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Kohl’s Plans Refinancing With $360M Offer of New Senior Secured Notes

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Kohl’s Corp., faced with some looming debt obligations, has commenced a private offering of approximately $360 million of senior secured notes due 2030. Kohl’s, in its disclosure on Tuesday, indicated it intends to use the proceeds to repay borrowings under its revolving credit facility. Kohl’s then expects to borrow from its revolving credit facility to […]

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Under Armour Continues to Struggle, But Makes Progress on Restructuring Plan

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Under Armour’s reset has yet to take root but things are headed in the right direction. One year after beginning a company-wide restructuring, the Baltimore-based sports brand reported fourth quarter and year-end results that, while still not pretty, managed to beat Wall Street expectations. On Tuesday before the opening of the market, Under Armour reported

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Francesco Scognamiglio Buys Back Namesake Label, Plots Relaunch

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MILAN — Designer Francesco Scognamiglio — known for his romantic concoctions worn by the likes of Madonna, Lady Gaga, Beyoncé and Rihanna, among others — has bought back his namesake brand and is plotting a relaunch. The Neapolitan designer has acquired the Francesco Scognamiglio and Maison Francesco Scognamiglio brands from Y Capital Management, the investment

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Zoey Deutch in Chanel in a scene from 22Nouvelle Vague22

At the Cannes Film Festival, Chanel Seeks More Than Red Carpet Credits

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PARIS — Chanel’s relationship with cinema runs way deeper than the red carpet. After dressing the likes of Penélope Cruz, Lupita Nyong’o and Lily-Rose Depp for the Oscars, the French fashion house hopes to snag the spotlight again at the Cannes Film Festival — but this time, for films as much as fashion. In recent

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Fashion Investors Rally Behind De-escalation in U.S.-China Trade War

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Wall Street shot up after the U.S. and China agreed to bring the temperature down on their trade war — and the import-dependent fashion and retail crowd rode the stock roller coaster higher. After high-level weekend talks in Switzerland, the U.S. cut its tariffs on Chinese goods to 30 percent from 145 percent, while China

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Shutters on the Beach and Nick Fouquet Redefine Festival Flair With Bespoke Hat Collaboration Inspired by ‘California Laidback Luxury’

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It’s “Festival Flair” season for Southern California brands Shutters on the Beach and Nick Fouquet. The Santa Monica-based resort collaborated with the nearby Venice-based hatmaker for a multi-sensory experience that offers “instant infiltration into a curation of coastal California,” said Christophe Baraton, general manager at Shutters. The hotel is offering a luxe lifestyle twist on

Shutters on the Beach and Nick Fouquet Redefine Festival Flair With Bespoke Hat Collaboration Inspired by ‘California Laidback Luxury’ Read More »

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Cinq à Sept Opens First West Coast Store in Fashion Island in Newport Beach, Calif.

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Cinq à Sept has headed West. The company has opened its first West Coast boutique at Fashion Island in Newport Beach, Calif. The Cinq à Sept Fashion Island store is the most recent development in the brand’s growing retail footprint, with its first store opening in New York City’s SoHo neighborhood in 2023, and in Miami at

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U.S. And China Hit 90-Day Pause On Tariffs, Begin Trade Negotiations

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The United States and China issued a joint statement Monday after a marathon round of trade negotiations in Geneva, Switzerland, over the weekend. According to the statement, the world’s two largest economies have agreed to substantially reduce tariff rates — from Wednesday the U.S. will lower tariffs on Chinese goods from 145 percent to 30

U.S. And China Hit 90-Day Pause On Tariffs, Begin Trade Negotiations Read More »

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