Retail Features

Retail

Retail Features

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Wet Seal Closing Units, Cutting Jobs

The Wet Seal Inc., the Foothill Ranch, Calif.-based specialty retailer, said it will close 150 underperforming stores and slash 2,000 jobs.

Getting Down to Business at Margiela

Martin Margiela's Renzo Rosso plans to double sales in three years by improving production and sales staffs, opening stores and adding lines.

For Russia's Fashion Savvy, the British Are Coming - in Droves

Muscovites are thronging to shows by British designers such as Vivienne Westwood and Kim Jones, and buying Doc Martens and Pringle sweaters.

Judge Awards Polo Subsidiary $1M

NEW YORK — Polo Ralph Lauren subsidiary PRL USA Holdings Inc. is finding success in its case against Broadway retailers selling counterfeit Polo shirts, with a federal judge awarding the company damages totaling $1 million.

U.S. District...

'05 Goals: Ready for Sourcing's Evolution

Major makers are preparing for a sea change in worldwide textile and garment sourcing, as WTO nations end the 30-year-old quota regime.

Holiday's Bottom Line: Strong Profit Picture Lifts Season's Spirits

While retailers crunched Christmas numbers, the season's dynamic lay in the growth of gift cards and online sales, and a longer shopping season.

Prada in $104M Real Estate Sale

Prada has inked a 77 million euro real estate deal, its second such sale this year, as it seeks to generate cash and lower its debts.

Klein Facing Trademark Suit

Calvin Klein Inc. and parent Phillips-Van Heusen are facing accusations of trademark violations over its use of the name Calvin on apparel items.

Industry Still Measuring Disaster Toll

As the death toll mounted from the massive tidal wave that slammed nine Asian countries, the economic impact had just begun to be measured.

Disappointing Holiday Gives Retailers the Spring Jitters

After a tough Christmas, retailers are feeling the blues, but they say the season still has some legs.

Cartier Takes Big Steps in China

Cartier's grand opening of its Shanghai flagship on the Bund brought out the city's swankiest socialites and illustrated its commitment to China.

Aiming for Bigger and Better

From launching categories to opening more stores, executives are focused on business and personal growth in the new year.

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