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Portuguese Retailer Expands Abroad Without Breaking the Bank

LISBON, Portugal —  Sonae SGPS SA, Portugal’s biggest hypermarket and supermarket chain, wants to show that a retailer from a modestly sized market can expand overseas without deploying shopping carts full of cash. The company this month expanded its presence across the Iberian peninsula by combining its sports retail arm …

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Montblanc Launched a Smartwatch. Here's Why It Matters

NEW YORK, United States — Last week, Montblanc became the first brand in the Richemont family of luxury companies to put out a smartwatch. The Montblanc Summit, based on Google’s Android Wear 2 platform, aims to compete with, among others, the Apple Watch and rival Swiss brand TAG Heuer’s Connected …

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Montblanc Launched a Smartwatch. Here's Why It Matters

NEW YORK, United States — Last week, Montblanc became the first brand in the Richemont family of luxury companies to put out a smartwatch. The Montblanc Summit, based on Google’s Android Wear 2 platform, aims to compete with, among others, the Apple Watch and rival Swiss brand TAG Heuer’s Connected …

Read More »

Montblanc Launched a Smartwatch. Here's Why It Matters

NEW YORK, United States — Last week, Montblanc became the first brand in the Richemont family of luxury companies to put out a smartwatch. The Montblanc Summit, based on Google’s Android Wear 2 platform, aims to compete with, among others, the Apple Watch and rival Swiss brand TAG Heuer’s Connected …

Read More »

Montblanc Launched a Smartwatch. Here's Why It Matters

NEW YORK, United States — Last week, Montblanc became the first brand in the Richemont family of luxury companies to put out a smartwatch. The Montblanc Summit, based on Google’s Android Wear 2 platform, aims to compete with, among others, the Apple Watch and rival Swiss brand TAG Heuer’s Connected …

Read More »

Calvin Klein Owner PVH Profits Beat Wall Street Forecasts

Raf Simons’ first underwear and denim campaign for Calvin Klein | Source: Courtesy NEW YORK, United States — PVH Corp. on Wednesday reported fiscal fourth-quarter net income of $100.7 million. The New York-based company said it had profit of $1.26 per share. Earnings, adjusted for one-time gains and costs, came …

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Calvin Klein Owner PVH Profits Beat Wall Street Forecasts

Raf Simons’ first underwear and denim campaign for Calvin Klein | Source: Courtesy NEW YORK, United States — PVH Corp. on Wednesday reported fiscal fourth-quarter net income of $100.7 million. The New York-based company said it had profit of $1.26 per share. Earnings, adjusted for one-time gains and costs, came …

Read More »

Calvin Klein Owner PVH Profits Beat Wall Street Forecasts

Raf Simons’ first underwear and denim campaign for Calvin Klein | Source: Courtesy NEW YORK, United States — PVH Corp. on Wednesday reported fiscal fourth-quarter net income of $100.7 million. The New York-based company said it had profit of $1.26 per share. Earnings, adjusted for one-time gains and costs, came …

Read More »

Calvin Klein Owner PVH Profits Beat Wall Street Forecasts

Raf Simons’ first underwear and denim campaign for Calvin Klein | Source: Courtesy NEW YORK, United States — PVH Corp. on Wednesday reported fiscal fourth-quarter net income of $100.7 million. The New York-based company said it had profit of $1.26 per share. Earnings, adjusted for one-time gains and costs, came …

Read More »

Report: Stitch Fix Said to Be Mulling Initial Public Offering

NEW YORK, United States —  Stitch Fix Inc., the online personal-styling service backed by Benchmark, is considering an initial public offering, people with knowledge of the matter said. Executives have held early discussions with bankers about a potential deal, and the board plans to decide in the next month whether …

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