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Latest in Business Features

HSBC Says Current Downturn Unprecedented

Kevin Logan, U.S. chief economist at HSBC, discussed the macroeconomic business environment at a roundtable…

WWD Week in Review: July 9, 2010

The top stories for the week ending July 9, 2010.

Stores Report Lukewarm June Results

Reluctant consumers seen pressuring promotions for back-to-school.

McKinsey Sees Japan’s Luxury Market Improving

The consultancy said the consumer “appears to be emerging from her deep slumber.”

Footwear Retailer Office Holdings On the Block

Firm hires advisors to consider options, sale.

Ralph Lauren’s Pay Reaches $27.7M

Polo founder and CEO Ralph Lauren sees 25.7% increase in total compensation.

Tepper to Join Kurt Geiger

Bergdorf Goodman’s Scott Tepper will take up the post of head of buying for external brands at British…

Harrison Gets UJA Award

Financo chairman feted at New York fundraiser.

J.C. Penney’s in Aldo Deal

J.C. Penney's agreement with Aldo marks another step in ongoing efforts to reinvent its selling floors with…

Madonna, Macy’s Ready Material Girl Launch

Madona's fashion line launch for Macy's includes a marketing blitz that rivals the introduction of a new…

Bill Simon Named CEO of Wal-Mart U.S.

Wal-Mart makes Eduardo Castro-Wright president and ceo of Global.com and Global Sourcing.

Retailers Slow to Launch Mobile Commerce

Nearly two-thirds in NRF study of of apparel, accessories and footwear retailers have yet to implement mobile…

Prada Mulls IPO in 2012

Prada's potential 2012 IPO would coincide with the expiration of loan of $556 million.

Swatch Group Co-founder Dies

Nicolas Hayek, co-founder of The Swatch Group and billionaire businessman, died of heart failure on Monday at…

Gucci, YSL Name New Presidents in America

Laura Lendrum moves to Gucci from YSL, Brant Cryder joins YSL from Prada.