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United Kingdom

Melissa Fares

Lee, Wrangler owner's shares fall 9 percent on fading jeans business

6:25pm BST

VF Corp shares fell 9 percent on Friday after the apparel maker lowered revenue forecasts for its jeans business and reported slow outdoor wear sales even as its popular Van sneakers lifted quarterly profit.

Sponsors EA and Nike say concerned about Ronaldo rape claims

05 Oct 2018

Sportswear maker Nike Inc and video game maker Electronic Arts Inc and said on Thursday they were concerned about rape allegations against Cristiano Ronaldo, one of the world's best football players.

Sponsors EA and Nike say concerned about Ronaldo rape claims

05 Oct 2018

Oct 4 Sportswear maker Nike Inc and video game maker Electronic Arts Inc and said on Thursday they were concerned about rape allegations against Cristiano Ronaldo, one of the world's best football players.

Farfetch tops price range in IPO in boon to luxury market

21 Sep 2018

PARIS/NEW YORK Farfetch priced its shares above its targeted range on Friday in a New York flotation that values the online luxury retailer at over $5.8 billion (4.44 billion pounds) and underscores how big a bet web sales have become for high-end brands.

Walmart's Jet.com to offer Nike products in bid for urban consumers

13 Sep 2018

NEW YORK Walmart's Jet.com said on Thursday it will sell Nike Inc products and offer more delivery options, beginning in its top market of New York City, in a bid to sharpen its aim for affluent, urban consumers and better compete with e-commerce rivals like Amazon.com Inc. | Video

Kroger misses same-store sales estimates, shares drop 11 pct

13 Sep 2018

U.S. supermarket chain Kroger Co missed quarterly same-store sales estimates on Thursday, sending shares down as much as 11 percent, as changes to the way it stocks merchandise on shelves kept some customers away from its stores, analysts said.

Kraft Heinz sees rising costs, still weighing M&A deal: CEO

07 Sep 2018

NEW YORK Kraft Heinz Co is feeling the pinch from trade conflicts and rising costs, but is still willing to consider an acquisition to fuel growth, its chief executive officer said on Friday. | Video

Calvin Klein owner PVH profit up 38 percent, forecast raised

29 Aug 2018

Apparel maker PVH Corp reported a 38 percent rise in second-quarter profit on Wednesday and raised its earnings forecasts for the year, helped by higher sales of its Calvin Klein and Tommy Hilfiger brands.

World News

Turkey questions employees of Saudi consulate on Khashoggi

Turkish prosecutors investigating the disappearance of Saudi journalist Jamal Khashoggi questioned Turkish employees of the Saudi consulate in Istanbul on Friday, widening the hunt for clues in a case that is straining Riyadh's alliance with Western powers.