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With Donald Trump hardening his stance on the Southeast Asian country, Eclat Textile Co. keeping up with the changing landscape of global trade.
Shares headed toward a seven-year low after the sportswear retailer delayed publishing its results as auditors increase their scrutiny of its accounting.
How one of the world’s biggest athletic footwear retailers stumbled through the sneaker boom, but plans to catch up with the market.
Like other early investors, the publisher simply moved to realise its post-IPO gain, selling its shares earlier this year for around $380 million, following the end of the 180-day lock-up period.
The French fashion house joins other major luxury brands in beefing up the resources devoted to fostering more diverse and inclusive environments.
The deals bonanza represents an especially important test for the department store.
While the retail giant’s online business has been growing, it continues to be in the red, with expected losses of about $1.7 billion this year.
Major beauty conglomerates like Revlon, L’Oréal and Procter & Gamble have been launching new brands at a rapid clip to compete with indie upstarts. But they’ve had few breakaway hits so far
Fashion veteran Ralph Toledano, who was appointed chairman in March 2018, will lead the business going forward as he aims to revive the loss-making brand.