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Financial Markets

A financial lens on the fast-changing fashion sector, including markets, investors and deals.

Hugo Boss Forecasts Profit Gain On Outlet Takeovers

Hugo Boss AG, the German purveyor of angular suits and Berlin brand handbags, predicted profit growth this year as the company takes control of more stores to offset slower growth at home.

Hugo Boss Forecasts Profit Gain On Outlet Takeovers

Hugo Boss AG, the German purveyor of angular suits and Berlin brand handbags, predicted profit growth this year as the company takes control of more stores to offset slower growth at home.


Urban Outfitters Tops 4Q Profit Forecasts

Urban Outfitters Inc. on Monday reported fiscal fourth-quarter net income of $80.3 million.

Urban Outfitters Tops 4Q Profit Forecasts

Urban Outfitters Inc. on Monday reported fiscal fourth-quarter net income of $80.3 million.


Gap Reports February Sales Decline

Retailer Gap said Thursday that its sales slumped in February, sending its shares lower in after-hours trading.

Gap Reports February Sales Decline

Retailer Gap said Thursday that its sales slumped in February, sending its shares lower in after-hours trading.


Quiksilver Delays Earnings Due to 'Possible Error'

Quiksilver postponed its first-quarter earnings report due to a possible error, sending shares of the surfing retailer down 8 percent Wednesday.

Quiksilver Delays Earnings Due to 'Possible Error'

Quiksilver postponed its first-quarter earnings report due to a possible error, sending shares of the surfing retailer down 8 percent Wednesday.


Moncler Confident for Growth After 2014 Profit Exceeds Estimates

Moncler SpA, an Italian maker of $1,240 quilted jackets, said it’s confident it can keep growing after reporting 2014 profit that beat analysts’ estimates as sales accelerated in the final months of the year.

Moncler Confident for Growth After 2014 Profit Exceeds Estimates

Moncler SpA, an Italian maker of $1,240 quilted jackets, said it’s confident it can keep growing after reporting 2014 profit that beat analysts’ estimates as sales accelerated in the final months of the year.


Steady On Up

The Savigny Luxury Index (“SLI”) continued to rise and gained almost seven percent over the month.

Steady On Up

The Savigny Luxury Index (“SLI”) continued to rise and gained almost seven percent over the month.


Luxottica Reports Record Profit as Sales Surge in North America

Luxottica Group SpA, the world’s largest eyewear maker, reported record full-year profit as sales of Ray- Bans and other frames surged in North America.

Luxottica Reports Record Profit as Sales Surge in North America

Luxottica Group SpA, the world’s largest eyewear maker, reported record full-year profit as sales of Ray- Bans and other frames surged in North America.


J.C. Penney Posts Quarterly Loss After Holiday Discounting

J.C. Penney Co., the department-store chain in the midst of a turnaround, swung to a loss in the fourth quarter, amid increased discounting during the holiday season. The shares fell.

J.C. Penney Posts Quarterly Loss After Holiday Discounting

J.C. Penney Co., the department-store chain in the midst of a turnaround, swung to a loss in the fourth quarter, amid increased discounting during the holiday season. The shares fell.


Gap 4Q Profit Exceeds Estimates as Old Navy Boosts Sales

Gap Inc., the biggest U.S. apparel-focused retailer, posted fourth-quarter profit that was higher than analysts estimated as the company’s discount brand Old Navy boosted sales.

Gap 4Q Profit Exceeds Estimates as Old Navy Boosts Sales

Gap Inc., the biggest U.S. apparel-focused retailer, posted fourth-quarter profit that was higher than analysts estimated as the company’s discount brand Old Navy boosted sales.


L Brands' Annual Earnings Miss Estimates

L Brands Inc., owner of the Victoria’s Secret and Bath & Body Works chains, posted a full-year profit forecast that fell short of analysts’ projections, a sign the company’s growth may be flagging.

L Brands' Annual Earnings Miss Estimates

L Brands Inc., owner of the Victoria’s Secret and Bath & Body Works chains, posted a full-year profit forecast that fell short of analysts’ projections, a sign the company’s growth may be flagging.


Can Endless Become the Next Billion-Dollar Jewellery Brand?

Jesper Nielsen's new venture, Endless, is one of the fastest growing jewellery brands in history. Can he turn the budding $30 million business into the next billion-dollar brand?

Can Endless Become the Next Billion-Dollar Jewellery Brand?

Jesper Nielsen's new venture, Endless, is one of the fastest growing jewellery brands in history. Can he turn the budding $30 million business into the next billion-dollar brand?


Macy’s Forecast Trails Estimates After Sluggish Holiday Season

Macy’s Inc., the largest department-store chain, forecast annual earnings that fell short of analysts’ estimates after posting disappointing sales growth during the holiday season.

Macy’s Forecast Trails Estimates After Sluggish Holiday Season

Macy’s Inc., the largest department-store chain, forecast annual earnings that fell short of analysts’ estimates after posting disappointing sales growth during the holiday season.