“Just do it.” That’s the advice business powerhouses Bianca Gates and Haley Sacks gave to a room filled with female entrepreneurs and career women in New York on Thursday night. Gates, who is the co-founder of shoe brand Birdies, and Sacks — also known as “Mrs. Dow Jones” on Instagram and runs Finance Is Cool, a financial […]
Gap Inc. withdrew its guidance for the year after reporting a net loss of $49 million in the second quarter of 2022. The beleaguered San Francisco-based company, which is in the midst of a CEO search, cited inflationary pressures impacting the lower-income consumer and the wrong merchandise mix and sizes at its Old Navy banner […]
LONDON — JD.com, China’s second-largest e-commerce operator after Alibaba, logged a 5.4% increase in net revenue to 267.6 billion renminbi, or $39.09 billion, in the second quarter of 2022 ended June 30, beating analysts average estimate of 262.31 billion renminbi, according to Refinitiv. Income from operations for the period was 3.8 billion renminbi, or $555.1 million, […]
Dick’s Sporting Goods is not seeing slowdowns in consumer spending, bucking a trend of weak demand being seen across retailers this quarter. “We are not seeing a significant trade down,” said Dick’s CEO Lauren Hobart in a call with investors on Tuesday. “Our consumer is holding up very well.” Shares of the sporting goods retailer […]
Shares for Macy’s Inc. were up 6.5% on Tuesday morning after the department store beat expectations in the second quarter. Net sales in the second quarter fell slightly to $5.6 billion from $5.65 billion a year earlier. This was still above market expectations with estimates for the quarter at $5.49 billion. On the company’s second […]
Nordstrom is the latest retailer to adjust its yearly guidance down, despite performing well in the second quarter. On Tuesday, the Seattle-based department store reported net Q2 earnings of $126 million, up from $80 million the same quarter last year. Net sales also increased 12% in the quarter to $3.99 billion, versus $3.57 billion in […]
Shares of Caleres Inc. were up nearly 5% in after-hours trading on Tuesday after the company reported strong second-quarter results. The St. Louis-based footwear company, which owns Famous Footwear, Allen Edmonds, Sam Edelman and more brands, reported that Q2 net sales were up 9.3% from last year, coming in at $738.3 million. This beat analysts’ expectations of […]
Emme Muniz was sharply suited at mother Jennifer Lopez’s second wedding to Ben Affleck. The couple wed at Affleck’s estate in Riceboro, Ga., on Saturday — which also shared a romantic history, as it’s where they would have originally wed in their initial 2003 engagement. During Lopez and Ben’s wedding, 14-year-old Muniz dressed on-theme with the event’s all-white […]
Maximilian Muniz dressed in truly dapper fashion for his mother Jennifer Lopez’s second wedding to Ben Affleck. The couple wed at Affleck’s estate in Riceboro, Ga., on Saturday — which also shared a romantic history, as it’s where they would have originally wed in their initial 2003 engagement. During Lopez and Ben’s wedding, 14-year-old Muniz clearly paid attention […]
Patrick Mahomes was in full team spirit with his family while at the Kansas City Chiefs’ Geha Field, celebrating his announcement as the latest inductee in the Texas Tech Hall of Fame. The occasion will formally take place this fall, where Mahomes will be officially inducted. The quarterback posed with wife Brittany Matthews and their daughter Sterling in […]