Many international fashion and beauty brands are hedging their bets on China, where a faltering luxury market has an economic slowdown. But those warning signs […]
Tag: stores
Why L’Oréal’s Meteoric Skincare Growth is Coming Back to Earth
L’Oréal’s third-quarter sales, announced Tuesday, had an unwelcome surprise: its dermatological beauty division, which operates buzzy and viral skincare brands like Cerave and Skinceuticals, hugely […]
Opening Day at Jacquemus’ First US Boutique
After cutting the ribbon on his first New York boutique — designer Simon Porte Jacquemus zipped down Wooster Street, passing a block-long line that would […]
Walgreens Plans to Shutter 14% of US Stores Over Three Years
Walgreens Boots Alliance Inc plans to close 14 percent of its US stores to cut costs as consumers pull back spending. The drugstore chain said […]
The Founders Pushing African Fragrance Into the Mainstream
For centuries, Africa has been a source of inspiration and botanicals for the world’s biggest beauty companies. (Think of Byredo’s best-selling fragrance Bal d’Afrique, or […]
Why Men’s Retail Is Booming in Manhattan
Angelo Baque says he never envisioned opening a store for his 12-year-old, New York-based streetwear label Awake because of how challenging it is to run […]
Sears Is Looking for Rent Relief on Last-Standing Stores
In its heyday, Sears dominated the US from its headquarters in Chicago, once the country’s tallest tower. The retailer won over patrons with mail-order catalogues […]
Stüssy To Open a New Flagship in New York
Stüssy is reopening its doors in New York. The heritage California streetwear label is set to move into the 5,600 square-foot space at 50 Prince […]
CVS to Lay Off 2,900 Employees, Considering Company Breakup
CVS Health said on Tuesday it would lay off about 2,900 employees, representing less than 1 percent of its workforce, as the healthcare conglomerate aims to […]
Adrian Cheng Steps Down as CEO of New World Development
New World Development Co. chief executive officer Adrian Cheng has resigned, after the third-generation heir steered the Hong Kong property developer to its first annual […]