News
Retail
Carrefour Sells Stake in Middle East Operation
The world’s second-largest retailer after Wal-Mart Stores Inc. said Wednesday it has sold its 25 percent stake in Majid Al Futtaim Hypermarkets for $700.4M.
– May 22, 2013
Retail
Saks Stock Spikes on Goldman Rumor
Retailer's shares jumped 18.1 percent in after-hours trading on Tuesday on speculation that it had hired a banker to explore strategic alternatives.
– May 21, 2013
The Markets
Fabio Guidetti Named Elie Tahari International President
He succeeds Patricia Williamson, president of international sales, who left the company.
– May 21, 2013
Retail
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
Retail
Value Fashion Brand F&F Expanding in Middle East
The brand plans to roll out more than 50 new franchise stores over the next five years.
– May 20, 2013
Retail
Retail Meccas: Dubai
With its vast futuristic shopping malls, the city has become one of the fastest-growing retail centers in the world.
– May 20, 2013
Footwear News
3 Questions for Maiyet's Kristy Caylor
The brand works in a variety of developing markets.
– May 17, 2013
Beauty
Perfumer Roja Dove Widens His Horizons
His luxury fragrance line was previously found globally in just seven locations, including doors in Moscow, Lausanne, Switzerland and Dubai.
– May 17, 2013
Fashion
Qatar Holding Takes Stake in Hines Italia's Porta Nuova Project
The project includes the development of both business and residential luxury buildings in Milan’s namesake district.
– May 16, 2013
Fashion
Alexander McQueen and McQ Web Sites Get New Look
As the digital flagship of the house, the sites will offer the largest range of women’s and men’s ready-to-wear and accessories online.
– May 16, 2013
Business
Luxury Enters Single-Digit Era
Bain study predicts growth of 4 to 5 percent in 2013.
– May 16, 2013
