Saks Is Exploring Options for Bergdorf Goodman, WWD Reports Saks Fifth Avenue is in the spotlight once again, this time for its strategic move towards exploring options for its iconic luxury department store, Bergdorf Goodman. According to a recent report by WWD, the company is considering selling a minority stake in Bergdorf Goodman, a decision […]
Buyout Firm Sycamore Vies to Take Nordstrom Private, Sources Say
Buyout Firm Sycamore Vies to Take Nordstrom Private, Sources Say Nordstrom, the iconic American luxury department store chain, is currently at the center of a potential groundbreaking deal as buyout firm Sycamore Partners expresses interest in taking the company private. This development has sent shockwaves through the retail industry and the stock market, with Nordstrom’s […]
Selfridges Wins Approval for Private Members’ Club
Selfridges Wins Approval for Private Members’ Club Selfridges, the iconic department store in London, has recently secured a significant win with the Westminster City Council. The council has given the green light to Selfridges’ proposal to transform part of its flagship London outlet into an exclusive private members’ club. This new venture will feature a […]
Kohl’s Fires CEO for Directing Millions to Romantic Partner
Kohl’s Faces CEO Scandal: Millions Directed to Romantic Partner Kohl’s Corporation, a well-known department store chain, recently found itself embroiled in a scandal that led to the firing of its CEO, Ashley Buchanan. Buchanan, who had only joined the company in January, was relieved of his duties after it was revealed that he had directed […]