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.
finance
Financial Markets
Inditex Profit Rises at Fastest Pace in Three Years on Expansion
Inditex SA reported its fastest annual profit growth in three years as it added stores and expanded online sales.
Inditex Profit Rises at Fastest Pace in Three Years on Expansion
Inditex SA reported its fastest annual profit growth in three years as it added stores and expanded online sales.
Financial Markets
Burberry Surges Amid Reports of Potential Takeover Bid
Burberry Group Plc rose as much as 5 percent on speculation that the UK’s biggest luxury-goods producer is setting up defenses against a potential takeover offer.
Burberry Surges Amid Reports of Potential Takeover Bid
Burberry Group Plc rose as much as 5 percent on speculation that the UK’s biggest luxury-goods producer is setting up defenses against a potential takeover offer.
Financial Markets
Urban Outfitters Beats 4Q Profit Forecasts
Urban Outfitters Inc. on Monday reported fiscal fourth-quarter earnings of $72.9 million. The results exceeded Wall Street expectations.
Urban Outfitters Beats 4Q Profit Forecasts
Urban Outfitters Inc. on Monday reported fiscal fourth-quarter earnings of $72.9 million. The results exceeded Wall Street expectations.
Financial Markets
Moncler Rises After Skiwear Maker’s 2015 Earnings Beat Estimates
Moncler SpA shares approached a three-month high after the Italian skiwear maker reported 2015 sales and earnings that beat analysts’ and said it’s confident of further growth this year.
Moncler Rises After Skiwear Maker’s 2015 Earnings Beat Estimates
Moncler SpA shares approached a three-month high after the Italian skiwear maker reported 2015 sales and earnings that beat analysts’ and said it’s confident of further growth this year.
Financial Markets
Gap Reports 2 Percent Drop in Revenue Measure for February
Gap Inc. is reporting a 2 percent drop in a key revenue measure for February, dragged down by weakness at its Banana Republic stores.
Gap Reports 2 Percent Drop in Revenue Measure for February
Gap Inc. is reporting a 2 percent drop in a key revenue measure for February, dragged down by weakness at its Banana Republic stores.
Financial Markets
Adidas Sees 10 to 12 Percent Earnings Growth as Consumers Spend More
Adidas AG, the German sport-shoe maker, forecast an increase in earnings this year as consumers spend more, making it easier to sell higher-priced goods and offset rising costs.
Adidas Sees 10 to 12 Percent Earnings Growth as Consumers Spend More
Adidas AG, the German sport-shoe maker, forecast an increase in earnings this year as consumers spend more, making it easier to sell higher-priced goods and offset rising costs.
Financial Markets
Abercrombie & Fitch Posts Unexpected Rise in Comparable Sales
Abercrombie & Fitch Co reported a surprise increase in quarterly sales at established stores due to demand for its Hollister branded clothing and strong online sales in the holiday shopping season.
Abercrombie & Fitch Posts Unexpected Rise in Comparable Sales
Abercrombie & Fitch Co reported a surprise increase in quarterly sales at established stores due to demand for its Hollister branded clothing and strong online sales in the holiday shopping season.
Financial Markets
Luxottica Falls in Milan After Lowering Earnings Growth Outlook
Luxottica Group SpA fell in Milan after it curbed its earnings growth outlook as it invests more than $1.6 billion to revitalize and expand its business.
Luxottica Falls in Milan After Lowering Earnings Growth Outlook
Luxottica Group SpA fell in Milan after it curbed its earnings growth outlook as it invests more than $1.6 billion to revitalize and expand its business.
Financial Markets
Luxottica Earmarks More Than $1.6 Billion to Speed Up Expansion
Luxottica Group SpA will seek to accelerate growth by investing more than $1.63 billion over the next three years after sales and earnings reached record levels in 2015.
Luxottica Earmarks More Than $1.6 Billion to Speed Up Expansion
Luxottica Group SpA will seek to accelerate growth by investing more than $1.63 billion over the next three years after sales and earnings reached record levels in 2015.
Financial Markets
Kate Spade's Same-Store Sales Top Expectations
Kate Spade & Co reported better-than-expected quarterly sales at established stores, driven by demand for its Kate Spade New York line of products.
Kate Spade's Same-Store Sales Top Expectations
Kate Spade & Co reported better-than-expected quarterly sales at established stores, driven by demand for its Kate Spade New York line of products.
Financial Markets
JD.Com's Revenue Growth Beats Expectations
JD.com has reported better than expected revenue growth in the last three months of 2015 as volume sales on its platforms jumped despite China's economic slowdown.
JD.Com's Revenue Growth Beats Expectations
JD.com has reported better than expected revenue growth in the last three months of 2015 as volume sales on its platforms jumped despite China's economic slowdown.
Financial Markets
Zalando Forecasts 2016 Revenue Growth Near Top End of Range
Zalando SE forecast sales growth near the high end of its projected range this year as it gains more customers.
Zalando Forecasts 2016 Revenue Growth Near Top End of Range
Zalando SE forecast sales growth near the high end of its projected range this year as it gains more customers.
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.