Bruce Nordstrom, pioneering retail leader, dies at 90
The U.S. department store chain’s former chairman passed away in his Seattle home, leaving behind a towering legacy in luxury distribution.
The U.S. department store chain’s former chairman passed away in his Seattle home, leaving behind a towering legacy in luxury distribution.
Debuting May 27, the U.S. department store chain has partnered with Harlem’s Apollo Theater and the West Village’s Café Dante alongside other iconic destinations in the city.
The U.S. department store chain is forming a special committee to explore the possibility as American retail struggles to find its footing.
Luxury Daily’s live news: Zegna Group continues climb after NYSE listing, revenues up 15.5pc in 2022; Nordstrom, Fashion Scholarship Fund announce inaugural ‘Made Scholars’ class; Sotheby’s to bring largest ruby in auction stage history to New York City sale; Clé de Peau Beauté pledges $8.7M towards gender equity gap in renewed UNICEF partnership.
Luxury Daily’s live news: Zegna Group continues climb after NYSE listing, revenues up 15.5pc in 2022; Nordstrom, Fashion Scholarship Fund announce inaugural ‘Made Scholars’ class; Sotheby’s to bring largest ruby in auction stage history to New York City sale; Clé de Peau Beauté pledges $8.7M towards gender equity gap in renewed UNICEF partnership.
Nordstrom has named six sustainability-minded scholars from diverse backgrounds to its inaugural FSF x Nordstrom Made class.
Luxury Daily’s live news: Burberry book dresses British history in signature check; Mercedes-Benz launches youth fellowship with proceeds from rare prototype; Nordstrom loses $81 million y-o-y in Q4, meets adjusted fiscal outlook; David Yurman names actress Chandler Kinney as latest Gen Z ambassador; Deloitte unveils immersive experience at global telecommunications conference.
Luxury Daily’s live news: Burberry book dresses British history in signature check; Mercedes-Benz launches youth fellowship with proceeds from rare prototype; Nordstrom loses $81 million y-o-y in Q4, meets adjusted fiscal outlook; David Yurman names actress Chandler Kinney as latest Gen Z ambassador; Deloitte unveils immersive experience at global telecommunications conference.
U.S. department store chain Nordstrom reported net earnings of $119 million in its fourth quarter which ended Jan. 28, down from $200 million in the period prior.
Luxury Daily’s live news: Rolls-Royce enters all-electric era with debut EV; Nordstrom loses chief financial officer Anne Bramman; Telfar tops Hermès in resale value retention for first time: Rebag; Lexus partners with designer Harris Reed, outfits new RX with ‘Ruby Red Rims’; Goat Group acquires luxury marketplace Grailed; Luxury Daily’s Women to Watch 2023 now live.