STOCKHOLM, Sweden — Fashion retailer H&M said on Monday its sales rose 9 percent in the fourth quarter, putting it on course to increase annual profits for the first time in four years following heavy investment in online and other services to a...
Tuesday, December 17, 2019
Monday, December 16, 2019
H&M Sales Rise 9 Percent in Fourth Quarter #StartUps
#BusinessGuide STOCKHOLM, Sweden — Fashion retailer H&M said on Monday its sales rose 9 percent in the fourth quarter, putting it on course to increase annual profits for the first time in four years following heavy investment in online and othe...
Thursday, December 12, 2019
Lululemon's New Product Investments Hit Holiday Quarter Profit Forecast #StartUps
#BusinessGuide VANCOUVER, Canada — Lululemon Athletica Inc forecast holiday quarter profit largely below analysts' expectations on Wednesday, as the athleisure pioneer invests heavily to launch new products to fend off intensifying competition....
Thursday, December 5, 2019
Moncler Plays Down Possible Kering Takeover #Startups
#businesstips NEW YORK, United States — The chief executive and top shareholder of puffer jacket maker Moncler played down speculation around a takeover by Gucci-owner Kering on Thursday, saying the two firms sometimes talked but that there was ...
Wednesday, December 4, 2019
Hudson's Bay Director Says Insiders' Offer Is Only Deal on the Table #Startups
#businesstips NEW YORK, United States — The Hudson's Bay Co director who led the Saks Fifth Avenue owner's negotiations to sell itself to a group of controlling shareholders said on Wednesday that the C$1.9 billion ($1.4 billion) deal was the on...
Lancôme to Open New Flagship Stores #Startups
#businesstips PARIS, France — L'Oréal's Lancôme brand is planning to open a flagship store in China after launching its first major showcase in Paris this week, its chief executive said, as the company capitalises on the booming demand for high-...