Majid Al Futtaim sets max deal volume for hybrid bond
The deal pegged to be at USD500 million is now worth USD1 billion.
Fashion/Clothing
Under Armour Is Laying off Employees, Re-Focusing on Core Men's Apparel
Under Armour said it's laying off employees and re-prioritizing its core men's apparel business as part of its restructuring effort.
Hawaii's 2024 Teacher Appreciation Week Concludes with Last Chance Discounts for Educators
Several stores are participating in Hawaii’s celebration of Teachers Appreciation Week, most of which will end on May 10...
Target Cuts Pride Merch Ahead of June After 2023 Fiasco
Target announced that it was planning to reduce its LGBTQ+-themed merchandise in some of its stores for June’s Pride Month...
Canada: Competition Bureau Probes Lululemon Over 'Greenwashing' Allegations
A complaint reveals Lululemon's marketing-environmental impact discrepancies, citing a significant rise in greenhouse gas emissions since the "Be Planet" campaign's started in 2020...
Rue21 Apparel Stores Set to Close in the Coming Weeks After Filing for Third Bankruptcy
Rue21 has announced that it will be shutting down all of its 540 locat...
Berkshire Hathaway's Brooks Running CEO Deems China, Europe as Growth Areas
Brooks Running's newly appointed chief executive has expressed optimis...
Latest News
Reebok North America President Uli Becker leaves company
Reebok North America President Uli Becker would be leaving his post as part of a management shakeup.
Douglas engaged with Charterhouse regarding Nocibe buyout
A potential consolidation of French perfumery chain Nocibe and German books-to-cosmetics retailer Douglas Holding would create France's second-largest perfume retailer.
Douglas Holding in exclusive talks for Nocibe acquisition
Douglas Holding said it was exclusively talking with Charterhouse Capital Partners to acquire France-based perfume maker Nocibe.
David Jones head leaves post after three years
Paul Zahra would be leaving his job as the CEO of department store chain David Jones Ltd.
Harrods to reopen on November 4 after major store renovations
After infusing GBP107.8 million for store renovations, Qatar Holding would reopen Harrods store especially the iconic escalator.
Online Shopping startup Stitch Fix gets USD12 million in Series B funding round
Stitch Fix founder and CEO Katrina Lake told Techcrunch in an interview that the additional USD12 million funding would go towards keeping up the organic growth of the online shopping startup.
Jos. A. Bank Chairman sees strong support from investors for Men's Wearhouse offer
Jos. A. Bank Chairman Robert Wildrick said in an interview last Wednesday that the US apparel retailer had received strong support from top shareholders in the company for its Men's Wearhouse Inc. bid
Ahrendts leaves Burberry CEO post for Apple
Burberry Group announced in a statement on Tuesday that chief Angela Ahrendts would be leaving the fashion house next year.
Burberry names Bailey as new CEO replacement
On Tuesday, the Burberry Group said chief creative officer Christopher Bailey would be adding another responsibility as chief executive officer in the middle of next year.
