Home

Tags

Nordstrom

Nordstrom news and archive

Nordstrom names new chief human resources officer

American department store chain Nordstrom has named Farrell Redwine as its new chief human resources officer. She will join the executive team and report to Nordstrom CEO Erik Nordstrom. Redwine joined Nordstrom in 2016 and has held various leadership roles throughout her tenure, most recently overseeing centers of excellence for the entire...

Jul 20, 2021

Management

Nordstrom buys stake in four Asos brands including Topman, Topshop

Asos has formed a joint-venture with US-based multi-channel retailer, Nordstrom, which will invest for a minority interest in the Topshop, Topman, Miss Selfridge and HIIT brands. The company said in a release that this joint-venture will help drive the growth of these brands and paves the way for exploration of a new wider strategic partnership...

Jul 12, 2021

Retail

Nordstrom takes 15 Percent Pledge

American department store chain Nordstrom has become the first retailer to sign a 10-year agreement with Aurora James 15 Percent Pledge, the organization founded to address racial inequality in the retail industry. The department store chain has committed to a tenfold increase in purchases from and partnerships with Black-owned and Black-founded...

Jul 10, 2021

Management

Nordstrom confirms improved sales trends in Q1

Nordstrom, Inc. reported a pre-tax loss of 85 million dollars and loss per diluted share of 1.05 dollars. Net sales for the quarter increased 44 percent compared to first quarter of fiscal 2020 and decreased 13 percent from the same period in fiscal 2019. “We are encouraged by sales trends both in our stores and our digital business, supported...

May 26, 2021

Retail

Wildfang and Nordstrom launch gender-smashing collection

Gender neutral fashion is becoming a growing trend, and Nordstrom has partnered with Wildfang to continue capitalizing on this movement. Next week, May 24, Wildfang, an inclusive brand that offers gender fluid styles will be entering an ongoing collaboration to bring gender-smashing outfits to Nordstrom’s customers. Rather than describing the...

May 21, 2021

Retail

Nordstrom celebrates Pride with commitment to the transgender community

As part of Pride month, Nordstrom will be providing a grant to the Trans Lifeline x FOLX Hormone Replacement Therapy (HRT) Care Fund, to support transgender, nonbinary and gender nonconforming individuals. For anyone struggling to access hormone care, this fund will underwrite their choice of Hormone Replacement Therapy (HRT) care through FOLX,...

May 17, 2021

Fashion

Nordstrom introduces in-house brand Open Edit

Department store retailer Nordstrom has launched an in-house brand titled Open Edit featuring apparel for women, men, and kids. The collection consists of apparel, shoes, jewelry, and accessories emphasizing size-inclusive ranges from xxs-3x. Pieces in the collection were produced using organic cotton or recycled material such as polyester, or...

Apr 26, 2021

Fashion

Nordstrom provides grant funding for textile recycling

Nordstrom Inc. has announced its sustainability initiatives, including grant funding for textile recycling and flighting climate change, along with reducing its carbon footprint and eliminating plastic gift cards. Nordstrom stated it is committed to contributing 1 million dollars in corporate grants to support industry innovation for textile...

Apr 20, 2021

Business

Nordstrom announces closing of 675 million dollars of unsecured notes

Nordstrom, Inc. closed on its previously announced offering of a 250 million dollar aggregate principal amount of its 2.300 percent Senior Notes due 2024 and a 425 million dollar aggregate principal amount of its 4.250 percent Senior Notes due 2031. The company will use the net proceeds from the sale of the Notes, together with cash on hand, to...

Apr 9, 2021

Fashion

Nordstrom collaborates with Dover Street Market Paris

American department store chain Nordstrom has partnered with Comme des Garçons owned concept store Dover Street Market Paris to highlight emerging designers in the fashion industry. The collaboration will feature seven individual up-and-coming brands curated by Dover Street that introduce their spring/summer 2021 collections in select Nordstrom...

Apr 8, 2021

Retail

Nordstrom expands recycling program to Canada

American department store giant Nordstrom has become the first major retailer in Canada to offer a recycling program called Beautycycle that allows customers to return hard-to-recycle beauty packaging. Starting today, customers can bring empty cosmetics, haircare, or skincare packaging, regardless of brand or purchase location, to a Nordstrom...

Apr 6, 2021

Fashion

Nordstrom expanse activewear offerings and digitally led fitness gear

After an increase in demand for activewear, department store giant Nordstrom has introduced a dynamic site experience to better help customers. Nordstrom’s new site features enable curated searches for active brands by activity or category, in addition to discovering fitness and wellness advice, expert tips, product and performance guides. Users...

Mar 30, 2021