Beverly Hills

ATLANTA — Newell Rubbermaid has announced the sale of its Teach platform, including the Mimio and Headsprout interactive teaching technology brands, to Skyview Capital, LLC, a Beverly Hills, Calif.,...

New York -- Saks Fifth Avenue announced Monday that John Cruz has been named SVP and director of the New York City flagship store, effective April 29. Cruz currently serves as VP and general manager of the company’s Beverly Hills store. He has worked at...

London-based Burberry has signed a lease for 301 N. Rodeo Dr., according to www.wwd.com. The Beverly Hills flagship is scheduled to open in 2014, when Burberry plans to close its nearby location at 9560 Wilshire Blvd. The new store will feature the...

New York -- Marimekko will open a flagship in the heart of Beverly Hills, Calif., on Nov. 15. The 5,000 -sq.-ft. store will feature the entire range of Marimekko products, from signature fashions to home furnishings and textiles, as well as a showroom to...

Barneys New York announced that it's reached an agreement with the company's largest lender, Perry Capital, its sponsor, Istithmar World, and certain of its other lenders to significantly reduce the company's debt and improve its capital structure. The transaction provides Barneys with significant financial flexibility to prioritize its investment in its operations and grow the business. As part of the agreement, Perry Capital and The Yucaipa Companies have partnered to convert debt for equity in order to reduce Barneys' long-term debt from $590 million to $50 million. As a result, Perry Capital has become the majority owner of Barneys.