Kroger forecast 2020 profit and comparable sales ahead of Wall Street estimates on Tuesday, saying it expects to see further benefits from investments in store modernization and deliveries, sending its shares up 10%.
A trade war between the world’s top two economies cut U.S. imports of Chinese goods by more than a quarter, or $35 billion, in the first half of this year and drove up prices for U.S. consumers, a study has showed.
The New York-based luxury apparel and accessories company announced on Tuesday that it has acquired contemporary womenswear brands Rebecca Taylor and Parker for a total cash consideration of $19.7 million.
The supercar manufacturer expects to generate 10% of its total profits within 7 to 10 years from brand extensions, including the partnership with the Armani group, as it aims to boost the quality of its apparel range.
Hugo Boss expects sales to recover in the fourth quarter, helped by more modern stores and growth in mainland China and ecommerce, after the German fashion house reported falling sales in the US and Hong Kong.
Instead of leading in fashion education, Paris has historically dawdled behind its greatest rivals. Though that seems very likely to change, and quickly, thanks to a major new project launched in Paris with the IFM.
The playful Swedish lifestyle brand has joined forces with the star of the iconic Home Alone film franchise, Macaulay Culkin, for a mischievously festive sock collection launching just in time for the holidays.
The house of Versace has announced plans to merge its menswear and womenswear shows into one co-ed show starting next year in February 2020, in a surprise move by the legendary Milan-based fashion brand.
Footwear chain Schuh has launched a Sell Your Soles initiative in a deal with Recyclatex. It encourages customers to recycle unwanted shoes, no matter where they’re from, as long as they’re in a wearable condition.