Nordstrom family, back at helm, faces problems

Article Abstract:

Nordstrom names Blake Nordstrom president, and Bruce Nordstrom chairman, of the department store chain in the face of slipping sales and an ineffective attempt to market to younger customers.

Nordstrom Inc., JWN

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Marc Jacobs believes a dynamic partnership needs some alterations

Article Abstract:

The partnership between Bernard Arnault, the chairman of LVMH Moet Hennessy Loius Vuitton and Marc Jacobs, a designer, are one of the high fashion's great success stories, which resulted in sales of around the 3.5 billion dollars. However, there are tensions erupting inside this partnership, as Messrs. Jacobs and Duffy think their ambitions to develop the Marc Jacobs brand are being hindered by their French partner, LVMH.

Alliances, partnerships, Fashion designers, Jacobs, Marc, LVMH Moet Hennessy Louis Vuitton S.A., Alliances and partnerships, Arnault, Bernard

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Carrefour has plans to sell Japan stores

Article Abstract:

French-based retailer Carrefour S.A. hopes to make as much as $400 million from the planned sale of its stores in Japan. The company, which is the second-largest retailer in the world, has seen its sales slump and market share decrease due to increased competition in Europe from such rivals as Wal-Mart Stores Inc.

Europe, Japan, Strategy & planning, Acquisitions & mergers, Foreign operations, Sales, profits & dividends, France, Management dynamics, All Other Specialty Food Stores, Variety stores, Discount Stores, Management, Planning, Mergers, acquisitions and divestments, Wal-Mart Stores Inc., Company acquisition/merger, Carrefour S.A., Company sales and earnings, Company earnings/profit, Company business management, Company business planning, Bernard, Daniel

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