Investors are showing optimism around the launch of the Covid vaccine, CNBC’s Jim Cramer said, and this fueled a rally in US stocks on Friday. The Dow Jones Industrial Average added 453.40 …
Read More »Investors’ ‘old guard’ returns to command
Shares of L Brands, owner of Victoria’s Secret, jump on prospect of high earnings
Pedestrians wearing protective masks carry shopping bags from Victoria’s Secret Stores LLC in San Francisco, California, U.S., on Wednesday, February 17, 2021. David Paul Morris | Bloomberg | fake images Victoria’s Secret …
Read More »Retailers are opening more stores than closing, helped by cheap rents
Sportswear retailer Fabletics plans to open two dozen stores in the US this year, bringing its total to 74. Source: Fabletics For the first time in years, retailers across the country plan …
Read More »L Brands shares rise after retailer raises outlook and restores dividend
Pedestrians pass a Victoria’s Secret store, a subsidiary of L Brands, in New York. Craig Warga | Bloomberg | fake images Shares in L Brands soared nearly 7% in pre-market trading on …
Read More »GameStop, Koss Corp, Wayfair and more
Take a look at some of the major engines on the premarket: GameStop (GME) – GameStop remains on guard following another Reddit-driven surge on Wednesday in the video game retailer’s shares, as …
Read More »L Brands (LB) Reports Fourth Quarter 2020 Earnings Exceeded Earnings Expectations
A customer carries a shopping bag while exiting a Victoria’s Secret Stores LLC, a subsidiary of L Brands Inc., in New York, U.S., on Wednesday, Nov. 14, 2018. Bloomberg | fake images …
Read More »Stronger economic data could fuel stocks that are thriving on a rally in the coming week
The Wall Street bull is seen during the passing of the snowstorm on January 31, 2021 in New York City. Eduardo MunozAlvarez | SEE press | Corbis News | fake images A …
Read More »L Brands (LB) says same-store sales rose 5%
On November 27, 2020, shoppers lined up while waiting for the Victoria’s Secret store to open on Black Friday at Tyson Corner Center in Tyson, Virginia. Hannah McKay | Reuters Parents of …
Read More »LVMH signed a $ 16.2 billion deal with Tiffany
An employee of Tiffany & Co. wears a protective mask, as the city continues Phase 4 of reopening the restrictions imposed on August 1, 2020 in New York City to slow the …
Read More »Abercrombie & Fitch (ANF) reports surprise gains for Q2 2020
Pedestrians are reflected from the window of an Abercrombie & Fitch store in New York. Craig Warga | Bloomberg Getty Images Abercrombie & Fitch shares are on the rise after the apparel …
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