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Target names insider Mulligan as new CFO
Target Corp on Tuesday said that John Mulligan, senior vice president of finance, will become chief financial officer on April 1, following the previously announced retirement of CFO Doug Scovanner. ...
Thu, 26 Jan 2012
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As Africa's consumers rise, so does inequality
In a cafe on the terrace of a Nairobi mall, well-heeled Kenyans sip coffee as shoppers in the car park navigate between BMW X5s, Toyota Land Cruisers and Mercedes. A nearby cinema last month advertised an array of Hollywood fare including Brad Pitt's "Moneyball". ...
Thu, 26 Jan 2012
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Carrefour rises on hopes of CEO change
Carrefour shares rise 5.5 percent, leading France's CAC 40 gainers, boosted by hopes retail veteran Georges Plassat could soon become the French retailer's new chief executive. ...
Thu, 26 Jan 2012
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Penney says can fund 2012 overhaul costs from operations
J.C. Penney Co Inc said on Thursday it will be able to fund the $800 million it plans to spend in 2012 on its multi-year plan to transform itself with a new pricing strategy and store redesigns from cash generated from its business. ...
Thu, 26 Jan 2012
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Every Child to Get the "ritefit" at Stride Rite Fit Events
Stride Rite Children's Group (SRCG), the number one choice of moms for baby shoes* and the number one footwear brand and retailer of shoes for children under four years old**, is inviting families to attend Stride Rite Fit Events at Stride Rite stores and select Dillard's locations nationwide Jan. 25-Feb. ...
Thu, 26 Jan 2012
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jcpenney Unveils Long Term Financial Outlook
At the second day of its launch event in New York City this morning, J. C. Penney Company, Inc. ("jcpenney") revealed financial plans to generate profitable earnings growth and long-term shareholder value as the Company transforms itself into America's favorite store. ...
Thu, 26 Jan 2012
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Finish Line Appoints Jay Custard Vice President, Digital Marketing
The Finish Line, Inc., a leading national retailer of athletic shoes, apparel and accessories, today announced that Jay Custard has joined the company as Vice President, Digital Marketing. ...
Thu, 26 Jan 2012
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Under Armour cuts 2012 sales growth outlook
Athletic apparel maker Under Armour Inc reported lower-than-expected sales and lowered its forecast for revenue growth in 2012, as mild weather hurt demand for its winter products, sending its shares down 3 percent before the bell on Thursday. ...
Thu, 26 Jan 2012
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Couture with a pulse from guest designer Yiqing Yin
Fox fur, organic cuts and graceful drapes in tones of moss green, rust and powdered gold: Yiqing Yin brought high fashion down to earth Wednesday with a look bursting with animal energy. ...
Thu, 26 Jan 2012
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Jean Paul Gaultier 's tribute to 'unique' Amy Winehouse
Amy Winehouse. There is no mistaking the look of the first model at Jean Paul Gaultier's couture show Wednesday, the beehive hair and thick eyeliner, black skirt and brassiere visible under a white top. ...
Thu, 26 Jan 2012
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Valentino 's virginal belles wrap up Paris couture
Virginal beauties in ivory lace and embroidery, or silk adorned with 18th-century prints, Valentino brought the Paris haute couture shows for spring-summer to a bucolic close on Wednesday. ...
Thu, 26 Jan 2012
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H&M Q4 pretax lags consensus, says markets challenging
Hennes & Mauritz (HMb.ST), the world's second-largest fashion retailer, posted a surprise drop in fourth-quarter pretax profit and said market conditions were challenging. ...
Thu, 26 Jan 2012
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Coach gets lift from male shoppers, beats Street
Upscale leather goods maker Coach Inc posted higher-than-expected earnings and sales for the holiday quarter, helped by its growing favor with male shoppers, and its shares rose more than 6 percent. ...
Wed, 25 Jan 2012
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Bon-Ton Stores CEO to take new role, names new leader
Bon-Ton Stores Inc said its Chief Executive Bud Bergren will move on to become the chairman of the board, and the company named Brendan Hoffman as its new top executive. ...
Wed, 25 Jan 2012
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American luxury demand lifts Luxottica sales
Italy's Luxottica SpA, the world's top premium eyewear maker, expects demand in America to boost revenue in 2012 after sales beat expectations last year. ...
Wed, 25 Jan 2012
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Collective Brands Appoints Rick Blackshaw as Keds Brand President
Collective Brands Performance + Lifestyle Group announced today the appointment of Rick Blackshaw as president of the Keds brand. Blackshaw has extensive footwear experience with brands including Converse, Timberland, ...
Wed, 25 Jan 2012
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Beiersdorf profit surprises as Nivea focus pays off
German consumer goods group Beiersdorf beat forecasts for 2011 profit, helped by a restructure that axed unprofitable lines like haircare and make-up and by heavy investment in its Nivea brand, including campaigns that featured singer Rihanna. ...
Wed, 25 Jan 2012
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Is tide turning for London's prodigal plutocrats?
London's super-rich, their numbers swelled by fat cats from China, Russia and the Middle East, are spending more on luxuries than before the financial crisis, but there are signs that some may be cutting back on the cream. ...
Wed, 25 Jan 2012
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