Victoria’s Secret market share sinks as online brands grow

2019-05-20

Victoria’s Secret’s market share has sunk to 24% in 2018 from 31.7% in 2013, according to the latest U.S. women’s underwear report from Coresight Research, with digitally native brands gaining appeal among shoppers, particularly young women. Victoria’s Secret is the number one women’s lingerie brand in the U.S., leading aRead More →

London sinks on Brexit extension

2019-04-11

London markets were down as a Brexit extension had next to no positive impact on investors. How did markets perform? The FTSE 100 UKX, -0.04%  was down a mere 0.1% to 7,416.7. It closed down almost 0.1% Wednesday. The pound GBPUSD, +0.0000%  declined 0.1% to $1.3077, giving back some ofRead More →

Oil sinks on China slowdown fears; natural gas surges 5%

2019-01-17

Oil futures declined sharply Thursday, tracking lower moves in most global equity benchmarks, as fear of a China-led demand slowdown gripped investors. West Texas Intermediate crude for February delivery CLG9, -1.87%  fell $1.16, or 2.2%, to $51.15 a barrel on the New York Mercantile Exchange, a day after posting aRead More →