Macy's owned Bluemercury is growing as its parent company stumbles in the retail game. While the department store is closing 68 of its own stores, it plans to open 50 Bluemercury shops within the year.
Weak holiday sales by some U.S. department stores have reignited fears that the sector may never recover its growth levels of the past, but some investors are holding out hope for a longer-term recovery.
While Giorgio Armani called for reflection, Prada announced that two handbags from the collection will be available for sale right after the show and Ennio Capasa, of Costume National, is steadfastly against all this ...
The retailer reported sales struggles in the third quarter due to a slowdown of international customers. Lundgren, the company Chairman and CEO, shared plans to turn business around as early as this fall.