Today's News
Saks Global Unlocks $500M in Bankruptcy Funding
The retailer now has the cash to make “go-forward payments to brand partners,” a key step to restocking its shelves.
Read MoreWalmart Inc. Reshuffles Top Management
Incoming president and CEO John Furner is drawing on the retailer's bench strength to build a team that is facing new challenges.
Read MoreInvestment Banker David Shiffman Steps Up at Solomon Partners
The retail banking veteran was named head of investment banking at the group, but is keeping a hand in the bank’s consumer dealmaking.
Read MoreTag Heuer CEO Antoine Pin Exits Watchmaker
The executive is leaving the French luxury conglomerate after 23 years that included tenures at Zenith and Bulgari.
Read More18 Months Later, GQ China Relaunches Without Top Editor in Charge
Will Welch is said to have approached Boh founder Qiu Bohan to work on the first few issues, while the team hiring process is ongoing.
Read MoreThe $700M in Market Share ‘Up for Grabs’ in the Saks Global Bankruptcy
TD Cowen analyst Oliver Chen estimates who gets what as the luxury chain trims down in court.
Read MoreMelissa Worth Takes on New Role at Abercrombie & Fitch Co.
The specialty retailer has been installing regional managers to support growth internationally and coordinate effectively with the home office.
Read MoreLiberty Names Luxury Veteran Lydia King Managing Director, Retail
King was until recently Liberty’s group buying and merchandising director, and she will continue to be responsible for those teams alongside her new role.
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