May 24, 2020

Ed Razek, CMO of L Brands’ Victoria’s Secret, is stepping down after 36 years with the company. Razek’s resignation comes amid controversy on many fronts, including the brand’s sexualized treatment of women, Razek’s comments about plus-sized and transgender women, and...

May 14, 2020

Condé Nast will pink-slip about 100 employees in the U.S. and is putting another 100 on unpaid leave for several months as the COVID-19 crisis cuts into the media company’s business.

The New York-based company, whose titles include the New Yorker, Wired, Vogue, Vanity F...

May 13, 2020

JCPenney is preparing to file for bankruptcy as early as next week, though no final decision has been made, Reuters reported Friday, citing people familiar with the matter.

According to Reuters, about a quarter of the chain's roughly 850 stores could permanently close. 

...

May 7, 2020

A new report quantifies just how much the coronavirus is impacting influencers’ bottom lines.

U.K.-based digital performance agency Attain analyzed data from more than 500 Instagram influencers, ranging from nanos to supers. Attain found that 65 percent of influenc...

By David Moin and Evan Clark

with contributions from Sindhu Sundar, Jean E. Palmieri

 on May 5, 2020

J. Crew Group ended on brand — classic with a twist. 

While the preppy mainstay’s bankruptcy on Monday fit neatly into a long-running theme that’s...

May 2, 2020

At the tender age of 94 she is gracing the front page of Time magazine’s 2019 Optimists issue, and robbing us ALL of any and every “AGE” excuse we could ever possibly make. At the tender age of 94 she is gracing the front page of Time magazine’s 2019 Optimists issue, a...

April 30, 2020

Megan Thee Stallion’s “Savage” Remix hit the new Wednesday and made the entire timeline stop. The two Houston Hotties served up a banger that made all the alders want to escape quarantine.

While the song is hot, it must not go unnoticed how big of a moment this is for...

April 26, 2020

It's official: Kanye West is now a billionaire. Over the years, West's finances have remained mostly a mystery. But now, Forbes reports that the rapper-turned-footwear mogul has an estimated net worth of $1.3 billion. West can attribute his entry into the billionaires...

April 25, 2020

Gap Inc. warned on Thursday it may not survive the next 12 months intact and would need to borrow more funds in the face of widespread coronavirus shutdowns that have crippled the business of clothing retailers globally.

The apparel retailer also said it had suspen...

April 23, 2020

ESSENCE ANNOUNCES THE “ESSENCE BENEFIT SERIES TO FIGHT COVID-19” TO SUPPORT BLACK-OWNED SMALL BUSINESSES AND ORGANIZATIONS AFFECTED BY THE PANDEMI-

The ESSENCE Benefit Series to Fight COVID-19 kicks off with the first-ever ESSENCE + New Voices Entrepreneur Virtual Summi...

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