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☆ The Gap comeback that might actually be working
▼ + stars: | 2024-10-02 | by ( Cathleen Chen | ) edition.cnn.com time to read: +21 min

Designer Zac Posen — now creative director at Gap Inc., at the Vanity Fair Oscar party in March 2024. Danny Moloshok/ReutersSince 2014, the Gap brand has nearly halved its presence in North America, going from 968 stores in the market to 472 as of February. It makes up about 20% of overall Gap Inc. revenue, while Old Navy accounts for more than half. Before Gap, Posen was on track for a similar trajectory to Mizrahi’s. They started by redefining the positioning of each brand: Gap as a pop culture brand.

Persons: CNN — Zac Posen, Richard Dickson, Posen, Donald, Doris Fisher, Mickey Drexler, Drexler, Uniqlo, Zac Posen —, Danny Moloshok, Sonia Syngal, Dickson, Barbie, Troye Sivan, Da’vine Joy, Anne Hathaway, ” Posen, won’t, Zac, Isaac Mizrahi, ”, Gabriella Santaniello, Mizrahi, Zac Born, Saint Ann’s, Lola Schnabel, Julian Schnabel, Lena Dunham, Nicole Miller, Naomi Campbell, Grimm, —, Da'Vine Joy Randolph —, Jamie McCarthy, Yucaipa, Ron Burkle, Sean Combs, Zac Posen, Neiman Marcus —, Zac Posen — that’s, Zac Posen’s, it’s, Paco Rabanne, Patrick Robinson, Ye, Julie Gilhart, Gilhart, ” Dickson, Bernadette Peters, “, Harrison Ball, Ryan Murphy, ’ ”, TJ Maxx, Kennedy, Anne Hathway, Pietro S, Robert, William Fisher, didn’t, Mark Breitbard, Horacio Barbeito, Chris Blakeslee, Goodman, Stephanie Keith, Da’Vine Joy Randolph’s, Sivan, Hathaway, Julia Fox, influencer, Lee Peterson, hasn’t Organizations: The, Fashion, CNN, Old Navy, Inc, New Yorker, Gap Inc, Navy, Banana, Reuters, Mattel, Hollywood, Xcel Brands, QVC, Saint, Metropolitan Museum of Art, Central Saint Martins, New York Times, Centric Brands, Barneys, New York City Ballet, Swans, Disney, rockstar, Old, America ., Collins Group, Vogue, Bloomberg, Council of Fashion Designers of America, New York, Dôen Locations: Posen, San Francisco Bay, New, Banana Republic, Athleta, San Francisco, Oxford, Zara, North America, Asia, China, Republic, New York City, American, London, Bloomsbury, Balthazar, SoHo, Rome, Italy, New York, America, America . Banana

☆ Airline CEO works as a flight attendant and discovers how challenging it is to be 'attentive and charming' to passengers on a night flight
▼ + stars: | 2023-08-23 | by ( Pete Syme | ) www.businessinsider.com time to read: +4 min

The CEO of Lufthansa Airlines wrote a LinkedIn post detailing his experience working as a flight attendant. CEO Jens Ritter said he helped out staff on flights between Germany and the Middle East. AdvertisementAdvertisementThe CEO of Lufthansa Airlines worked as a flight attendant on a round-trip between Germany and the Middle East, serving passengers onboard the German airline. According to a Lufthansa spokesperson, Ritter worked on an outbound and return flight between Frankfurt in Germany and Bahrain. Ritter has been in charge of Lufthansa Airlines since last April.

Persons: Jens Ritter, Ritter, Carsten Spohr, –, Ritter isn't, Greg Foran, Laxman Narasimhan, what's, it's, Lee Peterson Organizations: Lufthansa Airlines, Morning, Lufthansa, Lufthansa Group, Swiss Air, Austrian Airlines, Airbus, LinkedIn, Air New Zealand, NDTV, WD Partners Locations: Germany, East, Frankfurt, Bahrain, Riyadh, Saudia Arabia

The Port of Long Beach is the second-busiest U.S. container terminal and a key driver of economic activity. That industry accounts for about half of the volume at the nation's container ports and is gearing up for back-to-school, Christmas and key sales events. That facility is majority owned by container shipping giant Mediterranean Shipping Company SA (MSC). Pacific Container Terminal, owned by Carrix Inc's SSA Marine, was closed on Monday for normal operational reasons having nothing to do with labor, terminal general manager Randy Galosic told Reuters. Many West Coast terminals are fully or partly owned by those shipping companies.

