Fitch said it’s become dramatically more expensive to insure Gap’s debt from default.
— October 6, 2015
Stock markets were mixed at the open as the trade deficit grew and Alibaba’s Taobao site was accused of selling fakes.
Milan-based consultancy Pambianco found that revenues of public fashion and luxury companies rose 11.1 percent globally in the first half.
Milan’s FTSE MIB was the only market to notch gains in midmorning trading on Tuesday.
Shares of the new Yoox Net-a-porter Group closed their first day of trading on the upswing.
— October 5, 2015
Stocks move higher as American Apparel files for bankruptcy and a deal was reached on the Trans-Pacific Partnership.
All markets on the uptick, with Paris’ CAC 40 leading the way.
Even after filing for bankruptcy protection, the key question remains whether the retailer can reconnect with its customer base.
Business fueled by core categories, children’s wear, denim.
— October 2, 2015