OHEMGEE!!! Friday is here again!
JC Penney has some rather influential friends in it's corner.
Nina Garcia tweeted a positive message regarding the retailer and KERPOW the stock ticker popped up 10%! Nina signed on as the JC Penney "Style Voice and Fashion Collection Currator" on July 18th (see full press release here). But it was the power of her tweet that sent the JC Penney stock waaaaaay up - bet the executive team that brought in the mighty Nina Garcia are pleased as punch with themselves!
Joe Fresh (Canadian H&M-esque retailer) has signed on to be part of the instore boutiques to be launched in the new & improved J.C. Penney stores.
Seems as though JC Penney wasn't kidding around about completely changing the way they deliver retail. reversecommuter is intrigued and thought it might be interesting to casually track the stock's performance. The ticker is JCP. This should be fun!
Diego Della Valle, the owner of Tod's (Italy's butter soft luxury shoe and bag company) is shelling out 21 MILLION Euros to restore the Colisseum in Rome.
I wonder where he is going to put the little nobs?
Happy Happy Weekend! XO reversecommuter