Latest in Business Features
China’s Consumers Scale Back
This Chinese New Year, Chinese consumers are holding on to their cash.
Barneys Said on Block, Near CEO Pick
The luxury chain Barneys New York could be for sale.
Lanvin Taps Andretta as EVP
Exclusive: Former Moschino executive to take management post at fast-growing French house.
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Balancing the Books:Jones’ $810M Charge Could Signal a Trend
Fashion companies of all stripes, like Jones Apparel Group, could post far steeper losses than weak sales…
Coach Profits Fall 14 Percent
Sales decline 1.8% in quarter.
Hugo Boss Eyes Job Cuts
German fashion firm may trim 150 from workforce to streamline company.
Six Belk Employees Among Survivors of Hudson River Jet Crash
Buyers and merchandise managers were returning from market week.
Burberry Opens New Headquarters
Burberry has a new home for the first time in more than 100 years, a high-tech tower of oak and marble just a…
Saks Lays Off 9% of Workforce
Faced with steep declines and affluent consumers losing wealth, Saks Inc. said it would eliminate 1,100…
Restructuring at Reebok
Adidas subsidiary trims 310 positions.
Firms Cut Outlook
Tiffany & Co., VF Corp. and Under Armour trim forecasts.
A Tight Squeeze: Goody’s, Gottschalks in Chapter 11 Filings
Two more retailers on Wednesday joined the trickle of what’s expected to become a surge of Chapter 11…
Neiman’s Trimming 375 Jobs
Neiman Marcus is cutting several hundred jobs, as the result of an efficiency review, this week.
The Complicated World of American Apparel
American Apparel — a retailer best-known for its sexy ads and controversial leadership — achieved a 10…
Holiday Hangover: Stores Slash Outlooks After Horrid Comps
When even Wal-Mart Stores Inc. falls short of expectations, the depth of the consumer slowdown can no longer…