Is the US Headed for a Recession? Look at What Richer Americans Do on Black Friday
Richer Americans are curtailing their spending ahead of Black Friday, a worrisome sign for an economy that has
2023-11-21 22:49
Credit Market Thaw Paves Way for Two New M&A Debt Deals
Carrier Global Corp. and Tapestry Inc. are tapping investment-grade bond investors to raise funding for planned mergers and
2023-11-16 03:53
Valentino Chairman Gives Gloomy Outlook for Luxury Sector
The luxury industry’s troubles are mounting, with US department stores struggling and China failing to live up to
2023-09-25 23:46
Macy’s Falls as Markdowns to Clear Inventory Cut Into Sales
Macy’s Inc. comparable sales beat analyst expectations, but a significant drop from a year ago shows that department
2023-08-23 00:20
European Stocks Drop for First Time in Three Days on Policy Risk
European stocks declined for the first time in three days as investors weighed the possibility of hawkish-for-longer central
2023-08-11 20:26
Coach Beat Michael Kors in the Handbag Wars. Now It Has to Fix It
Tapestry Inc., with Coach, and Capri Holdings Ltd., with Michael Kors, have been battling for nearly a decade
2023-08-11 17:52
Coach Owner to Buy Michael Kors Parent in $8.5 Billion Deal
Tapestry Inc., the owner of brands including Coach and Kate Spade, agreed to acquire Michael Kors parent Capri
2023-08-10 20:17
Ralph Lauren Will Keep Raising Prices to Boost Brand Prestige
Ralph Lauren Corp. plans to keep lifting the average price of its products, a sign the US apparel
2023-07-18 05:57
Macy’s Falls After Cutting Outlook as Demand Trends Worsen
Macy’s Inc. said earnings will be weaker than previously expected for the full-year, underscoring the uncertainty around US
2023-06-01 21:29