Moody's Investors Service has reported US retail remains stable, despite lower operating income expectations. While certain retailers have been hit hard, they account for a small part of the overall US retail landscape.
Bergdorf Goodman is trying out the Korean Beauty trend. The department store has partnered with K-Beauty expert Alicia Yoon to open a Peach & Lily curated K-Beauty pop-up shop at its iconic Fifth Avenue location.
Connecticut-based leather goods brand Dooney & Bourke has announced the opening of its Alibaba Group-owned Tmall Global online store where it will offer a full assortment of handbags and accessories to Chinese customers.