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.
Victoria's Secret Owner L Brands Tops Third Quarter Profit Forecasts
L Brands Inc. on Wednesday reported fiscal third-quarter earnings of $121.6 million.
Victoria's Secret Owner L Brands Tops Third Quarter Profit Forecasts
L Brands Inc. on Wednesday reported fiscal third-quarter earnings of $121.6 million.
Report: Snapchat Files for One of the Biggest Tech IPOs in Years
The company could go public as soon as March and be valued at $20 billion to $25 billion, making it the largest IPO since Alibaba Group Holding Ltd.
Report: Snapchat Files for One of the Biggest Tech IPOs in Years
The company could go public as soon as March and be valued at $20 billion to $25 billion, making it the largest IPO since Alibaba Group Holding Ltd.
Alibaba-Rival JD Envisions its Own Delivery Drone Fleet by 2017
JD.com Inc. has drawn up plans for drones to ply 100 regular routes by the end of next year.
Alibaba-Rival JD Envisions its Own Delivery Drone Fleet by 2017
JD.com Inc. has drawn up plans for drones to ply 100 regular routes by the end of next year.
Stella McCartney Inspired by Dad for Debut Men's Fashion Line
The British designer showcased the line on Thursday alongside her women's spring 2017 resort collection at a star-studded event at London's Abbey Road music studios.
Stella McCartney Inspired by Dad for Debut Men's Fashion Line
The British designer showcased the line on Thursday alongside her women's spring 2017 resort collection at a star-studded event at London's Abbey Road music studios.
Michael Kors Holdings Tops Second-Quarter Profit Forecasts
Michael Kors Holdings Ltd. on Thursday reported fiscal second-quarter profit of $160.9 million.
Michael Kors Holdings Tops Second-Quarter Profit Forecasts
Michael Kors Holdings Ltd. on Thursday reported fiscal second-quarter profit of $160.9 million.
Nordstrom Reports Third-Quarter Loss
Nordstrom Inc. on Thursday reported a fiscal third-quarter loss of $10 million.
Nordstrom Reports Third-Quarter Loss
Nordstrom Inc. on Thursday reported a fiscal third-quarter loss of $10 million.
Alibaba Posts $1 Billion in Sales in 5 Minutes on Singles’ Day
Global retail e-commerce is expected to grow by 24 percent to $1.91 trillion in transactions this year.
Alibaba Posts $1 Billion in Sales in 5 Minutes on Singles’ Day
Global retail e-commerce is expected to grow by 24 percent to $1.91 trillion in transactions this year.
Macy's Raises Outlook for the Year as Trends Improve
Macy's faces challenges heading into the holiday season, the most important time of the year for retailers.
Macy's Raises Outlook for the Year as Trends Improve
Macy's faces challenges heading into the holiday season, the most important time of the year for retailers.
Ralph Lauren Tops Second-Quarter Profit Forecasts
Ralph Lauren Corp. on Thursday reported fiscal second-quarter profit of $45 million.
Ralph Lauren Tops Second-Quarter Profit Forecasts
Ralph Lauren Corp. on Thursday reported fiscal second-quarter profit of $45 million.
Puma Raises Outlook as Rihanna, Celebrity Tie-Ups Help Sales
Puma raised its earnings outlook after reporting profit that topped analysts’ estimates, helped by street shoes promoted by pop-star Rihanna and British model Cara Delevingne.
Puma Raises Outlook as Rihanna, Celebrity Tie-Ups Help Sales
Puma raised its earnings outlook after reporting profit that topped analysts’ estimates, helped by street shoes promoted by pop-star Rihanna and British model Cara Delevingne.
Crocs Reports Third-Quarter Loss
Crocs Inc. on Wednesday reported a loss of $1.5 million in its third quarter.
Crocs Reports Third-Quarter Loss
Crocs Inc. on Wednesday reported a loss of $1.5 million in its third quarter.
Burberry First-Half Profit Drops as Asia Weighs on Luxury Maker
Adjusted pretax profit fell 4 percent to £146 million ($182 million) in the six months through September.
Burberry First-Half Profit Drops as Asia Weighs on Luxury Maker
Adjusted pretax profit fell 4 percent to £146 million ($182 million) in the six months through September.
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.