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News & Analysis

Superdry Sees First Half Profit Wiped Out

12 December 2019 • By Reuters

12 December 2019 • By Reuters

Missteps by previous management has led the British retailer's CEO to caution that a turnaround will take up to three years.

News & Analysis

Superdry Sees First Half Profit Wiped Out

Missteps by previous management has led the British retailer's CEO to caution that a turnaround will take up to three years.

News & Analysis

Safilo's Sales Hit After Losing LVMH Brands

12 December 2019 • By Reuters

12 December 2019 • By Reuters

The Italian eyewear company said the exit of Fendi, Dior and Givenchy could result in a $220 million dent in sales.

News & Analysis

Safilo's Sales Hit After Losing LVMH Brands

The Italian eyewear company said the exit of Fendi, Dior and Givenchy could result in a $220 million dent in sales.

News & Analysis

American Eagle Hit by Weakened Demand

11 December 2019 • By Reuters

11 December 2019 • By Reuters

The US-based retailer saw shares drop by 7 percent amid sluggish demand and stiff competition in the retail space.

News & Analysis

American Eagle Hit by Weakened Demand

The US-based retailer saw shares drop by 7 percent amid sluggish demand and stiff competition in the retail space.

News & Analysis

Ted Baker CEO Exits as Shares Plummet

10 December 2019 • By Reuters

10 December 2019 • By Reuters

The British fashion retailer's chief executive and chairman have departed as it warns over profits plunge.

News & Analysis

Ted Baker CEO Exits as Shares Plummet

The British fashion retailer's chief executive and chairman have departed as it warns over profits plunge.

News & Analysis

Tiffany & Co. Sales Take a Hit

5 December 2019 • By Reuters

5 December 2019 • By Reuters

The American jeweller missed third-quarter estimates for profit on weak demand in Americas, Hong Kong.

News & Analysis

Tiffany & Co. Sales Take a Hit

The American jeweller missed third-quarter estimates for profit on weak demand in Americas, Hong Kong.

News & Analysis

Alibaba Raises Additional Funding in Hong Kong Listing

3 December 2019 • By Reuters

3 December 2019 • By Reuters

The e-commerce giant raised an additional HK$13.17 billion after its landmark listing last month, the city's largest share sale in nine years.

News & Analysis

Alibaba Raises Additional Funding in Hong Kong Listing

The e-commerce giant raised an additional HK$13.17 billion after its landmark listing last month, the city's largest share sale in nine years.

News & Analysis

PVH Corp Raises Profit Forecast On Strong Earnings

26 November 2019 • By Reuters

26 November 2019 • By Reuters

The Calvin Klein and Tommy Hilfiger owner's total sales reached $2.59 billion during the third quarter.

News & Analysis

PVH Corp Raises Profit Forecast On Strong Earnings

The Calvin Klein and Tommy Hilfiger owner's total sales reached $2.59 billion during the third quarter.

News & Analysis

Paypal to Buy Money-Saving Platform Honey for $4 Billion

21 November 2019 • By Reuters

21 November 2019 • By Reuters

The deal with the platform, which finds and applies coupon codes on popular sites, is expected to add to PayPal's adjusted profit in 2021.

News & Analysis

Paypal to Buy Money-Saving Platform Honey for $4 Billion

The deal with the platform, which finds and applies coupon codes on popular sites, is expected to add to PayPal's adjusted profit in 2021.

News & Analysis

Elf Shares Climb as It Boosts Revenue Outlook

7 November 2019 • By Bloomberg

7 November 2019 • By Bloomberg

The beauty company said sales for the year will be $265 million to $272 million, up from the original forecast of $246 million to $256 million.

News & Analysis

Elf Shares Climb as It Boosts Revenue Outlook

The beauty company said sales for the year will be $265 million to $272 million, up from the original forecast of $246 million to $256 million.

News & Analysis

Weak Clothing Sales Hit Britain's M&S Profit

6 November 2019 • By Reuters

6 November 2019 • By Reuters

The British retailer's "transformation" plan has been hindered after weakened clothes sales, resulting in a 17 percent drop in first-half profit.

News & Analysis

Weak Clothing Sales Hit Britain's M&S Profit

The British retailer's "transformation" plan has been hindered after weakened clothes sales, resulting in a 17 percent drop in first-half profit.