
Hudson's Bay Company is permanently laying off workers across Canada, as it attempts to keep up with ongoing disruptions caused by the Covid-19 pandemic.
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Hudson's Bay Company is permanently laying off workers across Canada, as it attempts to keep up with ongoing disruptions caused by the Covid-19 pandemic.
The American designer has announced that she is stepping down as CEO of her eponymous jewelry brand, appointing company vet Tom Nolan as her successor, effective immediately.
In 2020, department store groups worldwide took a battering, and the year that has just begun looks to be equally tough. Will 2021 put the very existence of department stores in doubt?
The department store operator announced on Wednesday that it is has created two new roles to support the development of its technology and merchandising operations and invested $85 million in its supply chain.
Gold has previously served as president of Bergdorf Goodman and as president and chief merchandising officer of Neiman Marcus Group.
German online luxury retailer Mytheresa Group GmbH’s parent company said on Monday it had confidentially filed for an initial public offering in the United States.
The fashion label led by the designer once dubbed the “John Galliano of India” has gone into liquidation amidst reports of non-payment of employees and crippling debts.
The German luxury fashion e-tailer is reportedly planning to capitalize on the strength of the digital market during the Covid-19 pandemic with an IPO in the U.S. in early 2021.
The 113-year-old retail group has eliminated over $4 billion of its existing debt and announced a new board of directors with former executives from LVMH and Ebay.
As the Dallas, Texas-based department store operator emerges from bankruptcy, it has announced that it is reducing its retail workforce as part of a review of its business.