The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
finance
Financial Markets
Inditex Profit Rises at Fastest Pace in Three Years on Expansion
Inditex SA reported its fastest annual profit growth in three years as it added stores and expanded online sales.
Inditex Profit Rises at Fastest Pace in Three Years on Expansion
Inditex SA reported its fastest annual profit growth in three years as it added stores and expanded online sales.
Financial Markets
Burberry Surges Amid Reports of Potential Takeover Bid
Burberry Group Plc rose as much as 5 percent on speculation that the UK’s biggest luxury-goods producer is setting up defenses against a potential takeover offer.
Burberry Surges Amid Reports of Potential Takeover Bid
Burberry Group Plc rose as much as 5 percent on speculation that the UK’s biggest luxury-goods producer is setting up defenses against a potential takeover offer.
Financial Markets
Urban Outfitters Beats 4Q Profit Forecasts
Urban Outfitters Inc. on Monday reported fiscal fourth-quarter earnings of $72.9 million. The results exceeded Wall Street expectations.
Urban Outfitters Beats 4Q Profit Forecasts
Urban Outfitters Inc. on Monday reported fiscal fourth-quarter earnings of $72.9 million. The results exceeded Wall Street expectations.
Financial Markets
Moncler Rises After Skiwear Maker’s 2015 Earnings Beat Estimates
Moncler SpA shares approached a three-month high after the Italian skiwear maker reported 2015 sales and earnings that beat analysts’ and said it’s confident of further growth this year.
Moncler Rises After Skiwear Maker’s 2015 Earnings Beat Estimates
Moncler SpA shares approached a three-month high after the Italian skiwear maker reported 2015 sales and earnings that beat analysts’ and said it’s confident of further growth this year.
Financial Markets
Gap Reports 2 Percent Drop in Revenue Measure for February
Gap Inc. is reporting a 2 percent drop in a key revenue measure for February, dragged down by weakness at its Banana Republic stores.
Gap Reports 2 Percent Drop in Revenue Measure for February
Gap Inc. is reporting a 2 percent drop in a key revenue measure for February, dragged down by weakness at its Banana Republic stores.
Financial Markets
Adidas Sees 10 to 12 Percent Earnings Growth as Consumers Spend More
Adidas AG, the German sport-shoe maker, forecast an increase in earnings this year as consumers spend more, making it easier to sell higher-priced goods and offset rising costs.
Adidas Sees 10 to 12 Percent Earnings Growth as Consumers Spend More
Adidas AG, the German sport-shoe maker, forecast an increase in earnings this year as consumers spend more, making it easier to sell higher-priced goods and offset rising costs.
Financial Markets
Abercrombie & Fitch Posts Unexpected Rise in Comparable Sales
Abercrombie & Fitch Co reported a surprise increase in quarterly sales at established stores due to demand for its Hollister branded clothing and strong online sales in the holiday shopping season.
Abercrombie & Fitch Posts Unexpected Rise in Comparable Sales
Abercrombie & Fitch Co reported a surprise increase in quarterly sales at established stores due to demand for its Hollister branded clothing and strong online sales in the holiday shopping season.
Financial Markets
Luxottica Falls in Milan After Lowering Earnings Growth Outlook
Luxottica Group SpA fell in Milan after it curbed its earnings growth outlook as it invests more than $1.6 billion to revitalize and expand its business.
Luxottica Falls in Milan After Lowering Earnings Growth Outlook
Luxottica Group SpA fell in Milan after it curbed its earnings growth outlook as it invests more than $1.6 billion to revitalize and expand its business.
Financial Markets
Luxottica Earmarks More Than $1.6 Billion to Speed Up Expansion
Luxottica Group SpA will seek to accelerate growth by investing more than $1.63 billion over the next three years after sales and earnings reached record levels in 2015.
Luxottica Earmarks More Than $1.6 Billion to Speed Up Expansion
Luxottica Group SpA will seek to accelerate growth by investing more than $1.63 billion over the next three years after sales and earnings reached record levels in 2015.
Financial Markets
Kate Spade's Same-Store Sales Top Expectations
Kate Spade & Co reported better-than-expected quarterly sales at established stores, driven by demand for its Kate Spade New York line of products.
Kate Spade's Same-Store Sales Top Expectations
Kate Spade & Co reported better-than-expected quarterly sales at established stores, driven by demand for its Kate Spade New York line of products.
Financial Markets
JD.Com's Revenue Growth Beats Expectations
JD.com has reported better than expected revenue growth in the last three months of 2015 as volume sales on its platforms jumped despite China's economic slowdown.
JD.Com's Revenue Growth Beats Expectations
JD.com has reported better than expected revenue growth in the last three months of 2015 as volume sales on its platforms jumped despite China's economic slowdown.
Financial Markets
Zalando Forecasts 2016 Revenue Growth Near Top End of Range
Zalando SE forecast sales growth near the high end of its projected range this year as it gains more customers.
Zalando Forecasts 2016 Revenue Growth Near Top End of Range
Zalando SE forecast sales growth near the high end of its projected range this year as it gains more customers.
The News in Brief
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Kimberly-Clark Prepares Asset Sales to Win EU Nod for Kenvue Deal
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.