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.
Macy’s Net Jumped 23% While Sales Slump Lingered
Macy’s Inc., the largest U.S. department-store chain, posted a 23 percent gain in net income last quarter after the company cut expenses, helping it weather disappointing sales.
Macy’s Net Jumped 23% While Sales Slump Lingered
Macy’s Inc., the largest U.S. department-store chain, posted a 23 percent gain in net income last quarter after the company cut expenses, helping it weather disappointing sales.
Burberry H1 Profit Drops in Difficult Luxury Environment
LONDON, United Kingdom — Burberry Group Plc said it sees a tougher climate for luxury goods after currency fluctuations led the U.K. maker of $1,600
Burberry H1 Profit Drops in Difficult Luxury Environment
LONDON, United Kingdom — Burberry Group Plc said it sees a tougher climate for luxury goods after currency fluctuations led the U.K. maker of $1,600
Abercrombie Plunges After 3Q Earnings Miss Estimates
NEW YORK, United States – Abercrombie & Fitch Co., the clothing chain struggling to win back once-loyal teen shoppers, fell as much as 14 percent
Abercrombie Plunges After 3Q Earnings Miss Estimates
NEW YORK, United States – Abercrombie & Fitch Co., the clothing chain struggling to win back once-loyal teen shoppers, fell as much as 14 percent
Gap Shares Surge After 3Q Earnings Exceed Estimates
Gap Inc. shares rose as much as 6.1 percent in late trading after preliminary third-quarter earnings topped analysts’ estimates, helped by cost cuts and a tax gain.
Gap Shares Surge After 3Q Earnings Exceed Estimates
Gap Inc. shares rose as much as 6.1 percent in late trading after preliminary third-quarter earnings topped analysts’ estimates, helped by cost cuts and a tax gain.
Puma Raises 2014 Sales Outlook as Footwear Revenue Rebounds
Puma SE boosted its outlook for 2014 sales as the footwear maker’s investment in a new ad campaign and sponsorships started to take hold.
Puma Raises 2014 Sales Outlook as Footwear Revenue Rebounds
Puma SE boosted its outlook for 2014 sales as the footwear maker’s investment in a new ad campaign and sponsorships started to take hold.
Richemont Profit Hit By Asian Slowdown
ZURICH, Switzerland — Cie. Financiere Richemont SA, the world's largest jewelry maker, reported first-half operating profit that missed analysts'
Richemont Profit Hit By Asian Slowdown
ZURICH, Switzerland — Cie. Financiere Richemont SA, the world's largest jewelry maker, reported first-half operating profit that missed analysts'
Kate Spade Reports 3Q Loss
Kate Spade & Co. on Thursday reported a loss of $9.1 million in its third quarter.
Kate Spade Reports 3Q Loss
Kate Spade & Co. on Thursday reported a loss of $9.1 million in its third quarter.
Adidas Beats Analysts' Forecasts, Boosted by Running Sales
Adidas AG reported third-quarter profit that beat analysts’ reduced estimates as the company made strides in soccer and running sales, helping offset declining revenue at its golf business.
Adidas Beats Analysts' Forecasts, Boosted by Running Sales
Adidas AG reported third-quarter profit that beat analysts’ reduced estimates as the company made strides in soccer and running sales, helping offset declining revenue at its golf business.
Hermès Tops Estimates on Strong Demand for Leather Goods
Hermès reported third-quarter sales that beat analysts’ estimates on strong demand for leather goods in Asia and the Americas.
Hermès Tops Estimates on Strong Demand for Leather Goods
Hermès reported third-quarter sales that beat analysts’ estimates on strong demand for leather goods in Asia and the Americas.
Marks & Spencer Clothing Sales Worsen to Keep Heat on Bolland
Marks & Spencer Group Plc reported a worsening drop in non-food sales, adding to the pressure on Chief Executive Officer Marc Bolland in his fifth year at the helm.
Marks & Spencer Clothing Sales Worsen to Keep Heat on Bolland
Marks & Spencer Group Plc reported a worsening drop in non-food sales, adding to the pressure on Chief Executive Officer Marc Bolland in his fifth year at the helm.
Michael Kors Beats Forecasts
TSIM SHA TSUI KOWLOON, Hong Kong — Michael Kors Holdings Ltd. (KORS) on Tuesday reported earnings of $207 million in its fiscal second quarter.
Michael Kors Beats Forecasts
TSIM SHA TSUI KOWLOON, Hong Kong — Michael Kors Holdings Ltd. (KORS) on Tuesday reported earnings of $207 million in its fiscal second quarter.
L’Oreal Sales Miss Estimates on Weak Consumer Spending in Europe
L’Oreal SA, the world’s largest cosmetics maker, reported third-quarter sales that trailed estimates as demand for Maybelline New York makeup and other consumer products slowed in western Europe.
L’Oreal Sales Miss Estimates on Weak Consumer Spending in Europe
L’Oreal SA, the world’s largest cosmetics maker, reported third-quarter sales that trailed estimates as demand for Maybelline New York makeup and other consumer products slowed in western Europe.
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.