Under-pressure Dr Martens delivered a very brief trading update on Thursday to coincide with its Annual General Meeting and it does’t seem to have seen an upturn since it last shared its performance progress. DR It said trading since the start of this financial year “has been in line with expectations and our guidance for [...]read moreDr Martens trading update contains no surprise good news
By Bloomberg Published Jul 6, 2024 Hip-hop musician Shawn ‘Jay-Z‘ Carter has become the latest celebrity backer of the online watch market after taking an equity stake in luxury trading platform Wristcheck. Bloomberg Carter, a well-known collector of rare and valuable watches from brands including Patek Philippe, Audemars Piguet and Richard Mille, participated in a [...]read moreJay-Z backs luxury watch trading platform Wristcheck
Tesco issued a trading update on Friday and frustratingly, it included only 11 words about non-foods and fashion, despite clothing being a key driver during the period covered. Tesco F&F For the 13 weeks to 25 May (the retailer’s first quarter), it talked of “non-food sales up +0.7%, driven by strong growth in clothing”. We [...]read moreTesco trading update shows clothing remains strong
Hyve Group’s major responsible fashion sourcing show, Source Fashion, is this season collaborating with the UK’s Foreign, Commonwealth & Development Office (FCDO) to “host an exclusive webinar to highlight the significant opportunities for businesses from the new Developing Countries Trading Scheme (DCTS)”. Source Fashion Happening at 11am on Thursday (13 June), it will be hosted [...]read moreSource fashion webinar highlights new trading scheme
Online retailer SportsShoes.com continues to deliver impressive performance figures with annual turnover and new customer numbers up significantly. SportsShoes.com Turnover for the 12 months to 29 February jumped 11% to £90 million as the retailer attracted 663,000 new customers in the period. In addition, the online running shoes, running clothing and outdoor gear retailer said it secured [...]read moreSportsShoes.com speeds to another successful year’s trading
DeNA and The Pokemon Company just announced a new subsidiary (66.6% with DeNA and 33.4% with The Pokemon Company) called Pokemon Card D Studio. Pokemon Card D Studio has been established to continue the strong partnership the two have, and also handle Pokemon Trading Card Game Pocket which is set to release this year on [...]read more‘Pokemon Card D Studio’ Is a New Subsidiary Set Up by DeNA and The Pokemon Company To Handle ‘Pokemon Trading Card Game Pocket’ – TouchArcade
As eBay continues to invest in the trading card space, the e-commerce company announced Wednesday three significant commercial transactions with Collectors, the parent company of PSA (Professional Sports Authenticator), the third-party authentication and grading provider in the collectibles industry. The transactions include a trading card commercial agreement that aims to provide trading enthusiasts a seamless [...]read moreeBay enters trading card commercial agreement with Collectors, acquires Goldin
The New York Stock Exchange said Monday it will immediately suspend trading shares of EV startup Fisker and is moving to take the company off its stock exchange. The exchange said Monday that Fisker’s stock is “no longer suitable for listing” because of “abnormally low” price levels. The decision comes a month after Fisker was [...]read moreFisker trading suspended by NYSE
Reddit is now a publicly listed company, with its years-long mission towards an I.P.O., which has required significant restructuring of its business and platform, now realised. After launching at $34 per share, Reddit shares jumped 67% in early trading, with investors clearly excited about the platform’s opportunities, despite it still being unprofitable, and seeing limited [...]read moreReddit Shares Rise in Early Trading After IPO Launch
Reddit is now a publicly listed company, with its years-long mission towards an I.P.O., which has required significant restructuring of its business and platform, now realised. After launching at $34 per share, Reddit shares jumped 67% in early trading, with investors clearly excited about the platform’s opportunities, despite it still being unprofitable, and seeing limited [...]read moreReddit Shares Rise in Early Trading after IPO Launch