Op-Ed: Should a Luxury Group Buy De Beers?
Mining company Anglo American is considering offloading its storied diamond unit. It won’t be an easy sell.
Once a staple among American teens, the retailer faltered in the 2010s after failing to keep pace with shifting consumer preferences. But through a strategy rooted in customer centrism, a revamped product offering and changes to the internal structure of the company, the brand’s turnaround is taking hold.
Once a staple among American teens, the retailer faltered in the 2010s after failing to keep pace with shifting consumer preferences. But through a strategy rooted in customer centrism, a revamped product offering and changes to the internal structure of the company, the brand’s turnaround is taking hold.
Abercrombie & Fitch shares traded lower Tuesday after the teen retailer announced a series of changes for its namesake brand.
Abercrombie & Fitch Co. shares fell for a second straight day after the stock was downgraded by FBR & Co., blaming slow progress in the retail chain’s comeback bid.
Abercrombie & Fitch Co. shares gained as much as 6.9 percent after a Susquehanna Financial Group analyst said there was increasing confidence that sales will bounce back this year.
Abercrombie & Fitch Co., which hasn’t had a CEO in five months, has set up a contest for the job that pits its operations chief against each of its brand presidents.
Starting Friday, you won’t have to be good-looking to work for Abercrombie & Fitch Co. The changes are the latest for the retailer, which once made male models with ridiculously ripped abs a billboard standard.
Abercrombie & Fitch Co., the teen retailer looking for a new chief executive officer, posted a worse fourth-quarter sales decline than expected after struggling to lure customers during the holidays.
NEW ALBANY, United States — Abercrombie & Fitch Co., a former purveyor of safari gear that was reborn as a teen clothing chain, is searching for its
NEW ALBANY, United States — Mike Jeffries's widely anticipated retirement as Abercrombie & Fitch Co.'s chief executive officer brings to a close the
Abercrombie & Fitch Co. Chief Executive Officer Mike Jeffries, who turned the retail chain into a hot teen-apparel company in the 1990s before it lost its cachet in recent years, is stepping down.
NEW YORK, United States – Abercrombie & Fitch Co., the clothing chain struggling to win back once-loyal teen shoppers, fell as much as 14 percent
NEW YORK, United States — Michael S. Jeffries, the Abercrombie & Fitch Co. chief executive officer who was paid $48.1 million in 2011, got 95 percent
Mining company Anglo American is considering offloading its storied diamond unit. It won’t be an easy sell.
The Barcelona-based firm set the price guidance at €24.50 per share, according to terms seen by Bloomberg News, giving the company an implied market value of €13.9 billion ($14.9 billion).
Chairman Reinold Geiger’s investment holding company, L’Occitane Groupe SA, is considering an offer for the Hong-Kong listed firm’s shares he does not already own, at HK$33 to HK$34 per share, the report said, citing people familiar with the matter.
The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
The company confirmed in January that it planned to restart activities in Venezuela in the first half of 2024 with local partner Grupo Futura.
The move means Shein could be liable for fines of as much as 6 percent of global revenue for violating the law, designed to curtail the spread of illegal content online.
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.