Financial

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Financial

JD.com has been described as China’s version of Amazon.

JD.com Announces 73% Increase in Revenues

Net revenues for the fourth quarter were $5.6 billion while the gross merchandise value of goods sold was $13.8 billion.

The Kate Spade store in London.

Kate Spade Posted Mixed Q4 Results

The company saw direct-to-consumer sales grow 28%.

Europe’s Markets Rise

Retail and luxury stocks were mostly up, as well, in morning trading Tuesday.

Shoppers Tighten Purse Strings

Evan as personal and disposable income of U.S. consumers show an upward tick, shoppers tightened their purse strings in January.

Luxottica

Management Turmoil Doesn’t Slow Luxottica

North America drove record net profits and sales in 2014 for eyewear giant Luxottica Group SpA.

Europe’s Markets Largely Rise

Fashion and luxury stocks had a positive start, too, on Monday morning.
 

OVS

OVS Debuts on the Italian Bourse

The Italian retailer is floating 45.4 percent of its shares to fund its expansion.

China Factory Gauge Highlights Weakness That Spurred Rate Cut

A Chinese factory gauge signaled contraction again in February.

Stocks Pull Back But End Month With Big Gains

J.C. Penney down 6.8 percent in aftermath of surprise quarterly loss.