Financial

Accessories News

Financial

Europe’s Markets Edge Down in Mid-Morning Trading

Retail and luxury stocks were mostly down.

European Markets Mixed

Fashion, luxury and retail stocks were also choppy in morning trading on Monday.

Tokyo Shares Gain

Japanese shares advanced following remarks from Federal Reserve Chairwoman Janet Yellen suggesting that an interest rate hike would be appropriate. Meanwhile, the yen weakened against the dollar and Japan looks set to postpone a controversial sales hike slated for next year.

China Fixes Yuan at Lowest Rate in Five Years

The move is considered a response to Fed Chair Janet Yellen’s recent comments indicating that an interest rate rise could be on its way in the coming months.

Online shoppers.

Consumer Sentiment Jumps as Fashion Flounders

The University of Michigan’s Index of Consumer Sentiment showed a much more buoyant shopper in May.

New York Stock Exchange

Ulta and Deckers Shine as U.S. Market Heads Into the Holiday

Ulta Cosmetics and Deckers Outdoors are both rising on their earnings as the market prepares for a holiday weekend.

European Stock Markets Down

Retail and luxury stocks were uneven in trading on Friday morning.

Calvin Klein Fall 2016

PVH’s Goal for Calvin: A $10 Billion Business

PVH Corp.’s chief executive officer Emanuel Chirico said he believes Calvin Klein will become a $10 billion business.

Investors Hit ‘Sell’ on Signet Despite Gains

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.