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.
trade
China
Alibaba’s Tsai Says Yahoo Stake Rightly Discounted on US Tax
Yahoo's stake in Alibaba Group rightly trades at a discount, according to the Chinese e-commerce giant’s vice chairman, Joseph Tsai, because selling it would trigger a big US tax bill.
Alibaba’s Tsai Says Yahoo Stake Rightly Discounted on US Tax
Yahoo's stake in Alibaba Group rightly trades at a discount, according to the Chinese e-commerce giant’s vice chairman, Joseph Tsai, because selling it would trigger a big US tax bill.
Fashion Week
Brexit, Not the Clothes, Are the Talk of Paris Fashion Week
The British vote to leave the European Union and not the clothes were the talk of the front row crowd at menswear shows in Paris on Friday.
Brexit, Not the Clothes, Are the Talk of Paris Fashion Week
The British vote to leave the European Union and not the clothes were the talk of the front row crowd at menswear shows in Paris on Friday.
News & Analysis
Messy Brexit Could Lead to Big Hit for UK Economy, Warns IMF
A vote to exit the European Union in next week's referendum could leave Britain's economy more than 5 percent smaller by 2019, the International Monetary Fund said.
Messy Brexit Could Lead to Big Hit for UK Economy, Warns IMF
A vote to exit the European Union in next week's referendum could leave Britain's economy more than 5 percent smaller by 2019, the International Monetary Fund said.
Global Markets
A ‘Brexit’ Would Be Bad for Fashion
Britain’s exit from the European Union would do real damage to the global fashion industry.
A ‘Brexit’ Would Be Bad for Fashion
Britain’s exit from the European Union would do real damage to the global fashion industry.
News & Analysis
Italy's Fashion Industry Signs Deal to Build Ties with Iran
Italy has become the first European country to take steps to help its fashion industry build a stronger presence in Iran following the lifting of Western sanctions.
Italy's Fashion Industry Signs Deal to Build Ties with Iran
Italy has become the first European country to take steps to help its fashion industry build a stronger presence in Iran following the lifting of Western sanctions.
The News in Brief
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.
Hermès Shares Dive as Sales and Chinese Weakness Disappoint
Hermès second quarter sales rose 7 percent, lifted by a recovery in tourism in Europe and strong demand in the US.
Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.