Financial

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Financial

Europe’s Markets Shrug Off Greek Default, Debt Crisis

All of the region's major indices were on the rise in morning trading on Wednesday.

Impact of Greek Debt Crisis: Amplified Currency Pressure On U.S. Firms

The potential contagion impact of Greece on global economies is still too early to predict, but already there’s been currency pressures on sales of fashion goods.

Shoppers in Berlin

European Equities Lose Footing, Consumer Spending Threatened

For George Wallace, chief executive of MHE Retail, the real impact of a potential Greek default and exit from the euro is “confidence and sentiment rather than real economics,” said Wallace.

U.S. Retail Stocks Try to Regain Losses

U.S. markets tried to shrug off yesterday’s steep selloff as major indices inched back into the green at midday trading, the gains were weak.

U.S. Equities Up in Pre-market Opening Trades

After plunging 350 points — or 2 percent — on news of a Greek debt default, the Dow Jones Industrial Average was up 0.5 percent to 17,604 in pre-market trading.

European Stocks Dip Amid Greece Fears

The country is holding referendum on Sunday on its debt crisis.

Sergio Rossi designer Angelo Ruggeri explored different aspects of the tuxedo for his evening range of shoes, such as this sandal that resembles a collar.

Potential Suitors Emerge for Sergio Rossi

Kering’s quest to sell the Italian luxury footwear label Sergio Rossi is moving ahead, with at least three potential bidders in sight, WWD has learned.

Greek Chill Hits Fashion, Retail Stocks

Having been traumatized by the housing mortgage bubble of 2007, investors know that finance is a complicated global game with connections and implications that are as far-reaching as it is deep.

Outside a Bon-Ton location.

Bon-Ton in Sale-Leaseback Deal for Six Properties

Six properties will raise $84 million to pay off mortgage loan facility.