News
Vince CEO: A healthy Saks Global is "good for the industry
2+ hour, 24+ min ago (546+ words) Brendan Hoffman said orders from the department store are increasing, as the brand recorded 10. 5% net sales growth for Q1. Vince Holding net sales grew 10. 5% year over year to $64 million in the first quarter of fiscal 2026, according to a Tuesday press release....
Chic. Affordable. Divine." Isaac Mizrahi returns to Target
2+ day, 2+ hour ago (551+ words) At the turn of the century, the fashion designer worked with the discounter to bring stylish clothing to the masses. Can he pick up where he left off? Fashion designer Isaac Mizrahi is returning to Target nearly a quarter century…...
Saks Global faces pivotal year as court approves bankruptcy exit plans
1+ week, 2+ day ago (480+ words) The company will slash debt by 75%, get $500 million in new financing and aim for $9 billion in GMV by 2030. But now customers need to come back. Saks Global's plan to wrap up its Chapter 11 restructuring received approval from the U. S. Bankruptcy Court…...
Destination XL is reevaluating its merger with Full Beauty
1+ week, 6+ day ago (575+ words) A week after rejecting a take-private offer, the company's board said the merger's existing terms were not in its stockholders'best interests. Destination XL Group is reconsidering its planned merger with Full Beauty and is in "constructive discussions to determine the…...
5 reasons why Saks Global's post-bankruptcy forecast is far-fetched
3+ week, 1+ day ago (1332+ words) The luxury giant expects to achieve margins and growth that department stores haven't seen in years. At this point Saks Global has nowhere to go but up. The luxury department store giant " a combination of Saks Fifth Avenue, Neiman Marcus…...
Est'e Lauder, Puig call off merger talks
3+ week, 5+ day ago (322+ words) When the discussions were disclosed in March, analysts weren't thrilled about the tie-up's potential to interrupt Est'e Lauder's turnaround. The prospect of this combination got tepid reviews by analysts, who by and large wondered what the point would be, at…...
Former Calvin Klein exec will be Banana Republic's CEO
4+ week, 1+ day ago (368+ words) It's a homecoming for Donald Kohler, who began his career at the Gap brand, where he spent a decade in various merchandising roles. Former Calvin Klein executive Donald Kohler in July will take over as Banana Republic's brand CEO, Gap…...
Marc Jacobs to be acquired by Toys R Us parent company | Retail Dive
1+ mon, 2+ day ago (361+ words) LVMH is selling the fashion label after nearly three decades to brand management firm WHP Global. After nearly three decades under LVMH Mo't Hennessy Louis Vuitton, the Marc Jacobs brand is being acquired by WHP Global. The companies announced they…...
As Gen Z embraces Coach, Tapestry raises expectations
1+ mon, 1+ week ago (353+ words) CEO Joanne Crevoiserat described opportunity in footwear for what she ultimately sees as a $10 billion brand. Meanwhile, Kate Spade stumbled in Q3. Tapestry executives" confidence in Coach led them to boost their expectations for the year, and their Gen Z consumers…...
J. Jill names Coach vet as chief marketing officer
1+ mon, 2+ week ago (188+ words) Kimberly Wallengren, who also worked at American Eagle and Adidas, will focus on brand positioning, expanding customer reach and growing consumer engagement. Wallengren's appointment follows other recent executive changes at J. Jill. In the past year, the retailer has brought on…...