Urgent Reforms Needed in Luxury Fashion's Supply Chain
A recent judicial move in Milan has put a spotlight on some serious ethical issues in the luxury fashion industry.
Gucci's Slip as Kering's Shares Take a Hit Amidst Warning of First-Quarter Sales Dip
Kering, a renowned French luxury brand, witnessed a significant decline in its shares, marking its worst performance to date.
Macy’s Navigates Turbulent Retail Waters With Closures, Luxury Shift, and Activist Investors
Macy’s announced plans to shutter 150 stores over three years and 50 by the end of 2024 following a fourth-quarter loss and declining sales.