Bloomberg
China to Place Consumption Tax on More Luxury Goods
BEIJING, China — China will widen the scope of its consumption tax to include more luxury goods, the official Xinhua News Agency reported, a sign
China to Place Consumption Tax on More Luxury Goods
BEIJING, China — China will widen the scope of its consumption tax to include more luxury goods, the official Xinhua News Agency reported, a sign
Twitter Hires First Commerce Chief to Start Shopping Via Tweets
SAN FRANCISCO, United States — Twitter Inc. hired Nathan Hubbard, the former president of Ticketmaster, as its first head of commerce, part of a push
Twitter Hires First Commerce Chief to Start Shopping Via Tweets
SAN FRANCISCO, United States — Twitter Inc. hired Nathan Hubbard, the former president of Ticketmaster, as its first head of commerce, part of a push
Billabong Posts A $860 Million Loss as Brand Deemed Worthless
SYDNEY, Australia — Billabong International Ltd., the Australian surfwear company whose shares fell by more than half over the past year, posted a
Billabong Posts A $860 Million Loss as Brand Deemed Worthless
SYDNEY, Australia — Billabong International Ltd., the Australian surfwear company whose shares fell by more than half over the past year, posted a
Abercrombie Sales Fall 10 Percent; Shares Plummet 17 Percent
NEW YORK, United States — Abercrombie & Fitch Co. plunged the most in more than 21 months after forecasting profit for the current quarter that was
Abercrombie Sales Fall 10 Percent; Shares Plummet 17 Percent
NEW YORK, United States — Abercrombie & Fitch Co. plunged the most in more than 21 months after forecasting profit for the current quarter that was
Macy’s Profit Trails Estimates After Sales Unexpectedly Fall
NEW YORK, United States — Macy's Inc., the second-largest U.S. department-store chain, posted fiscal second-quarter profit that trailed analysts'
Macy’s Profit Trails Estimates After Sales Unexpectedly Fall
NEW YORK, United States — Macy's Inc., the second-largest U.S. department-store chain, posted fiscal second-quarter profit that trailed analysts'
Hudson’s Bay CEO Says REIT Will Surmount Rates
VANCOUVER, Canada — Hudson's Bay Co. Chief Executive Officer Richard Baker says rising interest rates pose no hurdle to a potential spinoff of the
Hudson’s Bay CEO Says REIT Will Surmount Rates
VANCOUVER, Canada — Hudson's Bay Co. Chief Executive Officer Richard Baker says rising interest rates pose no hurdle to a potential spinoff of the
Neiman Said to Draw Interest From CVC, KKR as It Weighs IPO
DALLAS, United States — CVC Capital Partners Ltd. and KKR & Co. have expressed interest in buying Neiman Marcus Inc., the luxury retailer that filed
Neiman Said to Draw Interest From CVC, KKR as It Weighs IPO
DALLAS, United States — CVC Capital Partners Ltd. and KKR & Co. have expressed interest in buying Neiman Marcus Inc., the luxury retailer that filed
Perry Capital Buys 7.3% J.C. Penney Stake Amid Push for Changes
NEW YORK, United States — Perry Capital, the hedge-fund firm founded by Richard Perry, bought 7.3 percent of J.C. Penney Co. and asked the board to
Perry Capital Buys 7.3% J.C. Penney Stake Amid Push for Changes
NEW YORK, United States — Perry Capital, the hedge-fund firm founded by Richard Perry, bought 7.3 percent of J.C. Penney Co. and asked the board to
Prada First-Half Sales Growth Slips as China Luxury Demand Cools
MILAN, Italy — Prada SpA's first-half sales growth fell to a third of last year's as China luxury demand cooled amid a slowdown in the world's
Prada First-Half Sales Growth Slips as China Luxury Demand Cools
MILAN, Italy — Prada SpA's first-half sales growth fell to a third of last year's as China luxury demand cooled amid a slowdown in the world's
Adidas Cuts Forecasts After Quarterly Profit Misses Estimates
HERZOGENAURACH, Germany — Adidas AG cut its forecasts for 2013 because of "lackluster" sales in Europe and unfavorable currency impacts after
Adidas Cuts Forecasts After Quarterly Profit Misses Estimates
HERZOGENAURACH, Germany — Adidas AG cut its forecasts for 2013 because of "lackluster" sales in Europe and unfavorable currency impacts after