Financial

Financial

Hong Kong’s I.T Limited Warns of Half Year Loss

The company cited recent social instability in Hong Kong and the U.S.-China trade war.

clock 29mTiffany Ap

Financial

Europe’s Markets Rise Following Conte’s Resignation as Italy PM

The FTSE MIB in Milan regained some ground on Wednesday morning after registering the worst performance in Europe following the announcement.

clock 35mSandra Salibian

Target

Financial

Target’s Stock Soars in Pre-Market Trading After Stellar Second Quarter Earnings

Investors zeroed in on comparable sales growth of 3.4 percent in the quarter ended Aug. 3,

clock 1hKathryn Hopkins

Urban Outfitters sales decreased 3 percent to $962 million during the three-month period ending July 31.

Financial

Urban Outfitters Fails to Impress in Q2

Fashion misses and too much of the same thing caused sales declines, executives say.

clock 15hKellie Ell

A man walks by a Louis Vuitton shop in Hong Kong.

Financial

Luxe Brands Could Face a Big Sales Hit If Unrest Continues in Hong Kong

Tiffany & Co., LVMH Moët Hennessy Louis Vuitton, Compagnie Financière Richemont, Tapestry and Capri Holdings are all exposed, says Cowen.

clock 15hKathryn Hopkins

A shopper pushes a cart to a T.J. Maxx store entrance, in North Andover, Mass. The TJX Cos. Inc., parent of T.J. Maxx, Marshalls and other stores, reports financial results Tuesday, Aug. 15, 2017Earns TJX Cos, North Andover, USA - 16 May 2017

Financial

T.J. Maxx Owner Misses Sales Estimates as Consumers Treasure Hunt Elsewhere

Comparable sales increased by just 2 percent in the second quarter ended Aug. 3, the weakest pace of growth in more than a year.

clock 18hKathryn Hopkins

kohl's earnings kevin mansell

Financial

Shares of Department Store Kohl’s Rise and Fall After Mixed Earnings Report

Profits are better than expected thanks to a strong start to the back-to-school season, but the momentum wasn’t enough to tame investor fears.

clock August 20, 2019Kellie Ell

Millie Bobby Brown in Pandora jewelry.

Financial

Pandora Q2 Sales, Profit Slip as Company Pursues Brand Relaunch

The struggling Copenhagen-based jeweler will paint the streets of L.A. pink.

clock August 20, 2019Mimosa Spencer

Kate Spade's latest collection by creative director Nicola Glass.

Financial

Luis Sights Set On China as Tapestry Navigates Troubles

Shares of Tapestry tanked after disappointing quarterly results. But the ceo said the future is bright — and in China.

clock August 16, 2019Kellie Ell

J.C. Penney store

Financial

J.C. Penney Reinvents With the Help of Resale

The retailer linked up with ThredUp, following Macy’s Inc.’s move earlier this week.

clock August 15, 2019Kathryn Hopkins and Evan Clark

A View of the Hudson's Bay Company Head Office and Main Store in Toronto Canada 15 June 2015 Hudson's Bay Announced on 15 June That It Has Deal to Buy the Kaufhof Chain of Department Stores in Germany Canada TorontoCanada Hudsons Bay Company - Jun 2015

Financial

HBC Board Committee Balks at Catalyst Offer

A special committee of the Hudson’s Bay Co.’s board sought to warn minority shareholders considering an amended offer by Catalyst.

clock August 15, 2019Sindhu Sundar

Coach is part of the Tapestry portfolio.

Financial

Shares of Tapestry Down After Earnings Miss

Sales at Coach, Kate Spade and Stuart Weitzman were up for the quarter, but that wasn’t enough to tame investor fears.

clock August 15, 2019Kellie Ell

Thousands of garments are stored on a three-tiered conveyor system at the ThredUp sorting facility in Phoenix. Charitable organizations like Goodwill have cited how Marie Kondo's popular Netflix series, "Tidying up with Marie Kondo" has led to a surge of donations. And sites like OfferUp and thredUP also note an uptick in the number of items being sent to them for saleOn The Money Decluttering Tips, Phoenix, USA - 10 Mar 2019

Financial

J.C. Penney Is Also Entering the Resale Business With ThredUp

The retailer is following Macy’s Inc., which announced a partnership with the thrift store earlier this week.

clock August 15, 2019Kathryn Hopkins

The Alibaba headquarters.

Financial

Alibaba Registers Strong Quarter, Revenue Up 42%

Growth in lower-tier cities and continuing robust e-commerce demand buoy the business in spite of deepening trade war.

clock August 15, 2019Tiffany Ap

People line up at Canada Goose's first Flagship Store in Beijing.Canada Goose Flagship Store Opening, Beijing, China - 30 Dec 2018

Financial

Canada Goose Shines in China Despite Worries

The Canadian retailer saw revenue in Asia nearly triple in the first quarter, as it races ahead with expansion plans in China.

clock August 14, 2019Kathryn Hopkins

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Louis Vuitton sneakers.

Accessories

Sneakers Study Finds Women's Sales Outgrowing Men's Market

clock 9hObi Anyanwu

Social Studies