New analysis of online search and social media activity has come up with the world’s most popular department stores. The top 10 is dominated by American and British names with New York and London the key destinations.
J.C. Penney's talks with landlords for a rescue from bankruptcy proceedings reached an impasse, pushing the department store to the brink of collapse unless it can reach a deal within days to be taken over by lenders.
After filing for bankruptcy protection on Friday, a lawyer for J.C. Penney said at a court hearing on Saturday that the U.S. department store chain needs to exit bankruptcy proceedings in a matter of months to survive.
It has been slightly over a month since Richard Malone was crowned the winner of the 2020 International Woolmark Prize, but the prestigious international competition has already begun looking for the next big talent.
Ongoing underperformance at its Australian operations has led to the exit from his group post of Woolworths Holdings’ CEO Ian Moir, the South African company replacing him with an executive from Levi Strauss.