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Fake Goods Trade Now Valued At $461 Billion

PARIS — Counterfeited and pirated goods accounted for up to 2.5 percent of world trade, or as much as $461 billion, significantly damaging companies and state funds, said the Organisation for Economic...

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Prada Store Closures to Offset Openings and Protect Profit Margins

MILAN — Italian fashion house Prada S.p.A. will offset new shop openings with selective retail store closures this and next year in an effort to protect profit margins from weaker demand....

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BREAKING: Anthony Vaccarello to Yves Saint Laurent

LONDON — Anthony Vaccarello has been named creative director of Yves Saint Laurent, the fashion house and parent company Kering confirmed. As widely speculated, Anthony Vaccarello has been appointed creative director of...

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BREAKING: Macy’s Adds Real Estate CEO to Board to Help With Property Plans

NEW YORK — Macy’s Inc. named Four Corners Property Trust Inc. Chief Executive Officer Bill Lenehan to its board, adding a real estate expert to help the company determine the future...

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Omni-Channel

I recently attended an International Center of Shopping Centers (ICSC) conference that focused upon retail development and law. One of the subject matters was omni-channel - the integration of web/app-based...

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