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Design house of lifestyle collections $COH said that Stuart Weitzman's results in 2Q16 exceeded expectations with increased Boots sales, notably in domestic retail stores and in spite of unseasonably warm weather. The company has strengthened Stuart Weitzman's team since its acquisition by recruiting new talents.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.