Bruce Nordstrom, Former Retail Chair, Has Died
Nordstrom was instrumental in the Seattle department store chain’s expansion and 1971 initial public offering.
The fashion industry is confronting a fourth quarter that will be like no other as the ongoing pandemic keeps shoppers at home and the economy in flux. What can retailers do?
Good in-store service is vital to winning back customers and building a lasting brand.
As competitors shut down locations and slash costs, the women’s clothing retailer Aritzia is pursuing an alternate strategy.
Shares of the Vancouver-based fashion retailer touched a 52-week high on Thursday.
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An influx of rich Chinese has made the Canadian city, known for its outdoor lifestyle and ability to produce homegrown international brands, increasingly strategic to the global luxury sector.
Shares of the Vancouver-based retailer jumped to C$18.51 at 9:06 am in trading on alternative markets in Toronto, up from its C$16 IPO price.
Canadian women’s fashion retailer Aritzia raised C$400 million in its initial public offering, the nation’s largest IPO since October’s C$1.83 billion sale of electric utility Hydro One Ltd.
Aritzia owners lifted the number of subordinated shares being sold to 25 million from 20 million, according to Friday sale documents.
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Aritzia aims to raise about C$300 million ($232 million) from its initial public offering.
Aritzia, the Canadian women’s fashion retailer, filed for an initial public offering on the Toronto Stock Exchange.
Canadian retailer Aritzia is working with banks to prepare for an initial public offering as soon as this year, according to people familiar with the matter.
"Canadian retailer Aritzia has opened 15 stores in the U.S. since 2007 -- but Americans' awareness of the brand has yet to match its retail
Nordstrom was instrumental in the Seattle department store chain’s expansion and 1971 initial public offering.
“This has been by far one of the hardest and most important decisions I have ever made,” the sustainability-focused designer said in an Instagram post.
Carter joins the company from makeup artist Danessa Myricks’ namesake cosmetics label, where she was CMO.
The companies are the latest additions to the Uyghur Forced Labor Prevention Act Entity List that restricts the import of goods tied to what the US government has characterised as an ongoing genocide of minorities in China’s Xinjiang region.
Craig Green, Ottolinger and Louis Gabriel Nouchi have been tapped to design for the fifth edition of the project by Netherlands-based tannery Ecco Leather, now known as Ecco.Kollektive.
London-based womenswear brand Chopova Lowena has been named the winner of the 2024 BFC/Vogue Designer Fashion Fund.
The Toronto-based company reported revenue of C$358 million ($263 million) for the fiscal fourth quarter.
The likelihood of a successful Burberry turnaround is limited in the near term, UBS Group AG analyst Zuzanna Pusz wrote in note.