Kering Shares Hit 15-Month High on Turnaround Hopes Luxury fashion conglomerate Kering has been making waves in the financial world as its shares surged to a 15-month high, signaling a promising turnaround for the company. This spike in stock value comes on the heels of positive market reactions, with both Kering and its competitor LVMH […]
Victoria’s Secret Is Desperate to Learn How to Sell Bras Again
Victoria’s Secret Is Desperate to Learn How to Sell Bras Again Victoria’s Secret, once the undisputed queen of lingerie retail, has been facing a downward spiral in recent years. The brand that was synonymous with glamour, beauty, and femininity has lost its cultural cachet and, more importantly, the faith of investors. With declining sales and […]
Peloton Kicks Off Turnaround with Hardware, AI Product Launch
Peloton Revamps Strategy with New Hardware and AI Product Launch The fitness industry has witnessed a significant transformation in recent years, with more individuals prioritizing health and wellness in their daily routines. Peloton, a New York-based fitness company, emerged as a frontrunner in the market, offering interactive workout experiences through its connected fitness equipment. However, […]
UK Online Retailer Debenhams Sees Interim Profit Growth Amid Turnaround
UK Online Retailer Debenhams Sees Interim Profit Growth Amid Turnaround Amidst the ever-changing landscape of the retail industry, UK online retailer Debenhams has recently made headlines with its interim profit growth. The company, known for its wide range of products and online presence, has been navigating through a period of transformation and strategic shifts to […]
Revolution Beauty Founders Return to Tackle Turnaround
Revolution Beauty Founders Return to Tackle Turnaround Revolution Beauty, the UK beauty group that has been facing challenges in recent times, is gearing up for a significant transformation as its founders make a comeback. In a strategic move, the company has concluded its sale process and disclosed that Tom Allsworth, one of the co-founders, will […]
Coty Annual Revenue Slides 4%, Eyes Turnaround in 2026
Coty Annual Revenue Slides 4%, Eyes Turnaround in 2026 Cosmetics giant Coty has faced a 4% dip in annual revenue, signaling a challenging period for the renowned company. However, all eyes are now on a hopeful turnaround projected for 2026. Chief Executive Sue Y. Nabi expressed optimism about the future, stating that the US conglomerate […]
VF Corp Jumps After Earnings Beat as Turnaround Takes Hold
VF Corp Jumps After Earnings Beat as Turnaround Takes Hold VF Corp, the parent company of popular brands such as Vans, The North Face, and Timberland, has recently made headlines for surpassing revenue and earnings expectations in its fiscal first quarter. This impressive performance has not only exceeded forecasts but has also propelled the company’s […]
Inside Gap’s Last-Ditch, Tariff-Addled Turnaround Push
Inside Gap’s Last-Ditch Effort to Overcome Tariff Challenges The legacy of Gap Inc., an iconic retailer that found its heyday in the ’90s, has been marred by years of struggle and decline. However, hope flickered on the horizon when Richard Dickson took the reins and spearheaded a promising comeback strategy. Just as the company started […]
Kering Shares Surge as Renault CEO Set to Join for Turnaround
Kering Shares Surge as Renault CEO Set to Join for Turnaround French luxury group Kering is making headlines as its shares experience a significant surge following reports that Luca de Meo, the current CEO of Renault, is set to join the company in the coming days. This move comes as Kering looks to navigate a […]
Former Expedia CEO Buys Troubled Luxury Lingerie Brand La Perla
Former Expedia CEO Peter Kern has made headlines in the business world once again, this time for his recent acquisition of the troubled luxury lingerie brand La Perla. The Italian brand, which has been facing legal challenges and financial difficulties, was purchased by Kern for a reported €25 million. This move marks a significant shift […]