Marquee Brands to Acquire Roots in Go-Private Deal
The brand management company will add the Canadian lifestyle label to a growing portfolio that includes Roberto Cavalli and BCBG.
Financial Markets
A financial lens on the fast-changing fashion sector, including markets, investors and deals.
Aeropostale Reports 1Q Loss
Aeropostale has reported a loss of $58.4 million in its fiscal first quarter.
Aeropostale Reports 1Q Loss
Aeropostale has reported a loss of $58.4 million in its fiscal first quarter.
Amazon Says ‘Prime Day’ Sales Up 30 Percent for Merchants
Amazon.com said Prime Day sales from third-party merchants surged 30 percent compared with a year earlier, fuelled largely by international demand.
Amazon Says ‘Prime Day’ Sales Up 30 Percent for Merchants
Amazon.com said Prime Day sales from third-party merchants surged 30 percent compared with a year earlier, fuelled largely by international demand.
Op-Ed | How Small Brands Can Face Heavyweights
A global network enabling shared data, manufacturing resources and a sales force of independent stylists is the solution to the challenges facing start-up fashion businesses, argues Adam Pritzker.
Op-Ed | How Small Brands Can Face Heavyweights
A global network enabling shared data, manufacturing resources and a sales force of independent stylists is the solution to the challenges facing start-up fashion businesses, argues Adam Pritzker.
Alexander Wang Becomes CEO and Chairman of His Namesake Brand
Alexander Wang is the latest designer to take on a broader business role, becoming chief executive and chairman of his namesake brand.
Alexander Wang Becomes CEO and Chairman of His Namesake Brand
Alexander Wang is the latest designer to take on a broader business role, becoming chief executive and chairman of his namesake brand.
Young Turks: E-Commerce Start-Ups Bet On Enviable Demographics
The potential for online retail growth in Turkey is increasingly attracting overseas players and investors.
Young Turks: E-Commerce Start-Ups Bet On Enviable Demographics
The potential for online retail growth in Turkey is increasingly attracting overseas players and investors.
JD.com Loses Lustre as Hedge Funds Backpedal Amid Slowing Growth
The US-traded stock has plunged 37 percent this year, wiping out almost $17 billion in market value.
JD.com Loses Lustre as Hedge Funds Backpedal Amid Slowing Growth
The US-traded stock has plunged 37 percent this year, wiping out almost $17 billion in market value.
Valentino’s Qatari Owners Acquire Balmain
Mayhoola for Investments, an investment fund backed by the emir of Qatar, acquired Balmain, adding a brand favoured by Kim Kardashian to a roster of labels that includes Valentino.
Valentino’s Qatari Owners Acquire Balmain
Mayhoola for Investments, an investment fund backed by the emir of Qatar, acquired Balmain, adding a brand favoured by Kim Kardashian to a roster of labels that includes Valentino.
H&M Earnings Decline on Weakest Sales Growth in Three Years
H&M reported a decline in second-quarter earnings as the Swedish fashion retailer marked down merchandise that was not selling in Europe because of unusually wet and wintry weather.
H&M Earnings Decline on Weakest Sales Growth in Three Years
H&M reported a decline in second-quarter earnings as the Swedish fashion retailer marked down merchandise that was not selling in Europe because of unusually wet and wintry weather.
Starwood Said to Offer $1.2 Billion US Shopping Malls for Sale
Starwood is selling malls it had acquired from Westfield Corp. including assets in Chicago, San Francisco and Cleveland.
Starwood Said to Offer $1.2 Billion US Shopping Malls for Sale
Starwood is selling malls it had acquired from Westfield Corp. including assets in Chicago, San Francisco and Cleveland.
Wal-Mart to Buy 5 Percent Stake in JD.com as Part of Alliance in China
Wal-Mart Stores Inc. will acquire a 5 percent stake in Asian e-commerce giant JD.com Inc. as part of a deal that will reshape the US retail chain’s operations in China.
Wal-Mart to Buy 5 Percent Stake in JD.com as Part of Alliance in China
Wal-Mart Stores Inc. will acquire a 5 percent stake in Asian e-commerce giant JD.com Inc. as part of a deal that will reshape the US retail chain’s operations in China.
BoF Exclusive | David Neville to Exit Rag & Bone
BoF has learned that co-chief executive officer David Neville will step down from his day-to-day role at Rag & Bone, while remaining a ‘significant’ shareholder and board member. Marcus Wainwright will become the company’s sole CEO.
BoF Exclusive | David Neville to Exit Rag & Bone
BoF has learned that co-chief executive officer David Neville will step down from his day-to-day role at Rag & Bone, while remaining a ‘significant’ shareholder and board member. Marcus Wainwright will become the company’s sole CEO.
SoftBank Sees Up to $2.4 Billion Profit on Alibaba Share Sale
SoftBank has said it expects to book a profit of between 200 billion yen and 250 billion yen ($1.9 billion-$2.4 billion) this financial year on the sale of its shares in Alibaba.
SoftBank Sees Up to $2.4 Billion Profit on Alibaba Share Sale
SoftBank has said it expects to book a profit of between 200 billion yen and 250 billion yen ($1.9 billion-$2.4 billion) this financial year on the sale of its shares in Alibaba.
THE NEWS IN BRIEF
Investors Brace for More Volatility With Trump Set to Address Congress
The president’s remarks come at a pivotal point for markets.
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.