What to Watch: Ulta Goes Abroad
Ulta Beauty will be expanding its footprint internationally throughout the rest of this year. The company will open its first international stores in Mexico and the Middle East very soon,…
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Retail
Deutsche Bank puts India retail banking business up for sale
Deutsche Bank is exploring the sale of its Indian retail banking assets and has invited bids from domestic and foreign lenders in the country, two sources told Reuters, making it…
SoftBank, Rakuten tap Japan’s booming retail demand for bonds
SALES of corporate bonds to Japan’s mom and pop investors are booming, on track to surpass last year’s record as bigger returns draw buyers looking to protect their savings from inflation.…
Retail S-Reits see lower cost of debt and positive rental reversions as retail sales improve
[singapore] Seven Singapore-listed real estate investment trusts (S-Reits) with local retail assets have posted mixed results in revenue and net property income. Retail S-Reits’ debt costs…
The week in business: Recalls, retail woes, and record-setting deals
It’s been one of those weeks where business news managed to cover just about everything: food safety, trade drama, housing weirdness, mall nostalgia, layoffs, and even Taylor Swift’s love…
Ulta Beauty Surpasses Q2 Expectations, Raises Full-year Forecast Amid Space NK Acquisition and International Expansion
Boosted by its acquisition of British beauty retailer Space NK and shrugging off the end of its partnership with Target Corp., Ulta Beauty beat Wall Street forecasts on both the top and…
Concept Store Manifest 002 Set to Open in Washington, D.C.
WASHINGTON —Amid Washington’s political chaos and cultural polarization, where gatherings are increasingly charged with institutional tension, a different kind of movement is taking shape…
Here's Your One Last Chance to Buy Undefeated's Air Jordan 4 at Retail
Undefeated’s Air Jordan 4 is considered by many as the biggest sneaker of the year, naturally meaning it sold out when the Los Angeles-based boutique released it earlier this month. Resale…
EXCLUSIVE: Laser Facial Company Skin Laundry Is in Rebrand Mode, With a Fresh Aesthetic and New Treatments
Skin Laundry is entering a new era. The company, best known for its laser facials, is undergoing a brand refresh, complete with a new aesthetic, new treatments and technologies and more…
Navigating alternative assets – how retail investors can build their private-market portfolios
As more affluent retail investors venture into alternative assets to diversify from public markets, wealth managers advise that investors should hedge their bets even further – by…
Mickey Drexler on the future of retail, AI’s limits, and lessons from Steve Jobs
Mickey Drexler redefined retail by radically remaking Gap and J.Crew, and working alongside Steve Jobs to guide the creation of the Apple Store. Now Drexler assesses some of the biggest…
EXCLUSIVE: Printemps Group’s Place des Tendances Bets on Loyalty and Logistics to Fuel Growth
In an era where fashion e-commerce is being reshaped by social media shopping and massive global platforms, Place des Tendances, the French multibrand retailer owned by Printemps Group, is…
EXCLUSIVE: Korean Brand Time Makes International Retail Debut With Samaritaine Paris Pop-up
PARIS — After presenting three seasons of runway shows in Paris, South Korean fashion brand Time will make its official European retail debut on Aug. 30 with the opening of a two-month…
Ulta Beauty Goes Global: Expansion into U.K., Mexico, and Middle East Marks Major International Push
After 35 years in business in the U.S., Ulta Beauty is going global, marking a new chapter for the retailer. Through an unexpected acquisition, a joint venture and a franchise,…
Lillian Hirshleifer, a Guiding Force in Fashion, Dies at 97
Lillian Hirshleifer, who along with her late husband Paul, brought designer shopping to Long Island, died Tuesday in her Roslyn, N.Y., apartment. Hirshleifer, 97, died from complications…
Complex to Open Permanent ‘Concept Retail Space’ in SoHo
Aaron Levant has always tried to figure out a way to stay ahead of the game. Now chief executive officer of Complex, the entrepreneur started out as a streetwear designer, cofounded The…
Bob Mitchell’s Secrets to Success
GREENWICH, Conn. — At this point, the story has become retail industry legend. It was 1958 when Ed and Norma Mitchell opened a haberdashery in an 800-square-foot former plumbing supply…
Kimara Ahnert, Makeup Artist and Entrepreneur, Dies at 56
Kimara Ahnert, the makeup artist and beauty entrepreneur who founded Kimara Ahnert New York, died July 9. She was 56. The cause of death was ovarian cancer, as confirmed by Nancy Behrman,…
Researcher Strives to Make Online Shopping More Accessible for Blind Shoppers
Emma Nicoson, a Google scholar, who is a graduate instructor and Ph.D. candidate at the University of Missouri, is striving to make apparel e-commerce sites more accessible to people with…
Me+Em Expands U.S. Retail Footprint With Two New Openings
LONDON — British clothing and accessories label Me+Em is preparing to open two stores in the U.S. as part of its retail expansion. The first will be in Greenwich, Conn., slated for…
Claire’s Gets $140 Million From IP White Knight to Save 795 Stores Across North America
Tween chain Claire’s is getting a rare third chance at retail life. The twice-bankrupt retailer on Wednesday said its intellectual property and certain operations, as well as other related…
US: Wall St subdued at open on mixed retail earnings ahead of Fed meet
Wall Street’s main indexes were subdued at the open on Wednesday (Aug 20) as investors assessed uneven earnings from retailers such as Target and Lowe’s for clues on consumer…
US: Dow opens higher as Home Depot puts focus on retail earnings
The blue-chip Dow opened higher on Tuesday (Aug 19), aided by a rise in shares of Home Depot after the retailer kept its annual forecasts intact, while caution dominated the…
CapitaLand Investment to advise Malaysian developer Astaka on retail strategy for RM1.2 billion Johor development
The project is expected to benefit from the formation of the Johor-Singapore Special Economic Zone CapitaLand Investment (CLI) will provide retail advisory services to Malaysian property…