NEW YORK, United States — Kate Spade & Co., the handbag maker with aspirations to be a global lifestyle brand, jumped as much as 12 percent in early trading after beating quarterly earnings estimates and raising its annual forecast.
NEW YORK, United States — Barneys New York has agreed to pay $525,000 to settle a lawsuit over claims that it targeted black and Latino customers for credit-card fraud checks and surveillance while they shopped in its luxury clothing stores, city officials said on Monday.
BoF compiles the most important professional moves of the week.
Gap Inc. said Thursday that its sales edged up 3 percent in the second quarter as growth at Old Navy offset lower sales of the company's namesake brand.
Lululemon Athletica Inc. founder Chip Wilson will sell half his stake in the yogawear company to private equity firm Advent International for about $845 million.
Amazon.com Inc. is giving special privileges to companies that sell their wares directly through its online store, according to a new study.
Adidas AG, the world’s No. 2 sports gear maker, cut its profitability forecast for 2014 by 2 percentage points after first-half revenue in North America dropped 14 percent on slumping demand for golf equipment.
Prada SpA, the Milan-based luxury handbag maker, posted the slowest half-yearly sales growth in three years as demand weakens in some Asian countries and in Europe amid economic and political uncertainties.
Italian designer label Tod’s is edging away from its comfortable driving shoes, ballerina flats and platform sandals in an attempt to diversify its business and revive flagging sales.
Coach Inc. investors cheered this morning when the bag maker’s profit beat estimates. Their exuberance may be short-lived.
Coach Inc., the largest U.S. luxury handbag maker, posted fourth-quarter profit that topped analysts’ estimates, helped by products sold to men.