Calvin Klein and Tommy Hilfiger are sending a clear signal that Amazon is the future of fashion, and it’s terrible news for department stores

Calvin Klein and Tommy Hilfiger are sending a clear signal that Amazon is the future of fashion, and it’s terrible news for department stores

One of the biggest fashion retailers in the US is going all-in on Amazon, and it’s telling of where fashion is headed. According to a recent report from Nomura, Amazon now offers a bigger selection of Calvin Klein and Tommy Hilfiger clothing than Macy’s and JCPenney do. These brands, both owned by PVH Corp, have historically had a strong presence in department stores. However, Nomura data shows that they are shifting away from this channel in search of greener pastures. While department stores have struggled in recent years, Amazon has…

Read More

Education Department Faces Deep Cuts; DeVos Faces Tough Questions

Education Department Faces Deep Cuts; DeVos Faces Tough Questions

What a week it’s been for education news. Let’s begin NPR Ed’s weekly roundup as the week began, on Monday … DeVos talks choice in Indianapolis It was expected to be an important speech, perhaps the unveiling of President Trump’s long-awaited, $20 billion plan to expand school choice nationally. But that didn’t happen. Instead, when Education Secretary Betsy DeVos took the stage in Indianapolis at the American Federation For Children’s National Policy Summit, she talked philosophy. “It’s fitting that we’re in Indiana, one of the states that is providing real…

Read More