Adidas again cut revenue and earnings guidance for the year to account for the end of its Yeezy label partnership with designer Kanye West, but said it expects a recovery Read more
Tag: Clothing/Textiles
Kohl’s CEO Gass steps down to join Levi’s
Kohl’s Corp. CEO Michelle Gass is stepping down to join Levi Strauss & Co. as president. She’ll also be next in line as the company’s chief executive. In a statement Read more
Kohl’s CEO Gass steps down to join Levi’s
Kohl’s Corp. CEO Michelle Gass is stepping down to join Levi Strauss & Co. as president. She’ll also be next in line as the company’s chief executive. In a statement Read more
Puma’s new CEO Arne Freundt takes reins immediately as incumbent moves to Adidas top job
Puma SE said Tuesday that Arne Freundt will take over immediately as chief executive, ahead of schedule, after incumbent CEO Bjorn Gulden was named to lead rival Adidas AG. Puma Read more
Tyson CFO arrested for public intoxication after falling asleep in stranger’s house
Tyson Foods TSN, -0.37% chief financial officer John R. Tyson was arrested early Sunday morning after he was found sleeping in a house that wasn’t his own. A Fayetteville, Ark. Read more
Moderna stock falls after earnings miss by a wide margin and company cuts sales outlook by up to $3 billion
Moderna Inc. shares moved lower Thursday, after the COVID vaccine maker posted far weaker-than-expected third-quarter earnings and lowered full-year sales guidance by up to $3 billion. The stock was last Read more
Weekly tally of COVID cases and deaths continues to fall; Moderna lowers vaccine-sales outlook by as much as $3 billion
The global tally of COVID-19 cases fell 17% in the week through Oct. 30 from the previous week, while the death toll fell 5%, the World Health Organization said in Read more
Weekly tally of COVID cases and deaths continues to fall; Moderna lowers vaccine-sales outlook by as much as $3 billion
The global tally of COVID-19 cases fell 17% in the week through Oct. 30 from the previous week, while the death toll fell 5%, the World Health Organization said in Read more
‘Oh my gosh, why am I not in the market?’ This forecaster says investors will be shocked by what’s about to happen next
Slower, but higher rates and no pivot this side of Christmas. That was the message from Fed Chairman Jerome Powell after the central bank’s fourth-straight jumbo hike. Bruised investors look Read more
U.S. futures struggle for traction after latest Fed-inspired shellacking
U.S. stock futures struggled to make headway Thursday as traders absorbed the fallout from the latest Federal Reserve interest-rate decision. How are stock-index futures trading S&P 500 futures ES00, -0.66% Read more