People|CEO Profile

Richard Baker: The man who couldn't save Saks and Hudson's Bay

In the turmoil surrounding iconic North American department stores, one name has repeatedly surfaced in recent months: Richard Baker. Under the leadership of the current Galeria investor, the Canadian department store chain Hudson’s Bay was forced to close after more than 355 years, and the luxury department store group Saks Global filed for...

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Member
Business|Interview Member

Understanding Marc Cain's growth strategy for the US and Canadian markets

Marc Cain has spent almost a decade intentionally and strategically building its presence in North America. Now, the German womenswear label is preparing to take a more dedicated approach to the US and Canada following an organisational realignment of its business. Towards the end of last year, the company announced the appointment of Jessica R’...

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Fashion |ANALYSIS

The Chanel jacket is enjoying a resurgence: the story of a boom foretold

Everyone who has tried one on says the same thing: “You have to wear it to understand.” The Chanel jacket, a centrepiece of the French house, requires a physical encounter to be truly appreciated. This is a significant detail in an era where desire is almost always sparked through a screen. However, it has not stopped the value of this icon from...

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BusinessMember

Gap reports second year of topline growth amid strategic transformation

NEW YORK — Gap Inc. has reported financial results for the fourth quarter and fiscal year ended January 31, 2026, marking what the company describes as a transition from ‘fixing fundamentals’ to a ‘building momentum’ phase. The US-based specialty apparel group achieved net sales of 15.40 billion dollars for the full year, representing a 2...

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