Amazon.com Inc’s sales projections for the crucial holiday quarter disappointed, and third-quarter results missed Wall Street’s targets, sending the online retailer’s shares 9 percent lower.
A shortage of transportation equipment and possible labor disruptions at the Long Beach port complex is delaying shipping containers for up to three weeks, threatening timely delivery to retailers for the holiday season.
Under Armour Inc., the second- largest U.S. athletic-apparel maker, declined in early trading after growth slowed last quarter, raising concerns that the company’s torrid expansion is waning.
Struggling retailer Sears Holdings Corp will lay off at least 5,457 employees and close over 100 stores, many before Christmas.
Vince is the quietest billion-dollar brand in the business. Now, chief executive Jill Granoff is gearing up for global recognition.
L’Oreal SA, the world’s largest cosmetics maker, announced on Oct. 20 that it has an agreement to acquire recently reorganised beauty brand Carol’s Daughter through a U.S. unit.
Oscar de la Renta, the Dominican-born fashion designer who spent more than 50 years dressing royalty, Hollywood celebrities and U.S. first ladies, has died at the aged of 82 after a long battle with cancer.
Steven Madden’s stock fell in Monday premarket trading as the footwear and accessories company announced third-quarter revenue that missed analysts’ expectations and gave a profit outlook for the period below Wall Street’s view.
In the latest instalment of Founder Stories, BoF talks to Internet veteran Julie Wainwright about what she learned from the ‘dotcom’ crash, launching a digital business in a tech culture that is ageist and sexist, and how she took luxury resale site The RealReal from zero to $100 million in revenue in just three years.