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.
Global Fashion Group Lowers IPO Offer Price
Following its postponed listing date, the Asia and Latin America-focused fashion e-tailer reduced its share price to €4.50.
The RealReal Wants to Sell Wall Street on Second Hand Clothing for the 1%
The online marketplace for authenticated luxury products is revising its physical store strategy in the $10 billion US used apparel market.
Adidas Shares Soar Despite Fears of Trade War
Amid rising global trade tensions, Adidas shares rise by 49 percent, toppling sportswear competitors worldwide.
The Path to a Better Prada
The Italian luxury brand is a step behind its peers, but a management overhaul could be transformative, argues Luca Solca.
All Eyes On G20 As Trump and Xi Give Trade Talks Another Try
This week everyone will be talking about the trade talks at the G20 Summit, H&M's latest earnings and In Goop Health's first summit in London. Read our BoF Professional Cheat Sheet.
Bernard Arnault Is Now Worth More Than $100 Billion
LVMH's chairman just joined Jeff Bezos and Bill Gates in the world’s most exclusive wealth club.
Alibaba Proposes 1:8 Stock Split Ahead of Hong Kong Listing
The e-commerce giant's IPO in Hong Kong later this year is expected to raise up to $20 billion.
Report: Alibaba Files for a Hong Kong Mega-Listing
The online emporium filed a stock listing application this week, without the need for financial disclosures, according to people familiar with the matter.
Adidas Shares Slide Amid Talk of Top Investor's Plans to Sell Part of Stake
The Belgian investment firm's plans to sell a part of its Adidas stake has seen the sportswear manufacturer's shares slump.
Britain's Boohoo Bucks Subdued Retail Market With Stellar Sales
The online fashion retailer is seeing rapid expansion, with shares up 42 percent and revenue growth of 39 percent to £254.3m in its first fiscal first quarter.
Report: Alibaba Choosing CICC, Credit Suisse to Lead Hong Kong IPO
The online retailer is in discussions with other investment banks seeking a role on the offering, according to people familiar to the matter.
Revolve Raises $212 Million in IPO
Three other e-commerce companies have gone public in the US this year, raising a combined $471 million.
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.