Latest in Business Features
Target Latest Retailer to Trim Jobs
600 jobs will be eliminated at its headquarters, and distribution center to close later this year.
Consumer Confidence Dives Again
Level remains at historic low.
Sailing Ahead: Damiani Backs Yacht Team
Jewelry firm Damiani is sponsoring the Italia Challenge team at the upcoming Louis Vuitton Pacific Series…
Burberry Aims to Grow in Japan
Burberry recently tapped Masaki Iwase as president of Burberry Japan, a newly created role, and plans to open…
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.
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.