Investors who bought insurance meant to mitigate losses from Sears Holdings Corp's bankruptcy proceedings are claiming that a hedge fund that sold the insurance is improperly influencing market proceedings.
Almost three quarters of consumers are intending to shop either online or in stores over the upcoming holiday weekend, according to a Deloitte study, with Cyber Monday expected to attract the biggest spend.
Gap Inc reported quarterly same-store sales below analysts' expectations on Tuesday, as its namesake brand posted another weak performance and its more affordable Old Navy line of clothing also missed estimates.
DBG is conducting its first ever round of international crowdfunding via the U.K.-based platform Crowdcube, with a current total of over £1.3 million raised. The campaign will continue to run for the next 26 days.
Glamour, the fashion and beauty magazine popular with young women, is ditching its monthly print editions and embracing the online revolution, its chief editor and publishers Conde Nast announced Tuesday.