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News & Analysis

Puma Second-Quarter Profit Declines More Than Analysts Estimated

HERZOGENAURACH, Germany — Puma SE, Europe's second-largest sporting goods maker, reported quarterly profit that declined more than analysts estimated

News & Analysis

Puma Second-Quarter Profit Declines More Than Analysts Estimated

HERZOGENAURACH, Germany — Puma SE, Europe's second-largest sporting goods maker, reported quarterly profit that declined more than analysts estimated


News & Analysis

Swatch Sees Strong Second Half as First-Half Profit Rises 6.1 Percent

BIEL, Switzerland — Swatch Group AG, the maker of $50 colorful namesake watches as well as $5,000 Omega timepieces, said it expects a strong second

News & Analysis

Swatch Sees Strong Second Half as First-Half Profit Rises 6.1 Percent

BIEL, Switzerland — Swatch Group AG, the maker of $50 colorful namesake watches as well as $5,000 Omega timepieces, said it expects a strong second


News & Analysis

VF Says It Dropped Pursuit of Billabong Brand as Too Expensive

GREENSBORO, United States — VF Corp., the world's largest apparel maker, dropped its pursuit of Billabong International Ltd.'s surf brand and stores

News & Analysis

VF Says It Dropped Pursuit of Billabong Brand as Too Expensive

GREENSBORO, United States — VF Corp., the world's largest apparel maker, dropped its pursuit of Billabong International Ltd.'s surf brand and stores


News & Analysis

Bidding War Erupts as Saks Shares Jump in New York

NEW YORK, United States — Saks Inc. rose as much as 19 percent after the New York Post reported Starwood Capital Group LLC had joined bidding for the

News & Analysis

Bidding War Erupts as Saks Shares Jump in New York

NEW YORK, United States — Saks Inc. rose as much as 19 percent after the New York Post reported Starwood Capital Group LLC had joined bidding for the


News & Analysis

LVMH China Watch Sales Decline Offset by Overseas Purchases

PARIS, France — LVMH Moet Hennessy Louis Vuitton SA, the world's largest luxury-goods maker, says its sales of jewelry and watches have dropped in

News & Analysis

LVMH China Watch Sales Decline Offset by Overseas Purchases

PARIS, France — LVMH Moet Hennessy Louis Vuitton SA, the world's largest luxury-goods maker, says its sales of jewelry and watches have dropped in


News & Analysis

Alibaba Gains Momentum for IPO With Profit Margin Double Apple’s

HUNGZHOU, China —Alibaba Group Holding Ltd., which accounted for about 2 percent of China's gross domestic product, is building momentum for a

News & Analysis

Alibaba Gains Momentum for IPO With Profit Margin Double Apple’s

HUNGZHOU, China —Alibaba Group Holding Ltd., which accounted for about 2 percent of China's gross domestic product, is building momentum for a


News & Analysis

Billabong to Study Rival Refinancing Deal from U.S. Debt Funds

SYDNEY, Australia — Billabong International Ltd., the surfwear company that's accepted a refinancing offer from a group led by Altamont Capital

News & Analysis

Billabong to Study Rival Refinancing Deal from U.S. Debt Funds

SYDNEY, Australia — Billabong International Ltd., the surfwear company that's accepted a refinancing offer from a group led by Altamont Capital


News & Analysis

Retail Rents in Hong Kong to Post First Decline Since 2008

HONG KONG, China — Hong Kong's retail rents will post its first annual decline since 2008 this year as mainland Chinese shoppers spend less on luxury

News & Analysis

Retail Rents in Hong Kong to Post First Decline Since 2008

HONG KONG, China — Hong Kong's retail rents will post its first annual decline since 2008 this year as mainland Chinese shoppers spend less on luxury


News & Analysis

Hermès Says Sales Growth May Top 10 Percent Goal This Year

PARIS, France — Hermès International SCA, the French maker of Kelly bags, said sales growth this year may top 10 percent after reporting revenue that

News & Analysis

Hermès Says Sales Growth May Top 10 Percent Goal This Year

PARIS, France — Hermès International SCA, the French maker of Kelly bags, said sales growth this year may top 10 percent after reporting revenue that


Global Markets

Nike Just Doesn’t Do It With Chinese in Lost Sales Year

PORTLAND, United States — Not long ago, Nike Inc. could simply open stores in China and wait for newly minted middle-class shoppers to show up.

Global Markets

Nike Just Doesn’t Do It With Chinese in Lost Sales Year

PORTLAND, United States — Not long ago, Nike Inc. could simply open stores in China and wait for newly minted middle-class shoppers to show up.