Retailing


Della Valle Ups Stake in Saks Inc.

Diego Della Valle

Sant’elpidio A Mare, Italy—Italian businessman  Diego Della Valle, who owns Tod’s footwear and accessories, continued to build up … [Read more...]

JCPenney Enacts Poison Pill After Ackman Buy

William Ackman, hedge fund manager and the founder of Pershing Square Capital, JCPenney's largest shareholder

Plano, TX—JCPenney adopted today an anti-takeover defense, after hedge fund manager Bill Ackman and Vornado Realty Trust bought … [Read more...]

Shoppers Practice ‘Safe Spending’ says WSL’s Pulse Report

Shoppers Practice Safe Spending

Americans have always been known for their optimism, but this is no longer a given. According to a new Pulse Report by … [Read more...]

Swatch Group Likely to Hit Full Year Profit Goal

Swatch Group

Bienne—Swatch Group, the world's largest watchmaker, is likely to reach its sales target this year despite the negative impact of … [Read more...]

November 1 is “Fashion’s Night In”

November 1 is "Fashion's Night In"

Fashion's Night Out was a smashing success at cities around the world--and shoppers who participated in this ultimate shopping … [Read more...]

Coach Reshuffles Asian Management

Coach Logo

New York--Coach has made a number of senior management changes in Asia as the brand seeks to drive expansion in the region. The … [Read more...]

H&M Boosts Sales 16% in September

H&M Logo

Stockholm--H&M reported today that its September rose 16% on 2009, thanks in part to the performance of new stores.The store, … [Read more...]

Walmart, Target Pull Kids Jewelry, Toys Due to Lead Levels

High levels of cadmium were found in some children's jewelry made in China

Oakland, CA—Target and Walmart removed children's products including foam bead jewelry from their stores after independent tests … [Read more...]

LVMH Posts 23% Increase in Q3, Confident on Q4

LVMH

Paris—LVMH Moet Hennessy Louis Vuitton  reported today a 23% jump in third-quarter sales, confirming a strong rebound for luxury … [Read more...]

Walmart to Cut Spending, Focus on Smaller Stores

Walmart Logo

Bentonville, AR--Walmart lowered the high end of its capital spending forecast for fiscal 2011 by $1 billion and says it will … [Read more...]

Gap’s Rebranding a Distrastrous Move?

gap logo

San Francisco--Just as BP's handling of the worst oil spill in U.S. history earlier this year is already a public-relations case … [Read more...]

Coach Tops 2010 Luxury Digital IQ Index

Coach

New York — Coach, Ralph Lauren, Louis Vuitton and Burberry are among the luxury goods brands to make the top 10  in the second … [Read more...]