Stitch Fix considered moving stylist jobs away from California for over a year, according to leaked audio
Stitch Fix’s decision to lay off the majority of its California-based stylists is something that the company has been discussing for over a year, the company’s vice president of operations, Minesh Shah told stylists being laid off on Monday.
PVH on Tuesday announced that Daniel Grieder, CEO of Tommy Hilfiger Global and PVH Europe, has left "after 23 years in various management roles within the organization, and will be leaving the company to pursue other interests." Martijn Hagman succeeded him effective Tuesday, according to a company press release.
By interrupting whatever comeback plans they had — and each has been in repair mode in some way or another — the COVID-19 pandemic has pushed most if not all department stores to take drastic measures in recent weeks.
Nordstrom closing its three Jeffrey specialty apparel stores
Nordstrom on Monday said it will permanently close its three Jeffrey designer apparel stores in Atlanta, New York City and Palo Alto, California. Eligible employees will receive a separation package, including severance, benefits assistance and outplacement support, according to a company press release.
In-Store Experience Was Supposed to Save Brick-and-Mortar Retail — What Happens Now?
The coronavirus may have killed one of retail’s buzziest trends.
Pre-COVID-19, “experiential retail” had been on the rise, as retailers looked to drive foot traffic and cut through the digital noise with everything from speakers’ series and networking mixers to trunk shows and in-store cafes. But as stores begin to reopen, activations like in-store events and high-touch services are off the table for the foreseeable future.
J.Crew bankruptcy leads to profits for buyout firm
J.Crew filed for bankruptcy this week after years of lackluster sales, but the buyout firm that took it private almost a decade ago still made off with a hefty profit, according to public filings and internal documents reviewed by The Post.