The German firm plans to raise prices, ramp up local sourcing and trim expenses to meet a surging U.S. dollar.
— May 6, 2015
The German group expects both sales and profits to pick up over the year.
Overly generous valuations, possibly due to easy access to funding, is a concern among some VCs.
— May 5, 2015
Adidas and Metro gained ground on positive trading updates.
The Internet firm said full-year 2014 sales amounted to 104 million euros.
Combined sales of the Adidas and Reebok brands grew in all market segments except for Russia/CIS.
The Dow Jones Industrial Average and the S&P 500 both gain 0.3 percent to close at 18,070 and 2,114, respectively, while the Nasdaq increased 0.23 percent to finish at 5,016.
— May 4, 2015
Sally Beauty Holdings Inc. is investigating reports of unusual activity involving the use of credit cards at some of its U.S. stores.
Retail and luxury stocks were mostly on the rise in morning trading on Monday.