Authentic Brands Group is delaying its planned initial public offering and instead selling major equity stakes in its business to two private equity firms and a group of existing stakeholders.
Foot Locker reported better-than-expected third-quarter sales and adjusted earnings and expressed confidence it was ready to meet holiday demand despite persistent supply chain issues.
Kohl’s delivered a better-than-expected third-quarter performance with earnings, sales and margins exceeding expectations as shoppers returned to its stores.