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Neiman Marcus in The Shops at Hudson Yards is close to declaring bankruptcy due to the effects of the COVID-19 pandemic forcing closures across America, New York, NY May 1, 2020. (Anthony Behar/Sipa USA)(Sipa via AP Images)

Legal

Trustee Sounds Alarm Over Marble Ridge Conduct In Neiman’s Bankruptcy

The hedge fund, a loud critic of the Mytheresa transfer, interfered in the reorganization process, the U.S. trustee in the case said.

BBC Russian 8hSindhu Sundar

Retail

Nordstrom Sets a Pop-up in Montauk

The pandemic has spawned an exodus from big cities to suburban settings.

BBC Russian 10hDavid Moin

truck

Business Features

A Need for Long-Haul Drivers Becomes More Apparent in Light of Market Shifts

Expert says recent suspension of Amazon Shipping underscores the ongoing need for more trained long-haul truck drivers as the economy copes with a shifting market.

BBC Russian 12hAlexandra Pastore

JustFab

Retail

Behind TechStyle’s New Recurring Apparel Donation Program

TechStyle is combining its precision in inventory management with corporate social responsibility.

BBC Russian 12hKaley Roshitsh

alibaba tmall cat display

Business Features

Alibaba ‘Pitch Fest’ Holds Singles’ Day Promise for Smaller Brands

The e-commerce site invites in new brands after first-quarter results show it is back to pre-COVID-19 levels of business.

BBC Russian 12hEvan Clark and Tianwei Zhang

The landing page for Retail Czar.

Retail

Tom Ott to Launch Retail Czar, an Online Specialty Boutique

He has partnered with several former Saks merchants to create the men’s, women’s and home site.

BBC Russian 12hJean E. Palmieri

Vanity Fair

Media

Vanity Fair Names Nicole Chapoteau New Fashion Director

Editor-in-chief Radhika Jones made the announcement at the same time as revealing a number of other changes to the masthead.

BBC Russian 12hKathryn Hopkins

desktop

Business Features

Accenture Acquires CreativeDrive

The content production company will enhance Accenture Interactive in reinventing client content creation.

BBC Russian 13hAlexandra Pastore

Fashion Nova Garment Factory

Government and Trade

California’s Garment Worker Protection Bill Hits Legislative Limbo

A bill to tighten up laws around worker pay is possibly at its last stop before hitting the governor’s desk, but costs are being scrutinized.

BBC Russian 14hKali Hays

O, The Oprah Magazine

Media

O, The Oprah Magazine’s Print Run Shrinking From 12 Issues to Four

Oprah Winfrey dished on what the future of her 20-year-long collaboration with Hearst Magazines will look like.

BBC Russian 14hKathryn Hopkins

Inside the Lord & Taylor flagship on 5th avenue before it closed Jan 2.

Retail

Lord & Taylor Liquidating More Stores

Le Tote, the bankrupt parent company of L&T, continues to seek a buyer as Lord & Taylor liquidates stores.

BBC Russian 14hDavid Moin

people online drawing mobile phones

Business Features

The Outside View: COVID-19 Has Made Virtual Communities Crucial

Amber Atherton on how digital communities are becoming a key part of the brand playbook.

BBC Russian 15hAmber Atherton

ATaobao logo displayed on a smartphone with a computer model of the COVID-19 coronavirus on the background.

Financial

Alibaba Declares Full Recovery From COVID-19 With Q1 Results

“Our domestic core commerce business has fully recovered to pre-COVID-19 levels across the board.”

BBC Russian 17hTianwei Zhang

Retail

The Vitamin Shoppe Names Laura Coffey CFO

She’s the second major hire this month by the specialty retailer, which recruited Muriel Gonzalez as executive vice president, chief merchandising and marketing officer. 

BBC Russian 17hDavid Moin

eBay_Dark Mode

Business Features

EBay Modernizes Platform, Sees Major Uptick in Sales During Pandemic

The online marketplace is modernizing its platform to meet the evolving needs of its shoppers.

BBC Russian August 20, 2020Tracey Meyers

Bologna, 22/06/2017 - PRESS PREVIEW di FASHION RESEARCH ITALY - Foto di Massimo Paolone

Retail

Clienteling Takes Fashion Retailers Directly to Shoppers

Here’s what companies and brands need to know.

BBC Russian August 20, 2020Kellie Ell

The center fountain at Bal Harbour Shops.

Retail

Saks Owner Richard Baker to Bal Harbour Shops: ‘We Won’t Be Bullied’

The dispute revolves around what the retailer believes it rightfully owes the open-air center when it temporarily closed due to the pandemic.

BBC Russian August 19, 2020David Moin

A Target store is shown Thursday, Aug. 6, 2020, in Houston. (AP Photo/David J. Phillip)

Business Features

‘Big Six’ Retailers Dominate Market With Flawless Execution

As most of retail struggles, the top companies are offering the right merchandise mix, level of service and fulfillment capabilities to drive sales.

