S&P Global has revised its credit outlook for luxury goods group Kering S.A. to negative from stable, after sales of Kering’s Gucci brand and other products declined in the first half of the year. Read More
Canada’s Gildan Activewear Inc. is in advanced talks to buy US underwear maker Hanesbrands Inc., the FT reported, citing people familiar with the matter. Read More
British consumers raised their spending in July as unusually warm weather at the start of the month boosted clothing sales but demand cooled along as temperatures dropped. Read More
US President Donald Trump extended a tariff truce with China by another 90 days on Monday, a White House official said, staving off triple-digit duties on Chinese goods as US. Read More
Imports into the US fell more than expected in June as concerns around shifting tariff policies hit retailers, raising fears of fewer product options in stores for shoppers. Read More
On Holding AG lifted its sales and earnings forecasts for the year after an unexpectedly strong second quarter that saw buyers in Europe and Asia snap up the Swiss sneaker maker’s high-priced footwear. Read More
You’ve made it to the FINAL week of our Summer Shape Up Challenge and that’s something to celebrate! Whether you’ve crushed every single workout or missed a few along the way, this is your moment to finish strong, feel proud, and give it your all. Here are 5 tips to help you make the most…
California Gov. Gavin Newsom is warning President Donald Trump and Republican governors that if they go forward with redistricting proposals, he will also implement mid-decade redistricting efforts in his state. In a letter to the president Monday, Newsom said California “cannot stand idly by” as Texas — and other GOP-led states — attempt to follow…
It wasn’t just 2024: the Teamsters General President Sean O’Brien is signaling a more permanent realignment by donating to battleground Republicans in the upcoming midterms. For the second year in a row, the labor union’s political arm donated to the Republicans’ House campaign arm after nearly two decades of mostly backing Democrats. The labor union’s…
With help from Amira McKee MAMDANI’S BIG FOIL: Affordability was at the center of Zohran Mamdani’s primary campaign for New York City mayor. Donald Trump is the focus of his general election bid. The Democratic nominee launched a five-borough tour “against Trump” on Monday to amplify how he believes the president will bring harm to…
