J.C. Penney plans to hire financial adviser

Source: Dukascopy Bank SA
According to the Bloomberg News report published on Tuesday, J.C. Penney Co has approached AlixPartners LLP, as the US brick-and-mortar retailers look for ways to manage its debt.
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Wed, 15 Apr 2020 01:58:26 GMT

Rolex, Chanel, Patek Philippe withdraw from Baselworld show

On Tuesday, Rolex, Chanel and Patek Philippe announced that they would not exhibit at the MCH Group Baselworld trade fair in 2021.

Tue, 14 Apr 2020 19:47:37 GMT

Adidas gets €3B government-backed loan

German retailer Adidas received an approval for a syndicated €3B loan baked by the government to mitigate the financial impact on the business from the COVID-19 spread

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