BBC Russian August 19, 2020Arthur Zaczkiewicz

TikTok

Business Features

Why a TikTok Ban Is a Life Lesson for Brands

Andrew Furman discusses effectively using social media in brand marketing strategies.

BBC Russian August 19, 2020Andrew Furman

christmas shopping

Business Features

Shoppers’ Spending Cuts May Continue Through Holiday Season

The outlook for holiday spending is dim, according to Coresight Research.

BBC Russian August 19, 2020Tracey Meyers

TJ Maxx logo on a store in Manchester, N.H.

Financial

TJX Opens Back Up, But Sees ‘Open-only’ Comp Sales Slipping

The off-price giant is fortified by a $6.6 billion cash hoard.

BBC Russian August 19, 2020Evan Clark

Target

Financial

Target Posts Blow-out Quarter

Profits surged more than 81 percent during the quarter, with both in-store and digital sales growth.

BBC Russian August 19, 2020Kellie Ell

Bernard Arnault of LVMH

Financial

Groupe Arnault to Take 27% Stake in Lagardère Holding Company

The transaction is expected to finalize in early September.

BBC Russian August 19, 2020Mimosa Spencer

Fendi Pop up

Business Features

The Luxury Industry Is Turning to Pop-up Stores to Win Over Chinese Millennials

Franklin Chu discusses luxury retail experiences that are thriving among young shoppers.

BBC Russian August 19, 2020Franklin Chu

Christmas online shopping

Business Features

What Trends Will Emerge as the Holiday Season Draws Closer?

An executive from Dynamic Yield weighs in on the pandemic-driven holiday season.

BBC Russian August 19, 2020Alexandra Pastore

USPS merch, save the post office, USPS, stamps, Gen z, tiktok

Retail

‘USPS Merch,’ Stamps Receive Breakout Support, Much of It From Gen Z

Searches for “USPS merch” were up 900 percent last month. “Young people” are part of the hype for saving the United States Postal Service.

BBC Russian August 19, 2020Kaley Roshitsh

Rothy's, sustainability, strategy, Human Resources

Retail

Short Takes: What’s in Store Under Rothy’s First Sustainability Head

Saskia van Gendt comes from Method and is trained as an environmental scientist. Her strategy for Rothy’s is collaborative and holistic.

BBC Russian August 19, 2020Kaley Roshitsh

Amazon's chief executive officer Jeff Bezos.

Technology

Amazon Announces Hiring Push to Add 3,500 Employees

Amazon’s latest move brings thousands of new tech and corporate jobs to six U.S. cities — especially New York.

BBC Russian August 18, 2020Adriana Lee

The center fountain at Bal Harbour Shops.

Retail

Bal Harbour Shops to Saks: Pay Up or Get Out

The luxury center’s ceo says the property is ready to pivot and come up with a plan if Saks vacates.

BBC Russian August 18, 2020David Moin

hiking boots close-up. girl tourist steps on a log

Retail

Amazon, DIY and Fitness Rule in Pandemic-Related Spending

Three research reports this week uncovered consumer spending trends and the dependence shoppers have on Amazon.

BBC Russian August 18, 2020Arthur Zaczkiewicz

London retail reopens following the Covid-19 closures.

Retail

Marks & Spencer to Cut 7,000 Jobs in Next Three Months

Sales of clothing and home goods were down 29.9 percent over the two months ending Aug. 8.

BBC Russian August 18, 2020Mimosa Spencer

Amanda Smith

Media

Fairchild Media Announces Amanda Smith as New President to Oversee WWD, Footwear News, Sourcing Journal and Beauty Inc

Amanda Smith’s appointment is part of a strategic shift that will for the first time bring all of PMC’s leading fashion brands under a single leadership and growth strategy.

BBC Russian August 18, 2020WWD Staff

Lauren Burnahm-Luyendyk with models wearing Shades of Rose.

Business Features

‘The Bachelor’ Alum Launches Shades of Rose, Talks Marriage and Social Media

After appearing on season 22 of “The Bachelor,” Burnham-Luyendyk wound up marrying the lead last year.

BBC Russian August 18, 2020Rosemary Feitelberg

Travis Scott on GQ's September 2020 cover.

Media

GQ’s New Diversity, Inclusion ‘Manifesto’ Goes Across Global Editions

How a newly public focus on diversity and gender equality will look in different markets, like GQ Middle East, remains to be seen.

BBC Russian August 18, 2020Kali Hays

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Today's Must Read

Neiman Marcus in The Shops at Hudson Yards is close to declaring bankruptcy due to the effects of the COVID-19 pandemic forcing closures across America, New York, NY May 1, 2020. (Anthony Behar/Sipa USA)(Sipa via AP Images)

Business

Trustee Sounds Alarm Over Marble Ridge Conduct In Neiman's Bankruptcy

BBC Russian 8hSindhu Sundar

Social Studies