoffs reduced salary overhead by 3 percent andโฆ
Wal-Mart U.S. Chief Marketing Officer Stephen Quinn plans to step down in January after more than a decade at the company. In turn, Wal-Mart will hire former Target Chief Marketing Officer Michael Francis as a consultant and possibly to work with an ultimate successor. Wal-Mart Spokeswoman Deisha Barnett said Mr. Quinn will retire as of Jan.โฆ
Even after the Internal Revenue Service refused in September to grant its blessing to Yahooโs proposed tax-free spinoff of its $32 billion stake in the Chinese e-commerce giant Alibaba, Marissa Mayer was determined to go forward with the deal. In late October, Ms. Mayer, Yahooโs chief executive, told shareholders that the plan was on track,โฆ
Scaling an e-commerce business can be rough. Just ask Indochinoโs Kyle Vucko. On Tuesday, the Vancouver-based company, which sells customized suits online, announced that it had replaced Vucko, its 29-year-old co-founder and CEO, with Canadian entrepreneur Drew Green in an effort to further its push into offline retail. The move comes after a year ofโฆ
Chuck Williams, the founder of Williams-Sonoma, has died at age 100, the company said Saturday. Williams, whose business is famous for its cookware, died of natural causes at his home in San Francisco. His passion for cooking and entertaining friends led him into the entrepreneurial world in what would eventually become a global powerhouse celebratedโฆ
The chief executives of seven top clothing companies, including Hennes & Mauritz (H&M), Gap, and Adidas, are calling on governments to agree to a strong climate change deal, saying they fear global warming will drive up their costs. Almost 200 nations are meeting in Paris until Dec. 11, trying to work out a deal toโฆ
Nearly two years after American Eagle Outfitters parted ways with its last chief executive, the teen clothing retailer has named Jay L. Schottenstein, its interim CEO since January 2014, to the CEO role permanently. The move acknowledges that the companyโs fortunes have improved in the last several quarters, including the most recent one. In third-quarterโฆ
RadioShack's desperation to regain relevancy collided with pop culture Wednesday when it named entertainment mogul Nick Cannon as its chief creative officer. For the electronics chain, which has been trying to remake itself under new ownership after filing for bankruptcy protection early this year, the appointment means an opportunity to distance the brand from itsโฆ
Birchbox, the online beauty subscription service, is preparing to make a further incursion into brick-and-mortar retail with some key hires from big-name retailers to support its strategic retail expansion plans for 2016, the company announced yesterday. Most notably, it's brought in Philippe Pinatel as its new chief operations officer and president. Pinatel joins the companyโฆ
In episode 14 of Total Retail Talks, we feature a conversation with Jennifer Farrelly, director of human resources at Lorna Jane, a women's activewear brand. With the holiday shopping season quickly approaching, retailersโ stores and websites will begin to see an uptick in traffic. To help accommodate this increase in demand, many companies hire extraโฆ