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Rent the Runway shares rise after fashion rental company reports stronger quarterly sales

Rent the Runway shares rise after fashion rental company reports stronger quarterly sales

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Jennifer Hyman, Rent the Track Scott Mill | CNBC As some buyers think twice before buying, Rent the track takes a bump. The fashion rental and subscription company on Wednesday reported higher quarterly revenue that beat expectations and raised its financial outlook for the year as customers opted to borrow designer clothes instead of buying …

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Hong Kong shares drop more than 2% as Tencent cuts Meituan stake; Japan has a trade deficit of $15 billion

Hong Kong shares drop more than 2% as Tencent cuts Meituan stake; Japan has a trade deficit of $15 billion

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NetEase plunges after Blizzard announces suspension of gaming services in China Hong Kong listed shares of NetEase plunged 13% after Blizzard Entertainment, a subunit of ActivisionBlizzardsaid it would suspend gaming services in China, citing the expiration of licensing agreements with NetEase. “We are extremely grateful for the passion our Chinese community has shown throughout the …

Hong Kong shares drop more than 2% as Tencent cuts Meituan stake; Japan has a trade deficit of $15 billion Read More »