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August 2, 2021

Tapestry Inc

From Aerie to Zara, retailers are turning viral TikTok moments into sales gold

CNBC
CNBC – For more and to sign up click here A TikTok logo seen displayed on a smartphone. Filip Radwanski | SOPA Images | LightRocket | Getty Images When a Lululemon skort went viral across TikTok earlier this summer, 16-year-old Kylie knew she had to get her hands on it.......

More earnings, April’s big jobs report and inflation worries could swing markets in the week ahead

CNBC
CNBC – For more and to sign up click here Traders on the floor of the New York Stock Exchange. Source: NYSE April’s jobs report and a barrage of earnings news make for another busy week for markets, as the calendar rolls into May. Stocks notched solid gains in April,......

High-end retail stocks are showing signs of more upside, Jim Cramer says

CNBC
CNBC – For more and to sign up click here Pedestrians pass in front of a Nordstrom Inc. store in the Midtown neighborhood of New York, on March 20, 2020. Gabby Jones | Bloomberg | Getty Images High-end retail stocks have made strong gains in recent months, and recent trading......

Stocks making the biggest moves in the premarket: Dish Networks, Boeing, Cooper Tire & more

CNBC
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Dish Networks (DISH) – The satellite TV provider rose 3.2% in premarket trading after it reported quarterly earnings of $1.24 per share, well above the consensus estimate of......

Walmart’s use of TikTok will likely continue, even if deal with Oracle falls apart

CNBC
CNBC – For more and to sign up click here Walmart‘s hopes of owning a stake of TikTok may be dashed, but don’t expect its interest in the viral video app to fade away. The company’s plan to buy the social media app’s U.S. operations with Oracle has been indefinitely......

Fashion brands see sales rebounding—eventually. Europe’s murky outlook could snag growth

CNBC
CNBC – For more and to sign up click here A person walks into the Nordstrom store open for business as New York City moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 29, 2020 in New York, New York. Rob Kim |......

Tapestry CEO says heart-shaped Kate Spade bag sold out after going viral on TikTok

CNBC
CNBC – For more and to sign up click here Tapestry CEO Joanne Crevoiserat told CNBC on Thursday the company saw a surge in demand for a heart-shaped Kate Spade bag that went viral on TikTok last month. “We were able to harness that. The bag sold out. We got......

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