Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
San Jose, United States
Technology
Paypal to Buy Money-Saving Platform Honey for $4 Billion
The deal with the platform, which finds and applies coupon codes on popular sites, is expected to add to PayPal's adjusted profit in 2021.
Paypal to Buy Money-Saving Platform Honey for $4 Billion
The deal with the platform, which finds and applies coupon codes on popular sites, is expected to add to PayPal's adjusted profit in 2021.
Retail
EBay CEO Steps Down Amid Ongoing Operating Review
Devin Wenig took over in 2015 and made bold promises of returning the marketplace to prominence, but the results have been slow going.
EBay CEO Steps Down Amid Ongoing Operating Review
Devin Wenig took over in 2015 and made bold promises of returning the marketplace to prominence, but the results have been slow going.
News & Analysis
eBay Is Planning New Shipping Service to Challenge Rival Amazon
The e-commerce platform will debut its “Managed Delivery” service in 2020 to compete with Amazon's fulfillment service.
eBay Is Planning New Shipping Service to Challenge Rival Amazon
The e-commerce platform will debut its “Managed Delivery” service in 2020 to compete with Amazon's fulfillment service.
News & Analysis
Elliott Says Urgent Changes Are Needed at eBay in Letter to Board
The management company, which owns more than 4 percent of eBay, proposed a five-step plan for boosting the online marketplace's value.
Elliott Says Urgent Changes Are Needed at eBay in Letter to Board
The management company, which owns more than 4 percent of eBay, proposed a five-step plan for boosting the online marketplace's value.
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News & Analysis
EBay's Slow Growth Leaves Investors Rattled
The company forecast adjusted profit in the current quarter of 46 cents to 48 cents a share, compared with analysts’ average estimate of 49 cents.
EBay's Slow Growth Leaves Investors Rattled
The company forecast adjusted profit in the current quarter of 46 cents to 48 cents a share, compared with analysts’ average estimate of 49 cents.
News & Analysis
Ebay Struggles With Turnaround as Amazon Holds Sway
Ebay is looking to speed up sales growth, which has lagged behind Amazon and faces increasing pressure as Walmart invests in online sales.
Ebay Struggles With Turnaround as Amazon Holds Sway
Ebay is looking to speed up sales growth, which has lagged behind Amazon and faces increasing pressure as Walmart invests in online sales.
News & Analysis
EBay Gets Hands-On in Fighting Fake Handbags With New Service
EBay is following online luxury consignment startup The RealReal Inc. in San Francisco, which authenticates items and said it sold almost $400 million in second-hand designer apparel, handbags, jewellery and other merchandise in 2016.
EBay Gets Hands-On in Fighting Fake Handbags With New Service
EBay is following online luxury consignment startup The RealReal Inc. in San Francisco, which authenticates items and said it sold almost $400 million in second-hand designer apparel, handbags, jewellery and other merchandise in 2016.
Financial Markets
EBay Tops Third-Quarter Forecasts
EBay Inc. reported third-quarter profit of $413 million and revenue of $2.22 billion.
EBay Tops Third-Quarter Forecasts
EBay Inc. reported third-quarter profit of $413 million and revenue of $2.22 billion.
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Financial Markets
Ebay Attracts More Shoppers, Earnings Beat Expectations
Ebay Inc has reported better-than-expected quarterly earnings and has raised its full-year revenue forecast as a revamped shopping platform attracting more buyers, mitigating growth concerns following its spinoff of PayPal Holdings Inc.
Ebay Attracts More Shoppers, Earnings Beat Expectations
Ebay Inc has reported better-than-expected quarterly earnings and has raised its full-year revenue forecast as a revamped shopping platform attracting more buyers, mitigating growth concerns following its spinoff of PayPal Holdings Inc.
Financial Markets
EBay Gives Disappointing Forecast, Shares Fall
EBay Inc forecast lower-than-expected revenue and profit for the current quarter and full year, as the e-commerce company struggles against a strong dollar and stiff competition from Amazon.com Inc.
EBay Gives Disappointing Forecast, Shares Fall
EBay Inc forecast lower-than-expected revenue and profit for the current quarter and full year, as the e-commerce company struggles against a strong dollar and stiff competition from Amazon.com Inc.
Global Markets
EBay Going It Alone Challenges CEO Wenig in Competitive Market
EBay Inc.’s separation from PayPal casts the online marketplace into an environment where the stakes are much higher as Amazon.com Inc. and Alibaba Group Holding Ltd. battle for global supremacy.
EBay Going It Alone Challenges CEO Wenig in Competitive Market
EBay Inc.’s separation from PayPal casts the online marketplace into an environment where the stakes are much higher as Amazon.com Inc. and Alibaba Group Holding Ltd. battle for global supremacy.
Technology
EBay’s Repatriated Cash Opens Doors to Buy Square to Stripe
SAN JOSE, United States — EBay Inc.'s move to bring home part of its international cash hoard opens the door for it to do multibillion-dollar
EBay’s Repatriated Cash Opens Doors to Buy Square to Stripe
SAN JOSE, United States — EBay Inc.'s move to bring home part of its international cash hoard opens the door for it to do multibillion-dollar
The News in Brief
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.
Skincare Brand Prequel Appoints C-Suite
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.
Moncler Group Second-Quarter Sales Rise 5% as Stone Island Brand Outperforms
Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.
Mulberry Quarterly Sales Jump 23% as Turnaround Gathers Pace
The British luxury handbag maker reported a strong start to fiscal 2027 as CEO Andrea Baldo’s strategy gains traction and the brand gears up for designer Christopher Kane’s runway debut in September.
Phillip Lim Announces New Brand PlayLoveWin
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.