With Black Friday, one of the most important shopping days of the year, only two days away, the e-commerce giant has exposed several customers’ names and e-mail addresses on its website due to a “technical error”.
Shares in Nordstrom Inc slumped 9 percent after the U.S. department store operator reported disappointing same-store sales and said it had been forced to refund some of its credit card customers after overcharging them.
Asians catching up on the West’s obsession with health and wellness is a trend that has created attractive investment opportunities, Ravi Thakran, a regional LVMH boss, told a luxury conference on Tuesday.
Michael Kors may have seen its shares falling sharply after sales missed analysts’ forecasts, but the message from the company’s top team was (almost) all positive as it looked to a time when it will be an $8bn group.
Primark's full-year results showed it bucking the market trend but not immune to it. Its sales and profits rose but like-for-like sales fell. However, the UK, Europe and US all proved strong in the circumstances.