After enduring almost a quarter-trillion dollar hit to their market value in recent months, Europe’s luxury firms may see their stock-market clout wane further as …
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Ulta Sparks Rout in Beauty Stocks on Warning of Slowing Demand
Ulta Beauty Inc. tumbled the most since March 2020 after executives signalled cooling consumer demand for beauty products, which weighed on the shares of industry …
Klarna’s Valuation Slashed by $39 Billion Amid Fintech Rout
Klarna Bank AB’s valuation has been slashed to $6.7 billion in its latest funding round, in a dramatic reversal for one of Europe’s most high-profile …
Carousell, L Catterton SPAC Merger Talks End Amid Rout
Carousell Pte, a Singapore-based online classifieds marketplace operator, has recently ended talks to go public through a merger with blank-check company L Catterton Asia Acquisition …