Latest in Business
U.K. Retail Seesaws During Christmas Eve and Boxing Day
Footfall on Boxing Day in Britain declined by 4.9 percent across all U.K. retail destinations, while footfall…
Quince Discusses Obsession With Quality, Accessibility and Cashmere 2.0
Todd Barket shares insights behind Quince's unique business model and provides access to everyday luxuries.
How Saks Global Aims to Shake Up Retailing
The new company combining Saks and Neiman Marcus Group will be mainly led by the Saks team, but with many…
De Minimis Reform Remains Elusive as 2024 Comes to a Close
Bipartisan support from Washington lawmakers — and even the White House — wasn't enough to push a plan for de…
What Will It Take to Diversify Sourcing in 2025?
Research from Sheng Lu shows that regions with mature supply chain verticalization are seeing accelerated…
Retail 2024 Holiday Sales Rose 3.8%, According to Mastercard Report
Despite inflation, American consumers showed a willingness to spend more than last year but were very…
Hanes Sets Sights on Active Category for Growth
Dawn Hedgepeth and Jane Newman discuss the brand's evolution in activewear and apparel and how Hanes Moves…
Vitale Barberis Canonico Fetes a Decade of Its Wool Excellence Award in Australia
Now in its 10th year, VBC's Wool Excellence Club and Award incentivizes superfine merino wool-growing from…
Holiday Gift Shopping Wrapped Up on a High Note
Retailers appeared on track to meet or even beat their holiday sales expectations based on robust foot…
What Going Private Means to Nordstrom Inc.
As expected, the $4 billion proposal by the Nordstrom family and Mexico's Liverpool to take the Seattle-based…
Alo Leans Into Luxury With Third Alo Atelier Collection
Executives from the brand discuss meeting the modern luxury and lifestyle needs of its community.
Saks Finalizes $2.7 Billion Deal to Buy the Neiman Marcus Group
The deal creates a luxury retail empire in the U.S. and also raises questions over possible consolidations…
EXCLUSIVE: Patrick Chalhoub to Step Down as CEO of Chalhoub Group
The third generation is taking the helm as Michael Chalhoub has been named chief executive officer of the…
Edward ‘Eddie’ Haddad, Founder of Haddad Brands, Dies at 83
Under Haddad's guidance, the company bearing his name established a clear niche in the childrenswear and…
Destination XL Receives Offer to Be Taken Private by Fund 1 Investments
The fund, which was part of the takeover of L'Occitane, valued the men's big and tall retailer at $3 a share…