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04 May 2026

Saks Global wins approval for creditor vote plan

Saks Global has secured court approval for its disclosure statement, paving the way for creditor voting on its reorganisation plan as the luxury retailer targets an exit from Chapter 11…

04 May 2026

GameStop proposes $55.5bn takeover of eBay

GameStop has put forward an unsolicited, non-binding proposal to buy e-commerce platform eBay in a cash-and-stock transaction valued at about $55.5bn, with an offer price of $125.00 per share. Under…

01 May 2026

Estée Lauder reports higher Q3 sales and lifts guidance

The Estée Lauder Companies reported higher net sales in the third quarter (Q3) ended 31 March 2026, alongside improved adjusted profitability, and revised its full-year guidance. The company said it…

01 May 2026

Crocs raises outlook on ‘better than expected’ Q1

Crocs has raised its top and bottom line outlook for the year after announcing “better-than-expected” results for the first quarter. Crocs CEO Andrew Rees said the results were fuelled by…

01 May 2026

Prada Group reports 14% revenue growth in Q1 2026

Prada Group reported a 13.8% year-on-year (YoY) increase in net revenues at constant currency for the first quarter ended 31 March 2026, alongside an organic growth of 2.6%. The Italian…

01 May 2026

Wayfair’s Q1 revenue rises 7.4%

Wayfair recorded net revenue of $2.93bn in the first quarter of 2026, a year-on-year (YoY) increase of 7.4%, for the period ended 31 March 2026, as its active customer base…

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