Continued caution is advised as mounting underlying turmoil could disrupt relations among both developed and emerging market economies.
With millennial shoppers keener to buy online or directly from brands, Hudson's Bay has yet to offer something they can’t find somewhere else and risks drifting into irrelevance.
J.C. Penney Co., Macy’s Inc. and Kohl’s Corp. all reported declines in revenue from a year earlier.
Chairman Edward Lampert has said the retail chain will focus more on tools and appliances than apparel.
This week, everyone will be talking about Virgil Abloh, Hedi Slimane, Kim Jones and the other designers showing at Paris Fashion Week Men's - and how the the buzziest brands share a corporate parent. Read our BoF Professional Cheat Sheet.