Marks & Spencer is increasing its stock of womenswear in smaller sizes after increased demand left gaps on shelves. Stuart Machin, the chain’s CEO, said that three years ago around a fifth (21%) of items sold from its main seasonal collection were sizes 6 to 10 and that this had now risen to 35% as … Read more
Shipbuilder Harland & Wolff has suspended trading in its shares on the London Stock Exchange after the company failed to publish its annual results on time. The Belfast-based company, which owns the historic shipyard where the Titanic was built, said the audited accounts had been delayed due to ongoing discussions with its accountants over how … Read more
Can the chipmaker continue to soar higher after the stellar gains it has posted over the past year? Early June last year I wrote an article with an identical headline trying to figure out how much of an advantage there is Nvidia (NVDA -0.36%) stock that can deliver, and I have to admit my prediction … Read more
LOS ANGELES, CA – APRIL 9: A Nike corporate logo hangs on the front of their store in The Grove on … [+] April 9, 2023, in Los Angeles, California. (Photo by Gary Hershorn/Getty Images) Corbis via Getty Images [Note: Nike fiscal year ends in May] Nike’s stock Nike Inc. (NYSE: NKE), a company that … Read more
NEW YORK (AP) — A recovery for Nvidia is helping keep U.S. indexes close to their records Tuesday. The S&P 500 rose 0.3% in afternoon trading, closing in on its all-time high set a week earlier. The recovery for Nvidia sent the Nasdaq composite up 1.1%, heading for its first gain in four days. The … Read more
Image source, Getty Images Image caption, Shein uses influencers, models and reality TV stars, such as Love Islander Cally Jane Beech, to promote the brand Item information Author, Olivier Smith Role, Business reporter, BBC News 1 hour ago Chinese fast-fashion company Shein has filed the first papers, bringing it one step closer to a listing … Read more
Just a week ago, Nvidia became the most valuable company in the world. The chipmaker – whose shares had risen ninefold since the end of 2022 – Microsoft caught up while the stock market valuation reached $3.34 trillion (£2.63 billion). Since then, shares have fallen 13% in each of the last three trading sessions. That … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Shein has invested in its logistics infrastructure and is looking for new revenue streams as its core fast fashion business matures ahead of a planned London stock exchange listing. The Chinese-founded startup popular with Gen … Read more
Paris has lost its position as Europe’s largest stock market to London as investors reacted to political unrest in France in the week since Emmanuel Macron called snap elections. Shares listed on Euronext Paris were collectively worth around $3.13 trillion after around $258 billion were removed from the market capitalization of French companies last week, … Read more
Data shows Britain’s main stock market has regained the title of Europe’s most valuable for the first time in almost two years. The total value of companies listed on the London Stock Exchange (LSE) reached $3.18 trillion on Monday, surpassing the $3.13 trillion total value of Paris-listed companies, Bloomberg data showed. Both valuations have since … Read more