Apparel Retail

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Burberry shares drop 15% after the luxury giant issues profit warning and replaces CEO

Pedestrians walk past a Burberry Group Plc store, left, in the Causeway Bay shopping district of Hong Kong. Xaume Olleros…

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Nike warns of guidance cut as it posts slowest annual sales gain in 14 years

Nike on Thursday reported its slowest annual sales growth in 14 years, excluding the Covid-19 pandemic, as the sneaker giant…

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Trump launches sneaker line

Republican presidential candidate, former U.S. President Donald Trump blows a kiss to a member of the audience during a Get…

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LVMH shares jump 8% as earnings point to luxury sector resilience

Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, speaks during a press conference to present the 2023…

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Black Friday shoppers spent a record $9.8 billion in U.S. online sales, up 7.5% from last year

Black Friday shoppers pick out clothing in a Lacoste store as retailers compete to attract shoppers and try to maintain…

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