BusinessFeature

Peru: Vertically Integrated and Forward Thinking

In today’s competitive sourcing arena, Peru is an ideal destination for producing high-quality apparel, given its 5,000-year history in textiles and ability to adapt to current market needs.

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BusinessNews

Kering, LVMH Questioned Over Potentially Misleading Product Labels

In an era of heightened calls for transparency, two luxury powerhouses are questioned over accusations that their products don't have the lofty provenances their price tags would suggest.

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BusinessNews

Nike’s New Strategy Cuts Workforce, Reduces Shoe Styles

To try to reconnect with consumers and combat softening sales, Nike is testing its own agility with job cuts and a reduction in the number of shoe styles.

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BusinessNews

Shuffle Board: Sears Loses Execs Following Corporate Layoffs, Walmart Taps Bonobos CEO to Helm Digital Brands

Three executives leave Sears after corporate layoffs this week, plus Walmart taps Bonobos CEO Andy Dunn to lead its portfolio of digital brands.

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BusinessFeature

Zara Gap: Amazon, Walmart and the First Mile

Why is performance of the past decade so lame? Every executive knows Zara, H&M and now Uniqlo, so why has the Zara Gap widened?

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BusinessFeature

Fed Rate Hike Adds Some Concern to Uneasy Business Climate

Economists and investor reaction to the expected Federal Reserve’s raising of the federal funds rate by 25 basis points to a range of 1% to 1.25 percent was tepid, as potential higher costs for credit card debt and loans were balanced out by increases in interest savings and other investments.

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