Retail

LVMH loves Birkenstock as IPO kicks off

LVMH has provided backing for Birkenstock through a private equity firm. The popular sandal maker began trading on the New York Stock Exchange debut on Wednesday opening below its offering price.

Walmart, Kohl's kick off 2023 holiday sales

Major retailers Walmart to Kohl's are kicking off their first sales events for the holiday shopping season that's falling on the backdrop of a slowing economy.