Financial

Amazon

Financial

Amazon Paying €100M to End Italy’s Tax Probe, EU Case Enters New Phase

The online powerhouse is paying up to end one tax dispute, but a bigger one doesn’t look to be going anywhere.

clock 9mKali Hays

H&M store in CopenhagenStock, Denmark - 2017

Financial

H&M To Close Stores and Sell More on Tmall As Q4 Sales Disappoint

The Swedish retailer’s shares plunged 15 percent after it reported an unexpected drop in sales due to “weak” business at its stores.

clock 10hMimosa Spencer

Westfield World Trade CenterWorld Trade centre, New York, USA - 07 Jun 2017

Financial

Dealmaking Heats Up, but for How Long?

The mergers and acquisitions is set up now for more deals with the stock market at high and money ready to be put to work.

clock 13hEvan Clark

gucci-pre-fall

Financial

Kering Raises Interim Dividend on Stellar Performance

The owner of brands including Gucci, Saint Laurent and Balenciaga has increased its interim dividend by 33 percent to 2 euros.

clock December 14, 2017Joelle Diderich

A partial assortment from Brandless.

Financial

Brandless’ $35M Series B Round Includes High-Profile Individuals

The round includes more than 20 individual investors, such as Mindy Grossman and Leslie Blodgett.

clock December 14, 2017Vicki M. Young

The New York flagship on Fifth Ave. will close by the end of December.

Financial

Charming Charlie: Bankruptcy Update

The retailer’s counsel said 6,700 total retail stores have closed so far, with Charming Charlie the 20th major retail bankruptcy this year.

clock December 13, 2017Vicki M. Young

Calypso is beginning liquidation sales as part of its forced bankruptcy.

Financial

Calypso Set to Liquidate, Close All Stores

The beachy brand is among several retail casualties this year.

clock December 13, 2017Kali Hays

Zara's Mumbai flagship store

Financial

Inditex Reassures as 9-Month Net Profit Rises 6%

The Zara owner said sales rose 10 percent, prompting optimism for the crucial end-of-the-year period.

clock December 13, 2017Mimosa Spencer

A Sears store.

Financial

Sears Holdings Extends Maturity of Term Loan

The Term Loan now matures in January 2019.

clock December 12, 2017Vicki M. Young

Miroslava DumaStreet style, Spring Summer, 2017 Haute Couture, Fashion Week, Paris, France - 24 Jan 2017

Financial

Patagonia Sees Sales Spike After Launching Fight With Trump

The activist-centric company’s new fight over public land seems to be doing well, judging by the business.

clock December 12, 2017Kali Hays

The New York flagship on Fifth Ave. will close by the end of December.

Financial

Charming Charlie Plans Quick Chapter 11 Exit

The company is closing 100 stores, including its Manhattan flagship on Fifth Avenue.

clock December 12, 2017Vicki M. Young

The New York flagship on Fifth Ave. will close by the end of December.

Financial

Charming Charlie Files Voluntary Chapter 11 Petition

The petition was filed in Delaware.

clock December 11, 2017Vicki M. Young

Street Style, Arrival for AcneStreet Style, Day 5, Autum Winter 2017, Paris Fashion Week, France - 04 Mar 2017

Financial

Which Fashion, Beauty and Retail Players Saw Sales Grow the Most?

The winners and losers of third-quarter earnings, according to WWD.

clock December 11, 2017Kali Hays

American Apparel shop on Oxford Street closed down and empty.American Apparel shop closed down on Oxford Street, London, UK. - 26 Dec 2016.

Financial

Which Retailers Are Closing Stores in 2017

From American Apparel to Macy’s, retailers of all stripes have been suffering lately and closing stores.

clock December 11, 2017Evan Clark

Mastercard's Masterpass.

Financial

Mastercard Selects Hypr Corp. to Join Start Path Program

The initiative invests in companies that show promise in transforming modern commerce — at scale.

clock December 11, 2017Elizabeth Doupnik

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Jonathan Saunders and Diane von Furstenberg at the CFDA Fashion Awards after party

Fashion

Jonathan Saunders Resigns as Chief Creative Officer of DVF

clock 10hJoelle Diderich

Social Studies