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S&P Raises Its Outlook on Tapestry After Capri Deal Falls Through
The credit rating agency switched Tapestry to stable from negative after it paid back $6.1 billion in debt…
EXCLUSIVE: Alexis Mabille Seeks New Investors Amid Financial Restructuring
The brand is seeking to reduce its debt and raise funds, with the aim of relaunching its ready-to-wear and…
Dr. Martens Swings to Loss in First Fiscal Half, Confirms Start Date of New CEO, Ije Nwokorie
The British footwear brand has described the current year as one of "transition" as it looks to iron out…
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Urban Outfitters CEO Is Optimistic About the Holiday Season After a Strong Q3
Richard Hayne said record third-quarter sales were broad based, driven by the retail, subscription and…
Kohl’s Q3 Sales Drop 8.8% as Ashley Buchanan Prepares to Become CEO
The current CEO of Michaels will step into the top job at Kohl's in January and will have to address the…
French Olympic Uniform Maker Le Coq Sportif Placed in Receivership
The company has faced consecutive quarters of losses and is being sued by the French Rugby Federation, among…
Retail Stocks Soar Into the Holidays as Gap Leads Wall Street Rally
The consumer economy hasn't necessarily changed overnight, but investors are feeling better after seeing some…
Destination XL Posts Net Loss in Q3 as Traffic Falters, Brings Down Yearly Projections
The men's big and tall retailer is also pausing its brand campaign and reducing store openings.
Amazon, Walmart and Costco Are Running Away With 46 Percent of Retail Growth
Research from Morgan Stanley showed that "the big are getting bigger at an accelerating rate."
Golden Goose Profitability Grows in Nine Months
The performance was boosted by the brand's direct-to-consumer channel.
Target Stock Loses $15.8B in Market Cap as Weak Discretionary Sales Hit Q3 Profits
The company continued to struggle with discretionary sales and wracked up costs to bring goods in ahead of…
Paris Department Store Printemps Starts Accepting Cryptocurrencies
The retail institution will now accept Bitcoin, Ethereum and stablecoins through a partnership with Binance…
Mulberry Posts a First-half Loss, Plans to Slash Head Office Roles
The British brand, which saw revenue drop 19 percent in the six months to Sept. 28, will cut around 85 head…
Walmart Is Growing With Fashion as It Attracts Higher-income Shoppers
CEO Doug McMillon said the company is positioned to grab more market share in the apparel business.
Dillard’s Reports Declines in Income, Sales in Q3
Cosmetics were strong in the period while juniors', kids' and men's apparel were weak.