Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday accessible/mass-market jewelry sales down 2%.
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Macy’s Appoints Former Hermès CEO To The Board. Will It Matter?
Macy’s Inc. has appointed Robert Chavez, former Hermes Americas CEO, to the board. He faces challenges influencing strategy of the company that needs changes.
Nordstrom Family Back In Charge As It Goes Private With Help From Liverpool
Nordstrom Inc. has accepted a bid valued at $6.25 billion from the Nordstrom family and Mexican retailer El Puerto de Liverpool to take the company private.
What’s Next For Neiman Marcus After The Saks Merger?
With the Saks Fifth Avenue-Neiman Marcus Group merger complete, Neiman Marcus is likely to experience the greater disruptions to its business and corporate culture.
A Retail Labor Crisis Is Headed For Luxury Brands in 2025
A global survey among 12,000 luxury retail employees finds widespread job dissatisfaction. So much so that over half are planning to leave their current employer.
