Tag: Stock market

Fashion powerhouse Coach allegedly turned down by Burberry regarding takeover approaches. Picture this, a company worth 20 billion dollars, shares of Burberry rising 4.8 percent through sole rumor alone. That’s what we would call a power couple. It’s been reported that...
Fashion label, Isabel Marant is rumored to be in sales talks with French investment company Eurazeo. Neither entity has commented on the sales discussions, however according to Reuters, sources indicate that the discussions have been going on for weeks and that Eurazeo...
The latest luxury brand to suffer in the sluggish retail climate is Prada, which reported a tough three quarters, showing a steep drop in overall net profits for the nine-month period. According to Market Watch, Prada's net profits were down 26...
Fossil Group, Inc. (NASDAQ: FOSL) shares are experiencing a downward trend similar to that in the third quarter, dropping a little more than 4 percent over the last week. However, the last four weeks have been fairly positive for...
Last Friday, the Dow Jones Industrial Average closed on a positive note after Nike shares jumped nearly 5 percent. The jump is attributed to Nike's announcement of a $12 billion stock repurchase program and a 2-for-1 stock split, thus increasing its quarterly dividend payment by...
Last week shares rose to a new record after a plan to restructure Ralph Lauren Corp. The company is seeing major progress and is expected to continue seeing long-term benefits. This progress took place three weeks after Credit Suisse Group...