The footwear and accessories brand has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to a proposed initial public offering of its common stock.
Hudson’s Bay Co shareholder Paradise Developments on Wednesday became the latest investor to oppose Chairman Richard Baker’s C$1.74 billion take-private offer for the department store operator, calling it inadequate.
It started as a simple sales promotion, but Amazon's Prime Day has now morphed into a major phenomenon joined by scores of retailers jockeying with the US colossus for a bigger slice of the e-commerce pie.
Two weeks after news surfaced that the teen fashion retailer was exploring a range of options to turn its business around, Forever 21 has reportedly hired a restructuring advisor in the hopes of averting bankruptcy.
Kering's shares fell by nearly 6 percent on Thursday after signs of a slowdown at the French fashion company's Gucci brand, particularly in the United States, took the shine off a broader rise in sales.