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
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
Tapestry Inks Largest M&A Debt Financing This Year for Capri Purchase
Tapestry Inc., the owner of brands including Coach and Kate Spade, has entered into the largest high-grade loan
1970-01-01 08:00
Tapestry Plans to Use Coach Playbook to Turn Around Michael Kors
Coach owner Tapestry Inc. needs to turn around the struggling Michael Kors brand to get the most out
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
EssilorLuxottica Adds Jimmy Choo to Its Deep License Portfolio
EssilorLuxottica SA, the world’s biggest eyeglass maker, will produce Jimmy Choo Eyewear under a 10-year licensing deal starting
1970-01-01 08:00
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
1970-01-01 08:00