Harvey Nichols Warns It Could Collapse Without Rescue Deal
The upscale department store says it will not be able to survive another year without new investment, as bidders for the chain circle.
finance
Financial Markets
China's JD.Com Posts 61 Percent Rise in Quarterly Revenues
JD.com Inc. reported a 61 percent year-on-year rise in quarterly revenue, topping expectations, powered by a jump in the number of shoppers and goods bought on its platform.
China's JD.Com Posts 61 Percent Rise in Quarterly Revenues
JD.com Inc. reported a 61 percent year-on-year rise in quarterly revenue, topping expectations, powered by a jump in the number of shoppers and goods bought on its platform.
Financial Markets
Elizabeth Arden reports 4Q loss
Elizabeth Arden Inc. on Thursday reported a loss of $108.1 million in its fiscal fourth quarter. The results fell short of Wall Street expectations.
Elizabeth Arden reports 4Q loss
Elizabeth Arden Inc. on Thursday reported a loss of $108.1 million in its fiscal fourth quarter. The results fell short of Wall Street expectations.
Financial Markets
Michael Kors Beats Earnings Estimates After Overseas Sales Grow
Michael Kors Holdings Ltd. posted first-quarter earnings that topped analysts’ estimates after overseas expansion helped make up for a slump in North America.
Michael Kors Beats Earnings Estimates After Overseas Sales Grow
Michael Kors Holdings Ltd. posted first-quarter earnings that topped analysts’ estimates after overseas expansion helped make up for a slump in North America.
Financial Markets
Adidas Profit Misses Estimates as Demand Lags Last Year’s Cup
Adidas AG reported profit that missed analysts’ estimates as the maker of Lionel Messi soccer cleats couldn’t match demand spurred by last summer’s World Cup.
Adidas Profit Misses Estimates as Demand Lags Last Year’s Cup
Adidas AG reported profit that missed analysts’ estimates as the maker of Lionel Messi soccer cleats couldn’t match demand spurred by last summer’s World Cup.
Financial Markets
Jeff Bezos Sells More Than $500 Million in Amazon Shares
Amazon.com Inc.’s soaring stock price helped to boost proceeds from the sale of 1 million shares by chief executive officer Jeff Bezos this week, helping him reap more than $500 million.
Jeff Bezos Sells More Than $500 Million in Amazon Shares
Amazon.com Inc.’s soaring stock price helped to boost proceeds from the sale of 1 million shares by chief executive officer Jeff Bezos this week, helping him reap more than $500 million.
Financial Markets
Inditex Surge Takes Zara Owner’s Market Value Past $100 Billion
Inditex SA has joined the $100 billion club as this year’s 36 percent gain in the shares gave the Zara owner a market value enjoyed by only about 80 companies worldwide.
Inditex Surge Takes Zara Owner’s Market Value Past $100 Billion
Inditex SA has joined the $100 billion club as this year’s 36 percent gain in the shares gave the Zara owner a market value enjoyed by only about 80 companies worldwide.
Financial Markets
Ralph Lauren Profit Tops Estimates After Push to Reduce Expenses
Ralph Lauren Corp., the upscale apparel company known for Polo and other brands, posted earnings that topped analysts’ estimates after a push to revamp the business and reduce expenses.
Ralph Lauren Profit Tops Estimates After Push to Reduce Expenses
Ralph Lauren Corp., the upscale apparel company known for Polo and other brands, posted earnings that topped analysts’ estimates after a push to revamp the business and reduce expenses.
Financial Markets
Kate Spade Misses Street 2Q Forecasts
Kate Spade & Co. on Wednesday reported second-quarter net income of $8.5 million, after reporting a loss in the same period a year earlier.
Kate Spade Misses Street 2Q Forecasts
Kate Spade & Co. on Wednesday reported second-quarter net income of $8.5 million, after reporting a loss in the same period a year earlier.
Financial Markets
Coach Earnings Beat Estimates After New Items Attract Shoppers
Coach Inc., the largest US luxury-handbag maker, posted fourth-quarter earnings that exceeded analysts’ estimates after new products helped stem a sales decline.
Coach Earnings Beat Estimates After New Items Attract Shoppers
Coach Inc., the largest US luxury-handbag maker, posted fourth-quarter earnings that exceeded analysts’ estimates after new products helped stem a sales decline.
Financial Markets
Slump at Coach and Michael Kors to Continue, Analysts Say
Shares of Coach Inc. and Michael Kors Holdings Ltd. took a hit on Monday after analysts warned that slumping sales will probably continue.
Slump at Coach and Michael Kors to Continue, Analysts Say
Shares of Coach Inc. and Michael Kors Holdings Ltd. took a hit on Monday after analysts warned that slumping sales will probably continue.
Financial Markets
JD Sports Shares Hit Record High as Profit Set to Beat Estimates
JD Sports Fashion Plc, one of the UK’s leading sportswear retailers, rose to the highest since the company’s 1996 initial public offering after saying profit will be ahead of analysts’ projections.
JD Sports Shares Hit Record High as Profit Set to Beat Estimates
JD Sports Fashion Plc, one of the UK’s leading sportswear retailers, rose to the highest since the company’s 1996 initial public offering after saying profit will be ahead of analysts’ projections.
Financial Markets
L’Oreal Sales Trail Estimates as Growth Slows in New Markets
L’Oreal SA reported second-quarter sales that trailed analysts’ estimates as a slowdown in emerging markets led to a worse-than-expected performance in its mass-market and high-end beauty products divisions.
L’Oreal Sales Trail Estimates as Growth Slows in New Markets
L’Oreal SA reported second-quarter sales that trailed analysts’ estimates as a slowdown in emerging markets led to a worse-than-expected performance in its mass-market and high-end beauty products divisions.
The News in Brief
Shein IPO Value Could Fall Short of $30 Billion Targeted by Some Investors
Bloomberg Intelligence estimates the ultra-fast fashion retailer supports a valuation of $22 billion to $25 billion, well below the roughly $30 billion valuation some investors have pushed for.
Thom Bettridge to Step Down as I-D Editor in Chief
Global editorial director Steff Yotka will succeed Bettridge, who is leaving to focus on his creative studio Content World.
Under Armour Forecasts Steeper Annual Sales Decline
The athletic apparel maker is struggling with weak consumer demand amid macroeconomic uncertainty in its key North American market.
Skims to Enter India Through Partnership With Reliance Brands
The luxury arm of Reliance Retail will operate the Skims brand across physical and digital channels, beginning with Delhi and Mumbai.
Vogue World 2027 Will Be Held in San Francisco
The sixth edition of the annual runway spectacle will return to the US after this year's outing in Milan.
Capri Cuts Revenue Outlook as Iran War Hits Michael Kors Sales
Congestion at ports in Asia combined with weaker demand across Europe and emerging markets from the war hurt sales, the company said.
Sydney Towle, Influencer and Health Activist, Has Died
Towle, known for sharing her life as a young woman living with cancer, passed away aged 26 on Wednesday.