GLP-1 and Cosmeceutical Skincare Usage Spike Bathroom Mini Fridge Demand
As shoppers incorporate weight-loss drugs and more sophisticated skincare into their daily routines, a cottage industry is growing.
finance
Financial Markets
US Retail Sales Dipped in Dec on Low Gas Prices
Americans tapered off slightly from shopping toward the end of the holiday season as lower gasoline prices cut into overall retail sales in December.
US Retail Sales Dipped in Dec on Low Gas Prices
Americans tapered off slightly from shopping toward the end of the holiday season as lower gasoline prices cut into overall retail sales in December.
Financial Markets
Slump in Hong Kong, Macau Hits Burberry Christmas Sales
Burberry Group Plc reported Christmas revenue that trailed its own forecast, hurt by a slump in demand in Hong Kong and Macau.
Slump in Hong Kong, Macau Hits Burberry Christmas Sales
Burberry Group Plc reported Christmas revenue that trailed its own forecast, hurt by a slump in demand in Hong Kong and Macau.
Financial Markets
Richemont Christmas Season Sales Drop for First Time Since 2008
Richemont, the maker of Cartier jewellery and IWC Schaffhausen timepieces, reported its first decline in Christmas revenue since 2008 amid weak demand for watches in Asia.
Richemont Christmas Season Sales Drop for First Time Since 2008
Richemont, the maker of Cartier jewellery and IWC Schaffhausen timepieces, reported its first decline in Christmas revenue since 2008 amid weak demand for watches in Asia.
Financial Markets
Quiksilver Said to Seek Financing in Bankruptcy Exit Preparation
Quiksilver Inc., the surfwear retailer, is in talks with banks for a loan that would help finance its business after it exits bankruptcy.
Quiksilver Said to Seek Financing in Bankruptcy Exit Preparation
Quiksilver Inc., the surfwear retailer, is in talks with banks for a loan that would help finance its business after it exits bankruptcy.
Financial Markets
Under Armour Tumbles After Analyst Says It Has a Woman Problem
Under Armour Inc. suffered its worst stock decline in more than four months after Morgan Stanley pointed to a market-share decline for the company, especially among women.
Under Armour Tumbles After Analyst Says It Has a Woman Problem
Under Armour Inc. suffered its worst stock decline in more than four months after Morgan Stanley pointed to a market-share decline for the company, especially among women.
Technology
India's Flipkart Rejigs Top Management Ahead of Possible IPO
India's biggest e-commerce company Flipkart's chief executive and co-founder, Sachin Bansal, will step down and be succeeded by its other co-founder Binny Bansal, in a move viewed by some as a step towards a stock market listing.
India's Flipkart Rejigs Top Management Ahead of Possible IPO
India's biggest e-commerce company Flipkart's chief executive and co-founder, Sachin Bansal, will step down and be succeeded by its other co-founder Binny Bansal, in a move viewed by some as a step towards a stock market listing.
Financial Markets
American Apparel Gets $300 Million Bid From Team Backing Charney
American Apparel Inc. received a $300 million takeover bid from an investor group that would bring back controversial founder Dov Charney to the bankrupt clothing chain.
American Apparel Gets $300 Million Bid From Team Backing Charney
American Apparel Inc. received a $300 million takeover bid from an investor group that would bring back controversial founder Dov Charney to the bankrupt clothing chain.
Financial Markets
Pressure Builds on Gucci's Michele to Translate Buzz into Sales
Gucci’s gamble to put Alessandro Michele in charge of its creative turnaround has won praise from the catwalk, but investors are still waiting to see the benefit.
Pressure Builds on Gucci's Michele to Translate Buzz into Sales
Gucci’s gamble to put Alessandro Michele in charge of its creative turnaround has won praise from the catwalk, but investors are still waiting to see the benefit.
Financial Markets
American Eagle Dives After Holiday Sales Fall Short of Estimates
American Eagle Outfitters Inc. suffered its worst stock decline in more than two years after holiday sales missed analysts’ estimates, stoking concerns about a company that had been outshining the rest of the teen-apparel industry.
American Eagle Dives After Holiday Sales Fall Short of Estimates
American Eagle Outfitters Inc. suffered its worst stock decline in more than two years after holiday sales missed analysts’ estimates, stoking concerns about a company that had been outshining the rest of the teen-apparel industry.
Financial Markets
Sports Direct Troubles Mount as Retailer Warns of Profit Slip
Sports Direct International Plc said it’s no longer confident of meeting its full-year earnings target, heaping more misery on the embattled UK retailer.
Sports Direct Troubles Mount as Retailer Warns of Profit Slip
Sports Direct International Plc said it’s no longer confident of meeting its full-year earnings target, heaping more misery on the embattled UK retailer.
Financial Markets
Gap Shares Tumble After Sales Plunge at Once-Hot Old Navy Brand
Gap Inc. fell as much as 9.1 percent in late trading after December sales tumbled at its Old Navy chain, which was long seen as the company’s brightest star.
Gap Shares Tumble After Sales Plunge at Once-Hot Old Navy Brand
Gap Inc. fell as much as 9.1 percent in late trading after December sales tumbled at its Old Navy chain, which was long seen as the company’s brightest star.
Financial Markets
Slumping Currency Holds Silver Lining for Canadian Retailers
The Canadian dollar's plunge to a 12-year low is seen boosting sales for the country's retailers in 2016 as fewer shoppers cross the border south, but profit growth will vary depending on their ability to control import costs and push through price increases.
Slumping Currency Holds Silver Lining for Canadian Retailers
The Canadian dollar's plunge to a 12-year low is seen boosting sales for the country's retailers in 2016 as fewer shoppers cross the border south, but profit growth will vary depending on their ability to control import costs and push through price increases.
The News in Brief
The Met’s Next Fashion Blockbuster Will Spotlight Galliano
The fashion icon, as famous for his singular talent as a scandal that cost him one of the industry’s top jobs, will become one of only three living designers to get a major solo exhibition at the museum.
Abbvie Earnings Beat Estimates as Botox Shows Signs of Revival
Abbvie reported second quarter profit and sales that topped expectations, driven by strong demand across its immunology and neuroscience franchises and further signs of a recovery in Botox.
Puma Results Show Progress on Turnaround
The German sports brand posted a narrower loss in the second quarter as it pushed ahead with an effort to restore growth next year.
DSM-Firmenich’s Fragrance-Led Core Profit Beat Sends Shares Higher
DSM-Firmenich beat market expectations for second-quarter core earnings, said full-year sales growth should reach the upper end of its target range on the back of broad-based volume growth.
Reformation Valued at $886 Million in NYSE Debut
The Permira-backed womenswear retailer and some of its shareholders had raised $211 million in its IPO on Wednesday, with shares opening at $15 apiece.
Puig Reports First-Half Revenue Growth After Estée Lauder Talks End
The Spanish beauty company reported first-half revenue growth on strong demand for makeup from Charlotte Tilbury.
Canada Goose Beats Revenue Estimates as Demand Holds Up
The outerwear brand beat expectations for first-quarter revenue, but new US tariffs on Canadian could affect future earnings.