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Macy’s Announces $5 Billion Investment to Reach Equity, Sustainability Goals by 2025

Retail TouchPoints

Through three pillars — people, communities and planet — the retailer will utilize its people’s talents and its heritage to create positive environmental and social impacts by 2025. To diversify its company leadership, Macy’s goal is to achieve a 30% ethnically diverse representation at the director level and above by 2025.

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Victoria’s Secret Aims for $7.3B in Sales by 2025 as Brand Continues Image Overhaul

Retail TouchPoints

billion in sales by 2025. Led by our two category-defining brands and a global business positioned to increase market share, our goal is clear — to be the world’s leading fashion retailer of intimate apparel,” said Martin Waters, CEO at Victoria’s Secret in a statement. Victoria’s Secret revealed during its Oct. billion in 2019 to $6.6

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Westfield London Expands Offerings in Beauty, Wellness, Fashion, and Leisure

365 Retail

Unibail-Rodamco-Westfield (URW) today announced a series of new signings at Westfield London, enhancing its offerings in beauty and wellness, fashion, leisure, and food & beverage sectors. Additionally, men’s fashion brand Dan John and women’s fashion retailer Subdued are set to open this spring.

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Guess?, WHP Global Team Up to Buy Rag & Bone

Retail TouchPoints

has partnered with the global brand management firm WHP Global — which owns the Toys ‘R’ Us and Babies ‘R’ Us brands as well as a stake in Express — to acquire the New York-based fashion brand Rag & Bone. 2025 fiscal year, in March 2025. The deal is expected to close during Q1 of the Guess? in a statement. “It

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LensCrafters Promotes Eye Health with Second Season of Immersive Roblox Odyssey

Retail TouchPoints

Playing will be enhanced by the creation and release of dedicated digital fashion and vision accessories, such as Color Vision Glasses and an Eye Tracking Eyeball, which can be redeemed at the end of the season.

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Nordstrom Accentuates Brand Diversity with Folklore Group Partnership

Retail TouchPoints

Nordstrom will work with The Folklore Group to better identify and engage with fashion and lifestyle brands founded by Black, Latinx, Asian and other people of color as well as those located in emerging markets.

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Estée Lauder to Acquire TOM FORD in $2.8B Deal

Retail TouchPoints

Existing TOM FORD partners Ermenegildo Zegna Group , which produces the brand’s fashion, and Marcolin S.p.A , which manages its eyewear, will enter long-term license agreements with ELC. billion with a combination of cash and debt, and $300 million in deferred payments due by July 2025. ELC will pay $2.3

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