Nike has opened its newest House of Innovation concept store in New York City. Located on Fifth Avenue, the store is a massive 68,000 square-foot, six-level one-stop-shop for cross-category Nike products.
J.C. Penney Co Inc cut its forecast for annual sales on Thursday while also withdrawing its outlook for full-year earnings, adding to nerves over the future of another one of America’s best known retail names.
Danielle Brooks has landed a new role as the newest creative eye at Fashion to Figure. The actress has been snapped up by the plus-size retailer to create a capsule clothing collection for the party season.
Four of eight executives will be leaving retailer Hema. The news comes just weeks following the acquisition of the chain by Dutch entrepreneur Marcel Boekhoorn, who aims to simplify the structure of the company.
It’s official. After weeks of rumors, Lucas Ossendrijver, the long-time menswear designer of Lanvin, has left France’s oldest couture house, bringing down the curtain on a 14-year-run at the famous marque.
British retail sales growth unexpectedly slowed to a six-month low last month, as shoppers held off winter clothing purchases due to mild weather and cut back on other goods after a heavy-spending summer.