When Demet Mutlu dropped out of Harvard six years ago to found an online fashion retailer in her native Turkey, friends thought she was crazy to leave the world's top business school for a leap into the unknown.
L'Oréal moved its first employees, including its creative teams, to its new headquarters at 10 Hudson Yards. 1,300 employees will move to the new 10-floor, 400,000-square-foot space over the next few months.
The Walmart US Manufacturing Innovation Fund has so far invested nearly $7 million in textiles, small motors, and plastic injection moulding, Cindi Marsiglio, vice president – US Manufacturing, Walmart, has said.
The fashion industry has spent much of 2016 focused on fashion week and the traditional calendars, specifically how to get the general public better involved and how to get a better return on investment.
Sears Holdings announced on Monday that James Andrew is joining the company in the newly created role of Chief Administrative Officer. He will help the faltering company pursue its member-focused transformation.