Persons: Biden, dockworkers, David French, TTI, Lee Peterson, Randy Galosic, Lisa Baertlein, Will Dunham, Chizu Organizations: National Retail Federation, Mediterranean Shipping Company SA, Warehouse Union, Coast, Container, Carrix, SSA, Reuters, ILWU, Long, Thomson Locations: ANGELES, West Coast, Southern California's Port, Long, Oakland , California, California, Washington, TTI, Los Angeles, Oakland, Long Beach, West

☆ Starbucks new CEO wants senior leaders to work in stores. Every leader should follow suit.
▼ + stars: | 2023-04-10 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +7 min

Former Walmart CEO Greg Foran used to visit stores every week to observe factors like customer service, inventory levels, in-stock levels, and assortment. Fewer retail CEOs got their start working in storesLowe's CEO Marvin Ellison started his retail career as a Target security guard. Others went through management-training programs operated by department stores. As department stores started facing stiff competition from specialty stores, they scrambled to cut costs. These days, finding a qualified retail CEO seems like one of the hardest jobs to fill, with many companies looking outside the retail industry.

☆ West Coast port workers force closure of top U.S. shipping gateway - employer group
▼ + stars: | 2023-04-07 | by ( Laila Kearney | ) www.reuters.com time to read: +2 min

April 7 (Reuters) - A shortage of West Coast port workers has forced the busiest U.S. ocean trade gateway to shut on Friday, after months of strained labor negotiations between the dock workers union and their employers. "The action by the union has effectively shut down the ports of Los Angeles and Long Beach," the PMA said in a statement. Port of Los Angeles officials were communicating with the ILWU and PMA, along with federal, state and local officials, to "support a return to normal operations," said the group, which is managed by a unit of the City of Los Angeles. A representative of the ILWU Local 13, which represents workers at both the Los Angeles and Long Beach ports, declined to comment. Reporting by Laila Kearney in New York; editing by Diane CraftOur Standards: The Thomson Reuters Trust Principles.

☆ Top U.S. shipping gateway mostly closes due to port worker shortage - employer group
▼ + stars: | 2023-04-07 | by ( Laila Kearney | ) www.reuters.com time to read: +2 min

April 7 (Reuters) - A shortage of West Coast port workers has forced the busiest U.S. ocean trade gateway to largely shut on Friday, after months of strained labor negotiations between the union dock workers and their employers. The PMA said the missing workers were a result of a coordinated action by the International Longshore and Warehouse Union (ILWU) to withhold labor as contract talks drag on. "The action by the union has effectively shut down the ports of Los Angeles and Long Beach," the PMA said in a statement. Instead, the ILWU said the slowdown was due to thousands of union workers attending a monthly membership meeting on Thursday evening and observing the Good Friday holiday the following day. Port of Los Angeles officials were communicating with the ILWU and PMA, along with federal, state and local officials, to "support a return to normal operations," said the group, which is managed by a unit of the City of Los Angeles.

☆ Starbucks' new CEO plans to spend time working at his company's coffee shops. Here's why every retail leader should take a shift on the sales floor.
▼ + stars: | 2023-04-03 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +7 min

Former Walmart CEO Greg Foran used to visit stores every week to observe factors like customer service, inventory levels, in-stock levels, and assortment. Fewer retail CEOs got their start working in storesLowe's CEO Marvin Ellison started his retail career as a Target security guard. David Swanson/ReutersOf course, times have changed — in the past, many retail CEOs got their start at the store level. As department stores started facing stiff competition from specialty stores, they scrambled to cut costs. These days, finding a qualified retail CEO seems like one of the hardest jobs to fill, with many companies looking outside the retail industry.

☆ J.Crew embarked on a much-hyped comeback after filing for bankruptcy. Retail experts share what the brand needed to do to right the ship — and whether it's working.
▼ + stars: | 2022-12-11 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +7 min

J.Crew embarked on a comeback after filing for bankruptcy in the early months of the pandemic. But hype alone isn't enough: experts say the stores and product needed a revamp, and the brand is now on the right track. J.Crew has since placed a new CEO at the helm — Libby Wadle, who previously oversaw J.Crew's fast-growing sister brand, Madewell. "In our industry, it begins with product," Quan said. Quan said he's cautiously optimistic, saying that the product improvements hint that the brand is on the right track.

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