Cosmoprof North America returns to Las Vegas for 21st edition

Cosmoprof North America (CPNA) has announced its return to the Mandalay Bay Convention Center in Las Vegas.  Cosmoprof North America returns to Las Vegas for 21st edition. – Cosmoprof North America Scheduled July 23 – 25, 2024, CPNA will showcase innovation, networking opportunities, and educational insights for the entire beauty industry. Following two editions at … Read more

Vince Camuto names Ava Phillippe as global brand ambassador for fragrance line

Lifestyle brand Vince Camuto has named emerging actress and model Ava Phillippe as the face of its new fragrance line.  Vince Camuto names Ava Phillippe as global brand ambassador for fragrance line. – Vince Camuto In this role, Phillippe will head the launch of the new women’s fragrance Wonderbloom with a campaign launch slated for … Read more

Nordstrom’s founding family in new bid to take US retailer private

By Reuters Published Mar 20, 2024 The founding family behind Nordstrom Inc is seeking to take the U.S. department store operator private, six years after a similar attempt proved unsuccessful, people familiar with the matter said on Tuesday. Nordstrom The deal deliberations come as Nordstrom and other U.S. retailers grapple with consumers curbing their discretionary … Read more

Macy’s opens its books in company sale talks

By Reuters Published Mar 20, 2024 Macy’s Inc told Reuters on Tuesday that it will open its books to Arkhouse and Brigade Capital, a potential breakthrough in the investment firms’ $6.6 billion bid to take the U.S. department store operator private. Reuters Macy’s, which had snubbed Arkhouse and Brigade’s previous acquisition overtures, has now entered … Read more

Arkhouse says in talks with Macy’s for due diligence amid push for higher bid

By Reuters Published Mar 16, 2024 Macy’s investor Arkhouse Management said on Thursday the U.S. department store was in talks with the investment firm for opening its books for due diligence on the prospects of a higher offer. Reuters Arkhouse disclosed its move in a regulatory filing, opens new tab, saying this was in response to … Read more

Macy’s names Michael Krans vice president, Macy’s Media Network

Macy’s, Inc. announced on Monday that Michael Krans has joined the U.S. retailer as vice president, Macy’s Media Network.  Macy’s In this role, Krans oversees the New York-based company’s in-house media publisher dedicated to connecting advertising partners with Macy’s and Bloomingdale’s customers. Upclose, Macy’s Media Network appeases the firm’s customer base with personalized, inspiring content … Read more

Target joins crowd of big US retailers seeking store expansion

By Reuters Published Mar 8, 2024 Opening new stores is back in style – at some U.S. retail chains. Executives at several major retailers in recent weeks have touted the chains’ efforts to gain market share by adding new locations. Target, for instance, is adding 300, Walmart, 150; Sam’s Club, 30; Bloomingdale’s, 15 and Bluemercury … Read more

Macy’s surges after investor group sweetens take-private bid to $6.6 bln

Macy’s shares jumped 16% on Monday after investors Arkhouse Management and Brigade Capital sweetened their take-private bid over the weekend, valuing the U.S. department store operator at $6.58 billion. Reuters They raised the offer price to $24 per share from $21 for the stake they do not already own, representing a 38% premium to Macy’s closing price … Read more

Temu to open site to US third-party vendors

Translated by Nicola Mira Published Feb 28, 2024 Chinese generalist budget e-tailer Temu, as much criticised as it is dreaded in the USA, is reportedly about to open its site to US third-party vendors. A way to both compete with local e-tailers and generate goodwill with US businesses. Temu’s strategy also heralds the course the … Read more

Tapestry adds two new members to board

Tapestry Inc. announced on Thursday the appointment of Kevin Hourican and David Elkins to the fashion group’s board of directors, taking the total board count to eleven. See catwalkCoach – Fall-Winter2024 – 2025 – Womenswear – Etats-Unis – New York – ©Launchmetrics/spotlight Hourican currently serves as president and chief executive officer of Sysco Corporation, a role he … Read more