News

Neiman Marcus Swings to Q4 Loss

Neiman Marcus

Neiman Marcus Group has swung to a loss in its fourth-quarter due to an increase in interest expenses and flat margins.

In Other News: Boscov’s Turns 100

Albert Boscov-FEATURED

Boscov’s, the 43-door regional department store chain run by Albert Boscov, celebrates 100 years in business.

Timberland Sets Sights on $3.1 Billion in Revenue by 2019

VF Corp. says Timberland is on track to grow revenue by $1.4 billion over the next five years.

Stuart Goldblatt to Relaunch Bill Blass

Stuart Goldblatt

Former Macy’s Merchandising Group exec Stuart Goldblatt is the new president of Bill Blass Group.

Inditex Books Strong H1 Despite Sales Decline

Inditex

Spain-based Inditex, owner of the Zara chain, delivered a strong set of first-half results as better cost control offset weaker gross margin.

Adidas Defends Position Despite Investor Unrest

Adidas Group

Adidas is on the defensive after reports that some investors may want the CEO out.

Ari Hoffman Named CEO of Scotch & Soda USA

Ari Hoffman

Amsterdam-based Scotch & Soda has named Ari Hoffman as its new U.S. CEO, succeeding Tony Strippoli.

Macy’s Inc. Announces More Omni Innovations

MacysImageSearchApp-FEATURED

Macy’s Inc. revealed plans to support Apple Pay, a pilot program for same-day delivery, an image search app for iPhones and several other innovations.

Men’s Wearhouse Names Mary Beth Blake President

MensWearhouse-April2013-sign-110x110

Men’s Wearhouse has promoted EVP and chief merchandising officer Mary Beth Blake to president.

Jean-Paul Gaultier to Quit Ready-to-Wear Business

Jean-Paul Gaultier

Designer Jean-Paul Gaultier will exit his ready-to-wear business in a bid to stem losses.