Burberry reports third quarter revenue of 665 million pounds Comparable store sales up 3%, more than expected Burberry did less discounting than a year ago Strong growth in Gen Z shoppers in Greater China, Asia-Pacific Shares up 4% Jan 21 (Reuters) – Burberry (BRBY.L), opens new tab beat expectations for sales growth in the key…
Q3 net loss widens to $365 million from $323 million a year ago Revenue jumps 36% in Q3, but tariffs and costs hit margins Shares drop as much as 17% Nov 12 (Reuters) – Polestar reported a wider third-quarter loss on Wednesday and said it would conduct a reverse stock split – reducing the number…
Shein to open outlet in Paris department store on Wednesday Its first permanent stores have drawn widespread criticism France working on fast fashion law that Shein opposes Shein under scrutiny in France over low-cost business model LONDON, Nov 4 (Reuters) – Chinese online fashion platform Shein is ramping up its fight in France, gambling that…
A view shows the headquarters of New World Development at New World Tower, in Hong Kong, China September 27, 2024. REUTERS/Tyrone Siu/File Photo HONG KONG, June 19 (Reuters Breakingviews) – A property giant’s struggle to secure an $11 billion debt refinancing is keeping regulators and bankers in Hong Kong on edge, for good reason. A…