J.C. Penny CEO Jill Soltau is attempting to restore Penney’s roots as a retailer of mid-priced apparel for middle-class families, as she reduces inventory at stores to boost margins and closes underperforming outlets.
Levi Strauss & Co has been "deliberate and diligent" in moving production out of China because of uncertainty hanging over tariffs on goods imported from China, Chief Executive Officer Chip Bergh said.
The American womenswear retail group announced on Thursday that it has implemented a new, more streamlined organizational structure, revealing a string of leadership appointments associated with the move.
It started as a simple sales promotion, but Amazon's Prime Day has now morphed into a major phenomenon joined by scores of retailers jockeying with the US colossus for a bigger slice of the e-commerce pie.
Interest in the global fashion Group IPO may have been disappointingly lower than hoped for, but the company has now begun trading on the Frankfurt stock exchange and the true test of its appeal begins now.
Hudson's Bay Executive Chairman Richard Baker's $1.3 billion bid to take the department store operator private hinges on whether a valuator will view the company more as a retailer and less as a real estate owner.
If the United States were to impose tariffs on another $300 billion worth of Chinese goods, it would cost U.S. consumers $6.9 billion more for their apparels and footwear, the National Retail Federation said on Friday.
The Spanish brand has announced an online partnership with a high-profile department store chain, as well as the opening of three concessions. Mango is also considering opening a flagship store in Miami or New York.