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Financial

PacSun

Pacific Sunwear Path to Auction Cleared With Bid Procedures Approved

A bankruptcy judge Tuesday approved bidding procedures that will open the company up to an auction if multiple parties show interest in the retailer.

Traders at the New York Stock Exchange.

U.S. Stocks Lower as Kate Spade, Shopify and HSN Report Earnings

Stocks are lower as Kate Spade and Etsy delivered solid quarters, but HSN and Shopify disappointed investors.

Jessica Seinfeld, wearing a scarf from the collection she launched April 28 on HSN.

HSN Reports 15 Percent Drop in Profits on Sales Decline

HSN reports a drop in net sales and net income as digital sales take over.

Shopify said there are more mobile orders than desktop for its merchants.

Shopify Posts Wider Loss as Revenues Soar 95%

The company said there was a greater number of consumers placing orders using mobile devices.

Europe’s Stock Markets Decline

Retail and luxury stocks were uneven in morning trading on Wednesday.

Ace 16 Primeknit by Adidas

Adidas to Sell Golf Brands

The German sporting goods firm has put its TaylorMade, Adams and Ashworth brands on the block to focus on footwear and clothing.

Online hand-crafted marketplace
Etsy completes its initial public offering.

Etsy Reports 39 Percent Increase in Revenue

Etsy delivers a 39 percent increase in revenue for the first quarter and plans to move into its new Brooklyn headquarters in the second quarter.

British High Street Brand Joules Sets IPO

British High Street Brand Joules Sets IPO

Family lifestyle brand will list on London’s smaller AIM market

Traders work on the floor of the New York Stock Exchange.

Coty, Estée Lauder Shares Decline as Overall U.S. Stock Market Falls

Earnings from Coty and Estee Lauder disappointed investors as the broader market fell on rising fears about China’s economy.