Skip to main content
X

Bloomberg

Contact or follow this author

More From Bloomberg

What Trade War? China’s Factory Hub Can’t Hire Enough Workers

In China's manufacturing heartland, Trump's trade war has had less impact on the labor market than the lure…

Kate Middleton’s Favorite UK Chain Falls Victim to Retail Crisis

U.K. fashion chain L.K. Bennett collapsed into insolvency as the country's growing retail crisis claimed a…

Rent the Runway Teams With West Elm to Loan Home Textiles

Consumers are flocking to rental fashion apparel, so now West Elm Inc. and Rent the Runway Inc. want to apply…

Calvin Klein to Eliminate High-End Runway Fashion Collection

Calvin Klein is eliminating its high-end fashion collection in a move that will cut 1 percent of its…

Amazon Is Closing 87 US Pop-Up Stores Next Month

Amazon.com Inc. is ending its experiment with electronics-focused pop-up stores, shuttering 87 kiosks located…

LVMH’s Arnault Tops Buffett to Become World’s Third-Richest Person

Luxury-goods titan Bernard Arnault has eclipsed Berkshire Hathaway Inc. Chairman Warren Buffett to become the…

US Trade Deficit Surged to $621 Billion in 2018, Highest in Decade

The U.S. trade deficit widened in 2018 to a 10-year high of $621 billion, bucking President Donald Trump's…

Debenhams Falls After Scrapping Guidance on Rescue Talks

Debenhams fell as the UK department-store scrapped profit guidance after saying talks with creditors will be…

US Confirms It’s Delaying China Tariff Increase Indefinitely

The U.S. has confirmed the country is postponing "until further notice" a scheduled tariff increase on…

Trump and Xi Are Close to a Deal, But the Trade War Isn’t Over

The world's two largest economies are nearing the finish line on a trade deal but that doesn't mean the trade…

The AI Cameras That Can Spot Shoplifters Even Before They Steal

It's watching, and knows a crime is about to take place before it happens.

Ted Baker CEO Kelvin Resigns After Misconduct Allegations

Ted Baker Chief Executive Officer Ray Kelvin resigned from the U.K. apparel chain amid an investigation of…

US Factory Gauge Falls to Two-Year Low as Orders Cool

A gauge of US factories fell to a two-year low, cooling more than expected with a broad decline that suggests…

EBay Adds Activist-Backed Directors, Begins Strategic Review

EBay said it has reached an agreement with Elliott Management Corp. and Starboard Value, to potentially carve…

Malls Take a 48-Hour Beating as Retailers Cull Over 300 Stores

You can't blame America's teenagers for no longer congregating at the mall like generations past: There…