Combs founded the fashion and lifestyle brand in 1998
The SoHo location will inform the need for future, possibly larger, locations
Retailer also promotes two execs from within its ranks
The $12.3 billion brand operates 2600 stores globally
The upscale concept has proven popular with more affluent shoppers
The 20,000-square-foot space will feature experiential and interactive elements
Letters sent to nine major companies requesting more info
Marta Ortega will become chairwoman on April 1
Brett Biggs will leave the company after assisting with transition
Estimates places total sales at about $10.8 billion
Conversation to focus on supply chain challenges
Consumer shopping earlier due to supply chain, COVID worries
The 41-year-old had battled cancer privately for years
Labor shortages have made it difficult for retailers to hire seasonal help
Retailer adopts strategy to create new formats, reduce density
Chief operating officer, chief marketing officer and chief digital officer join brand
Starbucks Pickup with Amazon Go delivers convenience and connection
Landlord to redevelop building as office space, some retail
Supply chain snarls and climate change compounded by higher demand
Rodrigo Brumana joins the online luxury reseller effective Dec. 1