Deira Trading Company

Gap (GAP) Q2 2025 earnings

Gap’s fiscal second-quarter revenue came in lighter than expected on Thursday but sales at Banana Republic far exceeded expectations as the brand’s turnaround begins to show results.  The specialty apparel company behind Old Navy, Athleta, Banana Republic and its namesake banner saw comparable sales rise 1% during the quarter, weaker than the 1.9% rise that […]

Nike to lay off about 1% of corporate staff

A Nike store in Hanoi, Vietnam, on July 3, 2025. Nhac Nguyen | Afp | Getty Images Nike is planning another round of layoffs as part of CEO Elliott Hill’s efforts to realign the business and get it back to growth, CNBC has learned.  The cuts will impact less than 1% of Nike’s corporate staff. […]

Best Buy (BBY) earnings Q2 2026

Best Buy surpassed Wall Street revenue and earnings expectations for its most recent quarter on Thursday, but stuck with its full-year forecast, citing tariff uncertainty. CEO Corie Barry said the retailer’s earnings call that it’s “increasingly confident about our plans for the back half of the year” and said the company is “trending toward the […]

JLL Bid Intensity Index, gauge of CRE transaction volume, improves in July

Housing block in Warsaw, Poland Busà Photography | Moment | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public […]

Abercrombie & Fitch (ANF) Q2 2025 earnings

Abercrombie & Fitch sales growth slowed again in its fiscal second quarter as the apparel company struggles to top the surge it enjoyed last fiscal year. During the quarter, sales at the namesake Abercrombie brand fell 5% while comparable sales dropped 11%.  But the success of the teen-focused Hollister brand helped to salvage the quarter. […]

Source: CurrencyRate