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.
Elizabeth Arden Reports 2Q Loss
Elizabeth Arden Inc. on Thursday reported a fiscal second-quarter loss of $56.1 million, after reporting a profit in the same period a year earlier.
Elizabeth Arden Reports 2Q Loss
Elizabeth Arden Inc. on Thursday reported a fiscal second-quarter loss of $56.1 million, after reporting a profit in the same period a year earlier.
L Brands Raises 4Q Profit Outlook on Strong Holiday Sales
L Brands Inc., the parent of Victoria's Secret, raised its fourth-quarter profit outlook that covers the holiday shopping season, boosted by strong January sales.
L Brands Raises 4Q Profit Outlook on Strong Holiday Sales
L Brands Inc., the parent of Victoria's Secret, raised its fourth-quarter profit outlook that covers the holiday shopping season, boosted by strong January sales.
The Swiss Tsunami
The Savigny Luxury Index started the year on a high as it gained almost five percent over the month.
The Swiss Tsunami
The Savigny Luxury Index started the year on a high as it gained almost five percent over the month.
Michael Kors Holdings Beats Wall Street Forecasts
Michael Kors Holdings Ltd. on Thursday reported fiscal third-quarter profit of $303.7 million.
Michael Kors Holdings Beats Wall Street Forecasts
Michael Kors Holdings Ltd. on Thursday reported fiscal third-quarter profit of $303.7 million.
Ralph Lauren Tumbles After Currency Woes Weigh on Its Forecast
Ralph Lauren Corp., the upscale apparel company known for Polo and other brands, fell as much as 11 percent in early trading after its third-quarter earnings missed analysts’ estimates and the company cut its forecast.
Ralph Lauren Tumbles After Currency Woes Weigh on Its Forecast
Ralph Lauren Corp., the upscale apparel company known for Polo and other brands, fell as much as 11 percent in early trading after its third-quarter earnings missed analysts’ estimates and the company cut its forecast.
Macy’s Boosts Earnings Forecast, Will Buy Spa Chain Bluemercury
Macy’s Inc. boosted its full-year earnings forecast, citing a “strengthening trend” starting in the fourth quarter, and announced a deal to purchase beauty and spa chain Bluemercury.
Macy’s Boosts Earnings Forecast, Will Buy Spa Chain Bluemercury
Macy’s Inc. boosted its full-year earnings forecast, citing a “strengthening trend” starting in the fourth quarter, and announced a deal to purchase beauty and spa chain Bluemercury.
LVMH Earnings Miss Estimates as Chinese Spend Less on Luxury
LVMH Moet Hennessy Louis Vuitton SA, the world’s largest luxury-goods maker, reported full-year earnings that missed analysts’ estimates as Chinese shoppers curbed spending on Vuitton handbags and Hennessy cognac.
LVMH Earnings Miss Estimates as Chinese Spend Less on Luxury
LVMH Moet Hennessy Louis Vuitton SA, the world’s largest luxury-goods maker, reported full-year earnings that missed analysts’ estimates as Chinese shoppers curbed spending on Vuitton handbags and Hennessy cognac.
Kate Spade Saturday and Jack Spade Stores to Close
Kate Spade & Co., the handbag maker working to become a global lifestyle brand, will close stores devoted to its lower-priced and men’s lines while starting a new joint venture to speed its growth in China.
Kate Spade Saturday and Jack Spade Stores to Close
Kate Spade & Co., the handbag maker working to become a global lifestyle brand, will close stores devoted to its lower-priced and men’s lines while starting a new joint venture to speed its growth in China.
Coach Tops Profit Estimates after Curbing Discounts
Coach Inc. posted second-quarter profit that exceeded analysts’ estimates as the handbag maker worked to increase sales of full-priced items and reduce discounts as part of its turnaround plan.
Coach Tops Profit Estimates after Curbing Discounts
Coach Inc. posted second-quarter profit that exceeded analysts’ estimates as the handbag maker worked to increase sales of full-priced items and reduce discounts as part of its turnaround plan.
Alibaba to Post Profit Gain After Investing in Apps
Alibaba Group Holding Ltd. is set to report earnings today as investors seek clues on the performance of its mobile business and response to government allegations it isn’t doing enough to combat online shopping fraud.
Alibaba to Post Profit Gain After Investing in Apps
Alibaba Group Holding Ltd. is set to report earnings today as investors seek clues on the performance of its mobile business and response to government allegations it isn’t doing enough to combat online shopping fraud.
To IPO, or Not to IPO
BoF weighs up the pros and cons of going public compared to other options for raising capital to fuel growth.
To IPO, or Not to IPO
BoF weighs up the pros and cons of going public compared to other options for raising capital to fuel growth.
H&M Tops Profit Estimates, Plans 400 New Stores
Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, reported fourth-quarter profit that topped analysts’ estimates as the company added stores in China and the U.S. and expanded its collection.
H&M Tops Profit Estimates, Plans 400 New Stores
Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, reported fourth-quarter profit that topped analysts’ estimates as the company added stores in China and the U.S. and expanded its collection.
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.