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News & Analysis

Report: Mytheresa Prepares for US IPO

11 November 2020 • By Bloomberg

11 November 2020 • By Bloomberg

The German e-commerce company plans to seek a valuation of about $1 billion to $1.5 billion, which could change based on holiday period performance, according to people familiar with the matter.
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News & Analysis

Report: Mytheresa Prepares for US IPO

The German e-commerce company plans to seek a valuation of about $1 billion to $1.5 billion, which could change based on holiday period performance, according to people familiar with the matter.
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News & Analysis

Revlon Nears Creditor Support for Deal to Avoid Bankruptcy

11 November 2020 • By Bloomberg

11 November 2020 • By Bloomberg

The cosmetics company said that bondholders have agreed to offer 69 percent of a $343 million bond issue that must be paid by next week.
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Revlon Nears Creditor Support for Deal to Avoid Bankruptcy

The cosmetics company said that bondholders have agreed to offer 69 percent of a $343 million bond issue that must be paid by next week.
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News & Analysis

Brexit Threat Triggers Last-Minute Dash for Warehouse Space

11 November 2020 • By Bloomberg

11 November 2020 • By Bloomberg

Without a trade deal, British companies face the prospect of tariffs on shipments and additional paperwork that could create delays at border entry ports.
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News & Analysis

Brexit Threat Triggers Last-Minute Dash for Warehouse Space

Without a trade deal, British companies face the prospect of tariffs on shipments and additional paperwork that could create delays at border entry ports.
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News & Analysis

Alibaba Reports $56 Billion Sales as Singles' Day Gets Into Full Swing

11 November 2020 • By Reuters

11 November 2020 • By Reuters

The four-day sale has so far brought sellers 16 times as many orders by value than Amazon's global Prime Day last month.
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Alibaba Reports $56 Billion Sales as Singles' Day Gets Into Full Swing

The four-day sale has so far brought sellers 16 times as many orders by value than Amazon's global Prime Day last month.
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News & Analysis

Alibaba Leads Chinese Internet Selloff Approaching $260 Billion

11 November 2020 • By Bloomberg

11 November 2020 • By Bloomberg

The move comes after Beijing issued regulations designed to curb the growing influence of internet-sector leaders.
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Alibaba Leads Chinese Internet Selloff Approaching $260 Billion

The move comes after Beijing issued regulations designed to curb the growing influence of internet-sector leaders.
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News & Analysis

Paris Department Store Printemps Shuts Shops and Cuts Jobs

10 November 2020 • By Bloomberg

10 November 2020 • By Bloomberg

The company plans to close seven stores in France and cut 428 jobs as it reels from the effects of the pandemic.
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News & Analysis

Paris Department Store Printemps Shuts Shops and Cuts Jobs

The company plans to close seven stores in France and cut 428 jobs as it reels from the effects of the pandemic.
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News & Analysis

EU Charges Amazon With Distorting Online Retail Competition

10 November 2020 • By Reuters

10 November 2020 • By Reuters

The European Commission has been investigating the e-commerce giant since July last year following complaints from traders about the company's practices.
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News & Analysis

EU Charges Amazon With Distorting Online Retail Competition

The European Commission has been investigating the e-commerce giant since July last year following complaints from traders about the company's practices.
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News & Analysis

Westfield Owner Unibail Rethinks Funding

10 November 2020 • By Reuters

10 November 2020 • By Reuters

The move comes after shareholders rejected a €3.5 billion ($4.15 billion) rights issue under pressure from activist investors.
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Westfield Owner Unibail Rethinks Funding

The move comes after shareholders rejected a €3.5 billion ($4.15 billion) rights issue under pressure from activist investors.
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Adidas Warns That Worsening Pandemic Will Weigh on Earnings

10 November 2020 • By Bloomberg

10 November 2020 • By Bloomberg

The German sportswear company's revenue is no longer on track for growth in the fourth quarter, predicting a single-digit percentage decline.
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Adidas Warns That Worsening Pandemic Will Weigh on Earnings

The German sportswear company's revenue is no longer on track for growth in the fourth quarter, predicting a single-digit percentage decline.
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News & Analysis

J.C. Penney Rescue Deal Approved in Bankruptcy Court

10 November 2020 • By Reuters

10 November 2020 • By Reuters

The move will avert a liquidation that would have put the department store chain out of business and jeopardised tens of thousands of jobs.
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J.C. Penney Rescue Deal Approved in Bankruptcy Court

The move will avert a liquidation that would have put the department store chain out of business and jeopardised tens of thousands of jobs.
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