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International Business

  • Canadian outerwear brand in brick-and-mortar expansion

    A premium outerwear best known for its signature goose-down jacket with fur-trimmed hood is expanding its fledgling store footprint.    Canada Goose Holdings Inc. announced plans to open three additional retail stores this fall, with locations in Boston, Calgary (Canada), and Tokyo, Japan. Also opening this fall are two previously announced stores in Chicago and London.   

  • Specialty retailer emerges from Chapter 11 — on hunt for new CEO

    After eliminating in excess of $435 million in funded debt.   Payless ShoeSource has emerged from bankruptcy — with a slimmed down U.S. portfolio and a cleaner balance sheet.  

  • Report: Alibaba primed for explosive global growth

    Move over Amazon — China's largest online player is looking to take on the world.    Now the largest e-commerce company in the world with $430 billion in gross merchandise volume, Alibaba is seeking to become a global company as well with a goal of serving more than 2 billion shoppers, according to a new report by global think tank FGRT (Fung Global Retail & Technology).  

  • Office Depot Q2 profit misses amid sales decline

    Weak sales made for a rough second quarter for Office Depot.   The retailer said its profit fell to $24 million, or 5 cents a share, short of Wall Street expectations, compared with $210 million, or 38 cents a share, in the year-ago period. (The 2016 quarter included a $250 million fee paid by Staples to Office Depot after Staples abandoned its intent to acquire its rival.)  

  • Analyst: Amazon stock to hit $1,275 per share in 2018

    Amazon is the "best long-term growth story available to investors today." But don't expect the company to generate meaningful profits anytime soon.   That's according to MKM Partners managing director Rob Sanderson who, on Tuesday, raised his price target on the online giant's stock to $1,275 per share, up from $1,095.  

  • British online fashion giant doubling down on the U.S.

    As if American apparel retailers didn't have enough homegrown competition, ASOS, the largest online fashion retailer in the U.K., is making a major push into the American market.   

  • Commentary: ‘Fresh start’ for Ralph Lauren

    Ralph Lauren starts its new fiscal year in much the same way as it ended the last one: with sales lines splashed with red ink to indicate the severe declines across most divisions of the company. Some of this would be excusable if the iconic brand were at the start of a journey of reinvention, but this comes after multiple attempts to get the firm back on track - most of which have proved to be fruitless.  

  • Chinese e-commerce giant in joint venture with Marriott

    Alibaba Group Holding is expanding its online travel footprint.  
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