Encouraged by the better-than-expected price tag at auction for its namesake and Bandolino brands, the company is working with Lazard to possibly unload its remaining fashion brands, sources told Reuters.
Nine West Holdings has sold its namesake and Bandolino businesses to Authentic Brand Group.
The women's shoe and fashion retailer had been preparing a plan with creditors that would sell its namesake brand property to Authentic Brands, Reuters reported.
Reuters reports that the women's shoe and fashion retailer could file as soon as this week, with a plan that would sell its namesake brand property to Authentic Brands.
J.Crew Group is looking to its Madewell division to make up for continuing slumping sales as its namesake division.
Gap Inc. acknowledged weakness in its namesake Gap brand and announced a new growth strategy last summer.
Marianne Wilson Pure Hockey is converting its various store banners to its namesake brand. read more
Over the next three years, the apparel retailer plans to close locations across its namesake and Banana Republic brands while opening 270 Old Navy and Athleta stores.
Marianne Wilson J.Crew Group named an internal associate as CFO as the retailer continues to struggle to turn around its namesake brand.
Marianne Wilson In a move that reflects the increased prominence of digital in traditional retail operations, Macy's has hired a senior eBay executive as president of its namesake brand. read more