Prabal Gurung has moved into the CFDA Retail Lab at Cadillac House and will remain through the holiday season. The CFDA announced the 2018 class, which includes Dannijo, Rosetta Getty, Rachel Zoe and Title of Work.
Private equity firm Tengram Capital has announced it will acquire luxury skincare brand ReVive from Shiseido Americas Corporation and will bring on two key execs from its former Laura Geller New York team.
Regent Street’s status as a key flagship location has been further underlined by news that L’Occitane, the French beauty, skincare and fragrance retailer, will open its first British flagship there by year-end.
Department store chain Macy’s Inc reported a bigger-than-expected drop in third-quarter comparable store sales on Thursday, but managed to grow margins and topped earnings estimates by keeping a tight hold on inventory.
Department store operator Kohl’s Corp reported a lower-than-expected quarterly profit, hit by higher costs and store closures due to hurricanes, sending its shares down 7 percent and dragging the sector down.
Shiseido Americas Corporation announced it has acquired Giaran, Inc., a data company known for its artificial intelligence platforms. Shiseido Americas will use the technology to personalize its consumer experience.