Edition:
United Kingdom

Aishwarya Venugopal

Tiffany beats profit estimates on soaring China demand

24 Nov 2020

Tiffany & Co, which is being bought by French luxury giant LVMH, beat Wall Street expectations for quarterly profit on Tuesday as the U.S. jeweler benefited from an over 70% rise in sales in China and a recovery in demand at home.

Target beats estimates as same-day delivery boosts online demand

18 Nov 2020

Target Corp blew past analyst expectations for quarterly profit and sales on Wednesday as more Americans used the retailer's quick-delivery services to buy everything from electronics to home goods during the COVID-19 pandemic.

Walmart forecasts promising holiday season as online sales soar

17 Nov 2020

Walmart Inc said on Tuesday it was optimistic about its holiday sales prospects in a pandemic-ridden year after the big-box retailer beat Wall Street expectations for quarterly results as Americans increasingly shift their spending online. | Video

Vans owner VF Corp to buy streetwear brand Supreme for about $2.1 billion

10 Nov 2020

VF Corp said on Monday it would pay $2.1 billion to buy streetwear apparel company Supreme, adding another popular brand to the Vans shoe maker's roster. | Video

Nike expected to return to profit as online sales, demand from China pick up

22 Sep 2020

CHICAGO Strong online sales and demand from Chinese shoppers and students heading back to school are expected to have helped Nike swing back to a profit in the first quarter, a sequential improvement from the surprise loss it posted in July, according to Refinitiv.

PREVIEW-Nike expected to return to profit as online sales, demand from China pick up

22 Sep 2020

CHICAGO, Sept 22 Strong online sales and demand from Chinese shoppers and students heading back to school are expected to have helped Nike swing back to a profit in the first quarter, a sequential improvement from the surprise loss it posted in July, according to Refinitiv.

Sports brands Nike, Under Armour throw support behind protesting NBA players

28 Aug 2020

Major sportswear brands Under Armour Inc and Nike Inc said on Thursday they support boycotts by professional athletes who refused to play following the police shooting of a Black man in Wisconsin. | Video

Tiffany beats profit estimates, signals recovery after pandemic blow

27 Aug 2020

Tiffany & Co , which this week delayed the close of its $16.2 billion (12.28 billion pounds) sale to France's LVMH , on Thursday reported a stronger-than-expected quarterly profit and signaled an uptick in sales due to a recovery in China and online demand.

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