Macy’s said on Sunday it had rejected Arkhouse Management and partner Brigade Capital Management’s $5.8 billion proposal to take the department store operator private, citing …
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Concerns
Under Armour Cuts Revenue Forecast on North America Concerns
Under Armour Inc. cut its full-year revenue forecast, citing weaker demand in its home market of North America in the second half of the fiscal …
Estée Lauder Bulls Flee, Citing China Recovery Concerns
A slew of Wall Street analysts have downgraded Estée Lauder Cos. ahead of the beauty company’s quarterly earnings report, citing concerns around a prolonged recovery …
US Senators Ask Shein About Forced Labour Concerns for Cotton
Three US senators have written to the chief executive officer of Shein, China’s largest private online retailer, demanding information on whether the fast-fashion company sources …
Magazine Luiza’s Net Revenue Drops in Fourth Quarter on Inflation, Interest Rate Concerns
Brazilian retailer Magazine Luiza SA reported net revenue of 9.4 billion reais ($1.87 billion) in its fourth quarter, down 6.6 percent year-on-year. For the full-year, …