Retail/Business
Robert Vignola Exits Calvin Klein
He is succeeded in the role of president of Calvin Klein Collection and global licensing by John Van Glahn, an executive at Calvin Klein Inc.
— May 21, 2013
Neiman Marcus Reworks China Strategy
Company plans to downsize its team there and ship from its U.S. based inventories rather than holding inventory in Chinese warehouses.
— May 21, 2013
Stores Testing Same-Day Delivery
Retailers from Wal-Mart to Nordstrom, as well as e-commerce sites Amazon, eBay, Google and Postmates, are in various stages of trying out the service.
— May 21, 2013
Giorgio Armani Profits Rise 20% in 2012
The Milan-based fashion group logged another year of gains in profits and revenues, led by a 39 percent jump in China.
— May 21, 2013
Rents Up Along Manhattan Retail Corridors
Average asking rents in the first quarter either remained stable or increased.
— May 20, 2013
Mike Ullman Spells Out Plans for J.C. Penney
His immediate goals include reconnecting with the customer via promotional marketing, rebuilding private brands and “fixing” the Internet business.
— May 20, 2013
Macy's Plots Goals for Continued Growth
The retailer's key strategies revolve around omnichannel initiatives, shipping online orders from stores and targeting Millennials.
— May 20, 2013
