Juventus shares fell as much as 13 per cent on Monday after Italy’s football authorities hit the club with a 15-point penalty following alleged false accounting practices. The decision, taken by the country’s football federation late on Friday, is the...
In the wake of the COVID-19 pandemic, consumer support for local businesses was higher than ever. A 2021 Harris Poll Consumer Shopping Study showed that 71% of Americans would prefer to buy from an independent retailer over a national chain,...
We may be heading for a global recession, but there’s one group of people who can’t seem to stop spending — the world’s richest. While retail sales in general have been falling, and the stock market was down by 20...
UK and US school breaks in February could spring some nasty surprises on families seeking fun days out. Visitor attractions are coping with a double financial blow: damage inflicted by lockdowns and soaring input costs. As a result, they have...
Only a few years ago, Natura &Co was a rare case of a Latin American business pursuing truly global ambitions. The Brazilian cosmetics maker, which prides itself as a standard-bearer for sustainability, embarked on an international drive in the last...
Augmented reality travelWhen Esther Spengler walked alone out of a remote camp in Morocco’s Atlas Mountains, she was in search of something more than a travel experience. For the next three days, she would hike across rocky hills and to...
There was one risk Roman Arnold was unwilling to take when he sold a majority stake in Canyon Bicycles, the German manufacturer whose bikes can set you back €8,000.Shunning private equity firms such as KKR and Carlyle that had been...
After a bumper Christmas season, Andrew Higginson, who last summer became non-executive chair of retailer JD Sports, has increased his holding in the company. On January 11, the company said Higginson had acquired a total of 159,704 ordinary shares at...
Dive Brief: Bed Bath & Beyond on Thursday said Nasdaq notified the company that it “is not in compliance with the requirements for continued listing” on the world’s second-largest stock exchange for failing to file its 10-Q quarterly report with...
Dive Brief: Wayfair is laying off about 1,750 employees, representing 10% of its global workforce. About 1,200 of those employees are part of its corporate workforce. The company is offering severance “based on each individual’s circumstances,” and it will vary...
