Business News

Mark Parker

Financial

Retail Stocks Fall on China Economic Concerns

U.S. equities slipped deeper into the red at the market close Monday as investors fretted over the stock market crash in China earlier in the day.

Government and Trade

State Dept. Identifies Forced Labor in Garment, Cotton Sectors

New report on human trafficking details problems of forced labor in several countries and sectors.

Government and Trade

Fashion Industry Flexes Its Lobbying Muscle on TPP

The fashion industry has logged thousands of miles and spent heavily on shaping the rules of TPP.

Government and Trade

Wal-Mart Pledges New Steps to Reduce Greenhouse Gases

White House launches new plan with private sector pledge to reduce greenhouse emissions.

Back-to-school

Government and Trade

Fashion World Spends Big in First-Half Lobbying

How much retailers and industry associations have spent on lobbying in Washington in the first half.

Forecasts and Analysis

Slowed Consumer Spending a Drag on State Tax Revenue

As consumer spending remains sluggish, the impact on taxes generated from retail sales is also feeling pinched — and could have a negative impact on local municipalities.

Financial

Gucci Begins to Regain Some Luster as Sales Climb

The brand's past woes continue to plague parent Kering, where profits fell 13 percent in the first half.

Mergers and Acquisitions

Artémis Confirms Plans to Acquire Cruise Firm Ponant

The holding company sees robust demand in the luxury cruise market, particularly from clients in North America and Southeast Asia.