Sunday, August 9, 2020
Tags All retail

Tag: all retail

Coty in talks to collaborate with Kim Kardashian for cosmetics line

(Reuters) - Coty Inc () is in talks with reality TV star Kim Kardashian West over a potential collaboration for a beauty...

Costco Wholesale revenue rises 7.3% on coronavirus-induced stockpiling

(Reuters) - Warehouse club operator Costco Wholesale Corp () reported a 7.3% increase in quarterly revenue on Thursday, as people stocked up...

Macy’s forecasts $1 billion quarterly loss due to lockdowns

(Reuters) - Macy's Inc () forecast a quarterly operating loss of up to $1.11 billion on Thursday, as the retailer was forced...

Bankruptcy court approves Neiman Marcus’ plea to access financing

(Reuters) - U.S. luxury department store chain Neiman Marcus Group said on Friday it received court approval to access $675 million of...

French court backs workers in Amazon row over virus measures

PARIS (Reuters) - A French court on Friday rejected Amazon's () appeal against a ruling that restricts what it can deliver during the coronavirus...

Gap warns of cash shortage, suspends rent payments

(Reuters) - Gap Inc () warned on Thursday it may not survive the next 12 months intact and would need to borrow more funds...

Amazon to close French warehouses until next week after court order

PARIS (Reuters) - Amazon will close its warehouses in France until at least early next week after a court ordered it to limit deliveries...

Exclusive: Macy’s taps Lazard to bolster finances as coronavirus saps sales...

NEW YORK (Reuters) - Macy's Inc () has hired investment bank Lazard Ltd () to explore options for bolstering its finances after the department...

Neiman Marcus in bankruptcy talks with lenders: Bloomberg Law

(Reuters) - Luxury retailer Neiman Marcus Group Inc is in talks with lenders to file for bankruptcy as it struggles to ease...

UK in talks with Amazon over delivering coronavirus tests: FT

LONDON (Reuters) - Britain has approached Amazon and other companies about using their services to step up the delivery of coronavirus tests...