Financial News: Page 184
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Ralph Lauren gains traction
The company is yanking sales from off-price and department stores and its new styles are resonating with younger shoppers.
By Daphne Howland • Feb. 5, 2019 -
Outdoor Voices poaches former Under Armour, Nike exec
Pamela Catlett will take on the role of president and COO, with over 15 years of prior experience at Nike and Under Armour combined.
By Cara Salpini • Feb. 5, 2019 -
Montgomery County Planning Commission
Ikea to test furniture leasing option in 30 markets
Testing has begun in Switzerland, the Netherlands, Sweden and Poland, and the company hopes to cut down on furniture waste through the service.
By Caroline Jansen • Updated April 4, 2019 -
FullBeauty files, exits bankruptcy in 24 hours
The plus-size apparel retailer won approval of its plan, breaking the record for the fastest Chapter 11.
By Kaarin Moore • Updated Feb. 5, 2019 -
Target stocks women's body care brand Flamingo
The brand is following the lead of parent Harry's, which has been sold through the mass merchant since 2016.
By Corinne Ruff • Feb. 4, 2019 -
Federal pension agency sues Sears to take over pensions
The Pension Benefit Guaranty Corporation is alleging Sears' pension plans are underfunded by $1.4 billion. The retailer's court hearing to approve ESL's bid also begins Monday.
By Corinne Ruff • Feb. 4, 2019 -
David Yurman awarded $1.6M in counterfeit case
The luxury jewelry company obtained a default judgment and permanent injunction against 31 defendants.
By Kaarin Moore • Feb. 4, 2019 -
Cara Salpini/Retail Dive
Charlotte Russe plans for full chain liquidation if no buyer emerges
Without a firm commitment for a stalking horse bidder by Feb. 17, the apparel retailer plans to liquidate.
By Daphne Howland , Cara Salpini • Updated Feb. 6, 2019 -
Retrieved from Walmart on August 20, 2017
Walmart to give bonuses for perfect attendance
The retailer is also giving some workers who face unexpected delays up to 48 hours without hurting their record.
By Corinne Ruff • Feb. 4, 2019 -
Draper James expands sizing
Reese Witherspoon's Southern-styled apparel brand is the latest to bring inclusivity to reach more women.
By Daphne Howland • Feb. 4, 2019 -
Retrieved from Amazon on October 09, 2018
Amazon's physical store sales fall 3%
Natural maturity and advancing competition are pressuring the company, but its services are filling gaps and protecting margins.
By Daphne Howland • Feb. 1, 2019 -
J.Crew selects sustainable denim supplier, but is it a natural fit?
Apparel retailers are more proactive in pursuing sustainable sourcing, but they’re thwarted in many ways.
By Andy Burt • Feb. 1, 2019 -
"H&M Canal City Hakata shop in Canal City Hakata East Building at Fukuoka,Japan" by Nissy-KITAQ is licensed under CC BY-SA 3.0
H&M to shutter 160 stores amid profit slump
The apparel company is climbing a digital learning curve in a belated move to grow and integrate its e-commerce.
By Daphne Howland • Feb. 1, 2019 -
Avon to slash workforce by another 10%
The job cuts, part of a turnaround strategy revision, come on top of an 8% reduction last year.
By Corinne Ruff • Feb. 1, 2019 -
"Michaels Arts And Crafts store - Saugus, Massachusetts" by Anthony92931 is licensed under CC BY-SA 3.0
Michaels to close 36 Pat Catan's stores
The retailer will rebrand some locations, but shuttering the smaller arts-and-crafts chain was inevitable, according to GlobalData Retail.
By Daphne Howland • Jan. 31, 2019 -
Francesca's completes strategic review without a sale
The struggling women's apparel and accessories retailer announced a new $10 million loan to support its turnaround efforts.
By Corinne Ruff , Ben Unglesbee • Updated Aug. 14, 2019 -
FAO Schwarz to open at Selfridges in London
The iconic toy retailer's revival entails a return to its experiential stores and a global expansion.
By Daphne Howland • Jan. 31, 2019 -
Yujin Kim/Retail Dive
Deep DiveThe running list of 2019 bankruptcy victims
Destination Maternity is the latest retailer to file, with plans to close roughly half its stores and sell itself in bankruptcy.
By Daphne Howland , Ben Unglesbee , Cara Salpini , Kaarin Moore , Caroline Jansen • Updated Oct. 23, 2019 -
Drugstores dig into dental care
CVS and Walgreens have both forged collaborations in the space in hopes that consumers will bite.
By Daphne Howland • Jan. 31, 2019 -
Blue Apron introduces new retail line on Jet
The embattled company will offer a meal kit that bundles sauces, grains, spices and a recipe that shoppers then pair with retailer produce or protein.
By Jeff Wells • Jan. 31, 2019 -
Retrieved from Neiman Marcus on January 30, 2019
Neiman Marcus calls on BLVD for beauty touch-up
The upgrades are only at some locations, which will feature the luxury beauty brand's salon, nail and brow services, among others.
By Cara Salpini • Jan. 31, 2019 -
Courtesy of FabFitFun
FabFitFun rakes in $80M more in VC funding
The investment will help the platform expand its merchandising and global operations and evolve as a marketing partner and brand launchpad.
By Corinne Ruff • Jan. 31, 2019 -
Retrieved from Target on January 30, 2019
Target accelerator welcomes 10 new beauty startups
Participating brands could, like Girl+Hair, YUNI Beauty and Oars + Alps, end up in Target's digital or physical aisles.
By Corinne Ruff • Jan. 31, 2019 -
Alibaba steadfast amid China turbulence
Executives again touted the strength of China's middle class, saying innovation will help it grab its share of growing consumption for years.
By Daphne Howland • Jan. 30, 2019 -
Kohl's to bring Weight Watchers studio to Chicago store
The move follows the retailer's efforts to shrink store footprints with space yielded to Amazon and grocer Aldi.
By Daphne Howland • Jan. 30, 2019
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