Saks Global Files for Chapter 11 Bankruptcy

Saks Global Files for Chapter 11 Bankruptcy

Saks Global’s high-wire financial act is finally over.  The company, which just over a year ago bought Neiman Marcus Group for $2.7 billion, filed for Chapter 11 bankruptcy late Tuesday — scrambling high-end retailing and leaving both vendors and lenders holding the bag. Saks Global went to court with $1.75 billion in financing from a…

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EXCLUSIVE: Fendi Rides on Bag Charms Craze for Chinese New Year

EXCLUSIVE: Fendi Rides on Bag Charms Craze for Chinese New Year

Fendi’s playful spirit comes alive this year in its bag charms with the launch of its Year of the Horse campaign, featuring its beloved Fendi BFF charms. Set to debut on Wednesday, the campaign features a heartwarming stop-motion film in which the BFF characters come together to make jiaozi, or dumplings — a cherished ritual…

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EXCLUSIVE: Madison Avenue Vacancy Rate Nears Historic Lows

EXCLUSIVE: Madison Avenue Vacancy Rate Nears Historic Lows

Madison Avenue‘s vacancy rate has dropped down to 5.6 percent, nearing historically low pre-pandemic levels for the nation’s premier luxury venue. Six months ago, Madison’s vacancy rate along the stretch from 57th to 86th streets was just under 8 percent. In 2023, the vacancy rate stood at 10 percent, and during the pandemic, it exceeded…

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Arden Cho Brings Sparkle to ‘Jimmy Fallon’ With Casadei Pumps

Arden Cho Brings Sparkle to ‘Jimmy Fallon’ With Casadei Pumps

Arden Cho of the Netflix film “KPop Demon Hunters” brought a bit of sparkle to “The Tonight Show Starring Jimmy Fallon” by way of her Casadei pumps. The actress who voices protagonist Rumi (Ejae provides the character’s singing voice) was joined by her costar Ahn Hyo-seop on the talk show on Monday night following the…

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Here’s Why Omnilux’s LED Face Mask Is Still the Ultimate Anti-Aging Secret Weapon for Any Skin Type — Years After Its Release

Here’s Why Omnilux’s LED Face Mask Is Still the Ultimate Anti-Aging Secret Weapon for Any Skin Type — Years After Its Release

If you purchase an independently reviewed product or service through a link on our website, WWD may receive an affiliate commission. In this article View More Newsflash: Great skin doesn’t happen overnight. As much as we want to believe that a singular anti-aging serum or under-eye patch set will turn back the clock, experts agree…

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Communications Executive Gaelle Collet Said Joining Alaïa

Communications Executive Gaelle Collet Said Joining Alaïa

CHANNEL HOPPING: Amid strong business momentum and steady retail expansion, Alaïa is reinforcing its C-suite and bringing on board seasoned communications executive Gaelle Collet, WWD has learned. It is understood she starts on Thursday as global chief marketing officer, and will be in charge of such areas as marketing, communication and image. Collet is joining…

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Retailers Hit Holiday Expectations With a 4.1 Percent Sales Gain

Retailers Hit Holiday Expectations With a 4.1 Percent Sales Gain

Holiday 2025 sales rose 4.1 percent despite weaker consumer sentiment, producing a season that was ultimately in line with industry expectations. That sales tally was released Monday morning by the CNBC/NRF Retail Monitor and was based on retail sales from Nov. 1 through Dec. 31, 2025. The Retail Monitor is a monthly measure of retail…

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EXCLUSIVE: Dior Names Josh O’Connor Brand Ambassador

EXCLUSIVE: Dior Names Josh O’Connor Brand Ambassador

GREAT EXPECTATIONS: Add Josh O’Connor to the growing list of Dior brand ambassadors. The English actor is a longtime friend and muse of creative director Jonathan Anderson, who during his prior tenure at Loewe named O’Connor as his first menswear ambassador in 2017 and cast him in several campaigns. It was only natural that O’Connor,…

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