“With traditional luxury markets facing stagnation, Africa has become a critical market to watch. The continent’s affluent ...

The GG Marmont Mini Matelasse Leather Shoulder Bag is currently 42% off, now marked down to $1,400, instead of $2,450. The ...

Luxury group Kering said its return to growth will take time after its embattled star label Gucci posted another quarter of ...

Even before the new [spring 2026] fashion collections hit the stores.” Bernstein expects Gucci to reveal De Sarno’s successor ...

Sabato De Sarno’s departure adds to the industry turmoil.

Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand’s creative director in a bid to revive the struggling fashion house. The French ...

JCPenney, Macy's, Joann: After a rough year of bankruptcies and store closures in 2024, retailers may face an even steeper uphill battle in 2025, experts say. Just a month and a half into the new ...

(NEXSTAR) — Less than a month after filing for Chapter 11 bankruptcy protection for the second time in a year, craft retailer JOANN is preparing to close hundreds of stores. In a recent court ...

(NEXSTAR) – What used to be your local Party City store may soon be selling books, recliner chairs, cowboy boots or discount merchandise. The party supply chain announced in December it would be ...

Last year was marked by a large number of retail store closings and it appears that trend will continue in 2025. JCPenny is the latest retailer to serve notice that its footprint will get smaller ...

Long a fixture in rural communities and small towns, Peavey Industries LP says it is closing its stores across Canada, including a dozen locations in Saskatchewan. In a statement, the company said ...