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BusinessBloomberg Markets• 1d ago

Mickey Drexler on Decker Results and Retail Outlook

Mickey Drexler, Chair of Alex Mill and Former CEO and chair of J. Crew, tells Bloomberg that apparel retailers need to do more to give consumers a reason to buy. He says product, discounting and especially newness matter, while arguing that fashion has put too little emphasis on creativity and ...

BusinessBloomberg Markets• 1d ago

Affirm, Sam’s Club Strike Exclusive Buy Now, Pay Later Deal

Affirm is teaming up with Walmart’s Sam’s Club as the retailer’s exclusive buy-now, pay-later partner, just weeks before the key holiday shopping season kicks off. Affirm will serve as Sam’s Club’s exclusive BNPL provider in a multi-year agreement, starting in that role on Sam’s Club’s website i...

BusinessBloomberg Markets• 1d ago

Huntington Bancshares CEO Stephen Steinour on 3Q Results

Huntington Bank shares were little changed after the company reported revenue below expectations and earnings per share in line. CEO Steve Steinour said the results reinforce confidence in meeting financial targets and delivering sustained earnings growth. He cited growth and the integration of...

BusinessBloomberg Markets• 1d ago

A Tesla-SpaceX Merger Doesn’t Add Up

Elon Musk is eager to consolidate Tesla and SpaceX, but recent earnings numbers show how odd that merger would be, Bloomberg Opinion columnist Liam Denning says.