Tuesday, September 17, 2019

Calvin Klein to Eliminate High-End Runway Fashion Collection

Calvin Klein is eliminating its high-end fashion collection in a move that will cut 1 percent of its workforce, including jobs at its Milan...
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Ralph Lauren’s Plan to Lure Younger Shoppers Is Simple: Hype

Ralph Lauren isn’t just about plain polo shirts and peacoats anymore. It’s about the hype.Looking for some buzz, the 52-year-old fashion house using tactics...
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Gucci’s 28 Percent Growth Fails to Clear High Bar Set by...

Kering SA’s Gucci label outpaced competitors in the fourth quarter, though the 28 percent sales growth won little applause from investors who had high...
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How Bezos Lost Out to Billionaire Ambani in Poll-Bound India

Amazon.com and Walmart Inc.’s plans to dominate India’s online retail landscape have been ambushed by Prime Minister Narendra Modi’s political priorities heading into a...
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Arnault Gets $4.3 Billion Richer in a Day, Closing In on...

Bernard Arnault, the world’s fourth-richest person, added $4.3 to his fortune Wednesday as Chinese consumers’ growing appetite for handbags and Hennessy cognac boosted results...
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City Centre Sohar, Oman to open in Jan 2019

A new $117m City Centre Sohar in Oman to open in Jan 2019The mall will have more than 120 stores, a nine-screen VOX Cinemas...
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Dubai’s Floating Carrefour Supermarkets to Serve Boats, Yachts

Dubai’s retail explosion is extending out to sea.Majid Al Futtaim Holding LLC, the Middle East operator of Carrefour SA stores, has created sail-through supermarkets...
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Nike opens MENA’s biggest store at Dubai Mall

Nike in partnership with local distributor Sun and Sands Sports has opened the doors of its brand-new store at The Dubai Mall.Sprawling across 3,290...
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Alibaba raises $1bn in 85 seconds during Singles’ Day sale

Chinese internet giant Alibaba raked in $1bn (£780m) in just 85 seconds during yesterday’s Singles’ Day sale in China. The e-commerce company - China’s equivalent...
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Dubai Holding Said to Buy Stake in Zara’s Middle East Operator

Dubai Holding LLC, the investment firm owned by the emirate’s ruler, agreed to acquire a minority stake in the operator of Zara clothing and...
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