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5 mins read
Years of controversy preceded the arrest of the ex-CEO of Abercrombie & Fitch
Before being arrested on charges of sex trafficking, ex-Abercrombie & Fitch CEO Mike Jeffries faced…
Madeline Berg
4 mins read
Ex-Abercrombie & Fitch CEO was involved in sex trafficking for 6 years while he was at the company's helm, prosecutors say
Mike Jeffries, the former CEO of Abercrombie & Fitch, his partner, and a third man have been arrest…
Alex Bitter,Natalie Musumeci
5 mins read
Reliance gets thumbs-up from S&P, Fitch as strong earnings keep leverage in check
The oil-to-telecom-and-retail conglomerate's growth aspirations remain intact, it said, addin…
PTI
1 min read
India's petroleum products demand to increase mid-single-digit percentage in 2023-24: Fitch
India's demand for petroleum products is likely to increase by a mid-single-digit percentage in the…
ANI
3 mins read
Coalition politics, weakened mandate could make passing legislations on ambitious reforms challenging: Fitch
As the NDA is all set to form the government, Fitch Ratings on Thursday said coalition politics and…
PTI
5 mins read
Inside the astonishing, improbable resurrection of Abercrombie & Fitch
Abercrombie & Fitch has turned itself around to become the darling of millennial women and Wall Str…
Emily Stewart
1 min read
Growth in Asia Pacific emerging markets to remain strong in 2024: Fitch
The economic growth in Asia Pacific will remain strong in 2024 and GDP is expected to grow by about…
PTI
1 min read
Rising prices will prolong America's home-affordability crisis with 89% of the market still overvalued, Fitch says
The ratings agency expects home prices to increase between 3% and 5% through year-end, despite an u…
Filip De Mott
1 min read
China's cement sector faces headwinds, while India sees steady growth: Fitch Ratings
Fitch Ratings' insights reveal a challenging outlook for Chinese cement demand in 2024, driven by o…
ANI
2 mins read
RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth
In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…
ANI
1 min read
APAC Oil and Gas producers maintain capex amidst energy transition: Fitch Ratings
According to Fitch Ratings, despite these financial commitments, APAC O&G companies have more flexi…
ANI
1 min read
I visited Abercrombie & Fitch for the first time in years. The brand is back from the dead, but its menswear may not be.
The popular mall destination — once famous for drawing in shoppers by stationing Adonis-like men at…
Gianluca Russo
2 mins read
Fitch Ratings revises outlook on OYO's long-term issuer ratings to 'positive' from 'stable'
Fitch Ratings on Wednesday said it has revised the outlook on Oravel Stays Ltd's (OYO) long-term fo…
PTI
2 mins read
Fitch expects RBI to cut interest rates by 75 basis points in FY25
The Indian central bank is expected to cut interest rates to the tune of 75 basis points in FY25, b…
2 mins read
Stock markets rebound on buying in IT stocks, positive macro data
Benchmark Sensex rebounded 335 points and Nifty closed above the 22,100 level on Thursday on the ba…
PTI
5 mins read
Boom2Bust: Retail investors to face the brunt as small and midcap corrections wipe out billions of dollars
The mid- and small-cap retail investors seem star-crossed at the moment as the markets continue to …