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Ann Taylor owner files for Chapter 11 bankruptcy

The operator of Ann Taylor and Lane Bryant filed for Chapter 11 bankruptcy protection on Thursday, the latest retailer to do so during the pandemic. Mahwah, New Jersey-based Ascena Retail Group Inc., which operates nearly 3,000 stores mostly at...

8 big box brands that are seeking bankruptcy protection amid COVID crisis

Economies all over the world are suffering due to the Novel Coronavirus pandemic, and the global retail industry – which has been in a state of flux for the last few years – has been especially hard hit. The...

Neiman Marcus files for Chapter 11 bankruptcy

Neiman Marcus Group LTD LLC announced that it has entered into a Restructuring Support Agreement with a significant majority of its creditors to undergo a financial restructuring, substantially reducing its debt load and interest payments and supporting continued operations during...

Ivanka Trump announces closure of her fashion brand

US President Donald Trump's daughter, Ivanka Trump, has decided to close down her fashion brand.The move comes over a year after she split from the company to enter the White House as a senior adviser, BBC reported on Tuesday.Ivanka...

Neiman Marcus taps ex-Ralph Lauren executive as new CEO

Geoffroy Van Raemdonck, a retailer with mostly luxury brand experience, has been named CEO of the Neiman Marcus Group.Dallas-based Neiman Marcus said Friday in a filing that Karen Katz, 60, will retire as CEO on Feb 12 and then...

Global fashion brands entering India

India is becoming a hot bed for international brands and over the past few years. The fact that India is now among the the fastest growing and highly competitive fashion markets in the world is fairly clear by the...

What Will Drive The Next Big Leap in M-Commerce?

Everyone talks about the way m-commerce has galvanized the retail business especially in developing markets like India and China. More than 40% of Indian online shoppers prefer to shop from their smartphones and more than 30% of all Chinese...

Pia Pauro Plans to Launch E-commerce Website

Delhi-based fashion designer Pia Pauro hopes to triple her brand’s presence internationally and also plans to tap the online space by creating an e-commerce website for her eponymous brand. Pauro, a graduate from the London School of Fashion said,...

“I am different – I am a flagship store”

Differentiating themselves from the clutter  in this high-tech world can be a daunting task for brands across the globe. Hyundai Capital, the financial giant, tackled this international riddle not only by increasing investments into their online services but also...

Sisley to launch first men’s product

French cosmetic brand, Sisley is slated to introduce its first-ever men’s product, an all-in-one skincare product - Sisleÿum . Available in either a gel or cream formulation, the treatment provides moisturising, antiageing, mattifying and post-shaving benefits.The product will...
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Ayodhya, Varanasi, Puri among 17 high-potential cities for fast real estate development: Report

Real estate consultant Colliers India has identified 30 potentially high growth cities from over 100 citiesNew Delhi: Ayodhya, Varanasi,...
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