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Gucci-Owner Kering Buys Stake in Valentino
Business

Gucci-Owner Kering Buys Stake in Valentino

The deal is part of a return to big-ticket transactions for the French luxury conglomerate, after an agreement to purchase cologne-maker Creed. Source link

5 Ways That Buying a Car Has Drastically Changed
Business

5 Ways That Buying a Car Has Drastically Changed

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Gap Poaches Mattel Executive Who Revived Barbie to Be Its CEO
Business

Gap Poaches Mattel Executive Who Revived Barbie to Be Its CEO

Richard Dickson, president and chief operating officer at the toymaker, is taking over as Gap’s next chief executive. Source link

A Soap Maker Cracks the Code to 'Made in America'
Business

A Soap Maker Cracks the Code to 'Made in America'

Bath & Body Works wanted suppliers to set up in an Ohio city near its headquarters. The result was a production effort with little parallel

Oddity Shares Jump 40% in Stock Market Debut
Finances

Oddity Shares Jump 40% in Stock Market Debut

Investors scooped up shares of the direct-to-consumer beauty and tech company. Source link

Carvana Strikes Deal to Avert Cash Crunch
Finances

Carvana Strikes Deal to Avert Cash Crunch

The used-car seller will sell stock and pledge assets to back new debt. Source link

Carvana Soars On Debt-Restructuring Deal, Launches Stock Offering
Business

Carvana Soars On Debt-Restructuring Deal, Launches Stock Offering

Carvana shares surged Wednesday after the used-car retailer said that it had reached a bond-swap deal to reduce its debt by $1.2 billion and launched

For Clues About Carvana's Future, Look to Its Past
Business

For Clues About Carvana's Future, Look to Its Past

Struggling used-car dealer’s shares are hot, but business sags and investors worry about the family’s plans. Source link

H&M Now Wants to Sell You Makeup, Sofas and Crocs
Business

H&M Now Wants to Sell You Makeup, Sofas and Crocs

The retailer is moving further beyond its clothing label, doubling down on beauty products, housewares and selling other brands to draw in more shoppers. Source