Tuesday , 5 May 2026

Recent Posts

Brooks Brothers bid narrows to firm by New Barneys owner

Bloomberg Bankrupt Brooks Brothers Group Inc is on the verge of being sold to a partnership that includes the new owner of Barneys New York and one of the biggest US mall operators. Sparc Group which is backed by Authentic Brands Group and Simon Property Group Inc, is expected to be the winning bidder after rivals including WHP Global dropped …

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Canada Goose drops on slow traffic

Bloomberg Canada Goose Holdings dropped as much as 9% after the company said activity was slow in its reopened stores, raising concerns about demand ahead of the key winter season. The company said it will focus new store openings this year on mainland China, “where the recovery of traffic remains ahead of other markets.” The height of the crisis hit …

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UK quarantine is strangling economy: Heathrow Airport

Bloomberg London’s Heathrow blamed the UK government for July traffic figures that show scant evidence of a recovery in demand at what’s normally Europe’s busiest travel hub. The imposition of a 14-day quarantine for people arriving from countries with high Covid-19 infection rates means Britain is effectively cut off from markets including the US, Canada and Singapore, Heathrow said in …

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