News & Analysis

News & Analysis

Hit by Tariffs and Discounting, Kohl's Cuts Profit Margin Forecast

20 August 2019 • By Reuters

20 August 2019 • By Reuters

With the cost of more aggressive promotions and a potential hit from new tariffs on Chinese imports, the department store chain has forecast a steeper decline in full-year profit margin despite better-than-expected quarterly earnings.

News & Analysis

Hit by Tariffs and Discounting, Kohl's Cuts Profit Margin Forecast

With the cost of more aggressive promotions and a potential hit from new tariffs on Chinese imports, the department store chain has forecast a steeper decline in full-year profit margin despite better-than-expected quarterly earnings.

News & Analysis

Cosmetics Heir Jane Lauder Joins World’s 500 Richest People

20 August 2019 • By Bloomberg

20 August 2019 • By Bloomberg

Lauder’s net worth rose $1.5 billion this year, bringing her fortune to $4.3 billion.

News & Analysis

Cosmetics Heir Jane Lauder Joins World’s 500 Richest People

Lauder’s net worth rose $1.5 billion this year, bringing her fortune to $4.3 billion.

News & Analysis

TJX Same-Store Sales Miss Estimates as Competition Stiffens

20 August 2019 • By Reuters

20 August 2019 • By Reuters

With traditional retailers such as Macy's and Nordstrom foraying into discounts, off-price stores like T.J. Maxx and Burlington Stores are struggling to boost sales.

News & Analysis

TJX Same-Store Sales Miss Estimates as Competition Stiffens

With traditional retailers such as Macy's and Nordstrom foraying into discounts, off-price stores like T.J. Maxx and Burlington Stores are struggling to boost sales.

News & Analysis

Tod's Founder Diego Della Valle Raises Stake to 81.2%

20 August 2019 • By Reuters

20 August 2019 • By Reuters

The brand's chairman made good on a pledge to buy shares after disappointing first-half results earlier this month, a regulatory filing showed.

News & Analysis

Tod's Founder Diego Della Valle Raises Stake to 81.2%

The brand's chairman made good on a pledge to buy shares after disappointing first-half results earlier this month, a regulatory filing showed.

News & Analysis

Pandora's Restructuring Efforts Show Small Signs of Recovery

20 August 2019 • By Reuters

20 August 2019 • By Reuters

The jeweller is struggling after new lines failed to entice shoppers, but is buying back older ranges from franchises and slimming down collections to try to improve its performance.

News & Analysis

Pandora's Restructuring Efforts Show Small Signs of Recovery

The jeweller is struggling after new lines failed to entice shoppers, but is buying back older ranges from franchises and slimming down collections to try to improve its performance.

News & Analysis

Gucci and Saint Laurent Face an Uphill Battle to Get Green

20 August 2019 • By Bloomberg

News & Analysis

Gucci and Saint Laurent Face an Uphill Battle to Get Green

Kering is leading the way in luxury’s sustainability efforts. But flashy events and nebulous supply chains are undermining the group's socially and environmentally responsible front.

News & Analysis

Hudson’s Bay Soars After Private Equity Firm Catalyst Buys Stake

19 August 2019 • By Reuters

19 August 2019 • By Reuters

Catalyst’s purchase of a minority stake adds to pressure on Chairman Richard Baker to boost his bid, which also faces opposition from activist investor Jonathan Litt.

News & Analysis

Hudson’s Bay Soars After Private Equity Firm Catalyst Buys Stake

Catalyst’s purchase of a minority stake adds to pressure on Chairman Richard Baker to boost his bid, which also faces opposition from activist investor Jonathan Litt.

News & Analysis

Modelling Agency With Ties to Epstein Names Macy’s, Nordstrom as Clients

19 August 2019 • By Bloomberg

19 August 2019 • By Bloomberg

As sex trafficking allegations swirl, MC2 Model Management and its president Jean-Luc Brunel are in the spotlight for his well-documented relationship with Epstein dating back to 2002.

News & Analysis

Modelling Agency With Ties to Epstein Names Macy’s, Nordstrom as Clients

As sex trafficking allegations swirl, MC2 Model Management and its president Jean-Luc Brunel are in the spotlight for his well-documented relationship with Epstein dating back to 2002.

News & Analysis

Estee Lauder Forecasts a Robust Fiscal 2020 After Beating Estimates

19 August 2019 • By Reuters

19 August 2019 • By Reuters

The company said its predictions account for geopolitical issues such as Hong Kong protests, Britain's impending exit from the EU and the China-US trade war.

News & Analysis

Estee Lauder Forecasts a Robust Fiscal 2020 After Beating Estimates

The company said its predictions account for geopolitical issues such as Hong Kong protests, Britain's impending exit from the EU and the China-US trade war.

News & Analysis

Zalando to Deliver Orders for Adidas French Website

19 August 2019 • By Reuters

19 August 2019 • By Reuters

The e-commerce platform has rolled out a new delivery service in a bid to tackle competition by its growing rival Amazon's delivery service.

News & Analysis

Zalando to Deliver Orders for Adidas French Website

The e-commerce platform has rolled out a new delivery service in a bid to tackle competition by its growing rival Amazon's delivery service.