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Saks Fifth Avenue Takes Steps to Build on Its Legacy

The $250 million renovation of the retailer's New York flagship is still a few years away, but Marigay McKee is executing other initiatives.

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Sale of Roberto Cavalli Seen by Mid-October

The Italian designer has signed a letter of intent to sell a 60 percent stake in his company to VTB Capital, according to market sources.

Chris Nakatani Joins TAG as CEO

The TAG business includes the Foxcroft and Paperwhite women’s divisions and, in men’s, the Enro and Damon brands.

Luxottica Reshapes Management Team

Chairman Leonardo Del Vecchio is returning to take on a more active role as the company takes steps to increase profitability.

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Macy's New Bronx Store: Localization in Action

The retailer this month opened a three-level, 160,000-square-foot store in the Mall at Bay Plaza in Baychester, at the foot of Co-op City.

A&F Changes Strategy as Logos Lose Allure

Abercrombie & Fitch revealed Thursday it is moving away from the logo business, and will eventually exit the category entirely in its North American stores.

Destination XL Losses Mount on Sales Gain

Destination XL Group Inc. made top-line progress in the second quarter while its bottom line fell more deeply into the red.

Salvatore Ferragamo Sales Rise 6%

Net profit in the first half of the year dropped 3 percent.

Holt Renfrew to Upgrade Flagships

The company is throwing the focus on top doors in larger markets, entering e-commerce and closing two smaller locations.

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Bill de Blasio to Host N.Y. Fashion Week Event

New York City's mayor will welcome the Council of Fashion Designers of America to Gracie Mansion on Wednesday night for a cocktail party to launch fashion week.

Mobile Sales in China Propel Alibaba Q1 Earnings

In what might be the final financial report before Alibaba Group Holding Ltd. goes public, the company on said first-quarter net income nearly tripled.

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