Shares of the beauty retailer rose 6.6 percent in extended trading after the company also beat third-quarter results.
She has shaped the identity of the legendary luxury department store with over 1,000 window displays and a keen eye for trends.
The New York-based company has tapped a financial adviser as it seeks to solicit interest from potential investors including private equity firms and family offices, according to people familiar with the matter.
Designer Pharrell Williams unveiled his pre-fall 2024 men’s collection to about 1,200 guests.
The activewear label announced that it secured growth investment in a funding round led by Raine Partners, the equity arm of investment firm The Raine Group.
The Northamptonshire-based footwear brand said sales fell 5 percent to £396 million ($499 million).
This year, 59 percent of retailers offer so-called “return-less” or “keep it” policies for unwanted products whose returns costs exceed their value.
The intimates retailer which has been working to reinvent its image said its efforts are starting to pay off.
On a recent afternoon at Tiffany & Co.’s jewelry studio in Manhattan, a dozen or so jewelers filed down gold engagement rings while a tiny vacuum installed at each of their workstations sucked up the gold dust to melt it down and recycle it.