Shoppers usually blame dowdy clothes and tired stores for the painful decline of Britain’s former retail powerhouse Marks & Spencer. But the parts of the business that customers never see could hold the key to its revival.
The new head of TAG Heuer, luxury group LVMH’s biggest watch brand, has replaced half a dozen top managers as part of a drive to revive sales.
An ugly beauty dominated Milan Fashion Week. Was it a sign of aesthetic democracy or a cheap trick designed to conjure the illusion of newness?
New technology about to be deployed by credit card companies will require U.S. consumers to carry a new kind of card and retailers across the nation to upgrade payment terminals. But despite a price tag of $8.65 billion, the shift will address only a narrow range of security issues.
John B. Fairchild died Friday at his Manhattan home after a long illness. He was 87.
BoF compiles the most important professional moves of the week.
J.C. Penney Co., the department-store chain in the midst of a turnaround, swung to a loss in the fourth quarter, amid increased discounting during the holiday season. The shares fell.
Macy’s Inc’s planned push into the off-price retailing sector, dominated by chains such as TJX Cos Inc’s TJ Maxx, shows the venerable department store chain has faced up to new realities of retailing in the United States.