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Sep. 10, 2024
  1. Luxury Unfiltered: The real reason luxury brands fail
  2. Marriott International, Sotheby’s introduce ‘Iconic Pieces. Extraordinary Experiences.’
  3. Panerai presents conceptual art project at Homo Faber 2024
  4. In Shanghai, Watches and Wonders strengthens connection with next-gen collectors
  5. Breguet pulls new CEO from product development unit at Omega
  6. Filmmaker Martin Scorsese rocks menswear from Giorgio Armani, Kith
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  8. Sarah Burton joins Givenchy as creative director
  9. Carolina Herrera honored for 35 years of fashion contributions
  10. Luxury Unfiltered: Burberry is on the brink of self-destruction as it taps a new CEO
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Retail

‘Time is running out’ for department store recovery: Bain

August 7, 2024

A majority of American shoppers hold a negative opinion of large-scale retailers. Image credit: Bain & Company In North America, department store sales have declined at a compound annual rate of 6 percent from 2018 to 2023. Image credit: Bain & Company

 

By Zach James

While wholesalers throughout North America struggle to find their footing, global consulting firm Bain & Company is outlining a path forward.

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  1. Luxury Unfiltered: The real reason luxury brands fail
  2. Marriott International, Sotheby’s introduce ‘Iconic Pieces. Extraordinary Experiences.’
  3. Panerai presents conceptual art project at Homo Faber 2024
  4. In Shanghai, Watches and Wonders strengthens connection with next-gen collectors
  5. Breguet pulls new CEO from product development unit at Omega
  6. Filmmaker Martin Scorsese rocks menswear from Giorgio Armani, Kith
  7. Auberge Resorts, Mercedes-Benz launch fall concert series
  8. Sarah Burton joins Givenchy as creative director
  9. Carolina Herrera honored for 35 years of fashion contributions
  10. Luxury Unfiltered: Burberry is on the brink of self-destruction as it taps a new CEO
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Breguet pulls new CEO from product development unit at Omega
Panerai presents conceptual art project at Homo Faber 2024
Sarah Burton joins Givenchy as creative director