Author: Andy Polk

“The footwear industry welcomes the news that the U.S. will not pursue any new tariffs on Chinese goods while the two countries seek a negotiated outcome to this protracted trade war,” said Matt Priest, president and CEO of the FDRA....

The business has signed a lease on a new 15,000 sq. ft. office in the Axtell Soho building. The space will house offices, showrooms and design spaces. The new space will also include three completely new floors, external terraces and a landscaped roof garden....

ESL Investments Inc., run by Sears Holdings Corp’s Chairman Eddie Lampert, has offered $4.6 billion to buy the bankrupt retailer. The offer would keep about 500 Sears stores to remain open, according to a letter from his hedge fund filed with the Securities and Exchange...