Financial

Accessories News

Financial

Baozun and Shopify Complete Their IPOs

Baozun and Shopify each had their IPO day.

Baozu

Baozun Inc. Raises $110M in IPO

The company priced its shares at $10 each Wednesday night.

Inside Stein Mart.

Profits Fall, Sales Rise at Stein Mart in Q1

Comparable sales gain of 4.8 percent includes e-commerce expansion.

Exterior of a Buckle store.

Profits Buckle at Buckle, Online Sales Soar

Buckle Inc. delivered a 10 percent profit decline on sales that fell 0.1 percent for the first quarter.

Shoppers inside Shanghai’s IAPM mall.

Currency Drives Surge in Global Tourism

Global Blue data shows a 50.1 percent gain in April — with China up, and Russia down.

Europe’s Stock Markets Take a Dip

Investors reacted to weak data from Europe and China.

Europe’s Stock Markets Edge Down

Fashion stocks were also down, with Burberry losing 4.9 percent on its downbeat forecasts for the year ahead.

Burberry Prorsum RTW Fall 2015

Currency to Take Bite Out of Burberry’s 2016 Profits

Company reduces its profit guidance for the current year due to currency volatility.

Japan Department Store Sales up 14% in April

Business also got a shot in the arm from foreign tourists, with their buying more than tripling year-on-year for a third straight month.