Designer Brands confirms layoffs
The parent company of DSW said the action was taken to simplify its organizational structure and reduce complexity.
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Designer Brands brings together US, Canada retail businesses
The combined entity will give a “streamlined reporting structure,” and enable collaboration. Meanwhile, the retailer posted flat Q4 sales and a comps drop.
Bed Bath & Beyond’s first co-branded store with The Container Store will open Saturday
The location in Fort Worth, Texas, comes just over a month after Bed Bath & Beyond announced plans to acquire the organizational retailer.
Activist investor wants Ralph Lauren veteran to lead Lululemon
Elliott Investment Management has taken a more than $1 billion stake in the athleisure brand and is pushing for Jane Nielsen to succeed Calvin McDonald.
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Cheryl Han, who joined Saks Global’s leadership early last year but left months later, has taken the dual role of chief marketing and digital officer.
QVC Group follows through on bankruptcy, readies itself for a new live-shopping era
The Chapter 11 process applies only to U.S. entities and will be swift, as the company has a plan to drastically reduce its $6.6 billion…