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Financial

American flags flying in front of the historic buildings of Wall Street in the financial district of Manhattan, New York City NYC

Financial

Retail Misses Post-Election Rally on Wall Street

Stocks overall continued to rise despite the drawn-out election, but the justification for those increases seem to have changed.

BBC Russian 4hEvan Clark

wall street sign flags

Financial

Retailers Lag as Wall Street Rises Amid Election Uncertainty

Many consumer-oriented companies saw their stock slip even as Blue Chip stocks gained with votes still being counted.

BBC Russian 10hEvan Clark

www.mansberg.se

Financial

Zalando Raises Guidance as Consumers Acclimate to Lockdown

The German e-commerce platform saw revenues jump by over 20 percent as shoppers and retailers headed online.

BBC Russian 18hCathrin Schaer

The Election Question: First Presidential Priority

Financial

The Election Question: First Presidential Priority

Unity, COVID-19 coordination, the economy, social justice — where fashion’s biggest names want the next administration to focus.

BBC Russian 21hWWD Staff

Carrera

Financial

Safilo Reports Growth in Third Quarter

North America and Mainland China, as well as a growing online business, helped boost the Italian eyewear group’s performance.

BBC Russian November 3, 2020Luisa Zargani

People arrive at the ticketing area inside Terminal B at LaGuardia Airport Wednesday, July 15, 2020, in New York. (AP Photo/Frank Franklin II)

Financial

Travel-Retail Giant Dufry’s Q3 Sales Drop 80.5%

The Swiss company’s business continued to be hard hit in the quarter by travel restrictions due to the coronavirus.

BBC Russian November 3, 2020Jennifer Weil

Hugo Boss' outdoor show in Milan, showing the brand's Spring/Summer 2021 collection.

Financial

Hugo Boss Plans Pandemic-Driven Focus on Casualwear

Revenues in the third quarter decreased 24 percent, despite a return to positive sales in China and e-commerce gains.

BBC Russian November 3, 2020Cathrin Schaer

Pandora

Financial

Pandora Sees Sales in Q3 Fall 5%, Marking an Improvement

Online revenues jumped 89 percent over the quarter to reach 21 percent of sales.

BBC Russian November 3, 2020Mimosa Spencer

shopping center parking lot mall

Financial

Mall Operators CBL, PREIT File for Bankruptcy Protection

The pandemic and shutdowns forced the landlords to restructure with lenders in bankruptcy court.

BBC Russian November 2, 2020Evan Clark

Under Armour store

Financial

Under Armour’s Better-than-expected Earnings and Sale of MyFitnessPal Boost Shares

Meanwhile, the footwear, accessories, international and e-commerce businesses gain traction, while the wholesale and North American divisions continue to lag.

BBC Russian October 30, 2020Kellie Ell

Columbia's Black Dot Three Forks jacket.

Financial

Columbia Shuffles Leaders as Third Quarter Shows Improvement

The outdoors brand is focusing more on omni-channel initiatives as future growth opportunities.

BBC Russian October 29, 2020Jean E. Palmieri

Ralph Lauren at his Spring 2019 RTW show.

Financial

A More Focused Ralph Lauren for the Pandemic

The company, which is moving Chaps to a licensed model, started coming back in the second fiscal quarter with narrower losses.

BBC Russian October 29, 2020Evan Clark

Ralph Lauren

Financial

Ralph Lauren Moves Chaps to Licensed Model, Narrows Losses

The firm’s second-quarter top and bottom line showed improvement over the first quarter.

BBC Russian October 29, 2020Evan Clark

Coach store

Financial

Recovery Starts to Take Shape for Tapestry Inc., Parent to Coach and Kate Spade

The retailer logged a $231 million profit for the quarter, up from $20 million the same time last year.

BBC Russian October 29, 2020Kellie Ell

inside a j.c. penney store

Financial

J.C. Penney Inks Asset Deal With Landlords, Lenders

The retailer said it is charting a course to exit bankruptcy before the holiday season.

BBC Russian October 28, 2020Evan Clark

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