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Boohoo offers relief with ‘holiday sales’

Bloomberg Boohoo Group Plc lifted its full-year growth forecast after the online apparel seller’s Instagram-fuelled marketing strategy paid off over the holidays, offering a measure of relief to an embattled UK retail sector. The group lifted its growth forecast for the year to a range of 43 percent to 45 percent from a previous 38 percent to 43 percent after ...

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Security waits top an hour at Atlanta airport amid shutdown

Bloomberg Some airport security lanes in Atlanta, Washington and Houston were closed as the Transportation Security Administration (TSA) continued to grapple with more absenteeism during the partial government shutdown. The TSA will begin relocating airport screening officers “on a national basis to meet staffing shortages that cannot be addressed locally,” the federal agency said in a tweet. The TSA will ...

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Lululemon soars as holiday sales stand out

Bloomberg Lululemon Athletica Inc rose the most in more than four months after the yogawear company boosted its quarterly sales and profit forecast ahead of the ICR Conference in Orlando this week. The move follows a series of holiday sales misses last week and prompted a chorus of praise from analysts. “In what is turning out to be a more ...

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