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.
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Retail
Kohl’s Promises Wary Investors Margin Boost
The retailer plans to increase activewear sales to be at least 30 percent of its business, up from about 20 percent in 2019.
Kohl’s Promises Wary Investors Margin Boost
The retailer plans to increase activewear sales to be at least 30 percent of its business, up from about 20 percent in 2019.
Retail
Kohl's CEO Says the Pandemic Is Transforming Its Stores
The department store chain is making greater use of protective gear and curbside pickups as it prepares for a business cycle that’s significantly different from previous years.
Kohl's CEO Says the Pandemic Is Transforming Its Stores
The department store chain is making greater use of protective gear and curbside pickups as it prepares for a business cycle that’s significantly different from previous years.
Retail
Kohl's Beats Profit Estimates as Amazon Partnership Pays Off
The department store chain partnered with the e-commerce giant to attract younger shoppers.
Kohl's Beats Profit Estimates as Amazon Partnership Pays Off
The department store chain partnered with the e-commerce giant to attract younger shoppers.
Retail
Hit by Tariffs and Discounting, Kohl's Cuts Profit Margin Forecast
With the cost of more aggressive promotions and a potential hit from new tariffs on Chinese imports, the department store chain has forecast a steeper decline in full-year profit margin despite better-than-expected quarterly earnings.
Hit by Tariffs and Discounting, Kohl's Cuts Profit Margin Forecast
With the cost of more aggressive promotions and a potential hit from new tariffs on Chinese imports, the department store chain has forecast a steeper decline in full-year profit margin despite better-than-expected quarterly earnings.
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Retail
Kohl’s Shares Drop After Big Quarterly Miss
The surprising results signal that the retailer needs to do more than rely on its Amazon partnership to drive sales.
Kohl’s Shares Drop After Big Quarterly Miss
The surprising results signal that the retailer needs to do more than rely on its Amazon partnership to drive sales.
Retail
Kohl's Shares Surge on Expansion of Amazon Return Partnership
The department chain store said it will begin accepting returns for Amazon customers at all of its stores, starting in July.
Kohl's Shares Surge on Expansion of Amazon Return Partnership
The department chain store said it will begin accepting returns for Amazon customers at all of its stores, starting in July.
Retail
Kohl's Tops Same-Store Sales Estimates, Raises Forecast
The American department retailer has benefitted from a makeover of its stores, as well as partnerships with Amazon and Under Armour.
Kohl's Tops Same-Store Sales Estimates, Raises Forecast
The American department retailer has benefitted from a makeover of its stores, as well as partnerships with Amazon and Under Armour.
Retail
Department Store Operator Kohl's Eliminates 3 Senior Positions
Department store chain operator Kohl's Corp said it was eliminating three senior positions, including chief digital officer, to create a more "nimble organization".
Department Store Operator Kohl's Eliminates 3 Senior Positions
Department store chain operator Kohl's Corp said it was eliminating three senior positions, including chief digital officer, to create a more "nimble organization".
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The News in Brief
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.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.
Zimmermann Names Roberto Eggs CEO
The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.