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Financial Markets

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

Wal-Mart Profit Beats Expectations With Stocks Rising

The world's largest retailer reported a higher-than-expected quarterly profit as sales at its established US stores rose for the eighth consecutive quarter, sending its shares up more than 3 percent.

Wal-Mart Profit Beats Expectations With Stocks Rising

The world's largest retailer reported a higher-than-expected quarterly profit as sales at its established US stores rose for the eighth consecutive quarter, sending its shares up more than 3 percent.


Amazon Steps Up British Investment With 1,500 New Jobs

Amazon said it would create 1,500 new jobs in 2017 when it opens a new distribution centre in Tilbury, south east England, maintaining its surge of investment in Britain.

Amazon Steps Up British Investment With 1,500 New Jobs

Amazon said it would create 1,500 new jobs in 2017 when it opens a new distribution centre in Tilbury, south east England, maintaining its surge of investment in Britain.


Canadian Retailer Aritzia Files for Toronto IPO as Market Thaws

Aritzia, the Canadian women’s fashion retailer, filed for an initial public offering on the Toronto Stock Exchange.

Canadian Retailer Aritzia Files for Toronto IPO as Market Thaws

Aritzia, the Canadian women’s fashion retailer, filed for an initial public offering on the Toronto Stock Exchange.


L Brands Tops Second Quarter Forecasts

L Brands reported fiscal second-quarter net income of $252.4 million.

L Brands Tops Second Quarter Forecasts

L Brands reported fiscal second-quarter net income of $252.4 million.


Amazon Courts Women Entrepreneurs at Conference to Boost Sales

Amazon.com is making an effort to woo more women entrepreneurs to its online marketplace by emphasising the company’s global reach and tools for efficiently building a budding business.

Amazon Courts Women Entrepreneurs at Conference to Boost Sales

Amazon.com is making an effort to woo more women entrepreneurs to its online marketplace by emphasising the company’s global reach and tools for efficiently building a budding business.


Coty Declines as Investors Wait for Post-P&G Deal Strategy

Coty Inc. shares fell the most in more than seven weeks after the company posted its second straight net loss and investors wait for more insight about its pending merger with Procter & Gamble Co.’s beauty brands.

Coty Declines as Investors Wait for Post-P&G Deal Strategy

Coty Inc. shares fell the most in more than seven weeks after the company posted its second straight net loss and investors wait for more insight about its pending merger with Procter & Gamble Co.’s beauty brands.


JC Penney Reports Smaller Loss in 2Q as Sales Improve

JC Penney reported a smaller loss in the second quarter as the department store operator's sales improved, fuelled by such moves as bringing back appliances and refreshing other areas of the store.

JC Penney Reports Smaller Loss in 2Q as Sales Improve

JC Penney reported a smaller loss in the second quarter as the department store operator's sales improved, fuelled by such moves as bringing back appliances and refreshing other areas of the store.


Alibaba Sales Beat Estimates on Cloud as Revenue Rises 59 Percent

Alibaba's quarterly revenue beat analysts’ estimates as cloud computing services surged and its core e-commerce business held up despite a slowing Chinese economy.

Alibaba Sales Beat Estimates on Cloud as Revenue Rises 59 Percent

Alibaba's quarterly revenue beat analysts’ estimates as cloud computing services surged and its core e-commerce business held up despite a slowing Chinese economy.


Zalando Confirms Earnings Boost From Efficiency and New Brands

Zalando boosted earnings as the online apparel retailer added new brands like Kate Spade and got more bang for its marketing buck.

Zalando Confirms Earnings Boost From Efficiency and New Brands

Zalando boosted earnings as the online apparel retailer added new brands like Kate Spade and got more bang for its marketing buck.


From Bankruptcy to Billions: Fashion’s Greatest Second (and Third) Acts

From Chanel to Michael Kors, BoF examines companies that failed hard on the way to global success.

From Bankruptcy to Billions: Fashion’s Greatest Second (and Third) Acts

From Chanel to Michael Kors, BoF examines companies that failed hard on the way to global success.


Michael Kors Provides Cautious Forecast After First-Quarter Beat

Michael Kors provided a cautious forecast for earnings and sales this year, reflecting a turbulent market for luxury goods.

Michael Kors Provides Cautious Forecast After First-Quarter Beat

Michael Kors provided a cautious forecast for earnings and sales this year, reflecting a turbulent market for luxury goods.


Ralph Lauren Profit Tops Estimates on Larsson’s Turnaround Plan

Ralph Lauren reported first-quarter profit that exceeded analysts’ estimates as new chief executive officer Stefan Larsson’s turnaround plan takes hold.

Ralph Lauren Profit Tops Estimates on Larsson’s Turnaround Plan

Ralph Lauren reported first-quarter profit that exceeded analysts’ estimates as new chief executive officer Stefan Larsson’s turnaround plan takes hold.