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.
logistics
Financial Markets
ZTO Express Eyes Largest Chinese Company US IPO Since Alibaba
NEW YORK, United States — Logistics company ZTO Express has set terms for what could be the largest US initial public offering this year and also the
ZTO Express Eyes Largest Chinese Company US IPO Since Alibaba
NEW YORK, United States — Logistics company ZTO Express has set terms for what could be the largest US initial public offering this year and also the
Retail
Nike, Polo’s Marooned Suppliers Race to Meet Thanksgiving Rush
Suppliers to companies from Nike to Hugo Boss are scrambling to ensure their T-shirts and sneakers reach buyers in time for the year-end holiday season after the collapse of Hanjin Shipping Co. left an estimated $14 billion worth of goods adrift.
Nike, Polo’s Marooned Suppliers Race to Meet Thanksgiving Rush
Suppliers to companies from Nike to Hugo Boss are scrambling to ensure their T-shirts and sneakers reach buyers in time for the year-end holiday season after the collapse of Hanjin Shipping Co. left an estimated $14 billion worth of goods adrift.
Retail
Gap Distribution Centre Fire Intentionally Set, Says Police
A fire that broke out at apparel retailer Gap's distribution centre in New York last week was intentionally set, the New York State Police said on Tuesday.
Gap Distribution Centre Fire Intentionally Set, Says Police
A fire that broke out at apparel retailer Gap's distribution centre in New York last week was intentionally set, the New York State Police said on Tuesday.
News & Analysis
Gap Rerouting Deliveries to Cope With Distribution-Center Fire
Gap, which suffered a fire at its Northeastern distribution centre, is rerouting deliveries and boosting staff at its other facilities to cope with the fallout.
Gap Rerouting Deliveries to Cope With Distribution-Center Fire
Gap, which suffered a fire at its Northeastern distribution centre, is rerouting deliveries and boosting staff at its other facilities to cope with the fallout.
News & Analysis
Blaze erupts at Gap Inc. distribution center in New York
A massive blaze that ripped through a Gap distribution centre in New York has been largely extinguished.
Blaze erupts at Gap Inc. distribution center in New York
A massive blaze that ripped through a Gap distribution centre in New York has been largely extinguished.
News & Analysis
Amazon's New UK Distribution Centre to Create 500 jobs in 2017
Amazon plans to create 500 new jobs when it opens another distribution centre in northern England next year it has announced.
Amazon's New UK Distribution Centre to Create 500 jobs in 2017
Amazon plans to create 500 new jobs when it opens another distribution centre in northern England next year it has announced.
News & Analysis
Amazon Partners With UK Government to Test Delivery by Drone
Amazon and the British government have announced a partnership to test the e-commerce giant’s aerial drone parcel delivery system after run-ins over the technology’s use.
Amazon Partners With UK Government to Test Delivery by Drone
Amazon and the British government have announced a partnership to test the e-commerce giant’s aerial drone parcel delivery system after run-ins over the technology’s use.
News & Analysis
Amazon Customers Facing Difficulty With Checkout on Prime Day
Amazon.com Inc said some customers were reporting difficulty with checkout after making purchases in its highly publicised "Prime Day" shopping event.
Amazon Customers Facing Difficulty With Checkout on Prime Day
Amazon.com Inc said some customers were reporting difficulty with checkout after making purchases in its highly publicised "Prime Day" shopping event.
Retail
Ahead of Amazon Prime Day, Wal-Mart Tries To Move In
Wal-Mart is offering a free 30-day trial on its two-day unlimited shipping service, and an extra month free for paying members, as it looks to sharpen its attack against the online leader.
Ahead of Amazon Prime Day, Wal-Mart Tries To Move In
Wal-Mart is offering a free 30-day trial on its two-day unlimited shipping service, and an extra month free for paying members, as it looks to sharpen its attack against the online leader.
News & Analysis
Zalando Trials Same-Day Free Deliveries From Adidas Store
Europe's biggest online fashion retailer, Zalando, facing a growing threat from rival Amazon moving into its territory, is teaming up with Adidas to offer same-day, free deliveries from one of its sports stores.
Zalando Trials Same-Day Free Deliveries From Adidas Store
Europe's biggest online fashion retailer, Zalando, facing a growing threat from rival Amazon moving into its territory, is teaming up with Adidas to offer same-day, free deliveries from one of its sports stores.
Retail
Gap CEO Says He Would Consider Using Amazon to Reach Customers
Gap Inc. chief executive officer Art Peck said the retailer would consider relying on third-party sellers such as Amazon.com Inc. to reach customers.
Gap CEO Says He Would Consider Using Amazon to Reach Customers
Gap Inc. chief executive officer Art Peck said the retailer would consider relying on third-party sellers such as Amazon.com Inc. to reach customers.
News & Analysis
Amazon to Help European Vendors Sell Goods Across Borders
Amazon.com Inc. will offer to deliver vendors’ goods to customers in other European Union countries, as the e-commerce giant seeks to dominate online deliveries across the region.
Amazon to Help European Vendors Sell Goods Across Borders
Amazon.com Inc. will offer to deliver vendors’ goods to customers in other European Union countries, as the e-commerce giant seeks to dominate online deliveries across the region.
The News in Brief
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.
Kevin.Murphy Appoints New CEO
The Australian hair care brand has named Elisa Fischer its new global chief executive as it looks to push deeper into international markets.