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$PVH's first offerings of the Tommy Hilfiger women's categories newly licensed to $GIII are expected to be launched for 2016 holiday season. The deal has an initial term of 5 years and a renewal term of 4 years. $M will continue to be Tommy Hilfiger's main retailer in the US, and men's and women's sportswear will remain $M's exclusive offering.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.