Marquee Brands to Acquire Roots in Go-Private Deal
The brand management company will add the Canadian lifestyle label to a growing portfolio that includes Roberto Cavalli and BCBG.
Financial Markets
A financial lens on the fast-changing fashion sector, including markets, investors and deals.
Prada Full-Year Sales Drop as Tourist Spending Falls
Prada SpA reported full-year sales that trailed estimates as fewer Chinese shoppers splurged on $2,950 leather handbags and other luxury products.
Prada Full-Year Sales Drop as Tourist Spending Falls
Prada SpA reported full-year sales that trailed estimates as fewer Chinese shoppers splurged on $2,950 leather handbags and other luxury products.
Nordstrom Profit Trails Estimates as Discounts Hurt Margins
Nordstrom Inc., the largest U.S. luxury department-store chain, posted fourth-quarter profit that trailed analysts’ estimates as the company cut prices to clear inventory.
Nordstrom Profit Trails Estimates as Discounts Hurt Margins
Nordstrom Inc., the largest U.S. luxury department-store chain, posted fourth-quarter profit that trailed analysts’ estimates as the company cut prices to clear inventory.
Navigating a Storm of Currency Volatility
How can fashion companies navigate the crashing waves of currency fluctuations?
Navigating a Storm of Currency Volatility
How can fashion companies navigate the crashing waves of currency fluctuations?
Puma Boosts Yearly Outlook as Second-Half Sales Rise
Puma SE, the German maker of athletic gear that sponsors sprinter Usain Bolt, forecast a belated sales increase this year as the company continues a gradual turnaround.
Puma Boosts Yearly Outlook as Second-Half Sales Rise
Puma SE, the German maker of athletic gear that sponsors sprinter Usain Bolt, forecast a belated sales increase this year as the company continues a gradual turnaround.
L'Oréal Profit Matches Estimates as Consumer Unit Sales Rebound
L’Oreal SA reported 2014 earnings that matched analysts’ estimates as buying back its own shares from Nestle SA and a stronger dollar helped compensate for the weakest like-for-like revenue growth in five years.
L'Oréal Profit Matches Estimates as Consumer Unit Sales Rebound
L’Oreal SA reported 2014 earnings that matched analysts’ estimates as buying back its own shares from Nestle SA and a stronger dollar helped compensate for the weakest like-for-like revenue growth in five years.
Zalando Jumps as Online Retailer Reports First Full-Year Profit
Zalando SE surged in Frankfurt trading after Europe’s largest online fashion retailer reported its first annual profit helped by lower sales and marketing costs.
Zalando Jumps as Online Retailer Reports First Full-Year Profit
Zalando SE surged in Frankfurt trading after Europe’s largest online fashion retailer reported its first annual profit helped by lower sales and marketing costs.
Hermès Says Growth May Slow in 2015
Hermès International SCA said profitability likely narrowed in 2014 amid currency fluctuations and that revenue growth may slow in the year ahead.
Hermès Says Growth May Slow in 2015
Hermès International SCA said profitability likely narrowed in 2014 amid currency fluctuations and that revenue growth may slow in the year ahead.
Skechers Misses 4Q Profit Forecasts
Skechers USA Inc on Wednesday reported fourth-quarter profit of $21.9 million.
Skechers Misses 4Q Profit Forecasts
Skechers USA Inc on Wednesday reported fourth-quarter profit of $21.9 million.
Aeropostale Raises Outlook as Shares Jump
Shares of teen retailer Aeropostale jumped in aftermarket trading Monday after the company reported stronger-than-expected sales in the fourth quarter.
Aeropostale Raises Outlook as Shares Jump
Shares of teen retailer Aeropostale jumped in aftermarket trading Monday after the company reported stronger-than-expected sales in the fourth quarter.
Urban Outfitters Climbs on Strong 4Q Sales
Shares of Urban Outfitters rose in after-market trading after the retailer company posted strong fourth-quarter sales.
Urban Outfitters Climbs on Strong 4Q Sales
Shares of Urban Outfitters rose in after-market trading after the retailer company posted strong fourth-quarter sales.
Gap Profit Tops Estimates as Old Navy Holiday Sales Increase
Gap Inc., the biggest U.S. apparel-focused retailer, posted preliminary fourth-quarter earnings that topped analysts’ estimates as sales gains at its discount Old Navy stores made up for weakness at its namesake brand.
Gap Profit Tops Estimates as Old Navy Holiday Sales Increase
Gap Inc., the biggest U.S. apparel-focused retailer, posted preliminary fourth-quarter earnings that topped analysts’ estimates as sales gains at its discount Old Navy stores made up for weakness at its namesake brand.
Permira Cuts Hugo Boss Investment Again With $1.5 Billion Stake
Permira Holdings Ltd. is cutting its stake in Hugo Boss AG below 14 percent, boosting the clothier’s free float in a move that may make it more attractive to institutional investors.
Permira Cuts Hugo Boss Investment Again With $1.5 Billion Stake
Permira Holdings Ltd. is cutting its stake in Hugo Boss AG below 14 percent, boosting the clothier’s free float in a move that may make it more attractive to institutional investors.
THE NEWS IN BRIEF
Investors Brace for More Volatility With Trump Set to Address Congress
The president’s remarks come at a pivotal point for markets.
Trump FTC Chair Pledges to Keep Aggressive Merger Enforcement
The organisation’s chairman Andrew Ferguson vowed to aggressively block illegal mergers, reaffirming the agency’s commitment to challenging deals that violate antitrust laws, continuing the stance taken during the Biden administration.
True Religion Acquired by Private Equity Firm Acon Investments
The deal, which included participation from American Eagle’s chief executive, will help the denim maker expand globally.
Sneaker Maker Golden Goose Is Said to Kick Off Milan IPO Soon
Luxury sneaker brand Golden Goose SpA plans to kick off an initial public offering in Milan as soon as this week, according to people familiar with the matter, extending a strong rebound in European listings this year.
Europe Luxury Stocks Slide After Richemont Chairman Says Inflation Is Denting Demand
Luxury goods stocks slumped in Europe, wiping out more than $25 billion in market value after Richemont chairman Johann Rupert said inflation is starting to dent demand across the region.
US Inflation Cooling as Consumer Prices Rise Moderately Again
US consumer prices increased moderately in July as higher rents were mostly offset by declining costs of goods such as motor vehicles and furniture, a trend that could persuade the Federal Reserve to leave interest rates unchanged next month.
Kim Kardashian Hires Wall Street Talent to Bulk Up Buyout Firm
Kim Kardashian’s private equity firm hired a half-dozen financial-industry professionals, including a new chief operating officer who previously worked at alternative investment giant Apollo Global Management Inc.