The University of Michigan’s Index of Consumer Sentiment showed a much more buoyant shopper in May.
— May 27, 2016
Ulta Cosmetics and Deckers Outdoors are both rising on their earnings as the market prepares for a holiday weekend.
Retail and luxury stocks were uneven in trading on Friday morning.
PVH Corp.’s chief executive officer Emanuel Chirico said he believes Calvin Klein will become a $10 billion business.
— May 26, 2016
Mark Light, chief executive officer, touted the jeweler as a “growth story” and said Goldman Sachs was helping it explore options for its credit business.
Chico’s missed analysts estimates for the first quarter after reporting net income and sales had dropped.
Milan’s FTSE MIB was the only market to lose ground in morning trading on Thursday.
L Brands decision to kill the Victoria’s Secret catalogue is winning over Wall Street.
— May 25, 2016
The company delivered the increase for the first quarter with the help of Calvin Klein.