Financial

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Mandatory Credit: Photo by AP/REX/Shutterstock (8789095d)House Republicans A flag flies in front of the Capitol dome on Capitol Hill in Washington, after the Republican health care bill passed in the HouseCongress Health Care, Washington, USA - 04 May 2017

Financial

Bill Simon’s Kind Words for the BAT Tax

The former Wal-Mart U.S. chief said a border adjustment tax boost could the economy, but should be implemented in stages.

clock 13mEvan Clark

A Sears store.

Financial

Sears Inks Deals to Reduce Debt and Pension Obligations

One of the agreements allows Sears the option to further extend the maturity of a loan to July 2018.

clock 5hVicki M. Young

Financial

European Markets Rise

Retail and luxury stocks were uneven in late-morning trading on Tuesday.

clock 11hLorelei Marfil

Frédérique Constant's Classic Worldtimer watch

Financial

Swiss Watch Exports Fall 5.7% in April

The drop was less severe than expected despite three fewer working days in the month, the Federation of the Swiss Watch Industry said.

clock 14hJoelle Diderich

Proposed entitlement cuts in the federal budget could impact sales trends at discounters and dollar stores.

Financial

Federal Entitlement Cuts Could Impact Discounters, Dollar Stores

The decline in food stamp participants has weighed on sales trends at some discounters and dollar stores.

clock 24hVicki M. Young

Pai Skincare

Financial

Pai Skincare Secures Series A

The brand plans to scale its global e-commerce operations.

clock May 22, 2017Allison Collins

Financial

European Markets Edge Up

Retail and luxury stocks were mostly on the rise in midmorning trading on Monday.

clock May 22, 2017Natalie Theodosi

Elton John and Theo Fennell

Financial

British Jeweler Theo Fennell Files for Administration

Fennell stepped down as creative director in 2009 and ceased to be involved in any operational management. Instead, he took on more of an ambassadorial role and consulted on design.

clock May 19, 2017Lorelei Marfil

A Destination XL store.

Financial

Destination XL Sales, Profits Decline But Rejects Default Speculation

Ceo David Levin took discussion of first-quarter results as an opportunity to argue the health of the transitioning business after being put on a default risk list by S&P.

clock May 19, 2017Kali Hays

A carry-on from Away.

Financial

Luggage Company Away Secures $20M

The funding will enable the company to enter into new product categories and open stores.

clock May 19, 2017Vicki M. Young

Financial

Europe’s Stock Markets Gain Ground in Mid-Morning Trading

Retail, luxury stocks were mostly on the rise.

clock May 19, 2017Samantha Conti

Montblanc "Sfumato" collection

Financial

Away They Go: Richemont Takes 5% Stake in Dufry

Investment chimes with Johann Rupert’s predictions about the rise of travel.

clock May 19, 2017Samantha Conti

A Ross web advertisement.

Financial

Ross Sales, Profits Keep Climbing in First Quarter

The off-price retailer’s ceo called the gains “respectable.”

clock May 18, 2017Kali Hays

Joe Tsai Alibaba Group Vice Chairman Smiles During a Press Conference Ahead of the 2016 Alibaba Group 11 11 Global Shopping Festival in Shenzhen Guangdong Province China 10 November 2016 Starting From Midnight and Lasting Throughout the Day on 11 November Also Known As Singles' Day Alibaba Group Holds the World's Largest 24-hour Online Shopping Event China ShenzhenChina Alibaba Shopping Festival - Nov 2016Joe Tsai, Alibaba group vice chairman, smiles during a press conference ahead of the 2016 Alibaba Group 11.11 Global Shopping Festival in Shenzhen, Guangdong Province, China, 10 November 2016. Starting from midnight and lasting throughout the day on 11 November, also known as Singles' Day, Alibaba Group holds the world's largest 24-hour online shopping event.

Financial

Alibaba Sees Strong Chinese Consumers and More Digital Stores

The web giant posted big fourth-quarter gains and plans to keep pushing forward ambitiously.

clock May 18, 2017Evan Clark

Victoria's Secret store London, UK - 2017

Financial

L Brands Looks to Brighter Future Amid Sales Declines

The Victoria’s Secret operator was hit by dismal sales early in the year and it’s seeing some fallout after pulling swim and apparel, but it’s keeping positive on growth potential.

clock May 18, 2017Kali Hays

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The scene outside the Manchester Arena after the blast

Business

U.K. Steps Up Security Following Manchester Arena Terror Attack

clock 13hNatalie Theodosi

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