On January 9, Macy’s, the iconic American department store chain, announced the closure of 66 additional stores as part of its “Bold New Chapter” strategy.
Retail
In 2003, the collaboration between Louis Vuitton and Takashi Murakami marked a groundbreaking moment, seamlessly blending fashion, art, and pop culture.
On December 23, Saks Global announced the completion of its acquisition of Neiman Marcus Group for a total enterprise value of $2.7 billion.
On December 18, Balenciaga opened its first standalone store in Austin, Texas. Located within the mixed-use metropolitan center of The Domain, the store features an extensive selection of the brand’s latest collections, including men’s and women’s ready-to-wear, shoes, bags, and accessories.
The Parisian luxury jeweler, Boucheron, has opened its first boutique in Las Vegas, located within the opulent Fontainebleau Las Vegas.
On December 16, Canadian fashion retailer Aritzia opened its new flagship boutique on Fifth Avenue in New York.
Kim Kardashian’s shapewear brand SKIMS has opened its first flagship store on New York’s Fifth Avenue.
Jil Sander, under the OTB Group, has announced the launch of its first-ever fine jewelry collection, marking a significant milestone in the brand’s history.
The shapewear brand SKIMS, led by actress and entrepreneur Kim Kardashian, has partnered for the first time with the legendary outdoor brand The North Face to unveil a groundbreaking winter wear collection designed to transition seamlessly from ski slopes to après-ski lounges.
New York’s iconic landmark, Saks Fifth Avenue, has once again marked the beginning of the holiday season with its dazzling holiday window display.