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Hollister makes a comeback

Bloomberg After years of being relegated to the back of the closet, Hollister has been reborn. Though the heyday of the seagull logo is long past, the teen apparel brand with the California vibe has charged back into the mix, trying to turn things around for its struggling parent, Abercrombie & Fitch Co. The bird was once a stamp of ...

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Amazon.com’s slashed prices leave rivals reeling

Bloomberg A price war has raged in US supermarket aisles for well over a year, bloodying retailers big and small. On Monday, Amazon.com Inc. plans to toss a smart bomb into the fray. The online giant’s move to slash prices on everything from organic baby kale to fair-trade bananas on the same day its $13.7 billion acquisition of Whole Foods ...

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Tiffany makes inroads with millennials as Hepburn era fades

Bloomberg Tiffany & Co. is making headway with millennials who seek fashion jewellery while forgoing some of the treasures of the Audrey Hepburn generation: wedding and engagement rings. Growth in fashion and designer jewellery helped boost revenue to $959.7 million during the second quarter, even as sales of wedding rings underperformed, the company. While revenue topped analysts’ estimates, same-store sales ...

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