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By Reuters API Published Feb 3, 2024 Amazon.com founder Jeff Bezos will sell 50 million shares in the online retail and cloud services firm over the next one year, according…
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Translated by Roberta HERRERA Published Feb 3, 2024 The fate of the ready-to-wear brand Burton of London, currently under judicial reorganization, will be determined on February 13 by the Paris Commercial…
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London’s Burlington Arcade announcing Thursday that it’s to celebrate the Chinese New Year appears to be just the tip of the iceberg. According to West End property giant Shaftesbury Capital,…
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Bernard Arnault used to be known for buying luxury brands. Now, his favorite pastime is snapping up buildings – the latest of which is a historic Paris mansion near the…
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By Reuters API Published Feb 2, 2024 Retailers slashed prices on twice as many Nike sneakers in 2024 than two years earlier, endangering the sportswear giant’s typically strong pricing power…
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It will be interesting to see whether H&M Group’s new CEO kicks off any major strategy changes, but for now, the company is continuing on its usual path, rolling out…
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Superdry is in the news again with takeover speculation mounting around the embattled retailer after it emerged that a new investor has been building up a stake. Superdry And no,…
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By Reuters Published Feb 1, 2024 Luxury shoemaker Christian Louboutin will debut in the eyewear sector after signing an exclusive license agreement with Italy’s Marcolin, the groups said on Thursday….
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By Reuters Published Feb 2, 2024 Amazon.com beat fourth-quarter revenue expectations on Thursday as new generative AI features in its cloud and ecommerce businesses spurred robust growth during the critical…
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U.S. footwear firm Skechers announced on Thursday record-breaking revenues in 2023, up 7.5% to $8 billion, on the back of another strong quarter ending December 31 thanks to a rebounding…
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