On Oct. 4, a Chinese trader noticed a sharp drop in the price of crypto tokens backed by Nike’s Air Jordan sneakers on a U.S.-based exchange after an NBA basketball manager tweeted support for the protests in Hong Kong.
J. Crew Group Inc has hired investment banks to prepare for an initial public offering of its Madewell apparel business, as the U.S. clothing chain seeks ways to revive its fortunes, sources said on Thursday.
U.S. e-marketplace StockX recently raised $110 million in capital. FashionNetwork.com met in Paris with its co-founder and CEO, Josh Luber, who explained the site’s ‘stock market of things’ concept and future projects.
Global jewelry retail group Signet Jewelers Limited and its board of directors have nominated Jonathan Seiffer to become a new director. He will be up for election at the company’s 2019 annual meeting.
A group of activist investors on Friday again urged Bed Bath & Beyond to replace Chief Executive Officer Steven Temares and laid out a plan including cost cuts and better inventory management to improve profitability.