Billionaire Geiger Reinold is considering making an offer for the L’Occitane shares he doesn’t already own at HK$33 to HK$34 apiece as early as Monday. This was ...
Manufacturing & Retail
On Monday, Kroger and Albertsons Cos said they are expanding their planned sale of grocery stores, selling 166 more locations than previously agreed upon to C&S ...
The U.S. FTC is trying to stop a merger between brands Tapestry and Capri that could potentially put labels like Coach, Michael Kors, Kate Spade, Jimmy Choo, and Ver...
In a surprising turn of events, discount retailer 99 Cents Only has filed for Chapter 11 bankruptcy, marking the end of an era for the company. Just days after annou...
Macy’s CEO Tony Spring looks to accelerate growth at Bloomingdale’s and Bluemercury and use the assets gained from the store closure to revitalize the Macy’s b...
Luxury goods group Kering warned on Tuesday that its Q1 sales are likely to drop by around 10%, weighed down by star label Gucci, whose sales were down. A worsening...
Stock market showed its not happy that Under Armour is going to have a change in leadership as founder Kevin Plank is returning as its CEO. Athletic apparel company ...
German sportswear giant Adidas posted its first annual loss in more than 30 years on Wednesday. Adidas also warned that the sales in North America would fall again a...
PepsiCo reported its mixed quarterly earning report on Friday as its U.S. sales slowdown affected the revenue. As per CEO Ramon Laguarta U.S. consumers are shifting ...
