Despite seeing a double-digit hike in fourth quarter revenues as luxury spending rebounds, upscale retailer Neiman Marcus Inc has nearly doubled its losses on costs incurred for refinancing some of its debt. The retailer, which operates both its namesa…Read More
Apparel maker VF Corporation has completed its $2.3bn buyout of outdoor clothing and footwear firm Timberland and revealed a number of management changes, including the departure of Timberland president and CEO Jeffrey Swartz.
The deal, announced back …
NEW YORK—Despite some bad weather, overall same-store sales for major retailers were up about 4.4 …Read More