Retail – Page 6 – Beautifaire

10 Jun

Obituary: David C. Farrell, Retail Giant, Fierce Competitor

David C. Farrell, an enormous within the retail industry who led the previous May Department Stores Co. through years of profitability and growth, died June 5 in St. Louis. He was 89. Farrell served as May Co.’s chairman and chief executive officer for 19 years until retiring in April 1998. He’s credited with shaping the fashionable day department store, pioneering matrix buying that requires vendors to satisfy strict sales and profit targets, thereby narrowing the list of vendors that make it into the stores, and running highly productive and tightly managed malls. He was on the forefront of huge brand marketing, acquisitions, consolidations and aggressive cost management. He also did well by stockholders, who saw their shares rise significantly during his...

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30 May

A Recent ‘Distress Cycle’ in Retail Seen Dawning

by Beauty Tips

Fashion, Featured

Where the COVID-19 pandemic flooded in and quickly swept away the vulnerable retailers — from J.C. Penney and J. Crew to Brooks Brothers and Neiman Marcus — the sector has been standing up higher to the pressures within the economy today. But a bout of inflation not seen in a generation, an enormous run-up in rates of interest and continuing worries over recession are going to prove to be an excessive amount of for some. Already, David’s Bridal succumbed to bankruptcy and, outside of fashion, Bed, Bath & Beyond is liquidating. Retail is on edge and with good reason. To get a way of what comes next, WWD spoke to Richard Klein, senior managing director of Hilco Corporate Finance, experts in restructuring. This conversation...

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29 May

The Latest Beauty Retail Expansions by Shaz and Kiks,

by Beautifaire101

Beauty, Featured

The Latest Beauty Retail Expansions by Shaz and Kiks,

Whind sabrina rynas 12 Whind skincare skus at the moment are available at 50 Bluemercury stores and online, ranging in price from $35 for an Oasis Fresh cleanser to $85 for the Kasbah Stars night serum. Shaz and Kiks courtesy Shaz and Kiks is the most recent Indian-inspired beauty brand to make moves within the prestige market. The hair care brand has inked a cope with Sephora, where its six Ayurvedic ritual-inspired core products will launch online. Good Dye Young courtesy Hayley Williams’ Good Dye Young has entered all Ulta Beauty doors. The vegan hair dye brand — which took to Amazon, Walmart and Goal all within the last yr — reports a 67 percent year-over-year compound annual growth rate since its founding in 2016. Pinkie...

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26 May

Zadig & Voltaire’s Latest North American CEO Kristen Sosa

by Beauty Tips

Fashion, Featured

Since assuming the reins as North American chief executive officer of Zadig & Voltaire, Kristen Sosa’s top priorities are to expand the brand’s retail footprint, increase its accessories business, and lift overall awareness of the Paris-based brand. A 28-year industry veteran, Sosa spent 23 years at Saks Fifth Avenue, rising to executive vice chairman and chief merchant for Gilt Groupe and Saks Off Fifth and was senior vice chairman, merchandising and digital for the full-line side. She later joined Olivela as chief merchant and senior adviser and became president, Americas at Marc Jacobs. After doing a little consulting, Sosa realized that she enjoyed all points of being at a brand. “I missed running a business and...

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