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Balmain's Majority Owner Dies, Bebe Is The Latest Retailer to Faces Data Breach

On the bright side, Shinola is opening more stores.

The majority owner of Balmain, Alain Hivelin, died in Paris on Thursday from a sudden illness. Seventy-nine-year-old Hivelin was instrumental in the brand’s recent revamp and global expansion and had a strong rapport with designers like the late Oscar de la Renta, who was the house’s last couturier, as well as with current creative director Olivier Rousteing. The charismatic leader leaves Balmain on a positive growth trajectory with stores in London and Paris set to open in the next year and a possible perfume and eyewear line in the works. {WWD}

If you bought something at Bebe last month you might want to check your credit card statements. The retailer confirmed that it is the latest store to be hit with a credit card data breach. Data was acquired from the store’s payment processing system between Nov. 8 and Nov. 26, the day before Thanksgiving. The data stolen potentially includes cardholder names, account numbers and confirmation codes. Bebe would not specify how many shoppers the breach might affect but said the hack applied to the 175 stores and 35 outlets in the U.S., Puerto Rico and the U.S. Virgin Islands. It did not affect Bebe's website nor its 11 stores in Canada. {WWD}

Shinola is continuing to grow beyond its Detroit borders. After opening six locations spanning from L.A. to London, the watch and leather goods company announced it will be opening six more stores in the U.S., including one in Chicago. Shinola expects to earn around $60 million in sales this year with most coming from store locations and e-commerce. {WWD}

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