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.
Yahoo to Spin Off Alibaba Stake
Yahoo! Inc. announced a tax-free spinoff of its stake in Alibaba Group Holding Ltd., seeking to maximize the return of cash to shareholders and triggering a 10 percent jump in the Web portal’s shares.
Yahoo to Spin Off Alibaba Stake
Yahoo! Inc. announced a tax-free spinoff of its stake in Alibaba Group Holding Ltd., seeking to maximize the return of cash to shareholders and triggering a 10 percent jump in the Web portal’s shares.
Zegna Tears Up 2015 Budget as SNB Shock Clouds Outlook
Ermenegildo Zegna, head of the Italian luxury suitmaker that bears his name, is tearing up his 2015 budget after the Swiss National Bank unexpectedly removed the cap on the franc last week.
Zegna Tears Up 2015 Budget as SNB Shock Clouds Outlook
Ermenegildo Zegna, head of the Italian luxury suitmaker that bears his name, is tearing up his 2015 budget after the Swiss National Bank unexpectedly removed the cap on the franc last week.
Tiffany's Slumping Shares May Rekindle Takeover Talk
Tiffany & Co.’s plunging shares are bringing a takeover of the $11 billion luxury jewellery chain back into the realm of possibilities.
Tiffany's Slumping Shares May Rekindle Takeover Talk
Tiffany & Co.’s plunging shares are bringing a takeover of the $11 billion luxury jewellery chain back into the realm of possibilities.
Alibaba Falls Below $100 in Post-Holiday Slump
Alibaba Group Holding Ltd., China’s biggest e-commerce company, fell for a fourth day in New York, extending a retreat from its November high as the peak shopping season ended and investors await quarterly results expected next month.
Alibaba Falls Below $100 in Post-Holiday Slump
Alibaba Group Holding Ltd., China’s biggest e-commerce company, fell for a fourth day in New York, extending a retreat from its November high as the peak shopping season ended and investors await quarterly results expected next month.
Inside DSquared2 at Twenty Years
In our latest ‘Inside Fashion’ interview, BoF’s Imran Amed sits down with Dean and Dan Caten, the Canadian twins behind cult Italian label DSquared2, to chart their trajectory from the suburbs of Toronto to the helm of a business which turns over €210 million and, this year, celebrates its 20th anniversary.
Inside DSquared2 at Twenty Years
In our latest ‘Inside Fashion’ interview, BoF’s Imran Amed sits down with Dean and Dan Caten, the Canadian twins behind cult Italian label DSquared2, to chart their trajectory from the suburbs of Toronto to the helm of a business which turns over €210 million and, this year, celebrates its 20th anniversary.
How Tiffany Lost Its Shine: Four Challenges Facing the Blue Box
Tiffany & Co. couldn’t persuade enough customers to put a little blue box under the tree this holiday season. After a sluggish November and December — when sales fell 1 percent — the luxury jewelry chain cut its annual forecast today.
How Tiffany Lost Its Shine: Four Challenges Facing the Blue Box
Tiffany & Co. couldn’t persuade enough customers to put a little blue box under the tree this holiday season. After a sluggish November and December — when sales fell 1 percent — the luxury jewelry chain cut its annual forecast today.
Lululemon Boosts Forecasts After Strong Holiday Season
Lululemon Athletica Inc., the maker of yoga- inspired clothing, gained as much as 9.4 percent in early trading after strong holiday sales prompted the company to raise its fourth-quarter forecast.
Lululemon Boosts Forecasts After Strong Holiday Season
Lululemon Athletica Inc., the maker of yoga- inspired clothing, gained as much as 9.4 percent in early trading after strong holiday sales prompted the company to raise its fourth-quarter forecast.
Tiffany Lowers Annual Forecast After Holiday Sales Decline
Tiffany & Co., the world’s second-largest luxury jewellery retailer, reported a 1 percent decline in total holiday sales and lowered its annual forecast, amid continued weakness in Japan.
Tiffany Lowers Annual Forecast After Holiday Sales Decline
Tiffany & Co., the world’s second-largest luxury jewellery retailer, reported a 1 percent decline in total holiday sales and lowered its annual forecast, amid continued weakness in Japan.
Macy's to Cut Jobs, Close 14 Stores
Department store operator Macy's Inc said it would close 14 stores in early spring 2015 and cut some jobs to focus on its popular services such as in-store pickups for online orders and "ship-from-store."
Macy's to Cut Jobs, Close 14 Stores
Department store operator Macy's Inc said it would close 14 stores in early spring 2015 and cut some jobs to focus on its popular services such as in-store pickups for online orders and "ship-from-store."
US Retailers’ December Sales Beat Estimates Amid Job Growth
U.S. retailers including L Brands Inc., Pier 1 Imports Inc. and Gap Inc. posted December same-store sales that topped analysts’ estimates as improving employment and falling gas prices encouraged shoppers to spend on gifts.
US Retailers’ December Sales Beat Estimates Amid Job Growth
U.S. retailers including L Brands Inc., Pier 1 Imports Inc. and Gap Inc. posted December same-store sales that topped analysts’ estimates as improving employment and falling gas prices encouraged shoppers to spend on gifts.
American Eagle, Aeropostale Lift Estimates for Holiday Quarter
Teen apparel retailers American Eagle Outfitters Inc. and Aeropostale Inc. raised their estimates for the holiday shopping quarter as margins improved due to fewer discounts.
American Eagle, Aeropostale Lift Estimates for Holiday Quarter
Teen apparel retailers American Eagle Outfitters Inc. and Aeropostale Inc. raised their estimates for the holiday shopping quarter as margins improved due to fewer discounts.
Victoria's Secret Owner Says Same-Store Sales Rose 4 Percent
L Brands, the company behind Victoria's Secret and Bath & Body Works, said Thursday that its sales rose during the critical holiday shopping season.
Victoria's Secret Owner Says Same-Store Sales Rose 4 Percent
L Brands, the company behind Victoria's Secret and Bath & Body Works, said Thursday that its sales rose during the critical holiday shopping season.
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.