High-end brands such as Louis Vuitton and Hermès are looking to other regions as sales in Persian Gulf nations plummet.
Category: Shopping and Retail
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Luxury Brands Bet on the Middle East. War Has Damaged Their Plans.
The New York Times – Business: -
America’s Furniture Stores Struggle to Survive a Frozen Housing Market
The New York Times – Business:Retailers are going bankrupt and liquidating as record-low housing turnover leaves fewer customers looking to furnish homes.
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New Owner of Shopping Plaza in Kansas City Pitches a $1.5 Billion Rescue Plan
The New York Times – Business:The Country Club Plaza’s sale and turnaround plans come at a consequential economic time for Kansas City, Mo., which will soon lose the Chiefs football team.
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He Was Supposed to Break Up Kraft and Heinz. He Changed His Mind.
The New York Times – Business:Steve Cahillane, a food industry veteran, is trying to revive the company behind Kool-Aid, Oscar Mayer and many other brands.
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What to Know About Electric Cars When Gas Prices Are Surging
The New York Times – Business:War in Iran has disrupted global oil supplies, which is prompting some car shoppers to look for ways to climb off “the gas-price roller coaster.”
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Lululemon Scrambles to Revive Yoga Pants Empire Amid Fight With Founder
The New York Times – Business:The interim chief executives are trying to rejuvenate sales as the founder, Chip Wilson, engages in a proxy battle for the boardroom.
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Lululemon Scrambles to Revive Yoga Pants Empire Amid Fight With Founder
The New York Times – Business:The interim chief executives are trying to rejuvenate sales as the founder, Chip Wilson, engages in a proxy battle for the boardroom.
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Lewis E. Lehrman, Store Chain Heir Who Ran for N.Y. Governor, Dies at 87
The New York Times – Business:After helping his family’s Rite-Aid drugstore empire flourish, he waged a surprisingly close but losing race as a Reagan Republican against Mario Cuomo in 1982.
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Consumers Paid Tariffs on Overseas Items. Now They Want a Refund.
The New York Times – Business:The Trump administration has yet to announce a process to return fees paid by companies and shoppers for tariffs now deemed illegal.