Gap forecasts return to sales growth on Athleta boost, vaccine roll-out
(Reuters) – Apparel retailer Gap Inc on Thursday forecast a return to sales growth this year, as it expects sales at its Athleta [...]
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Britain's ASOS scoops up prized Arcadia brands for 265 million pounds
LONDON (Reuters) – ASOS has bought the Topshop, Topman, Miss Selfridge and HIIT brands from the administrators of Philip Green’s collapsed Arcadia group [...]
U.S. SEC charges Sequential Brands with deceiving investors over goodwill
WASHINGTON/NEW YORK (Reuters) -The U.S. Securities and Exchange Commission on Friday sued Sequential Brands Group Inc, accusing the brand management company of deceiving [...]
Alibaba boasts $56 billion sales as post-virus Singles' Day gets into full swing
HANGZHOU, China (Reuters) – China’s Alibaba said orders on its e-commerce platforms during the Singles’ Day shopping extravaganza had exceeded $56 billion by [...]
Alibaba's Singles Day sales top $74 billion, planned rules hit shares
HANGZHOU, China (Reuters) – Alibaba 9988.HK sales for its post-COVID-19 Singles’ Day shopping extravaganza hit $74 billion, a haul that was overshadowed by [...]
LVMH says submits disputed Tiffany takeover for EU clearance
Slideshow ( 2 images )PARIS (Reuters) – LVMH said on Friday it had submitted its troubled takeover of Tiffany, which is now at [...]