Reformation Valued at $886 Million in NYSE Debut
The Permira-backed womenswear retailer and some of its shareholders had raised $211 million in its IPO on Wednesday, with shares opening at $15 apiece.
earnings
Luxury
Luxury Superweek: Q1 Sales and Kering’s Strategy Reveal
This week, LVMH, Kering and Hermès report Q1 results, Kering hosts a capital markets day in Florence, and Pucci shows in Sicily.
Luxury Superweek: Q1 Sales and Kering’s Strategy Reveal
This week, LVMH, Kering and Hermès report Q1 results, Kering hosts a capital markets day in Florence, and Pucci shows in Sicily.
Luxury
Hermès Sticks With Plan to Raise Output Even as War Sours Mood
The luxury firm opened a 25th leather-goods plant in France on Friday.
Hermès Sticks With Plan to Raise Output Even as War Sours Mood
The luxury firm opened a 25th leather-goods plant in France on Friday.
Retail
Second-Hand Fashion Platform Vinted Reports 38% Jump in Revenue
Vinted’s revenue climbed to €1.1 billion, but net profit dipped due to strategic investments.
Second-Hand Fashion Platform Vinted Reports 38% Jump in Revenue
Vinted’s revenue climbed to €1.1 billion, but net profit dipped due to strategic investments.
Retail
Uniqlo-Owner Fast Retailing Flags Record Year After Strong Quarter
Fast Retailing raised its full-year profit forecast after reporting a stronger-than-expected jump in quarterly profit driven by international growth.
Uniqlo-Owner Fast Retailing Flags Record Year After Strong Quarter
Fast Retailing raised its full-year profit forecast after reporting a stronger-than-expected jump in quarterly profit driven by international growth.
Global Markets
Indian Jeweller Titan Reports Surging Domestic Sales
The jewellery maker, known for its Tanishq and CaratLane brands, posted a 42 percent rise in quarterly domestic sales as consumers in the world’s most populous country splurged on gold.
Indian Jeweller Titan Reports Surging Domestic Sales
The jewellery maker, known for its Tanishq and CaratLane brands, posted a 42 percent rise in quarterly domestic sales as consumers in the world’s most populous country splurged on gold.
Retail
Levi’s Boosts Full-Year Outlook on Strong Sales; CFO to Retire
Company veteran Harmit Singh’s departure marks a major change for Levi.
Levi’s Boosts Full-Year Outlook on Strong Sales; CFO to Retire
Company veteran Harmit Singh’s departure marks a major change for Levi.
Beauty
India’s Nykaa Sees Fastest Quarterly Revenue Growth in Three Years
Indian fashion-to-beauty retailer Nykaa said on Monday it expects net revenue to grow in the late-20 percent range in the fourth quarter of fiscal 2026, its fastest in three years.
India’s Nykaa Sees Fastest Quarterly Revenue Growth in Three Years
Indian fashion-to-beauty retailer Nykaa said on Monday it expects net revenue to grow in the late-20 percent range in the fourth quarter of fiscal 2026, its fastest in three years.
Sustainability
The Game of ‘Selling’ Sustainability
From H&M’s bid to draw shoppers in with its sustainable positioning, Shein’s new circularity study and a campaign showing athleisure can be made using clean energy, fashion is trying to figure out sustainability’s saleability.
The Game of ‘Selling’ Sustainability
From H&M’s bid to draw shoppers in with its sustainable positioning, Shein’s new circularity study and a campaign showing athleisure can be made using clean energy, fashion is trying to figure out sustainability’s saleability.
Retail
Groupe Dynamite Inc. Sees Shares Jump on Strong Outlook
Revenue for the Canadian parent company of Garage jumped by 45 percent from a year ago to $284 million in the period ended Jan. 31, beating analysts’ expectations.
Groupe Dynamite Inc. Sees Shares Jump on Strong Outlook
Revenue for the Canadian parent company of Garage jumped by 45 percent from a year ago to $284 million in the period ended Jan. 31, beating analysts’ expectations.
Luxury
LVMH Shares Fell Most Ever in First Quarter on Luxury Slump
Shares of the luxury bellwether fell 28 percent in the first quarter as the war in the Middle East clouds the global economic outlook and intensifies demand headwinds for luxury goods.
LVMH Shares Fell Most Ever in First Quarter on Luxury Slump
Shares of the luxury bellwether fell 28 percent in the first quarter as the war in the Middle East clouds the global economic outlook and intensifies demand headwinds for luxury goods.
Retail
Calvin Klein Sees Sales Boost From ‘Love Story’
Carolyn Bessette’s style on the popular show, which included Calvin Klein looks, drove an increase in online searches and ultimately sales for the brand.
Calvin Klein Sees Sales Boost From ‘Love Story’
Carolyn Bessette’s style on the popular show, which included Calvin Klein looks, drove an increase in online searches and ultimately sales for the brand.
Sports
Nike Slump Deepens After Pessimistic Fourth-Quarter Outlook
Revenue in the fiscal quarter that began in March is expected to decline 2 to 4 percent.
Nike Slump Deepens After Pessimistic Fourth-Quarter Outlook
Revenue in the fiscal quarter that began in March is expected to decline 2 to 4 percent.
The News in Brief
Puig Reports First-Half Revenue Growth After Estee Lauder Talks End
The Spanish beauty company reported first-half revenue growth on strong demand for makeup from Charlotte Tilbury.
Canada Goose Beats Revenue Estimates as Demand Holds Up
The outerwear brand beat expectations for first-quarter revenue, but new US tariffs on Canadian could affect future earnings.
Steven Madden Tops Expectations and Lifts Full-Year Outlook
The retailer raised its full-year revenue forecast again as its integration of luxury brand Kurt Geiger last year provided a tailwind.
Reformation and Its Backers Raise $210.9 Million in IPO
The womenswear brand and shareholders including private-equity backer Permira raised new funds in an IPO that priced shares at the bottom of the marketed range.
Adidas Shares Plunge After World Cup Spend Dents Profit
Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.
British Fashion Council to Boost UK Fashion Beyond London
The new national initiative, Fashion Britain, aims to increase growth, innovation and participation in the industry across key cities.
Hermès’ Chief Watches China’s Pork Prices to Gauge Luxury Demand
When it comes to gauging the possibility of a sales rebound for his luxury group in China, Hermès executive chairman Axel Dumas turns to an unusual metric.