Coupang posts first loss since 2022 as Farfetch saps profit
Coupang Inc posted its first loss in two years, after the acquisition of unprofitable Farfetch Holdings Plc and a government regulatory fine offset strong growth in...
Simone Biles’ leotards ignite sales of made-in-America brand
Simone Biles won four more medals during the Paris Olympics, making her the most decorated American gymnast ever. All that attention has also helped push a...
Capri Holdings “disappointed” as Versace, Kors see double-digit Q1 declines
Chairman and CEO John D Idol admitted that the owner of the Michael Kors, Versace and Jimmy Choo brands was “disappointed… as performance continued to be impacted by softening...
Seoul authorities find toxic substances in Shein and Temu products
Chinese giants including Shein, Temu and AliExpress have skyrocketed in global popularity in recent years, offering a vast selection of clothes and accessories at stunningly...
Tapestry quarterly profit beat Wall Street’s view despite sales dip
Adjusted earnings per share were 92 cents a share in the fourth fiscal quarter, New York-based Tapestry said in a statement, while analysts surveyed...
