Dow Jones Industrial Average

Board above the trading floor of the New York Stock Exchange shows the closing Dow Jones Industrial Average number, . The stock market had its biggest drop since the Black Monday crash of 1987 as fears of economic fallout from the coronavirus crisis deepened. The Dow industrials plunged more than 2,300 points, or 10%. The vast majority of people recover from the new coronavirus. According to the World Health Organization, most people recover in about two to six weeks, depending on the severity of the illnessFinancial Markets Wall Street, New York, United States - 12 Mar 2020

Financial

Fashion Retailers Taken Down a Notch on Wall Street

Credit watchdog Fitch Ratings has downgraded Macy’s, Kohl’s, J.C. Penney and Levi Strauss.

clock April 1, 2020Kellie Ell

Victoria's Secret store

Financial

Victoria’s Secret Sale to Sycamore Partners at Risk

The coronavirus has already begun causing casualties in the retail world. L Brands’ sale of the lingerie business might be next.

clock March 30, 2020Kellie Ell

Lululemon store

Financial

Lululemon Surpasses More Than $1 Billion in Revenue in Quarter

But the effects of the coronavirus Stateside are yet to be seen.

clock March 26, 2020Kellie Ell

Mall

Financial

Businesses Free Up Cash Reserves Amid Coronavirus Crisis

Temporary store closures, work-from-home mandates and a halt to major air traffic means retailers in particular are under extended financial pressure.

clock March 16, 2020Kellie Ell

Victoria's Secret storefront

Financial

Victoria’s Secret Parent Names Les Wexner’s Replacement on the Board

Sarah E. Nash will begin once the sale of the lingerie company is complete.

clock March 12, 2020Kellie Ell

HanesBrands

Human Resources

HanesBrands CEO Gerald W. Evans Set to Retire Next Year

The innerwear and activewear company has begun its search for his successor.

clock March 11, 2020Kellie Ell

Urban Outfitters

Financial

Coronavirus Causes Sales, Traffic to Decline at Urban Outfitters’ Seattle, Milan Stores

Company shares fall, along with the Dow Jones as virus continues to spread across the globe.

clock March 11, 2020Kellie Ell

Traders work on the floor of the New York Stock Exchange in New York, New York, USA, on 11 October 2018. The Dow Jones industrial average lost nearly 550 points today.New York Stock Exchange, USA - 11 Oct 2018

Financial

The Stock Market’s Wild Ride

Don’t expect volatility to ease up in 2019.

clock January 7, 2019Kellie Ell

AUSTRALIA AND NEW ZEALAND OUTMandatory Credit: Photo by DANNY CASEY/EPA-EFE/REX/Shutterstock (9770652b)Market trading boards display figures at the Australian Stock Exchange (ASX) centre in Sydney, Australia, 26 July 2018. Australian media giants Fairfax and Nine on 26 July announced plans of a 744 million US dollar merger of the two companies, forming one of the countries largest media outlets.Australian media giants Fairfax and Nine merge, Sydney, Australia - 26 Jul 2018

Financial

What to Watch: The Stocks Worth Eyeing

Don’t expect a recession, but a slowdown might be on the menu.

clock January 2, 2019Kellie Ell

Retail valuations have fallen as investors struggle to see the path forward.

Financial

Retail’s Wild Ride on Wall Street in 2018

A look at some of the best- and worst-performing stocks in the sector.

clock December 31, 2018Kellie Ell

Minimum usage fee is £35Mandatory Credit: Photo by Cultura/REX/Shutterstock (9706678a)MODEL RELEASED, Female customer in shop, paying for goods using credit card on contactless payment machine, mid section, close-upVARIOUS

Financial

Consumer Confidence Dips Even as Shoppers Buy More

Meanwhile, the stock market continued to fluctuate.

clock December 27, 2018Kellie Ell

echo look amazon

Financial

Amazon Breaks Records During Strong Holiday Shopping Season

The e-commerce company said it sold more products around the world this year than ever before.

clock December 26, 2018Kellie Ell

Financial

Update: U.S. Stocks Rise Following Paris Attacks, Retail Declines

And at the opening bell, major indices plunged with retail stocks in particular suffering steep declines as investors dropped out following weak earnings reports last week.

clock November 16, 2015Arthur Zaczkiewicz

The Wall Street bronze Bull sits between empty streets in Lower Manhattan, New York, early August 28, 2011 as Hurricane Irene hits the city and Tri State area with rain and high winds.

Financial

Bears Rush Market Minutes Before Close

After spending the day with gains of between 0.2 and 0.5 percent, the key indices were slammed minutes before the bell and ended up in the red. The WWD Global Stock Tracker avoided the selloff due to earlier market closes in Europe and Asia.

clock April 7, 2015Arthur Zaczkiewicz

Arrow

Essentialist

Today's Must Read

A look from Kenzo's capsule collection with Kansai Yamamoto.

Fashion

EXCLUSIVE: Kenzo Partners With Kansai Yamamoto on Capsule Collection

clock 8hJoelle Diderich

Social Studies

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