The Australian streetwear brand is having a comeback with the opening of a global flagship in Sydney. It comes after years of financial woes for the Sydney fashion label, after it was rescued twice from administration.
A New York bankruptcy court has ordered that Global Brands and Marquee are approved to purchase the struggling BCBG Max Azria for $165 million and assume the label's intellectual property for future operations.
The Unilver-owned drugstore skincare brand is jumping into the experiential shopping market with a new pop-up shop in Soho. The temporary store will let customers create their own facial scrubs and lotions.
Global Brands announced a new three-year plan and the goal of $5 billion in revenue by 2020. The new plan builds on the company's current fiscal year results that included an 11.6% increase in revenue.
On Saturday, Bloomingdale’s will launch the first ever brick-and-mortar outpost of the Korean beauty retailer at its Soho location. The new mini store will sell a selection of K-beauty products curated by Soko Glam.
Macy's Inc margins could end the year as much as 80 basis points lower than in 2016, CFO Karen Hoguet warned on Tuesday in comments that sent shares of the department store chain sliding to five-year lows.