Strong earnings from the battered U.S. retail sector, which helped lift Wall Street on Thursday, also boosted shares of the hard-hit real estate investment trusts that own the properties where the retailers are located
Following its forays in higher-end apparel under the creative direction of Jenna Lyons, the struggling retailer has decided to realign with its former pricing strategy by slashing the prices of many of its basics.
The Gymboree Corporation has announced it is bringing on former Tilly's CEO Daniel Griesemer as President and CEO to lead the mall-based children's retailer out of its financial troubles and improve its digital presence.
The New York-based designer has chosen to consolidate his resort and spring collections into one show this September during NYFW, called “Spring One.” Wu will also present his pre-fall and fall collections in one show.
The window of Topshop’s global flagship store on London’s Oxford Street has been transformed into an interactive pool scene, complete with a 360º VR water slide, “ready to take customers on a fully immersive ride.”
Topshop isn’t giving up on Australia with news that brand owner Arcadia Group is in early talks to take control of the failed Australian Topshop and Topman operation following its voluntary administration filing.
Australia's Retail Apparel Group (RAG) is being taken over by TFG (or The Foschini Group) for a maximum price of A$302.5m, the South African giant said Thursday. The company is outperforming the market at present.
PVH Corp reported $2 billion in revenue for the first quarter, buoyed by its two fashion flagship labels, but net income took a dramatic dive, due to various one-off expenses, including relocating Tommy Hilfiger's NY HQ.