London’s West End on Track to 10 Billion Pounds by 2025 – WWD
LONDON — London is back on track.
A new report from New West End Company and global property consultancy Colliers shows that London’s West End is recovering slowly as it nears closer to a turnover...
Dsquared2 Names Ennio Fontana General Manager – WWD
MILAN — Dsquared2 has appointed Ennio Fontana general manager of the company, effective immediately.
He succeeds Sergio Azzolari, who was named chief executive officer in April last year, taking on a role that had...
Macy’s Fourth Quarter Results Were Down, Outlook is Positive – WWD
Navigating through a “volatile” 2022, Macy’s Inc. reported fourth-quarter top and bottom-line declines compared to last year, but the figures beat Wall Street estimates, sparking a pre-market lift in the share price.
In addition, Macy’s...
Kohl’s Shows Losses in Fourth Quarter and Year – WWD
Kohl’s Corp. is still waiting for its strategy to roll out Sephora and become the nation’s destination for active and casual offerings to show some fruit.
As expected, the Menomonee Falls, Wisconsin-based Kohl’s on Wednesday...
Abercrombie & Fitch Reports Fourth Quarter, Year – WWD
Abercrombie & Fitch Co. ended a challenging 2022 with some momentum entering 2023 and some intriguing lessons learned.
“We have learned there is no normal and no new normal in this business,” chief executive officer...
Sandro, Maje Parent Company Bondholders Initiate Sale – WWD
PARIS — U.K.-based AlixPartners has launched the sale process for a 37 percent stake in accessible luxury player SMCP. The French fashion company also owns the Claudie Pierlot and Fursac brands.
“SMCP confirms that it...
Saks Off 5th Shakes Up Management – WWD
In a shakeup of its top management, SaksOff5th.com chief executive officer Paige Thomas has left the company.
WWD has learned that Thomas’ last day at Off 5th was Tuesday. HBC, the majority owner of the...
Athleta Forms A “Collective” of Women Athletes – WWD
Athleta has formed a “collective” of athletes to partner on innovating performance products and participate in mentoring and purpose-driven programs for women.
Called “The Power of She Collective,” the new group consists of 13 female...
Retail Thefts Cause Concern for Independent Jewelry Stores in New York – WWD
A spate of robberies in independent New York City jewelry stores in recent months has some owners on edge, as they try to safeguard their employees and businesses.
The most recent incident occurred at gunpoint...
American Eagle Profit Growth Tops Estimates – WWD
American Eagle Outfitters Inc. moved quickly to rein in inventories last year — helping the retailer hold its own against some tough fourth-quarter comparisons and giving it some breathing room to fine tune in...