[ad_1] PARIS, July 27 (Reuters) – LVMH’s (LVMH.PA) shares eged higher on Tuesday after the world’s biggest luxury goods group posted higher sales and profits, driven by surging sales of…
Tag: APRET
Robinhood is new eye of GameStop storm as outrage grows
[ad_1] Jan 28 (Reuters) – Online broker Robinhood has been one of the hottest venues in this week’s retail-trading frenzy but its sudden curbs on buying of some hot stocks…
Moscow approves sale of Inditex’s Russian business to UAE-based buyer
[ad_1] This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, April 5 (Reuters) – The Russian government on Wednesday said it…
Ladbrokes owner Entain buys sports media business 365scores
[ad_1] April 5 (Reuters) – British gambling group Entain Plc (ENT.L) said on Wednesday it has acquired sports media business 365scores for $150 million in an attempt to improve its…
UK retail spending soars as economy reopens
[ad_1] UK retail sales rise 9.2% m/m in April, up 42.4% y/y Non-essential shops in England reopened on April 12 Clothing sales jump by 70% on month as socialising resumes…
Fashion boss Cucinelli offers vaccine holdouts 6 months paid leave
[ad_1] MILAN, July 22 (Reuters) – Italian luxury boss Brunello Cucinelli is offering six months of paid leave to a handful of employees who have refused to vaccinate in order…
Sports platform Fanatics valued at $27 bln in new funding round -sources
[ad_1] March 2 (Reuters) – Fanatics has raised $1.5 billion in new financing, which now values the U.S. sports platform at $27 billion, sources familiar with the matter said on…
Sweden’s H&M to lay off 1,500 staff in drive to cut soaring costs and rescue profits
[ad_1] H&M to cut 1,500 jobs as part of cost-cutting drive The firm is challenged by stiff competition and rising costs Books restructuring charge of $75.8 mln in fourth quarter…
Shein, Temu in fierce fight over US market for $10 dresses
[ad_1] NEW YORK/SHANGHAI, March 9 (Reuters) – Online fast-fashion retailer SHEIN and its newer rival Temu are in a race to win shoppers’ attention for their inexpensive China-made goods. The…