The News In Brief
Under Armour Surges After Fairfax Financial Discloses 22% Stake
The company is looking to rebound from a challenging year that included a split from NBA star Stephen Curry.
Under Armour Surges After Fairfax Financial Discloses 22% Stake
The company is looking to rebound from a challenging year that included a split from NBA star Stephen Curry.
Reliance Heads for Worst Day Since 2024 on Indian Retail Sector Worries
The tough retail environment was also reflected in Reliance Industries’ rival Tata Group reporting a double-digit decline in average store space revenue for Tata’s fast-fashion unit Trent Ltd. in the December quarter.
Reliance Heads for Worst Day Since 2024 on Indian Retail Sector Worries
The tough retail environment was also reflected in Reliance Industries’ rival Tata Group reporting a double-digit decline in average store space revenue for Tata’s fast-fashion unit Trent Ltd. in the December quarter.
Next Lifts Profit Forecast Again on Strong Holiday Sales
The fashion and homeware company now expects £1.15 billion ($1.6 billion) in pretax profit this fiscal year, up from its October guidance of £1.14 billion.
Next Lifts Profit Forecast Again on Strong Holiday Sales
The fashion and homeware company now expects £1.15 billion ($1.6 billion) in pretax profit this fiscal year, up from its October guidance of £1.14 billion.
Novo Nordisk Launches Wegovy Weight-Loss Pill in US, Triggering Price War
The first and only GLP-1 pill on the market costs significantly less than injectable versions.
Novo Nordisk Launches Wegovy Weight-Loss Pill in US, Triggering Price War
The first and only GLP-1 pill on the market costs significantly less than injectable versions.
The Face Names Jonny Lu Creative Director, Editor-in-Chief Matthew Whitehouse to Exit
The cult British style and culture magazine has also hired five editors at large and announced plans for its first international imprint, The Face China.
The Face Names Jonny Lu Creative Director, Editor-in-Chief Matthew Whitehouse to Exit
The cult British style and culture magazine has also hired five editors at large and announced plans for its first international imprint, The Face China.
Vestiaire Collective Co-Founder Exits
Fanny Moizant, who co-founded the luxury resale site with Sophie Hersan and Sébastien Fabre in 2009, announced her departure on LinkedIn on Monday, saying ‘it was not a decision I initiated.’
Vestiaire Collective Co-Founder Exits
Fanny Moizant, who co-founded the luxury resale site with Sophie Hersan and Sébastien Fabre in 2009, announced her departure on LinkedIn on Monday, saying ‘it was not a decision I initiated.’
Claire’s and The Original Factory Shop Near Collapse
Their owner, the private equity firm Modella Capital, has begun insolvency proceedings for both chains.
Claire’s and The Original Factory Shop Near Collapse
Their owner, the private equity firm Modella Capital, has begun insolvency proceedings for both chains.
China Travel Curbs Hit Japan Duty-Free Sales in December
Japanese department store operators Takashimaya, J Front Retailing and H2O Retailing were among those hit by prolonged geopolitical tensions with China.
China Travel Curbs Hit Japan Duty-Free Sales in December
Japanese department store operators Takashimaya, J Front Retailing and H2O Retailing were among those hit by prolonged geopolitical tensions with China.
Report: Saks in Talks for $1 Billion Bankruptcy Loan to Keep Doors Open
The cash-strapped luxury retailer has been negotiating a forbearance with some of its creditors.
Report: Saks in Talks for $1 Billion Bankruptcy Loan to Keep Doors Open
The cash-strapped luxury retailer has been negotiating a forbearance with some of its creditors.
Saks Global CEO Marc Metrick Steps Down
Executive chairman Richard Baker has been named his successor.
Saks Global CEO Marc Metrick Steps Down
Executive chairman Richard Baker has been named his successor.
Apple Reportedly Cuts Production of Vision Pro Headset After Poor Sales
The company had hoped the virtual reality device would herald a new era in ‘spatial computing’.
Apple Reportedly Cuts Production of Vision Pro Headset After Poor Sales
The company had hoped the virtual reality device would herald a new era in ‘spatial computing’.
Saks Global Prepares for Bankruptcy After Missing Debt Payment
The retailer is in talks with its creditors to secure financing after missing a debt payment tied to its Neiman Marcus acquisition, as reported by The Wall Street Journal.
Saks Global Prepares for Bankruptcy After Missing Debt Payment
The retailer is in talks with its creditors to secure financing after missing a debt payment tied to its Neiman Marcus acquisition, as reported by The Wall Street Journal.