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Burberry Warns Luxury Slump Puts Revenue Target Under Threat
Burberry Warns Luxury Slump Puts Revenue Target Under Threat
Burberry Group Plc warned this year’s revenue target may be out of reach after the UK trench-coat maker’s
2023-11-16 15:56
US Makes Biggest Seizure of Knock-Off Luxury Items at $1 Billion
US Makes Biggest Seizure of Knock-Off Luxury Items at $1 Billion
Federal prosecutors said they made the biggest-ever US seizure of fake designer handbags, shoes and other items —
2023-11-16 08:16
Rich Chinese Shoppers’ Appetite Slows as Confidence Falters
Rich Chinese Shoppers’ Appetite Slows as Confidence Falters
Global luxury retailers counting on wealthy Chinese shoppers to raise their sales might be dismayed by recent reports
2023-11-15 12:25
Discount Retailers’ Sales Rebound With Anxious Shoppers Seeking Deals
Discount Retailers’ Sales Rebound With Anxious Shoppers Seeking Deals
Value retailers are holding up against a broader spending pullback as persistent anxiety over the economy and a
2023-11-14 22:21
Chinese Tourists Are Returning to London, But Spending Far Less
Chinese Tourists Are Returning to London, But Spending Far Less
Chinese tourists are returning to London after restrictions on travel were lifted, but they’re spending dramatically less than
2023-11-13 08:15
Aerosmith Brings Sweet Emotion to Japan With Fish-Shaped Pastry
Aerosmith Brings Sweet Emotion to Japan With Fish-Shaped Pastry
When Aerosmith announced their farewell tour after half a century of belting out rock hits, fans in Japan
2023-11-10 12:51
Topgolf Callaway Sinks After Weak Sales Prompt Analyst Rating Cuts
Topgolf Callaway Sinks After Weak Sales Prompt Analyst Rating Cuts
Topgolf Callaway Brands Corp. tumbled on Thursday after weaker-than-expected sales trends at its namesake chain of high-tech driving
2023-11-10 00:53
Amazon Eliminates Jobs in Music Division in New Round of Cuts
Amazon Eliminates Jobs in Music Division in New Round of Cuts
Amazon.com Inc. is cutting jobs in its music division, which encompasses the retail giant’s audio streaming platform and
2023-11-09 02:45
Under Armour Cuts Revenue Forecast on North America Concerns
Under Armour Cuts Revenue Forecast on North America Concerns
Under Armour Inc. cut its full-year revenue forecast, citing weaker demand in its home market of North America
2023-11-08 21:51
Adidas Eyes More Yeezy Sales Next Year With Big Stockpile Left
Adidas Eyes More Yeezy Sales Next Year With Big Stockpile Left
Adidas AG is pausing sales of Yeezy sneakers for the rest of this year, but Chief Executive Officer
2023-11-08 20:54
Swiss Watch Billionaire Bucherer Dies Months After Selling Business to Rolex
Swiss Watch Billionaire Bucherer Dies Months After Selling Business to Rolex
Jörg G. Bucherer, the billionaire third-generation scion of one of the most exclusive watch and jewelry retailers in
2023-11-08 18:59
EBay Projects Holiday Revenue That Falls Short of Estimates
EBay Projects Holiday Revenue That Falls Short of Estimates
EBay Inc. issued a bleak revenue outlook for the busy holiday quarter, suggesting the company continues to struggle
2023-11-08 05:57
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