Institutional Shareholder Services on Friday recommended that Kohl's investors elect two of the 10 board nominees put forth by activist investment firm Macellum Advisors as the department store considers selling itself.
Victoria’s Secret & Co. announced on Tuesday the launch of a new fully digital brand for tweens, as the U.S. giant continues to expand beyond its namesake lingerie brand, and looks to enter the metaverse.
Victoria's Secret & Co said on Wednesday that it has completed the sale of a minority stake in its China business to Hong Kong-based lingerie maker Regina Miracle International Ltd for $45 million in cash.
Next has opened its first department store-style location with an upsized opening in the Atria centre in Watford. The new store brings together its clothing and homewares offers, plus beauty and Victoria’s Secret.