Qatar Investment Authority Eyes 10% Stake in Golden Goose
Qatar’s sovereign wealth fund is preparing to buy a stake in Italian sneaker maker Golden Goose, Corriere della Sera reported Saturday.
Hoffman Estates, United States
Retail
Lampert Reveals Plans for Sears After Bankruptcy
Chairman Edward Lampert has said the retail chain will focus more on tools and appliances than apparel.
Lampert Reveals Plans for Sears After Bankruptcy
Chairman Edward Lampert has said the retail chain will focus more on tools and appliances than apparel.
Retail
Report: Sears to Ask Bankruptcy Judge for Approval to Liquidate
Should the retailer liquidate its assets, it would become one of the most high-profile victims in the wave of bankruptcies that has swept the industry in the last few years.
Report: Sears to Ask Bankruptcy Judge for Approval to Liquidate
Should the retailer liquidate its assets, it would become one of the most high-profile victims in the wave of bankruptcies that has swept the industry in the last few years.
Retail
Report: Sears Prepares for Possible Liquidation as ESL Bid Fails
If the 125-year-old retailer does die in bankruptcy, it would mark the largest fatality yet in the retail apocalypse.
Report: Sears Prepares for Possible Liquidation as ESL Bid Fails
If the 125-year-old retailer does die in bankruptcy, it would mark the largest fatality yet in the retail apocalypse.
Retail
Sears Chairman Lampert Makes $4.6 Billion Bid for Bankrupt Retailer
ESL's takeover bid features financing from a variety of sources and a complicated structure.
Sears Chairman Lampert Makes $4.6 Billion Bid for Bankrupt Retailer
ESL's takeover bid features financing from a variety of sources and a complicated structure.
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Retail
Sears Files for Bankruptcy Just as Things Are Looking Up for American Retail
The company filed for Chapter 11 protection from creditors early on Monday, listing more than $10 billion in debts and more than $1 billion in assets.
Sears Files for Bankruptcy Just as Things Are Looking Up for American Retail
The company filed for Chapter 11 protection from creditors early on Monday, listing more than $10 billion in debts and more than $1 billion in assets.
Retail
Struggling Retailer Kmart Turns the Blue Light Back On
The struggling discount chain is bringing back the "Bluelight Special" in the hopes the iconic marketing approach it pioneered decades ago will breathe life into its stores and online sales.
Struggling Retailer Kmart Turns the Blue Light Back On
The struggling discount chain is bringing back the "Bluelight Special" in the hopes the iconic marketing approach it pioneered decades ago will breathe life into its stores and online sales.
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The News in Brief
Retailers Push UK to Join US and EU Ending Shein Parcel Loophole
British retailers are pushing the UK government to end a tax loophole that has helped online giants Shein and Temu make significant inroads and gain market share.
Exclusive: Deciem to Relaunch The Chemistry Brand
The Estée Lauder-owned beauty company and The Ordinary parent will relaunch one of its original brands as it moves to rekindle its reputation for incubation.
De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.