Barneys

Abercrombie & Fitch's idealized (and expensive) version of perpetual youth has worn thin among cash-strapped consumers, threatening the company's sales, stock price, and prospects.

Neiman-Marcus, suffering from plummeting profits over the last year, has announced a major change in its marketing approach. Rather than positioning itself as a price-is-no-object retailer, it will now begin offering lower-priced goods and promotional marketing events. By doing so, the company...

Ever since last year's Beijing Olympics, pundits have been predicting that China will be the next great consumer economy. However, the successes and failures of companies that have tried to penetrate the Middle Kingdom suggest that China is not yet ready to emerge as a worldwide market leader. Pace...