More From Bloomberg
Is US Consumer Confidence Up or Down? Probably a Bit of Both
While improved economic outlooks lifted consumer confidence, concerns remain about trade tensions' negative…
Brookfield Bets Against Retail Apocalypse With $15 Billion Mall Buyout
Brookfield Asset Management Inc. is investing in retail despite the apocalypse narrative with its takeover of…
A Top Global Stock Fund Now Prefers Macy’s to Amazon
One of the world's top-performing global stock funds is betting against Amazon.com Inc.
WWD Recommends
Op-Ed: What Do You Know, Retailers May Finally Be Figuring it Out
Retailers are reporting positive numbers in the era of Amazon.com, with the clearest signs of strength coming…
US, Mexico Reach Trade Deal as Canada May Rejoin NAFTA Talks
President Trump hailed a deal with Mexico to revamp the North American Free Trade Agreement as "a big day for…
US-China Talks Draw a Blank, Bringing Fresh Tariffs Into View
The U.S. and China returned to the negotiating table this week after more than two months, but with no…
WTO Warns UK Faces Difficult Shift to Bloc’s Rules Post-Brexit
The head of the World Trade Organization said the U.K. risks trade disruption in the event of a no-deal…
Gap Tumbles After Sales Decline Extends Woes at Namesake Brand
Old Navy has been Gap Inc.'s savior in recent quarters, but its strength isn't enough to quell investors'…
Victoria’s Secret Sags, And Now Pink Sinks
Victoria's Secret owner L Brands Inc. was already something of a shaky retail boat, and now it looks like it…
Sears Plans to Close 46 More Unprofitable Stores in November
Sears Holdings Corp. continues to clean house, announcing plans to shutter an additional 46 unprofitable…
Alibaba’s Sales Surge as Jack Ma’s Free Spending Bears Fruit
Alibaba Group reported its fastest pace of growth in more than four years by wringing more revenue from newer…
Farfetch’s Luxury IPO Timing Appears Impeccably Timed
Farfetch announced its planned IPO Monday, and the company is targeting a $5 billion valuation.
Can America Build a Luxury Powerhouse to Rival Europe’s LVMH?
Tapestry's plan as it looks to revamp its brands is to become America's answer to European luxury…
Target Opens at Historic High After Sales, Customer Visits Surge
Target Corp. kept pace with rival Walmart Inc. by posting its best sales in 13 years, sending the shares to a…
What’s Next in the Trade War? Key US-China Events to Watch For
China and the U.S. resume trade talks this week, ending the hiatus after an earlier deal collapsed in May.