What We're Reading: Page 191
Industry reads hand-picked by our editors
Aug 28, 2020
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Miami Herald
Bal Harbour Shops is evicting Saks Fifth Avenue for $1.9 million in unpaid rent
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Bloomberg
Retail Bankruptcies Will Push Mid-Range Malls Over the Edge
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Fortune
Warby Parker raises $245 million for a $3 billion valuation
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CNBC
25% of U.S. malls are expected to shut within 5 years. Giving them a new life won’t be easy
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The Business of Fashion
Neiman Marcus Seeks $55 Million From Nemesis Marble Ridge
Aug 27, 2020
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The Wall Street Journal
Coronavirus Shutdown Stings New Jersey Mall’s Bondholders
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Women's Wear Daily
Coty Posts $778M Net Loss, But Peter Harf Says ‘Coty Is Back’
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CNBC
Walmart is teaming up with Microsoft on TikTok bid
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Footwear News
Visionary Zappos CEO Tony Hsieh Is Stepping Down After 21 Years
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Reuters
Saks owner Hudson's Bay drops financing plan: sources
Aug 26, 2020
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Women's Wear Daily
Van Raemdonck Staying at Neiman Marcus
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The Wall Street Journal
Retail Landlords Offer Pandemic Clauses in New Leases
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CNN
Don't argue with anti-maskers, CDC warns stores
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Forbes
The Runway Show Must Go On: New York Fashion Week Gets The Green Light
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Travel + Leisure
Away Just Launched Its First Travel Pet Carrier
Aug 25, 2020
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The Wall Street Journal
Big-Box Stores, Worried About Amazon, Were Ready for Coronavirus
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Reuters
LVMH and Tiffany push back deal deadline by three months: source
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The New York Times
‘The Big Short 2.0’: How Hedge Funds Profited Off the Pain of Malls
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CNBC
As shopping picks up during pandemic, the gap widens between retail’s haves and have-nots
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Women's Wear Daily
Amazon Said Forging Ahead With Luxury Platform
Aug 24, 2020
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The Real Deal
Mall of America, behind on mortgage, fights foreclosure
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Bloomberg Opinion
It’s a Scary New World for Retail and Consumer Spending
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Women's Wear Daily
Sephora’s Jean-André Rougeot Reveals His Strategic Vision
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CNBC
China’s e-commerce giants get a boost as consumers continue to shift online after coronavirus
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The Wall Street Journal
Three Questions With Bluemercury’s Marla Beck on How Covid-19 Is Changing the Beauty Business
Aug 21, 2020
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CNBC
Struggling retailers rush to file for bankruptcy as fears of a second wave of coronavirus linger
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Glossy
From pre-orders to small batches: Fashion brands are taking control of their inventory
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The Wall Street Journal
Hedge Fund Marble Ridge to Shut Down
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Bloomberg Opinion
The Future of Trader Joe’s Looks Bumpy
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Vogue Business
Four founders on why sustainable fashion must include racial equality
Aug 20, 2020
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Business of Fashion
ThredUp Plans IPO Early Next Year
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Bloomberg
Fitness Retailer Sweaty Betty Is Preparing to Sell Itself
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The New York Times
Behold, ‘Workleisure’
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The Wall Street Journal
‘Maybe I Should Go to Jail.’ Neiman Investor Slammed in Government Report
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Fox Business
Estee Lauder to lay off up to 2,000 employees, close 10-15% of stores
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