PLANO, United States — J.C. Penney Co., the department-store chain looking to rebound from its worst sales year in more than two decades, will get a boost from the opening of renovated housewares sections this month, chief executive officer Mike Ullman said.
Tory Burch has good reason to party after a billion-dollar brainwave (Telegraph) “Tory Burch may well just have made a $1 billion faster than any other woman in history; faster, possibly, than even that alpha male of fashion, Ralph Lauren. After a fair amount of hoo-ing and haa-ing, Burch, who owns 28.3 per cent of her label, quietly settled a dispute with her former second husband Chris Burch on New Year’s Eve, which
Mulberry looks to have its future sewn up (FT) “Bruno Guillon says that what he likes best about British design is its ‘relaxed confidence’. In the coming months, the Mulberry chief executive will need plenty of that himself as the UK-based maker of upmarket handbags grapples with the effects on the fashion industry of global economic weakness.” J.C. Penney ‘Backtracking’ With Discounts, Deutsche Says
NEW YORK, United States — He has been ordained “the alpha male of American street style” by GQ and called “Woost God” by some of his most rabid fans. But Nickelson ‘Nick’ Wooster, known for his sharply tailored blazers, handlebar moustache and armsleeve tattoos, is more than an arbiter of good taste. A menswear authority who has spent over 25 years working with leading luxury department stores like Barneys New York,
Why JC Penney Will Come Back (The Motley Fool) “Rome wasn’t built in a day, and no one said JC Penney’s turnaround would happen overnight either. Since Ron Johnson took the helm back in January, shares have been sliced in half and currently sit near 52-week lows.” It’s Karl’s world, we just live in it (The Independent) “Lagerfeld’s output is more diverse than any other