Millennials are known for dressing down, but they are driving up the sales of hosiery.
— October 2, 2015
Stocks slid on a disappointing jobs report, while several retailers made post-market announcements.
Textile companies making apparel fabrics cut jobs last month and the overall unemployment rate remained unchanged.
The CAC 40 and FTSE MIB led the upswing in morning trading on Friday.
First-half operating profit plummeted 91.3 percent. Sales for the period fell 5 percent.
Nordstrom’s stock spiked in after-hours trading, following a statement from the retailer that the deal to sell its credit card business to TD Bank had been closed.
— October 1, 2015
Stocks kicked off the month with a decline.
The CAC 40 in Paris led the way in morning trading on Thursday.
Ralph Lauren investors were pleased that the ceo is stepping down, The Gap investors were not so happy. Crocs has cut its outlook.
— September 30, 2015