Retail Roundup—Michael Kors wants Jimmy Choo; Signet's new CEO

Woman wearing black high heels

Signet Jewelers appoints new CEO

Signet Jewelers has named Virginia Drosos as the new CEO as Mark Light will retire on July 31. Drosos has served as an independent director of the company’s board since 2012 and has 29 years experience in beauty and consumer goods. (Business Wire)

David’s Bridal extends special offer to affected brides

David’s Bridal will offer discounts and alterations support to brides and bridesmaids affected by the sudden closure of Alfred Angelo stores. Brides who already purchased a dress from a store that closed will receive 30% off, bridesmaids will get 20% off and rushed fees on alterations will be waived. (PR Newswire)

Michael Kors to bid on Jimmy Choo

Michael Kors will bid on Jimmy Choo, which was put up for sale in April by JAB Holding. Others interested in bidding include Hony Capital, a private Chinese equity firm, and CVC Capital Partners. (Sky News)

Jet partners with Latch for city deliveries

Jet, the online retailer recently purchased by Walmart, has partnered with smart access provider Latch to make deliveries in urban areas easier. In New York City, 1,000 buildings will get the “R” system for the exterior door, which means residents can use their phone to let deliveries in without having to walk downstairs. (TechCrunch)

Suggested Articles

Costco changes up its menu items, and Alibaba and Guess partner for a physical store.

Janey Whiteside, Walmart's new chief customer officer, is well acquainted with the importance of customer service in modern retail.

Whole Foods will offer deals on Amazon's Prime Day, and tariffs against China are causing pricing hikes.