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Millard Drexler retires as J. Crew chairman

Millard Drexler, J. Crew Group Inc.'s chairman and former chief executive officer, has retired, leaving the company as it continues to search for a new CEO and recover from struggling sales.

Jan 19, 2019 Mode | Industry | Appointments

Millard Drexler retires as J. Crew chairman

Mahabis rescued by mattress entrepreneur, sees huge potential

Millennials-focused high-end slipper brand Mahabis has been rescued. The label that thought differently about the slipper market, has been acquired by an entrepreneur who did the same in the mattress market.

Jan 18, 2019 Mode | Business

Mahabis rescued by mattress entrepreneur, sees huge potential

Has Primark mulled e-commerce launch, could click-and-collect be the solution?

Primark’s trading update has raised new questions about whether the brand will ever launch online sales, but while it has mulled an online debut, it’s not a priority for now, a senior exec said after the update.

Jan 18, 2019 Mode | Retail | Business

Has Primark mulled e-commerce launch, could click-and-collect be the solution?

Beiersdorf's new CEO pledges action as sales growth slows

The new chief executive of Nivea skin creams maker Beiersdorf promised strategic steps in 2019 to deliver sustainable growth after reporting slower sales in the fourth quarter of 2018.

Jan 18, 2019 Beaute | Business

Beiersdorf's new CEO pledges action as sales growth slows

Tiffany holiday sales fall as Chinese tourists spend less

Tiffany & Co tempered its yearly profit forecast on Friday after its holiday sales fell unexpectedly as Chinese tourists spent less globally and the U.S. luxury jeweler faced softer demand in Europe and at home.

Jan 18, 2019 Luxe | Business

Tiffany holiday sales fall as Chinese tourists spend less