The season will be "decent" but new Apple products will take business away from traditional mall retailers, one analyst said.» Read More
NEW YORK— Wondering how some of the most prominent fashion designers fared at New York Fashion Week? OSCAR DE LA RENTA: DETAIL, AND SOME SKIN.
Red, often a risky choice as it can disappear into the color of the carpet, was the favored tone for stars such as "Veep" nominee Julia Louis-Dreyfus in a column halter Carolina Herrera and "Homeland" star Claire Danes in a vermillion embellished Givenchy dress.
DXL is shuttering its Casual Male nameplate and targeting a customer who's taller, younger and spending more money.
Some of Wednesday's midday movers:
U.S. stock index futures traded down on Wednesday, as European shares fell sharply on rising concerns about Russia and Ukraine.
U.S. stock-index futures pointed to a weak open on Tuesday, with the ISM report likely to be the main feature of the session.
Jim Cramer worries that declines in these stocks could lead you to a very wrong conclusion.
Retail stocks have been underperformers in 2014. Now it's time to invest in companies targeting growth niches that are set to rebound.
LONDON, June 22- Cristina Stenbeck sounds more like a Silicon Valley entrepreneur than the head of one of Sweden's most venerable family-controlled investment groups, Kinnevik. Stenbeck is one of the most powerful business names in Sweden, heard in the same breath as the Wallenberg family or the Perssons behind fashion giant Hennes& Mauritz.
Cristina Stenbeck sounds more like a Silicon Valley entrepreneur than the head of one of Sweden's most venerable family-controlled investment groups
NEW YORK, June 6- Sears Holdings Corp's controlling shareholder Eddie Lampert met with Ford Motor Co CEO Alan Mulally earlier this year to seek advice on how to turn around the ailing retailer, two sources familiar with the matter said.
Michael Kors had a rare stumble Wednesday, when its shares were at risk of falling for the first time on a day it reported earnings.
U.S. stocks rose on Friday, with consumer discretionary leading late session gains.
Some of Friday's midday movers:
*Apple reportedly close to deal for Beats Electronics. Apple Inc was the biggest drag on both the benchmark S&P index and the Nasdaq 100 on news it is close to paying a record $3.2 billion for Beats Electronics, two people with knowledge of the matter said, an expensive foray into music streaming and headphone gear. Apple shares lost 1.2 percent to $581.
A weak sales outlook overshadowed strong fourth-quarter and annual earnings at Ralph Lauren, sending shares almost 6 percent lower.
May 9- Ralph Lauren Corp warned on Friday that its efforts to open more stores would erode operating profit margin at the luxury fashion house in the fiscal year through March 2015, and that sales growth would also be slower.
*Apple reportedly close to deal for Beats Electronics. *Apple Inc is close to paying a record $3.2 billion for Beats Electronics, two people with knowledge of the matter said, an expensive foray into music streaming and headphone gear. Apple shares slipped 0.7 percent to $583.91 while Internet radio provider Pandora Media Inc lost 2.5 percent to $64.52.
U.S. stock index futures pointed to a lower open on Wall Street on Friday, ahead of first quarter results from Liberty Interactive and Ralph Lauren.
May 9- Ralph Lauren Corp said on Friday it expected global revenues to rise between 6 percent and 8 percent in fiscal 2015 but warned its operating margin would decline as it spends money to further build its network of stores. That topped the average Wall Street estimate of $1.83 billion, according to Thomson Reuters I/B/E/S.