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...
Manufacturing & Retail
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 ...
Snoop Dogg and Master P sued Post Consumer Brands and Walmart, accusing both the packaged food giant and big box retailer of conspiring against the release of a Snoo...
Macy’s on Sunday rejected Arkhouse Management and partner Brigade Capital Management’s $5.8 billion proposal to takeover the department store operator private ci...
The Nike stock drop was about 10% after hours. Nike shock were up 4.7% so far this year through Thursday’s close, lagging far behind the S&P 500′s gains for ...
Low-cost e-commerce player Temu files lawsuit against its rival Shein. PDD Holdings’ (PDD.O) international facing discount e-commerce platform, Temu, filed a l...
