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.
jcpenney
Latest News & Analysis
News & Analysis
J.C. Penney Says Macy's Lawsuit Unlikely to Impact Results
NEW YORK, United States — Department store J.C. Penney Co Inc said it does not expect the outcome of its pending lawsuit with retailer Macy's Inc
J.C. Penney Says Macy's Lawsuit Unlikely to Impact Results
NEW YORK, United States — Department store J.C. Penney Co Inc said it does not expect the outcome of its pending lawsuit with retailer Macy's Inc
News & Analysis
J.C. Penney Ends Monthly Sales Reports as Turnaround Gains Steam
NEW YORK, United States — J.C. Penney Co., which began reporting monthly sales figures last year to shine light on its turnaround effort, will
J.C. Penney Ends Monthly Sales Reports as Turnaround Gains Steam
NEW YORK, United States — J.C. Penney Co., which began reporting monthly sales figures last year to shine light on its turnaround effort, will
News & Analysis
J.C. Penney Narrows Martha Stewart Deal While Losing Board Seat
NEW YORK, United States — J.C. Penney Co. amended its agreement with Martha Stewart Living Omnimedia Inc. to a narrower range of products and said it
J.C. Penney Narrows Martha Stewart Deal While Losing Board Seat
NEW YORK, United States — J.C. Penney Co. amended its agreement with Martha Stewart Living Omnimedia Inc. to a narrower range of products and said it
News & Analysis
JC Penney Names Saks CEO Sadove as a Director
PLANO, United States — J.C. Penney said Wednesday that Saks Chairman and CEO Stephen Sadove is joining its board of directors.
JC Penney Names Saks CEO Sadove as a Director
PLANO, United States — J.C. Penney said Wednesday that Saks Chairman and CEO Stephen Sadove is joining its board of directors.
ADVERTISEMENT
News & Analysis
JC Penney Seeks to Sell as Many as 97 Million Shares
"Struggling department store company J.C. Penney Co Inc (JCP.N) said on Thursday it had begun a public offering of up to 96.6 million shares, a move
JC Penney Seeks to Sell as Many as 97 Million Shares
"Struggling department store company J.C. Penney Co Inc (JCP.N) said on Thursday it had begun a public offering of up to 96.6 million shares, a move
News & Analysis
What's Not Hot This Holiday Season? J.C. Penney
"Goldman Sachs (GS) is pitching a new investment idea to clients this week: Bet on J.C. Penney (JCP) going under. In a new research note, the
What's Not Hot This Holiday Season? J.C. Penney
"Goldman Sachs (GS) is pitching a new investment idea to clients this week: Bet on J.C. Penney (JCP) going under. In a new research note, the
News & Analysis
J.C. Penney Shares Plunge to New Lows
NEW YORK, United States — J.C. Penney shares are trading at their lowest level in nearly 13 years as the department stores' woes appear to be
J.C. Penney Shares Plunge to New Lows
NEW YORK, United States — J.C. Penney shares are trading at their lowest level in nearly 13 years as the department stores' woes appear to be
News & Analysis
Ackman Resigns from JC Penney Board
PLANO, United States — William Ackman has resigned from J.C. Penney Co.'s board as part of a deal to resolve an unusually public battle between the
Ackman Resigns from JC Penney Board
PLANO, United States — William Ackman has resigned from J.C. Penney Co.'s board as part of a deal to resolve an unusually public battle between the
ADVERTISEMENT
News & Analysis
Perry Capital Buys 7.3% J.C. Penney Stake Amid Push for Changes
NEW YORK, United States — Perry Capital, the hedge-fund firm founded by Richard Perry, bought 7.3 percent of J.C. Penney Co. and asked the board to
Perry Capital Buys 7.3% J.C. Penney Stake Amid Push for Changes
NEW YORK, United States — Perry Capital, the hedge-fund firm founded by Richard Perry, bought 7.3 percent of J.C. Penney Co. and asked the board to
News & Analysis
Ron Johnson Out as J.C. Penney Chief
"A year and a half into his dismal attempt to turn around J.C. Penney, Ron Johnson was ousted as chief executive on Monday and replaced with his
Ron Johnson Out as J.C. Penney Chief
"A year and a half into his dismal attempt to turn around J.C. Penney, Ron Johnson was ousted as chief executive on Monday and replaced with his
News & Analysis
Macy's, J.C. Penney Resume Martha Stewart Courtroom Tussle
NEW YORK, United States — Macy's Inc and J.C. Penney Co Inc were back in court on Monday in their fight over Martha Stewart, with Macy's claiming
Macy's, J.C. Penney Resume Martha Stewart Courtroom Tussle
NEW YORK, United States — Macy's Inc and J.C. Penney Co Inc were back in court on Monday in their fight over Martha Stewart, with Macy's claiming
News & Analysis
J.C. Penney to Challenge Zara and Uniqlo With Joe Fresh Shops
PLANO, United States — J.C. Penney Co. will open Joe Fresh shops in most of its stores tomorrow, a key test of Chief Executive Officer Ron Johnson's
J.C. Penney to Challenge Zara and Uniqlo With Joe Fresh Shops
PLANO, United States — J.C. Penney Co. will open Joe Fresh shops in most of its stores tomorrow, a key test of Chief Executive Officer Ron Johnson's
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.