Kering

As cannabis legalization spreads across the country, cannabis advocates patiently await and passionately fight for federal resolution. Meanwhile, in states where cannabis has already become legal, activists and companies are working on its “normalization.” Due to the stigma that has...

Citi bank resumed coverage of LVMH Moet Hennessy Louis Vuitton SA Unsponsored ADR (OTC: LVMUY) Tuesday with a bullish stance.  The Analyst  Thomas Chauvet resumed coverage of LVMH with a Buy rating and raised the price target from 315 euros ($353.38) to 392 euros ($439...

Puma AG Rudolf Dassler Sport (OTC: PMMAF) capped a successful 2017 after announcing it has delivered sales of over 4 billion euros in 2017, a record for the German sportswear company. Every geographic region contributed to more than double-digit sales growth in fiscal 2017, and footwear continued...

Puma SE NPV (OTC: PMMAF) released preliminary second-quarter results on Monday and has raised its guidance for the second half of 2017. Puma has been one of the hottest footwear companies in 2017 in a struggling industry. “Puma is the only brand that is showing significant growth at scale,...

Coach Inc (NYSE: COH)’s $2.4 billion purchase of Kate Spade & Co (NYSE: KATE) is a marriage made in handbag heaven, according to Deutsche Bank. Deutsche Bank upgraded Coach from Hold to Buy and raised its price target from $40 to $54 on Monday. Operating a multi-brand portfolio similar to...

While Big Baller Brand has officially released what their first signature shoe will look like for Lonzo Ball, it likely won’t have much of an effect on how the shoe industry will operate moving forward. It did, however; create a massive buzz on social media. Footwear Sales Growth Origination...

Shares of Alibaba Group Holding Ltd (NYSE: BABA) have lost 27 percent over the past 52 weeks. An ongoing concern among investors is Alibaba's initiatives (or lack thereof) of cracking down on counterfeit goods sold on its platform. Alibaba's founder and chairman, Jack Ma, said...

This piece contains the opinions of the author, Kristin Bentz, President at Talented Blonde, LLC, that do not reflect the opinions of Benzinga.com. Don’t say I didn’t warn you. On December 23, 2014, I posted a missive on my Tumblr page lamenting the recent weakness in traditional...

This weekend in Barron's online: alternative indexing, the quarterly report on mutual funds, as well as the prospects for Hewlett-Packard, B/E Aerospace, Rio Bravo Restaurant and more. Cover Story "Beyond Bogle: The New Indexing" by Reshma Kapadia. This week's cover story in Barron's remarks...