L'Oreal is still struggling to kickstart sales growth at its mass market unit that makes products like Garnier shampoo. Such challenges hit the company's shares on Friday even as its luxury brands posted strong revenues.
Carrefour CEO Alexandre Bompard on Thursday expressed confidence in his turnaround strategy after Europe’s largest retailer posted a stronger-than-expected 5.8 percent rise in first-half operating profits.
Mastercard Inc beat second-quarter profit estimates on Thursday but the world’s second-largest payments processor raised its full-year guidance for expenses, sending its shares 3 percent lower before the opening bell.
Columbia net sales increased 21 percent to a record $481.6 million, in the second quarter ended June 30, driven by both wholesale and direct-to-consumer net sales, especially in Latin America and Asia Pacific.
The New York-based brand management company announced on Thursday that it has entered into a cooperation agreement with Sports Direct, allowing the British retail group to appoint two Directors to Iconix’s Board.
Amazon.com Inc forecast strong fall sales and posted a profit that was double Wall Street targets on Thursday thanks to the retailer’s younger, higher-earning businesses, including cloud computing and advertising.
Chinese online group discounter Pinduoduo Inc priced its U.S. IPO at $19 per American depositary share (ADS), raising $1.63 billion in the second-biggest U.S. float by a Chinese firm this year, according to sources.