Industry-wide retail sales in August and September will fall in the wake of hurricanes Harvey and Irma, with apparel retailers such as Gap Inc expected to take a longer-term hit than restaurant operators.
The well known L.A. based eyewear brand has done many brand collaborations: with Byredo, Rodarte, Isabel Marant, The Row, Berluti, Public School – but now it’s done a colorful capsule with a classic New York restaurant.
Beverly Hills foot traffic is down in designer boutiques and department stores– as a result, the city is encouraging stores to stay open later, with an initiative entitled Beverly Hills Open Later Days.
Kith Treats opens in Tokyo, marking the first global location to open for the New York City-based brand's cereal bar and cafe concept. Kith operates three additional Treats locations in Manhattan, Brooklyn and Miami.
JD.com Inc, China's second-largest e-commerce firm, posted a wider net loss in the second quarter as marketing costs offset higher-than-forecast revenue growth, sending its shares sharply lower on Monday.
J.C. Penney Co Inc's stock hit a life-low as major store closures and a challenging retail scene drove the embattled department store chain to a bigger-than-expected quarterly loss and took a toll on comparable sales.