The news comes as Ralph Lauren is launching its own rental service while luxury apparel retailers figure out their place in the circular economy.
Insight Partners will take a minority stake in the deal, which is valued at $2 billion and allows owner HBC to unlock value from the luxury brand.
Despite pressures that will remain this year, these retailers hold key advantages compared to department stores and other apparel sellers.
Kate Spade on Thursday announced leadership changes, including the exit of Creative Director Nicola Glass, according to a company press release. Glass will be with the company until April 1. The ...
The companies teamed up for a limited-edition collection, which features an avocado-shaped makeup sponge and ingredient-inspired eyeshadow palette.
The company's namesake brand did better in North America in the quarter and could get a boost from its Yeezy collab, expected later this year.
Kohl's CEO Michelle Gass said a third of those new visitors were millennials, but hasn't revealed just how much the extra traffic actually drives sales.
Whereas voice search offers consumers a hands-free way to access local business information in their cars, voice-driven applications will go further to connect a brand and their audience in a more ...
Bed Bath & Beyond on Wednesday outlined a plan to launch at least eight private labels this year within the bed, bath, kitchen and dining, storage and organization, and home decor categories. The home ...
Apollo Global Management will tap long-term debt to partly finance the deal, which comes as the crafts retailer enjoys pandemic-fueled sales.
The department store is closing its Magnificent Mile location in Chicago. Some who remember Marshall Field's wish it had never arrived.
Many disappointed customers don't complain directly to brands about negative interactions, costing companies revenue, a Coveo report found.