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.
In with the New
Both the Savigny Luxury Index and the MSCI World Index suffered from profit-taking in the first half of December.
In with the New
Both the Savigny Luxury Index and the MSCI World Index suffered from profit-taking in the first half of December.
Nike Beats 2Q Forecasts
Nike Inc. on Thursday reported fiscal second-quarter net income of $655 million. The results topped Wall Street expectations.
Nike Beats 2Q Forecasts
Nike Inc. on Thursday reported fiscal second-quarter net income of $655 million. The results topped Wall Street expectations.
H&M November Sales Up 10%, Tops Estimates
Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, increased November sales faster than analysts predicted, contributing to a 17 percent jump in fourth-quarter revenue.
H&M November Sales Up 10%, Tops Estimates
Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, increased November sales faster than analysts predicted, contributing to a 17 percent jump in fourth-quarter revenue.
Quiksilver Reports 4Q Loss
Quiksilver Inc. on Thursday reported a fiscal fourth-quarter loss of $51.6 million. The results missed Wall Street expectations.
Quiksilver Reports 4Q Loss
Quiksilver Inc. on Thursday reported a fiscal fourth-quarter loss of $51.6 million. The results missed Wall Street expectations.
Inditex Nine-Month Profit Rises as New Stores Beat Mild Weather
MADRID, Spain — Inditex SA, the world's largest clothing retailer, reported nine-month profit in line with estimates as the company continued to add
Inditex Nine-Month Profit Rises as New Stores Beat Mild Weather
MADRID, Spain — Inditex SA, the world's largest clothing retailer, reported nine-month profit in line with estimates as the company continued to add
Roksanda Appoints Carmela Acampora First CEO
Today, BoF can exclusively reveal that Carmela Acampora has been appointed the first chief executive officer of Roksanda, as part of the company’s business expansion strategy.
Roksanda Appoints Carmela Acampora First CEO
Today, BoF can exclusively reveal that Carmela Acampora has been appointed the first chief executive officer of Roksanda, as part of the company’s business expansion strategy.
Asos Misses Estimates as International Revenue Declines
Asos Plc, the U.K.’s largest online- only fashion retailer, reported lower first-quarter sales growth than analysts anticipated as trading conditions abroad “remained challenging.”
Asos Misses Estimates as International Revenue Declines
Asos Plc, the U.K.’s largest online- only fashion retailer, reported lower first-quarter sales growth than analysts anticipated as trading conditions abroad “remained challenging.”
Prada 3Q Profit Drops 44%, More Than Analysts Expected
MILAN, Italy — Prada SpA reported a 44 percent drop in third-quarter profit as weaker spending by wealthy Chinese consumers weighed on the
Prada 3Q Profit Drops 44%, More Than Analysts Expected
MILAN, Italy — Prada SpA reported a 44 percent drop in third-quarter profit as weaker spending by wealthy Chinese consumers weighed on the
Gap Inc. November Sales Jump 6%
Gap Inc. said late Thursday that a key revenue metric rose 6 percent in November, as surging sales at its low-priced Old Navy chain offset sluggish sales at its namesake business.
Gap Inc. November Sales Jump 6%
Gap Inc. said late Thursday that a key revenue metric rose 6 percent in November, as surging sales at its low-priced Old Navy chain offset sluggish sales at its namesake business.
L Brands November Sales Rise 8%
L Brands, whose brands include Victoria's Secret, Bath & Body Works and others, said that sales at stores open at least a year rose 8 percent in November. This easily topped analysts' estimates.
L Brands November Sales Rise 8%
L Brands, whose brands include Victoria's Secret, Bath & Body Works and others, said that sales at stores open at least a year rose 8 percent in November. This easily topped analysts' estimates.
Sears Loss Widens to $548M as Sales Slide Continues
Sears Holdings Corp., the department- store chain controlled by hedge fund manager Edward Lampert, posted its 10th straight quarterly loss as sales continued to decline.
Sears Loss Widens to $548M as Sales Slide Continues
Sears Holdings Corp., the department- store chain controlled by hedge fund manager Edward Lampert, posted its 10th straight quarterly loss as sales continued to decline.
Aeropostale Reports 3Q Loss
Aeropostale Inc. on Wednesday reported a loss of $52.3 million in its fiscal third quarter. On a per-share basis, the New York-based company said it had a loss of 66 cents.
Aeropostale Reports 3Q Loss
Aeropostale Inc. on Wednesday reported a loss of $52.3 million in its fiscal third quarter. On a per-share basis, the New York-based company said it had a loss of 66 cents.
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.