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SAVYATA MISHRA
Victoria's Secret plunges 27% as shrinking demand hits sales forecastsFiscal 2024 sales predicted at $6bn, below estimates. First-quarter sales expected to decline. 35 stores to close, 15 new stores to open, d...- Nike forecast cut sends sportswear stocks 12% down as spending stumblesThat sent shares of rivals Adidas and Puma down roughly 5% each, with Lululemon down 2% and Under Armour down about 6% before the bell.
- Amazon to hire 150,000 workers ahead of holiday seasonThe world's largest online retailer, which hired the same number of workers last year September, said the new roles are for packing, pickin...
- Asia FX bears hit record high on hawkish Fed, China growth worries: PollShort positions in the South Korean won, the Singapore dollar , the Malaysian ringgit, and the Philippine peso hit their highest on record,...
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