Deira Trading Company

Lululemon, Abercrombie, American Eagle release early 2024 holiday sales

ORLANDO, Fla. — Lululemon and Abercrombie & Fitch raised their fourth-quarter outlooks on Monday after seeing a strong response from shoppers during the all-important holiday season.  Lululemon’s new outlook went over well with investors, leading shares to rise about 2% in premarket trading. But Abercrombie shares dropped about 9% as investors wonder if its rapid […]

Ford reveals new special edition of $325,000 Mustang GTD

2025 Mustang GTD Spirit of America Ford DETROIT — Ford Motor on Thursday revealed a special edition of its $325,000 Mustang GTD called “Spirit of America,” a nod to historical jet-propelled cars sharing the same name. The white vehicle features red and blue stripes down its center, matching the overalls that Spirit of America driver […]

Ford CEO says China operations earned $600 million in 2024

Ford Motor CEO Jim Farley during a reveal of a special-edition Ford Mustang GTD for the Detroit Auto Show on Jan 9, 2024. Michael Wayland/ CNBC DETROIT — Ford Motor‘s operations in China earned roughly $600 million last year despite challenging market conditions, CEO Jim Farley said Thursday night. “I’m happy to say that Ford makes […]

Wayfair to exit Germany, cut 730 jobs in latest layoffs

Wayfair is exiting the German market and plans to cut as many as 730 jobs, or about 3% of its global workforce, as it looks to focus on new growth drivers such as physical retail, the company said Friday. About half of the affected employees will have the option to stay on with Wayfair if […]

Source: CurrencyRate