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Michael Kors, Ralph Lauren Hit Hard by Stores’ Discounting Binge
As retailers rely more heavily on promotions to drive traffic, Michael Kors Holdings Ltd. and Ralph Lauren Corp. have been two of the biggest victims.
How Amazon Values Its Tech Assets for Tax Purposes
Regulators in Europe and the US say that the value Amazon places on the technology behind user experience varies radically depending on which appraisal will lower its tax bill.
Chinese Tourists Set Another Record and Change Shopping in Japan
The spending power of Chinese tourists in Japan is so impressive there is a special word for it: bakugai, or explosive buying.
Fashion’s Fourth Industrial Revolution
The beginnings of a fundamental transformation in the way we create, communicate and consume fashion are already taking shape.
Coty Declines as Investors Wait for Post-P&G Deal Strategy
Coty Inc. shares fell the most in more than seven weeks after the company posted its second straight net loss and investors wait for more insight about its pending merger with Procter & Gamble Co.’s beauty brands.
Can Sexy Sports Bras Help Victoria’s Secret Fend Off New Rivals?
As sales growth is slowing, Victoria’s Secret is ramping up its push to sell both sportswear and bralettes.
Claire’s Corners Bondholders With $800 Million Debt Swap Plan
Claire’s is turning to its creditors to help it avoid becoming the latest mall chain to succumb to a mountain of debt.
Coach’s Profit Exceeds Estimates as New Products Boost Sales
Coach posted fourth-quarter profit that exceeded analysts’ estimates as new products boosted sales.
Shiseido Cuts Forecasts as Stronger Yen and Acquisition Costs Drag Profit
Shiseido lowered its full-year net income forecast 13 percent, missing analysts estimates, as a stronger yen and the costs of its recent acquisitions dragged on profit.
Wal-Mart to Buy Jet.com to Compete with Amazon
Wal-Mart will buy Jet.com for about $3 billion, the largest-ever deal for an e-commerce startup, as it races to build a web business to compete with Amazon.