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Financial

Accessories News

Financial

Best Gifts For Father’s Day 2016

Adidas Raises 2016 Guidance

The German sporting-goods-maker upped its yearly forecast again after releasing strong preliminary second-quarter results.

European Stock Markets Seesaw

Retail and luxury stocks were mostly down in mid-morning trading on Thursday.

A Carrefour hypermarket in Changzhou, China.

Carrefour Profit Hit by China Turnaround

The French retailer said operating profit fell 2.8 percent in the first half as it continued to reorganize its activities in China.

Portefeuille Emilie Louis Vuitton

LVMH Stock Climbs 7.5 Percent

LVMH stock rose more than 7 percent for its biggest one-day gain since 2015, pulling other luxury stocks higher with it.

Karen Elson in Moncler's fall 2016 campaign.

Moncler Profits in Line, Sales Grow in First Half

Growth across all markets and distribution channels helped Moncler report net profits in the first half that were broadly in line with the same period last year, on the back of a 17 percent rise in revenues.

Traders

Investors Not Impressed by Simon Properties or Gildan Activewear

Apple’s earnings pushed the Nasdaq higher, but retail investors weren’t thrilled by Simon Property Group or Gildan Activewear.

gildan logo

Gildan Buys Peds Legwear Amid Disappointing Earnings

Gildan Activewear acquired Peds Legwear for $55 million and delivered disappointing second-quarter results.

European Stock Markets Advance Ahead of U.S. Federal Reserve Update

Retail and luxury stocks also climb in morning trading on Wednesday.

The Fenty Puma Camo Creeper.

Rihanna, Kylie and Euro Tournament Drive Puma’s Growth

Revenues were driven by apparel, which was boosted by the Euro soccer tournament in which five national teams wore Puma jerseys.