Financial News: Page 198
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Kohl's to launch home collection with HGTV's Scott twins
The department store has cleaned up its stores and differentiated its merchandise of late, boosting revenue and margins in the process.
By Daphne Howland • Sept. 28, 2018 -
Inside the J. Crew-Universal Standard collaboration
This summer, the iconic American brand partnered with a startup to expand its sizing — and executives say it's already paying off.
By Corinne Ruff • Sept. 27, 2018 -
Amazon opens '4-star' store in New York City
The new store will be a test of the e-commerce giant's ability to connect with customers through brick and mortar.
By Daphne Howland • Sept. 27, 2018 -
Purple wakes up to a new CEO
The mattress startup faces fierce competition in a disrupted market increasingly being captured by Casper.
By Daphne Howland • Sept. 27, 2018 -
Bed Bath & Beyond falls behind with 'grim' results
Executives called for patience amid a turnaround that isn't showing much sign of gaining traction, despite a strong consumer economy.
By Daphne Howland • Sept. 27, 2018 -
Will Nike kick up sales on Jet.com?
After a successful pilot selling on Amazon last year, the athletics brand will soon debut on Walmart's more urban, millennial-focused marketplace.
By Corinne Ruff • Sept. 26, 2018 -
Under Armour names new chief marketing officer
Alessandro de Pestel, the new CMO, also has extensive experience in fashion with brands like Tommy Hilfiger, Christian Dior Parfums and Omega Watches.
By Erica Sweeney • Sept. 26, 2018 -
Dov Charney ordered to pay $19.5M over American Apparel suit
The brand's founder says he's focused on running Los Angeles Apparel, along with other litigation around his previous company.
By Daphne Howland • Sept. 26, 2018 -
Nike scores 2nd straight quarter of growth in North America
In addition to beating analyst expectations, the athletics retailer announced it will expand features of its Nike Live store to two new flagships in New York and Shanghai.
By Cara Salpini • Sept. 26, 2018 -
Petco taps new marketing chief
Tariq Hassan will lead Petco's marketing effort in an increasingly lucrative but highly competitive segment.
By Daphne Howland • Sept. 26, 2018 -
Walmart expands VR training to every US store
It's not just fancy tech that has made the retail giant's learning initiatives shine.
By Riia O'Donnell • Sept. 25, 2018 -
Michael Kors to rebrand after striking $2.12B Versace deal
The luxury brand and Versace each have something to gain, as long as the company puts in the needed time and money to update the iconic Italian brand.
By Daphne Howland • Sept. 25, 2018 -
Sears CEO makes ambitious offer to cut billions in debt
Eddie Lampert's hedge fund proposed more than $1 billion in asset sales and other maneuvers meant to shore up a major liquidity gap and potentially stave off bankruptcy.
By Ben Unglesbee • Sept. 25, 2018 -
Women in retail among Fortune's 'Most Powerful'
Eight women, half of them CEOs, are leading a diverse group of retailers, but turnover remains high among female executives at most retail and consumer goods companies.
By Daphne Howland • Sept. 25, 2018 -
Patagonia, Walmart, Gap work to get out the vote
Nearly 140 CEOs, including many retailers and brands, have signed on to "Time to Vote," with the aim of boosting America's relatively low voter turnout.
By Daphne Howland • Sept. 25, 2018 -
Walmart sued over claim it discriminated against pregnant workers
Allegations against the retailer assert pregnant workers were not offered appropriate accommodations — the third time such assertions have been leveled since 2014.
By Valerie Bolden-Barrett • Sept. 25, 2018 -
Ascena posts first positive comp quarter since 2015
The company is benefiting from the same economic tailwinds boosting rivals, but most of its brands still face ongoing challenges.
By Daphne Howland • Sept. 25, 2018 -
Neiman Marcus lender threatens legal action over MyTheresa move
An investment firm previously blasted the luxury department store chain for transferring its MyTheresa e-commerce business to an entity owned by Neiman's private equity owners.
By Ben Unglesbee • Updated Sept. 26, 2018 -
Michael Kors reportedly poised to snap up Versace for $2.35B
The luxury brand, which acquired Jimmy Choo last year, is reshaping itself as a fashion conglomerate along the lines of Tapestry and LVMH.
By Daphne Howland • Sept. 24, 2018 -
Retailers warn of price hikes as China tariffs take hold
Companies won't face the worst of the new policy until after the holidays, but prices are likely to rise and margins will be squeezed, and that could worsen as tariffs rise again next year.
By Daphne Howland • Sept. 24, 2018 -
Pier 1 expected a bad Q2 — and got a worse one
As it strives for a turnaround, the home furnishings retailer disclosed ugly early results for the quarter, with comparable sales and losses falling well below previous guidance.
By Ben Unglesbee • Updated Oct. 4, 2018 -
Neighborhood Goods to open first physical store in November
The startup is tying itself to the century-old department store model even as it seeks to revolutionize it.
By Daphne Howland • Sept. 21, 2018 -
Gap Inc. to debut men's athleisure brand
The launch of Hill City is yet another challenge to Lululemon, likely building on the success of the company's Athleta brand.
By Daphne Howland • Sept. 21, 2018 -
Under Armour to slash global workforce by 3%
The brand is cutting roughly 400 positions as part of a restructuring effort, while rivals Nike and Adidas are on the rise.
By Daphne Howland • Sept. 21, 2018 -
Retailers decry proposed swipe fee settlement
A $6.2 billion settlement over a long-standing antitrust lawsuit that merchants brought against Visa and Mastercard awaits court approval — but retailers say it won't fix the problem.
By Corinne Ruff • Sept. 20, 2018