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Mattel

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Gap surges as apparel maker's turnaround strategy pays off

UPDATE 3-Gap surges as apparel maker's turnaround strategy pays off Adds share milestones in paragraph 2 and adds analyst comment in paragraph 8 By Granth Vanaik May 31 (Reuters) - Shares of Gap GPS.N soared about 28% on Friday after the apparel retailer l ifted its full-year sales target, indicating that its effort to revitalize the business b y bringi ng in newer styles is s tarting to bear fruit .
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Gap surges as apparel maker's turnaround strategy starts to pay off

Gap surges as apparel maker's turnaround strategy starts to pay off May 31 (Reuters) - Shares of Gap GPS.N climbed nearly 25% at $28.04 in premarket trading on Friday after the apparel retailer raised its full-year sales forecast in fresh signs that its turnaround strategy to bring in newer styles is starting to work. The stock has risen nearly 8% this year, building on the 85% surge it saw in 2023 when it brought in former Mattel MAT.O executive Richard Dickson as its new executive chief to rev
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IN CASE YOU MISSED IT–Schedule of Reuters features from this week

IN CASE YOU MISSED IT–Schedule of Reuters features from this week May 23 - Every week, Reuters journalists produce scores of multimedia features and human-interest stories from around the world. Below are some stories from this week selected by our editors, as well as explanatory context and background to help you understand world headlines. For a full schedule of news and events, please go to our editorial calendar on Reuters Connect .
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Venus Williams among sporting figures to get own Barbie doll

Venus Williams among sporting figures to get own Barbie doll LONDON, May 22 (Reuters) - Seven-times Grand Slam champion Venus Williams and Australian soccer player Mary Fowler are among nine athletes to get a Barbie doll in their likeness as toy maker Mattel seeks to shine a light on women sports role models ahead of the Paris Olympics. Mattel unveiled the dolls on Wednesday, each with their bespoke accessories.
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U.S. stocks weekly: Tech support

RPT-BUZZ-U.S. stocks weekly: Tech support Repeats from Friday with no changes to text. Updates chart ** S&P 500 .SPX snaps 3-week losing streak, rises 2.7% as megacap tech stocks rally .N ** Indeed, did this week suggest it was time for a turn? ** Nasdaq .IXIC entered the week due for relief, and potentially getting closer to washed out , surges >4%, posts biggest weekly gain since early Nov ** But for the SPX, it's still a tale of two moving averages ** Every sector gains as Technology, Consume
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