Sears’ unsecured creditors have filed an objection to the deal proposed by chairman Eddie Lampert to save the bankrupt retailer, claiming its failure was “precipitated by years of years of misconduct” by the executive.
Millard Drexler, J. Crew Group Inc.'s chairman and former chief executive officer, has retired, leaving the company as it continues to search for a new CEO and recover from struggling sales.
Saks Fifth Avenue has been selected for an exclusive early launch of Kim Jones’ premiere collection for Dior Men, making pieces available now, two weeks before other retailers.
Amazon has shown itself to be a boon for its small and medium-sized business partners, with over 50,000 exceeding $500,000 in sales in Amazon stores worldwide for 2018, and nearly 200,000 surpassing $100,000.
Chinese fashion group Trendy Group has acquired a majority stake in Dutch denim label Denham. CEO Ludo Onnink will exit the company and will be succeeded by Trendy president Andre Chen.
Tiffany & Co tempered its yearly profit forecast on Friday after its holiday sales fell unexpectedly as Chinese tourists spent less globally and the U.S. luxury jeweler faced softer demand in Europe and at home.
Children’s clothing retailer Gymboree Group Inc filed for Chapter 11 bankruptcy protection, the second time in almost two years, and said on Wednesday it will close more than 800 Gymboree and Crazy 8 stores.
The classic Chuck Taylor style has been transformed into a running shoe with a ticker and cushioned sole. The shoe designed by JW Anderson launches in February.
Asia's richest man Mukesh Ambani announced details of a new online shopping platform Friday that will see his oil-to-telecoms conglomerate take on Amazon and Walmart in India's burgeoning e-commerce market.
Amazon is among eight tech firms named in a complaint filed in Austria by non-profit organisation Noyb, which cited their failure to comply with the European Union's General Data Protection Regulation (GDPR).
