Financial

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Financial

Jack Ma

SEC Investigates Alibaba’s Singles Day Accounting

The watchdog is taking a closer look at the web giant’s books.

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Express Sales Fall Flat, Income Drops, Guidance Cut

Express reported flat sales, a drop in net income and cut guidance for the full year.

Asian Shares Rally on Higher Oil Prices

Gainers included Fast Retailing, which vaulted 3.9 percent to end at 28,740 yen. Isetan Mitsukoshi advanced 3.8 percent to finish at 1,030 yen.

European Markets Perk Up

Retail and luxury stocks were mostly up in morning trading on Wednesday.

I.T Full-Year Net Profit Falls 33%

Markdowns hit profitability as sales slid in the group’s home market of Hong Kong.

Marks & Spencer fall 2016

Marks and Spencer Profits Fall in Full Year

Steve Rowe, the group’s chief executive, will lay out his strategy for the struggling retailer amid internal and external challenges.

Under Armour UCLA 15 Year Exclusive Performance Footwear and Apparel Deal

Under Armour, UCLA Ink 15-Year Deal

The athletic company will outfit the school’s 25 men’s and women’s varsity teams.

A Joules store

British High Street Brand Joules Set for IPO on London’s AIM This Week

Weekendwear brand popular with families will be valued at $203 million.

A Chico's storefront.

Stocks Higher as Chico’s Fights, DSW Drops and Kohl’s Wins in Viral Video

Stocks are off to a strong open as Barington Capital fights with Chico’s and DSW slashes its guidance for the year.