Nordstrom’s Sales Return to 2019 Levels After Deal to Go Private
The Nordstrom family and Mexican department-store chain El Puerto de Liverpool SAB closed a deal to acquire the company in May in an all-cash transaction...
Author : Raven Ward
Groupe Dynamite Inc. Sees Shares Jump on Strong Outlook
Revenue for the Canadian parent company of Garage jumped by 45 percent from a year ago to $284 million in the period ended Jan. 31,...
LVMH Shares Fell Most Ever in First Quarter on Luxury Slump
Shares of the luxury bellwether fell 28 percent in the first quarter as the war in the Middle East clouds the global economic outlook and...
Nike Slump Deepens After Pessimistic Fourth-Quarter Outlook
Revenue in the fiscal quarter that began in March is expected to decline 2 to 4 percent....
Nike Third-Quarter Sales Beat Estimates as Turnaround Efforts Gain Traction
The sportswear giant has been struggling to revive sales as it faces a tougher consumer spending backdrop....
Nike’s Struggling Converse Unit Has Suitor in Authentic Brands
The brand management firm has expressed interest in buying Converse if it’s put up for sale, though Nike has said it doesn’t plan to part...
Pandora Opens Distribution Centre in Canada to Reduce US Tariff Impact
The jewellery maker aims to to bypass US tariffs and better support growth in one of its fastest-expanding markets....
How the Middle East’s Fashion Industry Is Navigating War
As the conflict enters its second month, brands, retailers and business leaders across the region are leaning on crisis management and contingency plans amid an...
Harrods’ Closure of Compensation Scheme for Survivors of Alleged Sexual Abuse Called ‘Neither Fair Nor Just’
The programme was established after dozens of women came forward with allegations of abuse by former Harrods owner Mohamed Al Fayed....
How Skincare Brands Build Trust in the Misinformation Era
‘Mediagenic’ physicians, scientists and researchers have become front-facing figures in the skincare trade. Their influence might be waning on social media — but according to...