Financial

Accessories News

Financial

Sears will contribute 10 properties valued at $228 million to the joint venture with Simon Property Group.

S&P Raises Ratings on Some Sears Notes

Overall corporate credit rating remains at ‘CCC-plus.’

Retail, Fashion Stocks Clock Gains Despite Greek Turmoil

Major global market indices saw gains on Wednesday, the day after Greece defaulted on its debt.

Diego Della Valle

Diego Della Valle, Renzo Rosso Blast Greek Politicians Over Crisis

The two executives have harsh words for Greece's politicians over the crisis in Europe.

Sole Society Raises $8M Funding Round

Sole Society counts Nordstrom as an investor.

Openness to Bailout Terms for Greece Triggers Stock Rally

As Greece considers terms of a possible bailout package, U.S. stocks rallied in the morning trading session.

Europe’s Markets Shrug Off Greek Default, Debt Crisis

All of the region's major indices were on the rise in morning trading on Wednesday.

Impact of Greek Debt Crisis: Amplified Currency Pressure On U.S. Firms

The potential contagion impact of Greece on global economies is still too early to predict, but already there’s been currency pressures on sales of fashion goods.

Shoppers in Berlin

European Equities Lose Footing, Consumer Spending Threatened

For George Wallace, chief executive of MHE Retail, the real impact of a potential Greek default and exit from the euro is “confidence and sentiment rather than real economics,” said Wallace.

U.S. Retail Stocks Try to Regain Losses

U.S. markets tried to shrug off yesterday’s steep selloff as major indices inched back into the green at midday trading, the gains were weak.