The Boatkin, a new handbag, marries the design of the Hermès Birkin and the material of L.L. Bean’s Boat and Tote.
Category: Shopping and Retail
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Rhode, Hailey Bieber’s Beauty Brand, Sells in Billion-Dollar Deal
E.L.F. Beauty acquired Mrs. Bieber’s cosmetics brand for $800 million in cash and stock upfront, with another $200 million contingent on future growth.
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Victoria’s Secret Takes Down Website After Security Breach
The cyberattack disrupted online sales for days and sent the lingerie company’s share price lower.
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Trump’s China Tariffs Are Having a ‘Massive Impact’ on Small Business
A small Vermont business that sells water bottles used by cyclists and others is struggling to adapt to President Trump’s tariffs even after they were temporarily lowered.
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What Won’t The Interior Designer Ken Fulk Do?
Homes, hotels, restaurants, stores, books, candles, caviar sets. If you can build it, Ken Fulk wants to design it.
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Monroe Milstein, Burlington Coat Factory Founder, Dies at 98
His was not exactly a rags-to-riches story, but his family made $1.3 billion from an original down payment of $75,000 in savings.
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British Retailer M&S Says Cyberattack Will Cost It $400 Million
The company also said it would take several more weeks to resolve issues relating to the attack, which came to light last month.
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Target Says Sales Fell Short In a Challenging Economy
The retailer’s sales fell short of expectations, and it slashed its full-year financial forecast, citing a “challenging” economy and backlash over its pullback from diversity policies.
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Trump Berates Walmart and Mattel for Warning About Tariff Price Increases
The president recently attacked Walmart, saying it should “eat” the costs rather than pass them on to customers.
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Walmart Warns About Ability to ‘Absorb’ Tariff Costs to Keep Prices Down
The retailer reported sales growth, especially in its e-commerce division, but also cautioned about economic uncertainty in the quarters ahead.
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A Trade War Winner? The Booming Business of Returned Products.
As retailers slow down orders for foreign goods because of tariffs, companies that recirculate overstocked or returned items may help fill the gap.
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Stacy London and Clinton Kelly of ‘What Not to Wear’ are Back With a New Show
Stacy London and Clinton Kelly are back on TV with a provocatively named new show that celebrates personal style rather than dictating it.