Gucci CEO Bizzarri to Leave as Label’s Slump Drags on Kering
Gucci Chief Executive Officer Marco Bizzarri is set to leave the brand as owner Kering SA moves to
2023-07-19 15:27
Fast-fashion retailer Temu blasts rival Shein over 'unlawful exclusionary tactics'
HONG KONG Chinese e-retailer Temu said on Wednesday it has been the target of rival Shein's "unlawful exclusionary
2023-07-19 10:49
Analysis-Why China could become the luxury industry's next sore spot
By Casey Hall and Mimosa Spencer SHANGHAI/PARIS The luxury goods industry has relied heavily on China and North
2023-07-19 10:16
Constellation Announces New Directors in Pact With Activist Elliott
Constellation Brands Inc. appointed two new independent directors as it reached a cooperation agreement with activist investor Elliott
2023-07-19 08:29
White House Asks Walgreens, CVS, Walmart for Help Promoting Drug-Cost Law
Biden administration officials asked executives from major drug and retail chains to counter stiff opposition from the pharmaceutical
2023-07-19 08:19
Billionaire Gilinski Is Said to Raise Bid for Colombia’s Exito
Billionaire banker Jaime Gilinski ramped up his bid to take control of Colombian grocery store chain Almacenes Exito,
2023-07-19 04:21
Babies R Us was gone for good. Now it's back with a new US flagship store
First came Toys R Us' roller coaster revival, and now Babies R Us is experiencing its own rebirth, too.
2023-07-19 03:16
American Credit Scores That Got Pandemic Boost Are Sliding Again
A bevy of US consumers who saw their credit scores boosted by government stimulus and a pause on
2023-07-19 02:21
Retail sales rose in June for third straight month
Spending at US retailers rose in June for the third month in a row, in a subdued show of resilience from American consumers.
2023-07-18 20:55
US retail sales rise slightly in June; core retail sales solid
WASHINGTON U.S. retail sales rose less than expected in June, though consumer spending appeared to be solid, which
2023-07-18 20:50
LVMH’s Sephora Weighs New China Head to Seek €20 Billion Sales
Sephora, the cosmetics retailer owned by luxury conglomerate LVMH, is considering an overhaul of its China operations, including
2023-07-18 20:29
Britain Is Over Worst of Food Price Inflation, Reports Signal
Food inflation in Britain appears to be past its worst after producers and grocers cut prices and raw
2023-07-18 17:50