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Financial Markets

J.C. Penney Same-Store Sales Rise 3.9 Percent in November-December

J.C. Penney Co Inc's same-store sales rose 3.9 percent in November and December due to strong demand for its private-label offerings and gift products and higher online sales.

Financial Markets

J.C. Penney Same-Store Sales Rise 3.9 Percent in November-December

J.C. Penney Co Inc's same-store sales rose 3.9 percent in November and December due to strong demand for its private-label offerings and gift products and higher online sales.


Financial Markets

French Authorities Investigating Karl Lagerfeld's Taxes

French authorities are investigating Karl Lagerfeld's taxes as the designer is suspected of having hidden more than 20 million euros (approximately $22 million) using complex transactions between various companies.

Financial Markets

French Authorities Investigating Karl Lagerfeld's Taxes

French authorities are investigating Karl Lagerfeld's taxes as the designer is suspected of having hidden more than 20 million euros (approximately $22 million) using complex transactions between various companies.


Financial Markets

Fast Retailing Cuts Operating Profit Forecast on Warm Weather

Fast Retailing Co. cut its full-year operating profit forecast as unseasonably warm weather in its Japanese home market hurt sales of winter clothes for the retailer’s Uniqlo brand of casual wear.

Financial Markets

Fast Retailing Cuts Operating Profit Forecast on Warm Weather

Fast Retailing Co. cut its full-year operating profit forecast as unseasonably warm weather in its Japanese home market hurt sales of winter clothes for the retailer’s Uniqlo brand of casual wear.


Financial Markets

Macy’s Plans to Slash Jobs After Sales Tumble More Than Forecast

Macy’s Inc. announced plans to fire or relocate about 3,000 workers after suffering a worse holiday period than it predicted.

Financial Markets

Macy’s Plans to Slash Jobs After Sales Tumble More Than Forecast

Macy’s Inc. announced plans to fire or relocate about 3,000 workers after suffering a worse holiday period than it predicted.


Financial Markets

How Yves Salomon Transformed Its Business with One Coat

Much in thanks to the success of its youthful, fashion-driven Army jacket, the furrier saw record sales in 2015.

Financial Markets

How Yves Salomon Transformed Its Business with One Coat

Much in thanks to the success of its youthful, fashion-driven Army jacket, the furrier saw record sales in 2015.


Financial Markets

John Lewis Provides Holiday Cheer as Store’s Online Sales Soar

John Lewis captured British shoppers’ online buying habits over Christmas, fueling sales growth at the UK department-store chain.

Financial Markets

John Lewis Provides Holiday Cheer as Store’s Online Sales Soar

John Lewis captured British shoppers’ online buying habits over Christmas, fueling sales growth at the UK department-store chain.


Financial Markets

Next Christmas Season Sales Miss Estimates on Warm Weather

Next Plc started the Christmas reporting season for UK clothing retailers on a sour note by disclosing revenue that missed analysts’ estimates and saying profit will come in at the bottom of its forecast range.

Financial Markets

Next Christmas Season Sales Miss Estimates on Warm Weather

Next Plc started the Christmas reporting season for UK clothing retailers on a sour note by disclosing revenue that missed analysts’ estimates and saying profit will come in at the bottom of its forecast range.


Financial Markets

Lululemon Rises After Analyst Predicts Rebound in Profit Margins

Lululemon Athletica Inc. shares gained as much as 7 percent after Wells Fargo & Co. upgraded the stock, predicting that improvements the company has made to its supply chain should lower costs, reduce discounts and boost profit margins.

Financial Markets

Lululemon Rises After Analyst Predicts Rebound in Profit Margins

Lululemon Athletica Inc. shares gained as much as 7 percent after Wells Fargo & Co. upgraded the stock, predicting that improvements the company has made to its supply chain should lower costs, reduce discounts and boost profit margins.


Financial Markets

Nike Sales Rise 4.1 Percent as Demand Jumps in North America

Nike Inc. reported a 4.1 percent rise in quarterly revenue as demand rose for its shoes and apparel in North America.

Financial Markets

Nike Sales Rise 4.1 Percent as Demand Jumps in North America

Nike Inc. reported a 4.1 percent rise in quarterly revenue as demand rose for its shoes and apparel in North America.


Financial Markets

Foot Locker, Finish Line Rise as Athletic-Shoe Demand Increases

Athletic-shoe retailers Foot Locker Inc. and Finish Line Inc. climbed in New York trading after a Bank of America Corp. analyst raised his recommendations on the companies.

Financial Markets

Foot Locker, Finish Line Rise as Athletic-Shoe Demand Increases

Athletic-shoe retailers Foot Locker Inc. and Finish Line Inc. climbed in New York trading after a Bank of America Corp. analyst raised his recommendations on the companies.


Financial Markets

Rolex Buyers Needn’t Worry as Swiss Put Limit on Anonymous Cash

Switzerland’s government is about to challenge the cash culture with a revised money-laundering law in January that requires due diligence by retailers on all purchases that exceed 100,000 francs — including verifying the buyer’s identity.

Financial Markets

Rolex Buyers Needn’t Worry as Swiss Put Limit on Anonymous Cash

Switzerland’s government is about to challenge the cash culture with a revised money-laundering law in January that requires due diligence by retailers on all purchases that exceed 100,000 francs — including verifying the buyer’s identity.


Financial Markets

H&M Blames Warm Weather Across US and Europe for Sales Miss

Hennes & Mauritz AB reported fourth-quarter revenue that missed analysts’ estimates as unseasonably mild weather weighed on demand in North America and Europe.

Financial Markets

H&M Blames Warm Weather Across US and Europe for Sales Miss

Hennes & Mauritz AB reported fourth-quarter revenue that missed analysts’ estimates as unseasonably mild weather weighed on demand in North America and Europe.