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.
Four Forces Transforming the Global Economy
Richard Dobbs, senior partner at McKinsey & Company, spoke in December at VOICES, BoF’s new annual gathering for big thinkers.
Four Forces Transforming the Global Economy
Richard Dobbs, senior partner at McKinsey & Company, spoke in December at VOICES, BoF’s new annual gathering for big thinkers.
Finish Line Reports Third-Quarter Loss
The Finish Line Inc. on Wednesday reported a loss of $40.4 million in its fiscal third quarter.
Finish Line Reports Third-Quarter Loss
The Finish Line Inc. on Wednesday reported a loss of $40.4 million in its fiscal third quarter.
Disrupting Amidst Disruption
In a fast-changing and unpredictable world, fashion must embrace disruption.
Disrupting Amidst Disruption
In a fast-changing and unpredictable world, fashion must embrace disruption.
Guess Misses Third Quarter Profit Forecasts
Guess Inc. on Wednesday reported fiscal third-quarter net income of $9.1 million.
Guess Misses Third Quarter Profit Forecasts
Guess Inc. on Wednesday reported fiscal third-quarter net income of $9.1 million.
Calvin Klein and Tommy Hilfiger Owner PVH tops Third Quarter Forecasts
The owner of the Calvin Klein and Tommy Hilfiger brands posted revenue of $2.24 billion in the period, also beating Wall Street forecasts.
Calvin Klein and Tommy Hilfiger Owner PVH tops Third Quarter Forecasts
The owner of the Calvin Klein and Tommy Hilfiger brands posted revenue of $2.24 billion in the period, also beating Wall Street forecasts.
Shoe Carnival Posts Third-Quarter Profit
Shoe Carnival Inc. on Monday reported fiscal third-quarter net income of $9.7 million.
Shoe Carnival Posts Third-Quarter Profit
Shoe Carnival Inc. on Monday reported fiscal third-quarter net income of $9.7 million.
Rocket Internet’s Global Fashion Shrinks Losses on Cost Cuts
The adjusted loss narrowed to €32.3 million ($34.3 million) from €54 million a year earlier.
Rocket Internet’s Global Fashion Shrinks Losses on Cost Cuts
The adjusted loss narrowed to €32.3 million ($34.3 million) from €54 million a year earlier.
Chow Tai Fook Profit Slump Eases as Jeweller Gets Rental Cuts
Chow Tai Fook Jewellery Group Ltd. reported first-half profit fell 22 percent.
Chow Tai Fook Profit Slump Eases as Jeweller Gets Rental Cuts
Chow Tai Fook Jewellery Group Ltd. reported first-half profit fell 22 percent.
Urban Outfitters Misses Third-Quarter Forecasts
Urban Outfitters Inc. on Tuesday reported fiscal third-quarter earnings of $47.4 million.
Urban Outfitters Misses Third-Quarter Forecasts
Urban Outfitters Inc. on Tuesday reported fiscal third-quarter earnings of $47.4 million.
Abercrombie & Fitch Quarterly Sales Miss Estimates, Shares Skid
Abercrombie's net sales fell 6.5 percent to $821.73 million, down for the 15th straight quarter.
Abercrombie & Fitch Quarterly Sales Miss Estimates, Shares Skid
Abercrombie's net sales fell 6.5 percent to $821.73 million, down for the 15th straight quarter.
Gap Underwhelms Investors With In-Line Third-Quarter Earnings
The company will close all eight Banana Republic stores in the country as well.
Gap Underwhelms Investors With In-Line Third-Quarter Earnings
The company will close all eight Banana Republic stores in the country as well.
Gap's Third-Quarter Profit Drops Nearly 18 Percent
The brand earned $204 million in the three-month period that ended Oct. 29, compared with $248 million a year earlier.
Gap's Third-Quarter Profit Drops Nearly 18 Percent
The brand earned $204 million in the three-month period that ended Oct. 29, compared with $248 million a year earlier.
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.