Style Capital Exits LuisaViaRoma: Sources
MILAN – Style Capital is exiting luxury retailer LuisaViaRoma after four years, WWD has learned. Sources said that current chief executive officer Tommaso Maria Andorlini is acquiring the…
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Retail
EXCLUSIVE: Le Bon Marché Collaborates With Illustrator Tatiana de Nicolay for In-house Label
PARIS — Le Bon Marché is embarking on the third chapter of its own label Maison Rive Gauche. Following a relaunch of the private label womenswear in January, the department store has…
Retail Conundrum: Prime Space in High Demand but There’s Little Availability
Thousands of developers, landlords, brokers, retailers, brands and real estate consultants will descend on Manhattan’s Javits Center this week for the annual ICSC New York retail real…
EXCLUSIVE: Calvin Klein Returns to New York’s Retail Scene With SoHo Flagship
It’s a day before the opening of the Calvin Klein flagship in Manhattan’s SoHo neighborhood, and David Savman, the global brand president, is talking underwear and the brand‘s enduring…
CEO TALKS: Galeries Lafayette’s Nicolas Houzé Talks Big Investment Bets as ‘Boring Retail Is Dead’
PARIS — Retail runs in Nicolas Houzé’s blood. A fifth-generation member of the French family behind Galeries Lafayette, Houzé joined the business in 2006, led the department store as chief…
Q&M Dental, Frencken, Zhongmin Baihui Retail, Accrelist directors add to stakes
Over the five trading sessions,from Nov 28 to Dec 4, more than 80 director interests and substantial shareholdings were filed For the five trading sessions from Nov 28 to Dec 4,…
How the Macy’s CEO sees retail in a world of tarriffs and shifting consumer habits (and how he gets ready for the parade)
It’s been a tumultuous year for the legacy retailer, shaped by new tariffs, shifting consumer habits, and the constant flip between “wartime” and “peacetime” leadership. Macy’s Inc.…
Stocks to watch: Cordlife, DFI Retail Group, SingLand, Tuan Sing, Vibrant Group
The following companies saw new developments that may affect trading of their securities on Thursday (Dec 4): Cordlife: The cord-blood bank is facing claims of at least S$5.45 million in…
Stock market hovers near all-time high on Fed rate cut expectations and retail rally
The U.S. stock market is drifting near its record levels on Wednesday following mixed reactions to profit reports from Macy’s, Marvell Technology, and other companies. The S&P 500 rose…
DFI Retail Group hikes dividend payout ratio to 70% in three-year plan
The group is targeting a compound annual growth rate of 11 to 15% for its underlying profit DFI Retail Group has unveiled a three-year strategic roadmap targeting double-digit profit…
Retail investors push e-commerce platform Meesho’s US$604 million India IPO to full subscription
The company has raised about US$270 million from anchors including Government of Singapore ahead of its IPO Meesho’s US$604 million initial public offering was fully subscribed the first…
Inditex Q3 Sales Gain 8.4% as Logistics Drives Growth
PARIS – With global headwinds rocking retail, Zara parent company Inditex has continued to see steady sales as it elevates its flagship brand and ups its high-street game. The group’s…
Canada Goose Relocates Milan Flagship With New Store Concept
CANADA TO MILAN: Canada Goose continues to roll out its latest store concept by unveiling a new flagship in Milan. This marks a relocation from the previous unit on Via Della Spiga to the…
Your Data Might Determine How Much You Pay for Eggs
If you’re near Rochester, New York, the price for a carton of Target’s Good & Gather eggs is listed as $1.99 on its website. If you’re in Manhattan’s upscale Tribeca neighborhood, that…
Crypto’s retail traders hit hard as Strategy ETFs plunge 80%
Retail investors who piled into Michael Saylor’s grand Bitcoin experiment are paying a heavy price. Strategy, the company once hailed for wrapping crypto exposure into a public stock, is…
Polène Launches First China Store At Sanlitun Beijing
On Sunday, the Northern District of Sanlitun Beijing, a newly-renovated luxury mecca in the capital city of China, welcomed a new tenant — Polène, the French leather goods brand. The…
Manulife US Reit proposes strategic pivot to retail, living, industrial sectors
It seeks mandates for US$350 million in divestments and US$600 million in acquisitions Manulife US Reit is seeking unitholder approval for a growthplanthat simultaneously expands its…
Black Friday Weekend Wrap: Retailers Give a Thumbs-up
The scene at stores nationwide wasn’t as frenetic as years past, yet the turnout was good enough and the shopping vigorous enough over Black Friday weekend to reinforce hopes for low- to…
Raising governance standards of smaller firms for retail investors
This is also critical for small companies, for their long-term sustainability and for the health of Singapore’s broader capital market ecosystem According to the latest Securities…
EXCLUSIVE: Louis Vuitton Amps Up Retailtainment With Experiental Flagships in Seoul and Beijing
PARIS – Louis Vuitton is betting on retailtainment to jumpstart luxury spending in Asia. The French luxury brand on Friday opened a new store in Seoul featuring a combination of brand…
U.K. Retail Industry Finds Little Cheer in Labour Government’s Latest Budget
LONDON — Retail, beauty and luxury organizations reacted with dismay to the 2025 budget delivered by U.K. Chancellor of the Exchequer Rachel Reeves on Wednesday and accused the government…
TikTok Shop pushes into luxury retail with US$11,000 handbags
TikTok is moving into luxury retail, part of an effort to expand its TikTok Shop marketplace into a high-end shopping destination for purses and watches that can fetch thousands of US…
Retail sales rose slightly in September as Americans pulled back on spending
Sales at U.S. retailers and restaurants increased modestly in September as resilient consumers moderated their spending after splurging over the summer. Sales rose 0.2% in September from…
Alibaba revenue tops estimates with strong instant retail, AI push
The company’s results come against the backdrop of a costly battle in China’s ‘instant retail’ sector Chinese e-commerce giant Alibaba beat analysts’ quarterly revenue estimates on Tuesday…