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Canada Goose Holdings forecast fourth-quarter revenue above analysts’ estimates on Thursday, as the luxury goods maker bets on a sharp rebound in crucial market China to help ride out a slowdown in the US
US-listed shares of the company, whose luxury parkas retail for over $1,000, jumped 11 percent in premarket trading.
Luxury brands such as LVMH and Cartier
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Offering a range of sanitary products made from organic cotton, Lola was founded in 2014 as consumers increasingly sought out personal care products with claims around natural ingredients and formulas.
Since then, the period care space has gained more competitors. In January, holding company Compass Diversified announced it had acquired The Honey Pot, which makes plant-derived sanitary products in
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As every generation approaches 30, there’s an inevitable thing that happens: people stop talking about that group as if they’re a monolith. The idea that millions of humans who happen to be of a similar age, and also share the same habits and values, starts to break down. Naturally, as people get older, they start to bifurcate. Some get
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Amer Sports raised $1.37 billion in a discounted U.S. initial public offering (IPO) on Wednesday, after investors expressed concerns about its growing reliance on China for its revenue.
It was another blow to the US IPO market seeking to recover after two years of subdued activity. A poor performance from Amer Sports could discourage other IPO hopefuls.
A sizeable
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Amid a decade-long bid to regain dominance in the fast fashion space, H&M named a new chief executive Wednesday morning, replacing Helena Helmersson with Daniel Ervér, an 18-year veteran of the business who most recently helmed its marquee brand.
Ervér has his work cut out for him. The Swedish chain pioneered the fast fashion model decades ago, but is
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Hong Kong property tycoon Ronnie Chan is stepping down from the chairman position of Hang Lung Group, after more than three decades with the firm. His son Adriel Chan taking over the reins of the influential mall and property developer.
The change will go in effect after a general meeting scheduled for April 26. Adriel Chan will be