MILAN (Reuters) - Prada's deal to buy Versace revives hopes for a 'Made in Italy' luxury champion after many other family-founded brands ended up in French, Swiss or U.S. hands, and comes as many Italian groups are outperforming the struggling sector. The $1.375 billion deal brings one of fashion's best-known Italian labels back under Italian control after it was sold...

09:11 AM EDT, 04/10/2025 (MT Newswires) -- Venu Holding ( VENU ) said Thursday it signed a three-year exclusive national expansion agreement with tax services firm Ryan to accelerate the rollout of its live music venues across the US. Under the deal, Ryan will secure development sites, structure public-private partnerships and economic incentives to support its growth strategy, the company...

April 10 (Reuters) - Aggressive tariffs on China-made clothes, bags and shoes by U.S. President Donald Trump could benefit off-price retailers such as TJ Maxx and Ross who rely on expansive sourcing strategies and inventory management. TJ Maxx-owner TJX Cos, Ross Stores ( ROST ) and Burlington Stores ( BURL ) often acquire clothing, accessories and other merchandise from U.S....

09:07 AM EDT, 04/10/2025 (MT Newswires) -- CarMax's ( KMX ) fiscal fourth-quarter earnings rose sharply year over year but missed Wall Street expectations, while the company suspended the timeframes related to its long-term objectives due to macro uncertainties. The used-car retailer's earnings jumped 81% year over year to $0.58 a share for the quarter ended February, but trailed the...