China, Roger Vivier and E-commerce Boost Tod’s Group in Q1

MILAN — Triple-digit growth in China, a strong performance at the Roger Vivier brand and in e-commerce helped Tod’s SpA report a 17 percent increase in revenues in the first quarter of the year to 178.7 million euros, although analysts were especially intrigued by a comment made by Diego Della Valle, chairman and chief executive officer. Addressing LVMH Moët Hennessy Louis […]

Read more

Consumer Prices Jumped in April, Climbing Faster Than Expected

The increase in the Consumer Price Index was well above forecasts. A top Fed official struck a watchful tone but said ‘it’s just one data point.’ By Jeanna Smialek and Ella Koeze Consumer prices leapt higher in April, data released on Wednesday showed, a much-faster-than-expected jump that could resonate on Wall Street as investors try to determine if inflation could […]

Read more

The stock market is sliding. Should you get out?

With news that inflation is speeding up faster than it has in more than a decade, investors are on edge. The Dow Jones Industrial Average was down more than 400 points on Wednesday, and the S&P 500 declined 1.5%. Here's why the headlines shouldn't make you do anything rash. With news that inflation is speeding up faster than it has […]

Read more

Peloton Recalls Tread+, Tread Treadmills

Shares of Peloton Interactive Inc. (PTON) lost about 15% in regular trading on Wednesday after the treadmill maker announced two separate voluntary recalls of its Tread+ and Tread treadmills. The announcement is a major uturn made by Peloton after it initially said that its products were safe despite several reports of young children and pets getting injured. “The decision to […]

Read more
1 548 549 550 551 552 777