China's economy grew a faster-than-expected 6.8 percent in the fourth quarter, boosted by higher government spending and record bank lending, giving it a solid tailwind heading into a forecasted turbulent 2017.
Lingerie giant Victoria's Secret, famed for its racy bras and thongs, has pledged to trace the sources of its wood-based fabrics, joining the ranks of fashion companies addressing human rights and deforestation.
The designer partnered with Pottery Barn Kids to launch a capsule collection of home decor for nurseries, playrooms and children's bedrooms. The collaboration marks as Margherita's first foray into children's home goods.
The Minneapolis-based retailer entered into a multi-year partnership with Major League Soccer as part of its push into team sports. Target will also become an official partner of Minnesota United FC and US Youth Soccer.