JD.com Inc, China's second-largest e-commerce firm, posted a wider net loss in the second quarter as marketing costs offset higher-than-forecast revenue growth, sending its shares sharply lower on Monday.
J.C. Penney Co Inc's stock hit a life-low as major store closures and a challenging retail scene drove the embattled department store chain to a bigger-than-expected quarterly loss and took a toll on comparable sales.
U.S. cosmetics maker Avon Products Inc, under pressure from activist investor Barington Capital, said CEO Sheri McCoy will step down next year, sending the company's shares sliding 9 percent in premarket trading.
The Cuban-Mexican singer has been named as the cosmetics giant's latest global spokesperson. The former girlband member will represent the brand internationally and will feature in forthcoming advertising campaigns.
Older men in the UK feel confident about their looks and ageing gracefully and younger men are beard-focused. But that's hurting skincare sales with the men’s sector set to decline this year, says new research.
Unilever did well in H1 on the back of cost cuts and some good brand performances. Its Dove, Sunsilk, Dermalogica, Dollar Shave Club and Living Proof brands all continued to grow strongly during the half.
Sir Philip Green has named Burberry's ex-chief merchandising officer Paul Price as CEO at the Topshop/Topman business with a remit to grow globally and expand its digital footprint. But will it also move upmarket?