Hermès Handbags Pass an Early Covid Test

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Hermès Handbags Pass an Early Covid Test

Even with nowhere to flaunt it, wealthy shoppers have paid over the odds for a secondhand Birkin handbag during Covid-19 lockdowns. Strong auction results for the Hermès brand aren’t a great indicator of the wider health of the luxury sector, though.
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Wirecard auditors face legal action after collapse of scandal-hit payments firm

The German shareholders’ association SdK said Friday that it had filed a criminal complaint against auditors at EY. Munich-based Wirecard filed for insolvency on Thursday, after revealing 1.9 billion billion euros had gone missing. EY said “even the most …
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RPT-Oil pricing agencies Platts, Argus launch new US crude benchmarks

(Repeats story originally published on June 25, no changes). By Julia Payne and Devika Krishna Kumar. LONDON/NEW YORK, June 25 (Reuters) – After U.S. crude futures took an historic plunge into negative territory in April, the two top oil price reporting …
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Big Lots shares jump 9% premarket after company says quarter-to-date sales 'well ahead of expectations'

Big Lots Inc. shares BIG, +1.80% soared 9% in premarket trade Friday, after the discount retailer said it has seen a continuation of the strong demand that began in mid-April during the coronavirus pandemic, putting its same-store sales in the second …
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Sensata Technologies to make 160 redundancies at Antrim site

The industrial sensor manufacturer Sensata Technologies is planning to make 160 redundancies at its Antrim site. It says the move is in response to a significant drop in market demand due to the impact of the coronavirus pandemic. Earlier this year, the firm …
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