The News In Brief
Mytheresa Parent Company Reports Sales and Profit Declines
LuxExperience reported a 4 percent dip in overall sales as Yoox Net-a-Porter’s declines overshadowed Mytheresa’s continued growth.
Mytheresa Parent Company Reports Sales and Profit Declines
LuxExperience reported a 4 percent dip in overall sales as Yoox Net-a-Porter’s declines overshadowed Mytheresa’s continued growth.
Target Posts Bigger-Than-Expected Drop In Quarterly Sales, Readies for Key Holiday Period
The company has suffered as consumers pull back discretionary spending on apparel and home decor.
Target Posts Bigger-Than-Expected Drop In Quarterly Sales, Readies for Key Holiday Period
The company has suffered as consumers pull back discretionary spending on apparel and home decor.
India’s RPSG Ventures Acquires 40% Stake in Falguni Shane Peacock
The media-to-chemicals conglomerate has valued the luxury fashion brand’s parent FSP Design Private Limited at $54.6 million.
India’s RPSG Ventures Acquires 40% Stake in Falguni Shane Peacock
The media-to-chemicals conglomerate has valued the luxury fashion brand’s parent FSP Design Private Limited at $54.6 million.
Primark Eyes Growth Again in Germany With New Store Openings
The fast-fashion company is attempting a turnaround in the German market with a new strategy, after years of cutbacks and declining sales in the region.
Primark Eyes Growth Again in Germany With New Store Openings
The fast-fashion company is attempting a turnaround in the German market with a new strategy, after years of cutbacks and declining sales in the region.
TJ Maxx Owner Tops Expectations, Signalling More Frugal Shopper
TJX Cos. posted sales last quarter above estimates, suggesting that US shoppers are turning to cheaper options as the economy shows signs of stress.
TJ Maxx Owner Tops Expectations, Signalling More Frugal Shopper
TJX Cos. posted sales last quarter above estimates, suggesting that US shoppers are turning to cheaper options as the economy shows signs of stress.
Leonard Lauder’s Gustav Klimt Painting Sells for $236 Million
Portrait of Elisabeth Lederer, which was looted by the Nazis and nearly destroyed in a fire during the second world war, sells at Sotheby’s auction.
Leonard Lauder’s Gustav Klimt Painting Sells for $236 Million
Portrait of Elisabeth Lederer, which was looted by the Nazis and nearly destroyed in a fire during the second world war, sells at Sotheby’s auction.
Meta Defeats Antitrust Case Over Instagram, WhatsApp Acquisitions
Meta defeated a US attempt to unwind its acquisitions of Instagram and WhatsApp when a federal judge ruled the company does not hold a social media monopoly.
Meta Defeats Antitrust Case Over Instagram, WhatsApp Acquisitions
Meta defeated a US attempt to unwind its acquisitions of Instagram and WhatsApp when a federal judge ruled the company does not hold a social media monopoly.
Google Launches Latest AI Model
Google launched the latest version of its artificial intelligence model, Gemini 3, integrating new capabilities into search from launch and debuting Gemini Agent for multi-step tasks.
Google Launches Latest AI Model
Google launched the latest version of its artificial intelligence model, Gemini 3, integrating new capabilities into search from launch and debuting Gemini Agent for multi-step tasks.
Target Investors Brace for Market Share Drop
Target's third‑quarter results on Wednesday are expected to lay bare the retailer’s struggles amid mounting economic uncertainty, and as cash-strapped Americans slashed discretionary spending during the prolonged government shutdown.
Target Investors Brace for Market Share Drop
Target's third‑quarter results on Wednesday are expected to lay bare the retailer’s struggles amid mounting economic uncertainty, and as cash-strapped Americans slashed discretionary spending during the prolonged government shutdown.
PVH Corp. Announces Finance Chief Zac Coughlin’s Departure
The chief financial officer of Tommy Hilfiger’s parent company will step into his new role at Sirius XM at the start of next year.
PVH Corp. Announces Finance Chief Zac Coughlin’s Departure
The chief financial officer of Tommy Hilfiger’s parent company will step into his new role at Sirius XM at the start of next year.
Temu-Owner PDD Holdings Beats Profit Expectations
The Chinese e-commerce company’s adjusted earnings rose 14 percent as it successfully bolstered demand in its home market.
Temu-Owner PDD Holdings Beats Profit Expectations
The Chinese e-commerce company’s adjusted earnings rose 14 percent as it successfully bolstered demand in its home market.
Novo Cuts US Weight Loss Drug Prices
The Danish drugmaker maker will sell introductory doses of Ozempic and Wegovy for $190 in an effort to compete with Eli Lilly and compounding pharmacies on price.
Novo Cuts US Weight Loss Drug Prices
The Danish drugmaker maker will sell introductory doses of Ozempic and Wegovy for $190 in an effort to compete with Eli Lilly and compounding pharmacies on price.