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Andrea FelstedBloomberg |
One year ago, Walmart Inc. warned that it had seen a sudden slowdown in spending in the second half of October. Tuesday morning, the retailer once...
Some of the most compelling retailers in the US right now have a distinctly European flair. You can see it in Greenwich, Connecticut, where the latest...
The days are getting colder — in Europe at least. Perhaps a black, white, tan and red down jacket will keep Burberry Group Plc investors warm....
Tapestry Inc.’s $8.5 billion acquisition of Michael Kors owner Capri Holdings Ltd. has been handbagged. On Thursday, US District Judge Jennifer...
Kering SA desperately needs the “Demure Fall” TikTok trend to boost its flagship brand Gucci.The aesthetic — think quiet luxury with a twist —...
Victoria’s back, baby.The Victoria’s Secret & Co iconic fashion show returned to New York this week after a six-year break.
In Beyoncé’s first ad for Levi Strauss & Co., she walks into a laundromat with a bucket of diamonds and pours them into the washer to stonewash her...
Bernard Arnault is firmly in the luxury industry’s driver’s seat with LVMH Moet Hennessy Louis Vuitton SE’s sponsorship of Formula One motor...
With interest rates lower, inflation collapsing and wages rising faster than prices, there’s potential for a very happy holiday for US retailers....
Incoming Nike Inc. Chief Executive Officer Elliott Hill could learn a lot from his counterpart at Adidas AG Bjorn Gulden. In formulating his strategic...
Bernard Arnault just got a hotline to some more bling. But he might have to wait for the call. His LVMH Moet Hennessy Louis Vuitton SE has agreed to...
We’ve had Taylor Swift, Emily in Paris and more designer purses than Saks Fifth Avenue’s handbag floor. But there has been one $400 billion...
The best luxury brands rarely go on sale. Not so their share prices. Valuations across the sector have tumbled on a deteriorating Chinese economy and...
Nike Inc. has gone and done it.On Thursday, it parted company with Chief Executive Officer John Donahoe and replaced him with Elliott Hill, a longtime...
Walmart Inc.’s entrepreneurial experiment in the UK grocery market is coming to an end. On Wednesday, Asda Group Ltd said Mohsin Issa, one of the...
What a difference a year makes. During September 2023’s London Fashion Week, Burberry Group Plc dominated, renaming Bond Street underground station...
“My baby want a Birkin, she’s been tellin’ me all night long,” sings Shaboozey in his chart-topping single “A Bar Song (Tipsy).” The lady...
Who knew the world of cat food and coffee could be so brutal? Nestle SA has abruptly parted company with Mark Schneider, its first outside chief...
Walmart Inc. wasn’t an outlier. Quarterly earnings last week that topped forecasts along with data showing robust US retail sales in July provided...
Lingerie, lattes and now lipstick.Change has been afoot at the top of some high-profile US consumer companies. On Monday, Estee Lauder Cos. continued...
If you’re about to head off on your annual summer holiday, the anti-tourism protests in parts of Europe might be on your mind. The movement has...
Every shopper knows the dangers of going to the grocery store hungry.But Mars Inc. is happy with its purchase: the $36 billion acquisition of Pringles...
Brian Niccol is swapping burrito bowls for cold brew. The chief executive officer of Chipotle Mexican Grill Inc. has been appointed CEO and chairman...
When the economy takes a turn for the worse, consumers choose affordable treats such as cosmetics. That’s been the wisdom since the 2001 recession,...
Greedflation in the grocery aisle is over. That’s the message from the consumer giants on both sides of the Atlantic. It’s great for consumers...
The arrival of Elliott Management Corp. can give Starbucks Corp. a needed shot of caffeine. The world famous coffee chain doesn’t require the...
It’s even worse at Gucci than we thought. Sales excluding currency movements and mergers and acquisitions at the Italian fashion house fell 19% in...
We’re all drinking less champagne as the world becomes a scarier place. That was the message from LVMH Moet Hennessy Louis Vuitton SE. It underlines...
Louis Vuitton has finally released the Timberland boots embellished with its trademark LV monogram that Pharrell Williams sent down the catwalk in...
Helen of Troy Inc., maker of the viral Revlon styler brush, set investors’ hair on end last week with a stark warning that the US consumer was...
Macy’s Inc. has ended takeover talks with investors Arkhouse Management Co. and Brigade Capital Management. The retailer’s shares fell as much as...
It wasn’t supposed to be like this. In 2022 it looked as if Burberry Group Plc had the best opportunity in decades to become a British luxury...
Whichever sporting heroes bring home the medals at the Paris Olympics later this month, there will only be one true winner: LVMH founder, Chairman and...
Over the past two weeks, Amazon.com Inc. has sought to make inroads in the selling of both bling and bargains. Only one move is wise. It has a better...
What do Keir Starmer and Hein Schumacher, chief executive officer of Unilever Plc, have in common?They have both taken top jobs just as things are...
Nike Inc. on Thursday lowered its sales outlook for the current fiscal year, blaming a slump in demand for its top-selling sneakers, such as the Air...
Wall Street mistook a fashion trend for a turnaround. Shares in Levi Strauss & Co. fell as mch as 16% in premarket trading after second-quarter sales...
So now we know. In January, Bernard Arnault sang the praises of Cartier owner Cie Financiere Richemont SA. He also quipped that if its Chairman Johann...
Ocado Group Plc’s delivery is stuck in the warehouse once more.Empire Company Ltd. said last week that its Sobeys subsidiary had temporarily halted...
Philip Morris International Inc. has stopped online sales of Zyn in the US after receiving a subpoena in the District of Columbia related to flavored...
After being on the frontline of the pandemic, then grappling with an edgy public and a spike in shoplifting, its been a tough few years to work...
Lululemon Athletic Inc. just pulled off a tricky feat. The Canadian maker of leggings and leotards reported better-than-expected first-quarter...
With London increasingly losing out to New York when it comes to initial public offerings and primary listings, it’s little wonder that British...
This is part of a series on what 14 years of Tory rule have delivered for Britain’s economy, society and standing in the world. The challenges...
Revenge travel is losing its appeal. After three years of rushing to book trips in the wake of pandemic-era restrictions, sharply higher fares,...
Golden Goose Group SpA is seeking to list in Milan in an initial public offering that could value the maker of $500 distressed sneakers at about €3...
What happens when the world’s biggest retailer decides it wants what’s yours? Target is about to find out. Walmart is moving in fast on the...
Aside from the big box bloodbath of 2022, when an abrupt halt in buying left Walmart Inc. sitting on too many sweatpants and patio sets, the...
Among the many luxury brands showing off their lavish creations at the Met Gala this week were a handful of more mainstream names. One standout was...
Peloton Interactive Inc. is spinning backwards again. On Thursday, the fitness company said Chief Executive Officer Barry McCarthy would step down...
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