Gucci Owner Kering Considers Selling Stake in $1 Billion Fifth Avenue Property The Italian luxury conglomerate, Kering, known for its high-end fashion brands such as Gucci and Saint Laurent, is making waves in the business world once again. According to sources, Kering is in talks to sell a stake in a prestigious Fifth Avenue building […]
American Eagle Withdraws Annual Targets, Writes Down Spring, Summer Inventory
American Eagle Withdraws Annual Targets, Writes Down Spring, Summer Inventory American Eagle Outfitters Inc. recently made a significant announcement that sent ripples through the retail industry. The popular apparel maker has decided to withdraw its annual targets due to the unprecedented challenges posed by the ongoing global pandemic. In addition to this strategic shift, the […]