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
J.C. Penney Same-Store Sales Rise 3.9 Percent in November-December
J.C. Penney Co Inc's same-store sales rose 3.9 percent in November and December due to strong demand for its private-label offerings and gift products and higher online sales.
J.C. Penney Same-Store Sales Rise 3.9 Percent in November-December
J.C. Penney Co Inc's same-store sales rose 3.9 percent in November and December due to strong demand for its private-label offerings and gift products and higher online sales.
Financial Markets
French Authorities Investigating Karl Lagerfeld's Taxes
French authorities are investigating Karl Lagerfeld's taxes as the designer is suspected of having hidden more than 20 million euros (approximately $22 million) using complex transactions between various companies.
French Authorities Investigating Karl Lagerfeld's Taxes
French authorities are investigating Karl Lagerfeld's taxes as the designer is suspected of having hidden more than 20 million euros (approximately $22 million) using complex transactions between various companies.
Financial Markets
Fast Retailing Cuts Operating Profit Forecast on Warm Weather
Fast Retailing Co. cut its full-year operating profit forecast as unseasonably warm weather in its Japanese home market hurt sales of winter clothes for the retailer’s Uniqlo brand of casual wear.
Fast Retailing Cuts Operating Profit Forecast on Warm Weather
Fast Retailing Co. cut its full-year operating profit forecast as unseasonably warm weather in its Japanese home market hurt sales of winter clothes for the retailer’s Uniqlo brand of casual wear.
Financial Markets
Macy’s Plans to Slash Jobs After Sales Tumble More Than Forecast
Macy’s Inc. announced plans to fire or relocate about 3,000 workers after suffering a worse holiday period than it predicted.
Macy’s Plans to Slash Jobs After Sales Tumble More Than Forecast
Macy’s Inc. announced plans to fire or relocate about 3,000 workers after suffering a worse holiday period than it predicted.
Financial Markets
How Yves Salomon Transformed Its Business with One Coat
Much in thanks to the success of its youthful, fashion-driven Army jacket, the furrier saw record sales in 2015.
How Yves Salomon Transformed Its Business with One Coat
Much in thanks to the success of its youthful, fashion-driven Army jacket, the furrier saw record sales in 2015.
Financial Markets
John Lewis Provides Holiday Cheer as Store’s Online Sales Soar
John Lewis captured British shoppers’ online buying habits over Christmas, fueling sales growth at the UK department-store chain.
John Lewis Provides Holiday Cheer as Store’s Online Sales Soar
John Lewis captured British shoppers’ online buying habits over Christmas, fueling sales growth at the UK department-store chain.
Financial Markets
Next Christmas Season Sales Miss Estimates on Warm Weather
Next Plc started the Christmas reporting season for UK clothing retailers on a sour note by disclosing revenue that missed analysts’ estimates and saying profit will come in at the bottom of its forecast range.
Next Christmas Season Sales Miss Estimates on Warm Weather
Next Plc started the Christmas reporting season for UK clothing retailers on a sour note by disclosing revenue that missed analysts’ estimates and saying profit will come in at the bottom of its forecast range.
Financial Markets
Lululemon Rises After Analyst Predicts Rebound in Profit Margins
Lululemon Athletica Inc. shares gained as much as 7 percent after Wells Fargo & Co. upgraded the stock, predicting that improvements the company has made to its supply chain should lower costs, reduce discounts and boost profit margins.
Lululemon Rises After Analyst Predicts Rebound in Profit Margins
Lululemon Athletica Inc. shares gained as much as 7 percent after Wells Fargo & Co. upgraded the stock, predicting that improvements the company has made to its supply chain should lower costs, reduce discounts and boost profit margins.
Financial Markets
Nike Sales Rise 4.1 Percent as Demand Jumps in North America
Nike Inc. reported a 4.1 percent rise in quarterly revenue as demand rose for its shoes and apparel in North America.
Nike Sales Rise 4.1 Percent as Demand Jumps in North America
Nike Inc. reported a 4.1 percent rise in quarterly revenue as demand rose for its shoes and apparel in North America.
Financial Markets
Foot Locker, Finish Line Rise as Athletic-Shoe Demand Increases
Athletic-shoe retailers Foot Locker Inc. and Finish Line Inc. climbed in New York trading after a Bank of America Corp. analyst raised his recommendations on the companies.
Foot Locker, Finish Line Rise as Athletic-Shoe Demand Increases
Athletic-shoe retailers Foot Locker Inc. and Finish Line Inc. climbed in New York trading after a Bank of America Corp. analyst raised his recommendations on the companies.
Financial Markets
Rolex Buyers Needn’t Worry as Swiss Put Limit on Anonymous Cash
Switzerland’s government is about to challenge the cash culture with a revised money-laundering law in January that requires due diligence by retailers on all purchases that exceed 100,000 francs — including verifying the buyer’s identity.
Rolex Buyers Needn’t Worry as Swiss Put Limit on Anonymous Cash
Switzerland’s government is about to challenge the cash culture with a revised money-laundering law in January that requires due diligence by retailers on all purchases that exceed 100,000 francs — including verifying the buyer’s identity.
Financial Markets
H&M Blames Warm Weather Across US and Europe for Sales Miss
Hennes & Mauritz AB reported fourth-quarter revenue that missed analysts’ estimates as unseasonably mild weather weighed on demand in North America and Europe.
H&M Blames Warm Weather Across US and Europe for Sales Miss
Hennes & Mauritz AB reported fourth-quarter revenue that missed analysts’ estimates as unseasonably mild weather weighed on demand in North America and Europe.
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.