Shares of Versace Owner Capri Seen Falling 30% If Deal With Coach Owner Tapestry Fails
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
NEW YORK, United States — Department store J.C. Penney Co Inc said it does not expect the outcome of its pending lawsuit with retailer Macy's Inc
NEW YORK, United States — J.C. Penney Co., which began reporting monthly sales figures last year to shine light on its turnaround effort, will
NEW YORK, United States — J.C. Penney Co. amended its agreement with Martha Stewart Living Omnimedia Inc. to a narrower range of products and said it
PLANO, United States — J.C. Penney said Wednesday that Saks Chairman and CEO Stephen Sadove is joining its board of directors.
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"Struggling department store company J.C. Penney Co Inc (JCP.N) said on Thursday it had begun a public offering of up to 96.6 million shares, a move
"Goldman Sachs (GS) is pitching a new investment idea to clients this week: Bet on J.C. Penney (JCP) going under. In a new research note, the
NEW YORK, United States — J.C. Penney shares are trading at their lowest level in nearly 13 years as the department stores' woes appear to be
PLANO, United States — William Ackman has resigned from J.C. Penney Co.'s board as part of a deal to resolve an unusually public battle between the
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NEW YORK, United States — Perry Capital, the hedge-fund firm founded by Richard Perry, bought 7.3 percent of J.C. Penney Co. and asked the board to
"A year and a half into his dismal attempt to turn around J.C. Penney, Ron Johnson was ousted as chief executive on Monday and replaced with his
NEW YORK, United States — Macy's Inc and J.C. Penney Co Inc were back in court on Monday in their fight over Martha Stewart, with Macy's claiming
PLANO, United States — J.C. Penney Co. will open Joe Fresh shops in most of its stores tomorrow, a key test of Chief Executive Officer Ron Johnson's
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.
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.
Overall revenues for the three months through March totalled 818 million euros ($874 million), above a company-provided analyst consensus of 786 million euros.
Embattled by weak demand and currency issues in Nigeria, the company is looking to slim down in order to return to growth.
EU lawmakers backed the Corporate Sustainability Due Diligence Directive by 374 votes to 235 against, with 19 abstentions.