Gabrielle Fonrouge

Articles by Gabrielle Fonrouge

Home Depot CEO taking temporary medical leave, two top execs to run the retailer - CNBC

Business August 13, 2026

Home Depot CEO Ted Decker is taking a "temporary medical leave of absence" for the next few months and the company has appointed two top deputies to lead until he returns, the retailer announced on WοΏ½...

Shein faces existential threat as tariffs hit low-price model, putting new focus on services - CNBC

Business August 11, 2026

Bus stop advertising for Chinese fashion company Shein in London, England, May 4, 2025. Discount retailer Shein had long argued trade law loopholes weren't the reason for its success. But now that tοΏ½...

Nike was once China's sneaker king. Here's why its sales have fallen 30% - CNBC

Business July 30, 2026

Workers install a Nike logo lamp outside the Wukesong Arena in Beijing, Aug. 28, 2019. By all accounts, Nike's business in China should be firing on all cylinders.Β Β Β Β Β Β Β Β  Sports-related pro...

Shein says it's under investigation by the Federal Trade Commission as it prepares for Hong Kong IPO - CNBC

Business July 29, 2026

Shein's U.S. business is under investigation by the Federal Trade Commission, the fast fashion giant revealed in documents connected to its upcoming Hong Kong IPO.Β  In the filing, the Chinese-founde...

Nike to cut off thousands of online distributors in China, restructure digital footprint - CNBC

Business July 23, 2026

Nike is planning to cut off thousands of online distributors in China beginning in January as the sneaker giant looks to clean up what's become a messy digital marketplace and get the region back to οΏ½...

Levi Strauss beats quarterly expectations, raises guidance and dividend - CNBC

Business July 9, 2026

Levi Strauss beat Wall Street's quarterly expectations on the top and bottom lines on Wednesday, leading the retailer to increase its guidance and its dividend.Β  The denim maker is now expecting ful...

Hollister partners with Target to tap into $89 billion back-to-college shopping market - CNBC

Business June 19, 2026

Abercrombie & Fitch's Hollister is branching out of its apparel roots and partnering with Target to start selling home and dorm decor for the first time as both brands look to new categories to dοΏ½...

EstΓ©e Lauder sues Walmart alleging 'despicable' sale of counterfeit beauty products - CNBC

Business February 12, 2026

Walmart Inc. signage during the company's listing at the Nasdaq MarketSite in New York, US, on Tuesday, Dec. 9, 2025. EstΓ©e Lauder sued Walmart in California federal court over allegations the big-...

Bitcoin dips below $78,000 as market digests silver sell-off, Trump's Fed chair pick

Crypto February 2, 2026

Bitcoin, Ethereum, and Solana slumped on Saturday as retail traders digested a busy market week that saw wild swings in commodities and a long-awaited announcement by President Donald Trump on his chοΏ½...

GameStop's Ryan Cohen eyes 'very big' consumer megadeal that could increase company's value tenfold - CNBC

Business February 1, 2026

GameStop wants to acquire a publicly traded consumer company that's far larger than the video game retailer in a deal that could be "transformational" for the company, CEO Ryan Cohen told CNBC in an οΏ½...