Columbus, OH

LONDON -- British luxury fashion house Burberry said Monday it has appointed Joshua Schulman, formerly head of Michael Kors and Coach, as its new chief executive officer as the company warned it expected to record an operating loss in the first half of the year amid slumping retail sales. Burberry...

Burberry appoints new CEO amid warnings of first-half operating loss

The Motley Fool

Wall Street's most-chosen consumer brand has navigated its way through 10 stock splits and one stock dividend since its initial public offering (IPO) in 1919.

If You Bought 1 Share of Coca-Cola at Its IPO, Here's How Many Shares You'd Own Now

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

This story is part of CNBC Make It's The Moment series, where highly successful people reveal the critical moment that changed the trajectory of their lives and careers, discussing what drove them to make the leap into the unknown. Jay Chaudhry never thought he'd run a business, amass a fortune...

65-year-old quit his job and emptied his life savings to start a business—now he's worth $11 billion

Protests in Spain will spread if European officials fail to address mass tourism's negative effect on the lives of residents, UNESCO's Peter Debrine told "Squawk Box Asia" on Monday. "It's turning into a very volatile situation," said UNESCO's senior project officer for sustainable tourism. "Civil society coming and trying to...

Protests will 'absolutely' spread if European cities don’t address overtourism, says UNESCO official

Total Apex Sports & Entertainment

How can Astrology tell you about your worst friends? Astrology is the concept of using the placement of the planets and their related astrological signs, or the Signs of the Zodiac, to determine the course of a life. These placements based on your birth date, time, and location can give you a wealth of information about your personality traits and character and predict events throughout your life based on your sign and current placements. Of course, this is a quick overview, and doing actual natal charts and horoscopes is much more complicated. But now you have a basic idea of what astrology is.

5 Zodiac Signs That Could Be Your Worst Friend

The Associated Press

PepsiCo reported higher-than-expected earnings in the second quarter but acknowledged that after raising prices every quarter for more than two years, customers are not buying as many of its snacks and drinks. PepsiCo said Thursday that North American demand for its Frito-Lay snacks was “subdued” during the quarter and sales...

PepsiCo’s second quarter profits jump but customers slow their purchases after years of price hikes

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Procter & Gamble has a more complete capital return program than Coke. P&G has excelled at leveraging pricing power and improving operational efficiency. The pressure is on for P&G to return to significant sales growth. Coca-Cola and Procter & Gamble allow investors to participate in the stock market while collecting...

Coca-Cola Is a Rock-Solid Dow Dividend Stock, but So Is This Dividend King That Paid $9 Billion in Dividends Over the Last Year

Aneesha Sherman, Bernstein retail senior analyst, joins 'Closing Bell' to discuss the retail sector and more.

Nike is poised to rebound, says Bernstein's Aneesha Sherman


				













	German company Hugo Boss revised its forecast for the year downward this week because of “persistent macroeconomic and geopolitical challenges that are dampening global consumer demand.”Burberry Shakeup: Joshua Schulman Replaces Jonathan Akeroyd at Burberry Helm as Retail Sales Plummet 22% in Q1




	In a preliminary release, the men’s and womenswear brand reported that, in currency-adjusted terms, sales had fallen 1 percent over the second quarter of the year to bring in 1.01 billion euros.




	Over the same period last year, Hugo Boss saw 1.02 billion euros in sales. Analysts noted this was the weakest quarter Hugo Boss had seen since new chief...

Hugo Boss Becomes Next Mid-tier Luxury Company to Cut Guidance

HundredX Founder and CEO Rob Pace sits down with 'Mad Money' host Jim Cramer to talk the state of the consumer and where people are and are not putting their money.

Consumers are very focused on value, says HundredX CEO Rob Pace

24/7 Wall St.

NVIDIA (Nasdaq: NVDA) had an up-and-down week. It started the week with strong gains after a series of upgrades and positive notes from Wall Street but saw a steep 5.6% sell-off on Thursday after investors rotated out of technology following a soft CPI report from the Federal Reserve. So, we wanted to highlight the most essential […]
The post Wall Street Just Revealed NVIDIA’s Path to $200 Per Share By the End of 2024 appeared first on 24/7 Wall St..

Wall Street Just Revealed NVIDIA’s Path to $200 Per Share By the End of 2024

Whenever you come across a sexy and extremely attractive person, bear in mind that such physical attributes may be influenced by their zodiac signs. Among all the signs of the zodiac, some signs tend to be more attractive than others. This is usually based on the planets that rule these signs and other astrological energies that could make them more appealing.

3 Zodiac Signs Who Are Sexy

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News Update – Market Close

NEW YORK, July 15, 2024 – The Goldman Sachs Group, Inc. (NYSE: GS) reported net revenues of $12.73 billion and net earnings of $3.04 billion for the second quarter ended June 30, 2024. Diluted earnings per common share (EPS) were $8.62, and the annualized return on average common shareholders’ equity (ROE) was 10.9% for the second quarter of 2024.

Goldman Sachs reports Q2 earnings per share of $8.62

Fashion brand Burberry has changed its boss in a bid to revive itself in the face of plunging sales. The company said Joshua Schulman, the former head of US brand Michael Kors, will take over as chief executive, replacing Jonathan Akeroyd who is leaving Burberry "with immediate effect". The change...

Burberry boss ousted as sales continue to fall

Reuters

(Reuters) -The dollar dropped on Thursday after data showed headline consumer prices unexpectedly fell in June, while a sharp gain in the Japanese yen sparked speculation of a possible intervention in the currency.

Dollar drops, yen surges as consumer prices fall in June

New York Post

British luxury group Burberry on Monday fired its CEO and named former Coach boss Joshua Schulman to replace him, as it promises a “more familiar” look and presses on with efforts to revive the brand by moving upmarket.

The company also warned on profit and scrapped its dividend, sending shares to their lowest in more than a decade.

A slowdown in the luxury sector has hit the 168-year-old brand harder than rivals as customers were largely unimpressed by a style shift that aimed to expand beyond classic trench coats and accessories and command higher prices.



For the 13 weeks to June 29, underlying sales slumped...

Burberry fires CEO, names ex-Coach boss as replacement during luxe-sector slowdown

BENGALURU (Reuters) - Australia's Domino's Pizza Enterprises said on Wednesday it expects store growth to be flat to slightly positive in its current fiscal year, and decided to close up to 80 low-volume stores in Japan and 10-20 stores in France.

Australia's Domino's sees flat store growth on closures in Japan, France

NewsBreak

Adidas shares rise 3% after hiking 2024 guidance

Shares in Adidas rose on Wednesday after the company announced it would hike its full year 2024 earnings guidance. Preliminary second-quarter earnings came in better than...

Adidas shares rise 3% after hiking 2024 guidance

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