The Los Angeles Post
U.S. World Business Lifestyle
Today: March 15, 2025
Today: March 15, 2025
Helen Reid

Helen Reid

Staff Writer

Latest From Helen Reid

Business|Economy|Europe|Finance|Stock Markets

Puma shares plunge 23% as weak profit shakes confidence

Puma lost more than a fifth of its market value on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a drop in annual profit,

Puma shares plunge 23% as weak profit shakes confidence
Business|Economy|Europe|Sports

Puma launches cost-cutting drive after 2024 net profit disappoints

Sportswear brand Puma announced a cost-cutting programme on Wednesday after reporting 2024 net profit below the prior year's level, missing its expectations.

Puma launches cost-cutting drive after 2024 net profit disappoints
Business|Economy|Europe|Fashion and Beauty|Stock Markets

Burberry investors watch for signs of sales turnaround

Investors have high hopes for Burberry to start showing signs of progress in its turnaround when the British luxury brand reports sales for the crucial festive season

Burberry investors watch for signs of sales turnaround
Business|Economy|Fashion and Beauty|Food|Technology|US

TikTok's purveyors of creams and candies under threat from US ban

TikTok's expected Sunday shutdown poses the biggest threat to the universe of small- and medium-sized firms and so-called

TikTok's purveyors of creams and candies under threat from US ban
Africa|Business|Europe|MidEast|World

Red Sea trade route will remain too risky even after Gaza ceasefire deal, industry executives say

Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal

Red Sea trade route will remain too risky even after Gaza ceasefire deal, industry executives say
Business|Economy|Europe|Finance|US

European, US retailers absorb Red Sea shock, wary of hiking prices

Carrying more stock, switching to suppliers nearer to consumers and reducing dependence on China are tactics European and U.S. retailers used to build more resilient

European, US retailers absorb Red Sea shock, wary of hiking prices
Business|Finance

Birkenstock the latest shoe to drop in a tough IPO market

Sandal company Birkenstock needs to sell more clogs and boots and boost sales from its own website and boutiques to attract new shoppers amid a cost

Birkenstock the latest shoe to drop in a tough IPO market
Business|Fashion and Beauty|Finance|Technology|US

Zara owner Inditex invests in US polyester recycling start-up

Zara owner Inditex, the world's biggest clothing retailer, has agreed to invest in and buy recycled polyester from U.S. start-up Ambercycle,

Zara owner Inditex invests in US polyester recycling start-up
Business|Europe|Finance|Food

Confectioners eye holiday boost as UK shoppers snub expensive gifts

Quality Street maker Nestle and Cadbury owner Mondelez are seeing higher sales of confectionery in Britain this holiday season driven by cash-strapped

Confectioners eye holiday boost as UK shoppers snub expensive gifts
Business|Economy|Food|Technology

'Long and tedious journey': companies sour on China outlook

Some of the world's top food, drinks and tech companies have struck a sour tone about Chinese demand, deepening investor worries about

'Long and tedious journey': companies sour on China outlook
Business|Europe|Finance|Stock Markets

Puma aims to boost its brand in 'challenging' market

Puma expects a weak first half of the year in a challenging market, the German sportswear brand said on Tuesday, but its shares rose slightly as it stuck

Puma aims to boost its brand in 'challenging' market
Business|Europe

Adidas posts first loss in 30 years but sticks to dividend

German sportswear giant Adidas posted its first loss in more than 30 years in 2023 on Wednesday as CEO Bjorn Gulden works to turn the brand around

Adidas posts first loss in 30 years but sticks to dividend
Business|Fashion and Beauty|Finance

Zara owner Inditex slashes China stores in digital focus

Zara-owner Inditex more than doubled its pre-tax profits in China last year even as the fashion retailer scaled back its physical presence, closing a

Zara owner Inditex slashes China stores in digital focus
Business|Sports|US

Nike bosses plan 'biggest' Olympics spend as marketing ramps up

Nike is spending more on this Olympics than any previous Games, top executives said on Friday, as the U.S. sportswear brand embarks on a marketing push it hopes will

Nike bosses plan 'biggest' Olympics spend as marketing ramps up
Business|Fashion and Beauty|Lifestyle|Technology

Fast-fashion giant Shein wants to sell skincare, toothpaste and toys, too

Online fast-fashion retailer Shein is courting brands like toothpaste conglomerate Colgate-Palmolive and toymaker Hasbro as it tries to sell more household names on

Fast-fashion giant Shein wants to sell skincare, toothpaste and toys, too
Business|Europe|Finance|Stock Markets

Adidas lifted by sales of Samba, Gazelle shoes while North America lags

Strong demand for its retro-style Gazelle and Samba sneakers helped drive Adidas' strong first-quarter growth, especially in its home market of Europe, the

Adidas lifted by sales of Samba, Gazelle shoes while North America lags
Business|Environment|Finance

Norway's wealth fund backs bid for PepsiCo biodiversity risk assessment

Norway's sovereign wealth fund plans to back a shareholder proposal demanding PepsiCo conduct a biodiversity risk assessment to gauge how vulnerable the soft drink and

Norway's wealth fund backs bid for PepsiCo biodiversity risk assessment
Business|Fashion and Beauty|Lifestyle

Adidas plots to swerve Samba slump

As Adidas aims to build on hot demand for its three-striped white and black Samba and multi-coloured Gazelle sneakers, it's also taking steps to prevent the shoes from

Adidas plots to swerve Samba slump
Business|Europe|Fashion and Beauty|Lifestyle|Technology|US

After China, Zara expands live shopping experiment to Europe and US

Zara will expand its live shopping broadcasts to the UK, Europe and the United States this year, testing a format that is already wildly popular in

After China, Zara expands live shopping experiment to Europe and US
Business|Europe|Fashion and Beauty|Finance|Technology

Shein's pre-IPO charm offensive hits roadblocks in Europe

As online fast-fashion retailer Shein ramps up its pre-IPO charm offensive in Britain, pushback is growing too from Europe's retail industry and

Shein's pre-IPO charm offensive hits roadblocks in Europe
Business|Fashion and Beauty|Finance|Lifestyle

Fast fashion retailer Shein hikes prices ahead of IPO

Fast fashion retailer Shein, known for its China-made $5 tops and $10 dresses, has hiked prices by over a third on some core products, in a move likely to boost

Fast fashion retailer Shein hikes prices ahead of IPO
Business|Europe

Zara pulls advert from website front page after Gaza boycott calls

Zara pulled an advertising campaign featuring mannequins with missing limbs and statues wrapped in white from the front page of its website and

Zara pulls advert from website front page after Gaza boycott calls
Business|Europe|Sports

In Olympics race, Adidas pursues edge in new sports

As sportswear rivals jockey for position ahead of next year's Paris Olympics, Adidas is aiming to stamp its brand on smaller events such as breaking,

In Olympics race, Adidas pursues edge in new sports
Business|Economy|Finance|News|US

Retailers offer deep Black Friday discounts to lure shoppers

By Katherine Masters, Helen Reid and Arriana McLymore NEW YORK/LONDON/DURHAM, N.C.

Retailers offer deep Black Friday discounts to lure shoppers
Business|Economy|Europe|Finance|Lifestyle|Technology

Analysis-Britain's Black Friday shoppers go second-hand in hunt for value

As Black Friday kicks off the holiday shopping season, retailers and manufacturers anticipate a growing number of British consumers will be hunting for

Analysis-Britain's Black Friday shoppers go second-hand in hunt for value

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