NEW YORK, United States — Aldo Bensadoun, who founded the Aldo Group in 1972 selling wooden clogs in Canada, is the sole owner of the Aldo Group’s two shareholding entities. The retailer now has a value of $1.7 billion, according to data compiled by Bloomberg, making Aldo’s executive chairman, Bensadoun, a billionaire.
NEW YORK, United States — Abercrombie & Fitch Co., the teen retailer that’s been under pressure from activist investors to shake up management, hired Kohl’s Corp. executive Joanne C. Crevoiserat to be chief financial officer.
NEW YORK, United States — The fashion and beauty industry's love affair with Lupita Nyong'o continues: The Oscar winner has been named the new face for Lancome.
Courtesy of Alexia Niedzielski and Elizabeth von Guttman at Ever Manifesto, a publication conceived with a mission to raise collective consciousness around issues of sustainability, we bring you an exclusive interview with fashion consultant Julie Gilhart on why sustainability matters and why conscious consumerism will define the future of fashion retail.
NEW YORK, United States — Macy's Inc on Monday said it promoted its chief merchandising officer, Jeffrey Gennette, to president of the company, in a move that potentially positions him to become chief executive.
What was once a little-celebrated job — outfitting the characters that grace TV and film screens — is now the source of significant business opportunities for fashion brands, studios and networks, and the costume designers themselves.
NEW YORK, United States — Representatives of fashion designer L'Wren Scott, who committed suicide this week, denied reports that her fashion company had been struggling and said she had been planning to restructure her global business.
NEW YORK, United States — Department store J.C. Penney Co Inc said it does not expect the outcome of its pending lawsuit with retailer Macy's Inc over a home products deal with Martha Stewart Living Omnimedia Inc to have a material adverse impact on its results.
NEW YORK, United States —The $27 billion cosmetics giant is on the verge of its longest stretch without a purchase in at least 19 years, according to data compiled by Bloomberg. The New York-based company hasn’t announced any acquisitions since Smashbox Beauty Cosmetics Inc. in May 2010.