Best Buy cautioned investors that its profitability over the next six months will suffer due to shrinking sales. Online competition and stores such as Wal-Mart and Target continue to put pressure on the electronics retailer.
Chanel CEO Maureen Chiquet was fueled by passion for creating beauty when she walked out of her LSAT test to pursue a career in the male-dominated beauty industry. As CEO, she said she has made an effort at Chanel to empower other women in the field, hailing "feminine" characteristics as valuable leadership skills.
Professionals without college degrees can increase their income by an average of 20% by getting a training certificate in an area such as computer and information services, transportation and business, finds a Georgetown University study. The study also found the increase was more likely in male-dominated fields than those mostly populated by women.
Debenhams' new Sport & Leisure concept will be available online and in stores starting July 26. Research found that customers are shifting from traditional sports retailers to more fashion-focused offers, the UK department store said. "We designed the Sport & Leisure division to give customers an alternative to the sometimes intimidating, male-dominated sports stores currently available on the high street," Debenhams Deputy CEO Michael Sharp said. "Our research found a distinct gap in the sports market."
Although the number of women playing online games outnumbers men, the gaming industry continues to be a male-dominated arena. "A lot of people's perception is that IT is for boys," said one producer, who noted that women developed just 18% of games.