Alexandre Arnault Joins Nike’s Board of Directors
The LVMH executive joins Nike’s board as the sportswear giant prepares to be removed from the S&P 100 index after nearly two decades.
business-growth
Financial Markets
PVH Beats 2Q Profit Forecasts
PVH Corp. reported fiscal second-quarter profit of $90.5 million.
PVH Beats 2Q Profit Forecasts
PVH Corp. reported fiscal second-quarter profit of $90.5 million.
Financial Markets
Guess Beats 2Q Profit Forecasts
Guess Inc. reported fiscal second-quarter net income of $32.3 million.
Guess Beats 2Q Profit Forecasts
Guess Inc. reported fiscal second-quarter net income of $32.3 million.
Financial Markets
Wal-Mart Profit Beats Expectations With Stocks Rising
The world's largest retailer reported a higher-than-expected quarterly profit as sales at its established US stores rose for the eighth consecutive quarter, sending its shares up more than 3 percent.
Wal-Mart Profit Beats Expectations With Stocks Rising
The world's largest retailer reported a higher-than-expected quarterly profit as sales at its established US stores rose for the eighth consecutive quarter, sending its shares up more than 3 percent.
Financial Markets
Canadian Retailer Aritzia Files for Toronto IPO as Market Thaws
Aritzia, the Canadian women’s fashion retailer, filed for an initial public offering on the Toronto Stock Exchange.
Canadian Retailer Aritzia Files for Toronto IPO as Market Thaws
Aritzia, the Canadian women’s fashion retailer, filed for an initial public offering on the Toronto Stock Exchange.
Financial Markets
L Brands Tops Second Quarter Forecasts
L Brands reported fiscal second-quarter net income of $252.4 million.
L Brands Tops Second Quarter Forecasts
L Brands reported fiscal second-quarter net income of $252.4 million.
Retail
Urban Outfitters Tops 2Q Forecasts
Urban Outfitters reported fiscal second-quarter earnings of $76.9 million.
Urban Outfitters Tops 2Q Forecasts
Urban Outfitters reported fiscal second-quarter earnings of $76.9 million.
Retail
Nordstrom Profit Tops Estimates as Rack Brand’s Sales Increase
Nordstrom posted second-quarter profit that topped analysts’ estimates, helped by higher sales at its off-price Rack chain.
Nordstrom Profit Tops Estimates as Rack Brand’s Sales Increase
Nordstrom posted second-quarter profit that topped analysts’ estimates, helped by higher sales at its off-price Rack chain.
Financial Markets
Alibaba Sales Beat Estimates on Cloud as Revenue Rises 59 Percent
Alibaba's quarterly revenue beat analysts’ estimates as cloud computing services surged and its core e-commerce business held up despite a slowing Chinese economy.
Alibaba Sales Beat Estimates on Cloud as Revenue Rises 59 Percent
Alibaba's quarterly revenue beat analysts’ estimates as cloud computing services surged and its core e-commerce business held up despite a slowing Chinese economy.
Financial Markets
Zalando Confirms Earnings Boost From Efficiency and New Brands
Zalando boosted earnings as the online apparel retailer added new brands like Kate Spade and got more bang for its marketing buck.
Zalando Confirms Earnings Boost From Efficiency and New Brands
Zalando boosted earnings as the online apparel retailer added new brands like Kate Spade and got more bang for its marketing buck.
Financial Markets
From Bankruptcy to Billions: Fashion’s Greatest Second (and Third) Acts
From Chanel to Michael Kors, BoF examines companies that failed hard on the way to global success.
From Bankruptcy to Billions: Fashion’s Greatest Second (and Third) Acts
From Chanel to Michael Kors, BoF examines companies that failed hard on the way to global success.
Financial Markets
Ralph Lauren Profit Tops Estimates on Larsson’s Turnaround Plan
Ralph Lauren reported first-quarter profit that exceeded analysts’ estimates as new chief executive officer Stefan Larsson’s turnaround plan takes hold.
Ralph Lauren Profit Tops Estimates on Larsson’s Turnaround Plan
Ralph Lauren reported first-quarter profit that exceeded analysts’ estimates as new chief executive officer Stefan Larsson’s turnaround plan takes hold.
Financial Markets
China's JD.com Revenue Meets Expectations as Slowdown Continues
JD.com reported revenue for the second quarter of 2016 that was within company forecasts, even as the growth rate continued a steady decline.
China's JD.com Revenue Meets Expectations as Slowdown Continues
JD.com reported revenue for the second quarter of 2016 that was within company forecasts, even as the growth rate continued a steady decline.
The News in Brief
Matthieu Blazy, Sarah Burton, Haider Ackermann Among Nominees for BFC Designer of the Year
The Fashion Awards ceremony, set for Nov. 30, will also recognise the BFC’s second Vanguard award recipient, recognising emerging British design talent.
Supergoop Announces Chief Commercial Officer
The sunscreen label has appointed former Coty executive Jamie Parker to the newly created role as it gears up to become a “global skin health company.”
Mytheresa Owner’s Sales Rise as Ultra Wealthy Keep Shopping
LuxExperience posted a rise in sales as the luxury multibrand platform’s strategy of catering to the ultra wealthy helped it navigate a difficult environment for high-end fashion.
The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.