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Financial Markets

A financial lens on the fast-changing fashion sector, including markets, investors and deals.

Aritzia Raises $400 Million in Canada’s Largest IPO of Year

Canadian women’s fashion retailer Aritzia raised C$400 million in its initial public offering, the nation’s largest IPO since October’s C$1.83 billion sale of electric utility Hydro One Ltd.

Aritzia Raises $400 Million in Canada’s Largest IPO of Year

Canadian women’s fashion retailer Aritzia raised C$400 million in its initial public offering, the nation’s largest IPO since October’s C$1.83 billion sale of electric utility Hydro One Ltd.


Bain Exit Leaves Edcon Struggling in South Africa Retail Slump

Bain Capital Partners LLC’s decision to walk away from Edcon Holdings Ltd. leaves South Africa’s largest clothing retailer to claw back market share.

Bain Exit Leaves Edcon Struggling in South Africa Retail Slump

Bain Capital Partners LLC’s decision to walk away from Edcon Holdings Ltd. leaves South Africa’s largest clothing retailer to claw back market share.


Luxury Makers’ Dubious Dividends Make Them Target for Shorts

Higher dividends at a handful of struggling posh-product makers are a luxury they may not be able to afford.

Luxury Makers’ Dubious Dividends Make Them Target for Shorts

Higher dividends at a handful of struggling posh-product makers are a luxury they may not be able to afford.


Kate Spade Upgraded as Wells Fargo Predicts Comeback for Brand

Kate Spade & Co. was upgraded by Wells Fargo & Co. analyst Ike Boruchow, who sees the handbag maker’s sales and profit margins improving in the second half of the year.

Kate Spade Upgraded as Wells Fargo Predicts Comeback for Brand

Kate Spade & Co. was upgraded by Wells Fargo & Co. analyst Ike Boruchow, who sees the handbag maker’s sales and profit margins improving in the second half of the year.


JD Sports Leaves Mike Ashley Trailing With ‘Astonishing’ Growth

JD Sports Fashion Plc reported first-half earnings growth that showed why it has surged past Mike Ashley’s Sports Direct International Plc among UK athletic-gear retailers.

JD Sports Leaves Mike Ashley Trailing With ‘Astonishing’ Growth

JD Sports Fashion Plc reported first-half earnings growth that showed why it has surged past Mike Ashley’s Sports Direct International Plc among UK athletic-gear retailers.


PayPal, MasterCard Reach Deal For Store Payments

MasterCard said it signed a deal with PayPal that will allow customers to use PayPal's payment services in stores.

PayPal, MasterCard Reach Deal For Store Payments

MasterCard said it signed a deal with PayPal that will allow customers to use PayPal's payment services in stores.


Rocket Internet Shares Fall After Writing Down Value of Global Fashion Group

Rocket Internet shares fell the most in more than four months after a writedown of the value of online retailer Global Fashion Group contributed to a a first-half loss of €617 million ($690 million) at the startup factory.

Rocket Internet Shares Fall After Writing Down Value of Global Fashion Group

Rocket Internet shares fell the most in more than four months after a writedown of the value of online retailer Global Fashion Group contributed to a a first-half loss of €617 million ($690 million) at the startup factory.


Lululemon 2Q Net Income Rises but Revenue Misses Estimates

Shares of Lululemon slipped in after-hours trading after the "athleisure" apparel maker's revenue missed Wall Street estimates in the second quarter.

Lululemon 2Q Net Income Rises but Revenue Misses Estimates

Shares of Lululemon slipped in after-hours trading after the "athleisure" apparel maker's revenue missed Wall Street estimates in the second quarter.


Uniqlo Opens Biggest Southeast Asia Store, Looks Abroad for Growth

Uniqlo-owner Fast Retailing is busy opening stores in the US, London and across Asia to help reduce its dependency on a home market where Japanese household spending is falling.

Uniqlo Opens Biggest Southeast Asia Store, Looks Abroad for Growth

Uniqlo-owner Fast Retailing is busy opening stores in the US, London and across Asia to help reduce its dependency on a home market where Japanese household spending is falling.


Shoe Carnival Posts 2Q Profit

Shoe Carnival Inc. reported fiscal second-quarter profit of $4.1 million.

Shoe Carnival Posts 2Q Profit

Shoe Carnival Inc. reported fiscal second-quarter profit of $4.1 million.


Amazon Dash One-Button Device Arrives in Britain

Seeking to capitalise on Britons too busy or forgetful to shop for household essentials, retail giant Amazon is bringing its thumb-sized, one-button ordering device to the UK.

Amazon Dash One-Button Device Arrives in Britain

Seeking to capitalise on Britons too busy or forgetful to shop for household essentials, retail giant Amazon is bringing its thumb-sized, one-button ordering device to the UK.


Chico's Beats 2Q Profit Forecasts

Chico's FAS reported fiscal second-quarter net income of $23 million.

Chico's Beats 2Q Profit Forecasts

Chico's FAS reported fiscal second-quarter net income of $23 million.