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The fair arrives as galleries, braving a downturn, find new ways to collaborate.
...Additional reporting by Joshua Franklin and Jennifer Hughes in New York...
...The pipeline of Chinese groups seeking large New York listings has been limited since the disastrous IPO of ride-hailing group Didi in 2021, which was forced by Beijing to delist over data security concerns...
...Macy’s rejected the activists’ $5.8bn offer in January and instead implemented a turnaround strategy under which 20 per cent of its stores will be closed by the end of 2026....
...The New York-based company, which operates 718 stores, announced it would close 150 “underproductive” locations, starting with 50 by the end of this year....
...Analysts think the property portfolio could be worth anywhere between $6bn to $12bn, with Macy’s flagship Herald Square store in New York City the crown jewel....
...Macy’s reported third-quarter earnings of 15 cents a diluted share....
...New York’s highest court has overturned Harvey Weinstein’s conviction for sex crimes and rape, and ordered a new trial for the once-powerful film mogul whose reported abuse of women fuelled the #MeToo movement...
...Many assumed Isabel Wilkinson Schor’s New York-based womenswear line Attersee was a natural outcome of her years-long proximity to fashion brands – after all, she worked as T Magazine’s digital director,...
...The chain received a $5.8bn leveraged buyout bid this month from an investor group that may be interested in its property, including its flagship store in New York City....
...Other companies: Constellation Energy, JM Smucker, Norwegian Cruise and Macy’s report earnings before the bell. Cava, eBay and Bumble will report after the bell....
...Macy’s stock gained 19 per cent Monday on news of the $21-per-share offer from Brigade Capital Management and Arkhouse Management....
...Hints of secrecy and rituals of exposure intensify delight. Renaissance connoisseurs understood the mystique of building up suspense just for the satisfaction of quenching it....
...Proper understanding of the power asset managers have is central to the importance of what secretary Kerry rightly laments in this article. Ashley HarrisNew York, NY, US...
...Share moves to note on the New York Stock Exchange include Macy’s, Cigna, and Tesla: Macy’s surged 20 per cent following reports the department store operator was the subject of a potential $5.8bn buyout...
...This article is part of FT Globetrotter’s guide to New York Manhattan may be full of smart wine bars and restaurants with impressive cellars, but one of the best ways to imbibe in New York is to visit one...
...Shares in Accenture fell 8 per cent in early trading in New York, the biggest drop since the beginning of the Covid-19 pandemic in 2020....
...New York City and other parts of the northeastern US were shaken on Friday following an earthquake in northwestern New Jersey....
...Scenes from that great escape irradiate the Morgan Library in New York’s mini retrospective of Walton Ford, our finest living painter of animals....
...The stock closed at $50.44 after trading began on Thursday at the New York Stock Exchange under the ticker RDDT, up 48 per cent from its IPO price of $34 a share....
...The New York Philharmonic’s Project 19 is an initiative to commission new music from women composers to honour the centennial of the 1920 passage of the 19th amendment to the US constitution, giving women...
...And too many of these story lines start and end with New York and New Yorkers....
...Mario J Rizzo Professor of Economics, New York University, New York, NY, US Letter in response to this letter: Take 4: female economists / From Giles Conway-Gordon, Ronan, MT, US...
...The biggest of these — Macy’s, Nordstrom and Kohl’s — do not own their credit card portfolios....
...The outcome of that challenge has no bearing over the New York case, which has been brought under state rather than federal law....
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