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The debt watchdog said the watchmaker’s capital structure is “unsustainable.” → Read More
Geoffroy van Raemdonck, Erik Nordstrom, Virginia Drosos and James Reinhart were all out courting the financial types. → Read More
After the largely crash-and-burn class of 2021 IPOs focused on growth, the sandal maker’s offering makes clear the value of the bottom line. → Read More
CEO Oliver Reichert said “Birkenstock is more than a shoe. lt’s a way of thinking, a way of living.” → Read More
Doug McMillon, Calvin McDonald, Stefan Larsson and Dani Reiss were all making the scene at the Goldman Sachs Global Retailing Conference. → Read More
A regulatory filing detailed CEO John Idol’s many conversations before the Tapestry deal was struck, at a lower price than initially offered. → Read More
The company is tightening up and driving toward profitability quicker, but was tripped up by mismatched inventory in the second quarter. → Read More
A tour of the fashion department in the mass merchant’s recently redone Secaucus store. → Read More
High-end mergers and acquisitions seem to be heating back up after a spate of dealmaking. → Read More
The CEO received less incentive pay and a smaller bonus in the tough retail landscape last year. → Read More
Evan Clark is deputy managing editor at WWD where he has written about the fashion industry through the lenses of technology, finance, business and politics. In his current role, he helps guide WWD’s financial and technology coverage and writes breaking news and analysis of mergers and acquisitions and business trends. He joined WWD in 2000 as a financial reporter and his career has included… → Read More
The e-commerce and tech giant is moving to linking up more of its endeavors with style. → Read More
CEO Stephen Yalof said consumers are more focused and more productive on a sales basis. → Read More
Evan Clark is deputy managing editor at WWD where he has written about the fashion industry through the lenses of technology, finance, business and politics. In his current role, he helps guide WWD’s financial and technology coverage and writes breaking news and analysis of mergers and acquisitions and business trends. He joined WWD in 2000 as a financial reporter and his career has included… → Read More
Just the latest retailer to trim, Gap is laying off 1,800 workers to improve the “quality and speed” of decisions. → Read More
The CEO received 200 percent of his target bonus. → Read More
The retailer successfully pivoted to counter a tough market and CEO Jay Schottenstein sees opportunity ahead. → Read More
Interim CEO Bob Martin said it was necessary to be “optimizing our operating model” for the future. → Read More
The deal gives the Latinx clean hair care brand a new partner and new funds to build on its recent expansion to more than 500 Sephora stores. → Read More
The company is both in the midst of a digital revolution and expanding its store base for the first time in more than a decade. → Read More