Financial

Accessories News

Financial

Yoox Names Cavatorta to Financial Post

The company’s board of directors has approved the proposed merger with Net-a-porter Group.

Simon Property Raises Financial Outlook

First quarter earnings rise.

Europe’s Stock Markets on the Rise

Shares in French Connection slumped 17 percent after the retailer issued a profit warning.

Hanesbrands Q1 Net and Sales Rise, Guidance Lifted

Hanesbrands Inc. registered increases in first-quarter sales and profits that narrowly missed analysts’ consensus estimates and raised its full-year guidance to reflect the acquisition of Knights Apparel completed earlier this month.

Europe’s Markets Down, Except London

Retail, luxury stocks also lose ground in mid-morning.

Swiss Watch Exports Rise 6.3% in March

The increase was the highest since January 2014.

A view outside the JC Penney store.

S&P Lifts J.C. Penney’s Outlook to ‘Positive’

Sensing that J.C. Penney Co. Inc.’s turnaround effort is gaining traction, Standard & Poor’s Ratings Services lifted the midtier department store retailer’s outlook to “positive” from “stable.”

Kering Shares Fall 6.2%

Europe's stock markets are broadly down in morning trading, except for Milan's FTSE MIB.

Cartier

Richemont Warns on Profits

Year-end profits are seen falling 36 percent due to losses on financial instruments.