Kurt Geiger’s popular Carvela shoe brand is to launch in the US in a deal with department store chain Dillard’s. It will be available through 75 stores across the US exclusively in time for the coming Holiday season.
Sequential Brands Group has closed on a long-term licensing partnership renewal of Jessica Simpson's footwear business with Camuto Group, the company recently acquired by DSW and Authentic Brands Group.
Kurt Geiger has reported strong results in its latest financial year but analysts are concerned that the problems at UK and US mid-market department stores will make life tougher for the footwear retailer.
California lifestyle retailer Planet Blue has announced Eddie Bromberg as its new Chief Executive Officer. Bromberg was most recently the president at Cotton Citizen where he led the brand's retail expansion.
Vendors who work with the retailers and consultants who advise big department stores say this year chains are much slower in placing new orders for the holidays, as they deal with declining foot traffic.
Nordstrom Inc said on Monday its founding family had suspended attempts to take the upscale retailer private for the rest of the year due to difficulties in arranging funds for the deal ahead of the holiday season.