The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
Kohl’s Corp said on Wednesday it has reached a deal with a group of activist-investors to avoid a proxy fight, agreeing to add two of the group’s nominees to its board as independent directors.
The departments store operator also expanded its share buyback plan to $2 billion.
By Uday Sampath; Editor: Sherry Jacob-Phillips
Reliable sizing, sweet-spot pricing and contemporary – but not faddish – styles are helping high street retailer stand out.
The fast fashion retailer reportedly raised funding this week at a lower valuation. But the e-commerce giant remains immensely popular — and may have some more tricks up its sleeves.
Menswear has a hot new category: signet rings, beaded bracelets and silver chains — a trend driven by shifting gender norms and the overall casualisation of fashion.
The latest funding round for the Chinese fast fashion behemoth values the company at $66 billion.