The Florence-based company expects the transition phase to extend to 2018 and sees medium-terms ambitions as “more difficult to achieve.”
The online powerhouse is paying up to end one tax dispute, but a bigger one doesn’t look to be going anywhere.
The Swedish retailer’s shares plunged 15 percent after it reported an unexpected drop in sales due to “weak” business at its stores.
The owner of brands including Gucci, Saint Laurent and Balenciaga has increased its interim dividend by 33 percent to 2 euros.
The round includes more than 20 individual investors, such as Mindy Grossman and Leslie Blodgett.
The activist-centric company’s new fight over public land seems to be doing well, judging by the business.
The petition was filed in Delaware.
The winners and losers of third-quarter earnings, according to WWD.