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.

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Walmart 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.

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Investment 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.

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Tag Heuer CEO Antoine Pin Exits Watchmaker

The executive is leaving the French luxury conglomerate after 23 years that included tenures at Zenith and Bulgari.

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18 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.

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The $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.

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Melissa 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.

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Liberty 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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