[ad_1] By Reuters API Published Jan 31, 2024 The new boss of H&M faces a thorny dilemma: increase prices and lose more ground to budget online fast-fashion rival Shein, or cut prices and risk profit margins falling short of target. Daniel Ervér, 42, took the reins at H&M on Wednesday after Helena Helmersson quit in […]
Read More[ad_1] Check out what’s clicking on FoxBusiness.com Digital news startup The Messenger is shutting down after less than a year and falling well short of its highly ambitious goals. In a memo to staff obtained by Fox News Digital, founder Jimmy Finkelstein told staffers Wednesday he was devastated, but the site had “exhausted every option […]
Read More[ad_1] Needham & Company senior media and internet analyst Laura Martin discusses Netflixs wild trading range ahead of earnings on Making Money. Medial mogul Byron Allen is making another bid to buy Paramount Global after an effort to acquire the conglomerate last year failed to gain traction. Allen Media Group offered $14.3 billion to purchase […]
Read More[ad_1] By Bloomberg Published Jan 31, 2024 What really matters anyway? That’s what Nia Holland, 24, thought after spending $2,500 on a vintage Chanel bag, draining her savings. Earning little money with campus research jobs during graduate school, she knew her money could be better spent, saved or invested. Chanel But at the same time, she said […]
Read More[ad_1] Check out whats clicking on FoxBusiness.com H&M unexpectedly announced a change of leadership on Wednesday, with company veteran Daniel Ervér taking over as CEO from Helena Helmersson as the Swedish fashion retailer‘s performance continues to lag rivals such as Inditex and Shein. Shares in H&M dropped 12% as the company revealed sales for December […]
Read More[ad_1] Ermenegildo Zegna Group is ending the year on a high. The Italian group specialising in very high-end menswear, which is listed on the New York Stock Exchange, is forecasting sales growth of 27.6% in 2023 (+19.3% on an organic basis) to €1.9 billion, as announced on the publication of its preliminary annual results. Its […]
Read More[ad_1] WARNING-Graphic Footage: FOX Business host Larry Kudlow breaks down the border deal as a ‘migrant crime wave’ sweeps through the country on ‘Kudlow.’ Save America. Kill the bill. I’m talking about the Senate bill on illegal immigration. There’s no legislative text yet, but the leaks tell a story of some kind of “trigger” system […]
Read More[ad_1] The Gem and Jewellery Export Promotion Council brought together over 800 artisans from Bengal for an industry seminar at Varachha in Surat. The event was designed to promote support services for the sector. The GJEPC works to boost India’s jewellery production and exports – GJEPC – India- Facebook Assistant labour commissioner S S Dubey […]
Read More[ad_1] Copenhagen Consensus President Bjorn Lomborg discusses the electric vehicle push and the costly impact it will have on the U.S. A new study from the University of Nebraska indicates the nation’s guardrails are ill-equipped to handle electric vehicles, which weigh thousands of pounds more than the average gas-powered sedan. Engineers with the university’s Midwest […]
Read More[ad_1] Translated by Nicola Mira Published Jan 31, 2024 Véronique Gautier, global president of Armani Beauty since 2010, has announced she is stepping down from the role and leaving the L’Oréal Group, which has held the Italian label’s beauty products’ licence since 1988. The Acqua di Gio Absolu perfume – DR “Time has come to […]
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