Investors Brace for More Volatility With Trump Set to Address Congress
The president’s remarks come at a pivotal point for markets.
Financial Markets
A financial lens on the fast-changing fashion sector, including markets, investors and deals.
The Real Dangers of Border Adjusted Tax for Fashion
The proposed reforms could cripple any American fashion brand reliant upon importing goods and services from abroad.
The Real Dangers of Border Adjusted Tax for Fashion
The proposed reforms could cripple any American fashion brand reliant upon importing goods and services from abroad.
Italian Fashion Industry Hopes to Avert Additional US Tax
Carlo Capasa said that Italian luxury imports to the United States are currently taxed at an average rate of 20 percent.
Italian Fashion Industry Hopes to Avert Additional US Tax
Carlo Capasa said that Italian luxury imports to the United States are currently taxed at an average rate of 20 percent.
Ferragamo Undeterred by US Import Tax Proposal
Ferragamo chief executive Eraldo Poletti said any tax on imports, as floated by President Donald Trump, could be balanced by other factors, including currency fluctuations.
Ferragamo Undeterred by US Import Tax Proposal
Ferragamo chief executive Eraldo Poletti said any tax on imports, as floated by President Donald Trump, could be balanced by other factors, including currency fluctuations.
Amazon to Start Collecting State Sales Tax in Oklahoma
The e-commerce giant has been slow in collecting sales taxes in small and sparsely populated states where it doesn't have any distribution centers or corporate offices.
Amazon to Start Collecting State Sales Tax in Oklahoma
The e-commerce giant has been slow in collecting sales taxes in small and sparsely populated states where it doesn't have any distribution centers or corporate offices.
Amazon Revenue Misses Estimates as Holiday Sales Fall Short
Amazon Web Services revenue was $3.5 billion in the fourth quarter, up 47 percent from a year earlier.
Amazon Revenue Misses Estimates as Holiday Sales Fall Short
Amazon Web Services revenue was $3.5 billion in the fourth quarter, up 47 percent from a year earlier.
Coach Beats Second Quarter Profit Forecasts
Coach Inc. on Tuesday reported fiscal second-quarter profit of $199.7 million.
Coach Beats Second Quarter Profit Forecasts
Coach Inc. on Tuesday reported fiscal second-quarter profit of $199.7 million.
H&M Bucks Retailers' Gloom as Profit Beats Estimates
Hennes & Mauritz AB provided some much-needed good news for Europe’s struggling clothing retail market.
H&M Bucks Retailers' Gloom as Profit Beats Estimates
Hennes & Mauritz AB provided some much-needed good news for Europe’s struggling clothing retail market.
Tough Trade Weakens Hand of UK Retailers as Refinancing Looms
Retail is emerging as a sickly sector within a UK economy that grew at 2 percent last year, though December retail sales fell at the fastest pace in almost five years.
Tough Trade Weakens Hand of UK Retailers as Refinancing Looms
Retail is emerging as a sickly sector within a UK economy that grew at 2 percent last year, though December retail sales fell at the fastest pace in almost five years.
Alibaba Raises Forecast as Chinese Consumers Continue to Spend
The company increased its projection for fiscal 2017 revenue growth to 53 percent, from 48 percent previously.
Alibaba Raises Forecast as Chinese Consumers Continue to Spend
The company increased its projection for fiscal 2017 revenue growth to 53 percent, from 48 percent previously.
H&M Monthly Sales Growth 6 Percent, Lagging Forecasts
In November, its growth was roughly unchanged from October at 9 percent, missing expectations for an acceleration on the back of demand for winter clothes.
H&M Monthly Sales Growth 6 Percent, Lagging Forecasts
In November, its growth was roughly unchanged from October at 9 percent, missing expectations for an acceleration on the back of demand for winter clothes.
Hugo Boss Jumps as Clothier’s Profit Guidance Brings Relief
Full-year operating profit will be nearer 17 percent than 23 percent, a range set by the company in August.
Hugo Boss Jumps as Clothier’s Profit Guidance Brings Relief
Full-year operating profit will be nearer 17 percent than 23 percent, a range set by the company in August.
Amazon to Begin Collecting Sales Taxes in South Dakota
The news follows recent moves by Amazon in Utah, Iowa and Nebraska as more states push to collect taxes on Internet purchases.
Amazon to Begin Collecting Sales Taxes in South Dakota
The news follows recent moves by Amazon in Utah, Iowa and Nebraska as more states push to collect taxes on Internet purchases.
THE NEWS IN BRIEF
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.
US Economy Shrinks for a Second Quarter, Raising Recession Odds
Gross domestic product fell at a 0.9 percent annualised rate after a 1.6 percent decline in the first three months of the year, the Commerce Department’s preliminary estimate showed Thursday.