The financial exposure among luxury suppliers remains substantial. Bankruptcy petitions show Saks owes Chanel about $136 million, Kering nearly $60 million, and LVMH roughly $26 million. Amazon's role ...

Amazon.com Inc. and luxury groups including LVMH and Chanel Ltd. will serve on the official committee of unsecured creditors in the bankruptcy of Saks Global Enterprises, positioning them to influence ...

Walmart still lags behind its online rival in market cap, even with a $1 trillion valuation, but makes up for it with its ...

Traders' enthusiasm over the blowout January jobs report faded away over Wednesday's session, with the Dow Industrials ...

The French luxury-goods giant results are a sign that shoppers weren't splurging on high-end garments, jewelry and cosmetics in the run-up to the holiday season. Amazon to Shut Down All Amazon Go and ...

By Dietrich Knauth Jan 28 (Reuters) - Ecommerce giant Amazon and high-end brands LVMH and Chanel have been appointed to Saks Global's newly formed creditors committee, which will give them a stronger ...

The recently announced November retail report showed that consumers continue to spend. There were a number of strong categories in the report, which could help drive the stocks of companies in those ...