Europe’s Unibail-Rodamco bids $16 billion for Westfield in global shift December 12, 2017    Unibail-Rodamco, Europe’s biggest property group, has agreed to buy shopping mall owner Westfield Corp  for $16 billion, (A$21 billion) marking the biggest takeover of an Australian company and a shift in global retail property to counter online shopping. Westfield Corp The…

VF Corp creates 175 new jobs with new DC in PA By Cassidy Mantor  –  January 18, 2018     VF Corporation is opening a new $52M distribution center in Jonestown, PA next year, creating over 175 new jobs with the company over the next three years. Vans, The North Face and Timberland will ship out of the new DC.…

Quiksilver boss Pierre Agnès missing at sea January 30, 2018     A search was under way on Tuesday (Jan 30) for the chief executive of surfing brand Quiksilver after his boat was found empty, washed up on a beach in south-west France, officials said.   Pierre Agnès – ©Iroz Gaizka, AFP Pierre Agnès, 54, had…

Ralph Lauren enters into license agreement with ABFRL to open stores in India By Maverick Martins  –  January 30, 2018     US fashion house Ralph Lauren has entered into a license agreement with Aditya Birla Fashion and Retail Limited (ABFRL) for the opening of franchisee Ralph Lauren brick-and-mortar outlets in India. Ralph Lauren The ABFRL board has approved…

Saks, Lord & Taylor hit by payment card data breach April 1, 2018     Retailer Hudson’s Bay Co on Sunday disclosed that it was the victim of a security breach that compromised data on payment cards used at Saks and Lord & Taylor stores in North America. Reuters One cyber security firm said that it…

Nike secures long-term extension of NFL contract through 2028 By Cassidy Mantor  –  March 28, 2018     The National Football League (NFL) announced at its annual meeting this week that it has agreed on a long-term extension of on-field rights with Nike for an additional eight years. Nike will continue to provide all uniforms and sidelines apparel for all…

Stella McCartney takes control of her eponymous brand By Barbara Santamaria  –  March 28, 2018 Kering has agreed to sell its 50% stake in Stella McCartney to its founder in a move that will make her the sole owner of the luxury lifestyle label, the brands announced on Wednesday. Stella McCartney says goodbye to Kering – DR “It is…

Amazon taps Casino over Brazil electronics chain on Latin America advance March 27, 2018 Amazon.com Inc and Casino Guichard Perrachon SA are negotiating a deal in Brazil either partnering or selling the French retailer’s local appliance and electronics chain, a source familiar with the talks said on Tuesday. Reuters The talks concerning Casino’s Via Varejo chain,…

Beauty, creativity and family: Azzedine Alaïa remembered By Godfrey Deeny  –  November 19, 2017 If there was anything Azzedine Alaïa, the revered designer who died aged 77 this weekend, enjoyed more than actually making clothes, it was sitting down to a meal with his “family.” By family, Alaïa – who reinvented the modern silhouette of women – meant an extended…

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