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Category Archives: Uncategorized

Retailers like Peloton and Saks keep paying vendors late, signaling possible ‘financial distress’

Over the last year, Peloton, Saks, Express and Bath & Body Works have often failed to pay vendors on time, a sign they could be […]

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Ford to delay all-electric SUV, truck to focus on offering hybrid vehicles across its lineup by 2030

The Detroit automaker said it will continue to invest in EVs, including the three-row SUV, but it is postponing its production to allow the market […]

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Disney beat back activist investor Nelson Peltz. Now the real work begins

Disney CEO Bob Iger has a year to show investors they were right to back him and the board over Trian Partners’ Nelson Peltz.

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Nearly half of Levi’s sales are happening online and in its shops, a shift as department stores fade

Levi Strauss is now doing nearly half of its sales through its own website and stores, the company said when reporting fiscal first quarter earnings. 

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Disney shareholders to decide Nelson Peltz’s board fate at annual meeting

Trian Capital has waged a proxy fight against Disney to land two board seats. Disney shareholders will vote yes or no at Wednesday’s board meeting.

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Ulta shares fall as CEO warns beauty demand is slowing

The beauty retailer Ulta’s CEO Dave Kimbell said sales are still growing, but at a slower-than-expected rate.

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Disney’s largest shareholder Vanguard reportedly backing management over Peltz in board fight

Vanguard has voted for Disney management ahead of Wednesday’s shareholder meeting, Bloomberg News reported citing people familiar with the matter.

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FanDuel says Iowa-LSU game was its biggest betting event of all time for women’s sports

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Private equity firm Silver Lake to take entertainment company Endeavor private at $27.50 a share

Private equity firm Silver Lake announced Tuesday that it’s acquiring entertainment company Endeavor Group Holdings for $27.50 a share.

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GM U.S. vehicle sales fall 1.5% during the first quarter, underperforming other major automakers

The Detroit automaker said the decline was largely due to a 22.9% year-over-year decline in sales to fleet customers.

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