Claire’s has made its first C-suite hire since private equity firm Ames Watson acquired the company for $140 million in September, saving it from liquidation.
Saks Global is winding down the majority of its off-price operations as it looks to sharpen its focus on full-price selling and luxury retail across its portfolio.
Abercrombie & Fitch Co. reported a better-than-expected third quarter as surging sales for its Hollister brand offset softening sales at its namesake division.