The New York Times – Travel:
The company is under pressure to show regulators and customers that it takes safety seriously and to reassure investors about its financial outlook.
Category: Company Reports
-
Is Farfetch About to Go Bust?
The New York Times – Fashion & Style:
For years, Farfetch was a tech darling that powered much of online luxury shopping. Now it is teetering on the brink of collapse.
-
Sharp Drop in Airfares Cheers Inflation-Weary Travelers
The New York Times – Travel:
Airlines are starting to offer bargain prices, including to popular overseas destinations like Paris, a sign that they are fighting to fill planes.
-
Holiday Retail Sales Are Expected to Increase, but at a Slower Pace
The New York Times – Fashion & Style:
Spending in that crucial period is predicted to rise 3 to 4 percent from last year, as the economy cools and demand normalizes.
-
Halloween Shoppers Not Spooked as Economic Slowdown Remains Elusive
The New York Times – Fashion & Style:
From apple picking to skeleton cows, early seasonal spending seems solid. It’s the latest sign that Federal Reserve policy to combat inflation hasn’t tanked growth.
-
Target, Citing Theft, to Close Nine Stores
The New York Times – Fashion & Style:
The retailer will close locations in New York, San Francisco, Seattle and Portland, saying its business had been hurt and the safety of employees and customers was at risk.
-
LVMH’s Bernard Arnault Is the King of Luxury, but Who Is Next to the Throne?
The New York Times – Fashion & Style:
With brands like Tiffany, Dom Pérignon and Louis Vuitton, LVMH turned him into one of the world’s richest men. But with five children, he has a hard decision to make.
-
Tapestry and Capri Announce a Luxury Mega Merger
The New York Times – Fashion & Style:
The two fashion conglomerates, Tapestry and Capri Holdings, generate about $12 billion in combined revenue.
-
Airlines Are Thriving as People Keep Traveling
The New York Times – Travel:
Three large U.S. airlines have reported strong quarterly sales and profits in recent days because of strong demand, high fares and relatively low fuel prices.