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Andrea FelstedBloomberg |
Taylor Swift helped save Christmas — or at least Target Corp.’s holiday season. The Minneapolis-based retailer on Thursday upgraded its sales...
The bling bloodbath is so last season.Cie Financiere Richemont SA on Thursday reported a 10% increase in sales excluding currency movements in the...
The collapse of Kroger Co.’s $24.6 billion acquisition of Albertsons Cos. leaves both companies facing futures alone. Albertsons has a long history...
Ready for Pradace anyone?Italian luxury group Prada SpA may be evaluating a purchase of rival Versace, owned by Capri Holdings Ltd., the Italian daily...
Britain’s Christmas shopping season always spawns winners and losers. This year it was the big, listed chains that dominated. It’s a theme that...
As usual, Next Plc has defied the festive gloom and delivered a good Christmas, upgrading its profit outlook for the current fiscal year. The...
Nordstrom Inc. has wrapped up a $4 billion holiday gift for shareholders. But independent investors have room to ask for a more extravagant...
If you have spotted any of the British retailers’ Christmas ads on the TV this year, you’ll notice they have gone back to basics. National treasure...
New York is obsessed with Louis Vuitton. LVMH Moet Hennessy Louis Vuitton SE’s biggest brand is refurbishing its flagship on the corner of East...
Walgreens Boots Alliance Inc. is in talks with Sycamore Partners about going private. With Walgreens’ market value plummeting to less than $10...
The latest department store fashions are often a reinterpretation of styles that have come before. So, too, are their investors. On Monday,...
Here’s a holiday riddle for retailers: Can Black Friday ever be too good? Americans pulled out their credit cards en masse during what is now a...
If your ‘90s look included a pair of Gap khakis or an iconic blue and white logo sweatshirt, you’re not alone. But the brand that was once...
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...
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...
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...
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...
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...
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 in the...
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...
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...
Brian Niccol is swapping burrito bowls for cold brew. The chief executive officer of Chipotle Mexican Grill Inc. has been appointed CEO and...
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...
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