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.
Oxford Industries Misses Street 1Q Forecasts
The owner of the Tommy Bahama, Lilly Pulitzer, Ben Sherman, Lanier Clothes and Ben Sherman clothing lines posted revenue of $256.2 million falling short of Street forecasts.
Oxford Industries Misses Street 1Q Forecasts
The owner of the Tommy Bahama, Lilly Pulitzer, Ben Sherman, Lanier Clothes and Ben Sherman clothing lines posted revenue of $256.2 million falling short of Street forecasts.
The Outdoor ‘Dad Brands’ Tapping Urban Youth
Outerwear brands like The North Face and Columbia are finding new levers of growth among a young, urban consumer demographic.
The Outdoor ‘Dad Brands’ Tapping Urban Youth
Outerwear brands like The North Face and Columbia are finding new levers of growth among a young, urban consumer demographic.
SoftBank Proceeds From Alibaba Selldown Rise to $10 Billion
SoftBank Group Corp. has lifted the amount of money it will raise from selling down its stake in China’s Alibaba Group Holding Ltd. to $10 billion, after exercising an option to sell more shares through a trust.
SoftBank Proceeds From Alibaba Selldown Rise to $10 Billion
SoftBank Group Corp. has lifted the amount of money it will raise from selling down its stake in China’s Alibaba Group Holding Ltd. to $10 billion, after exercising an option to sell more shares through a trust.
Amid SEC Probe, Jack Ma Says Hard for US to Understand Alibaba
Alibaba Group Holding Ltd, whose accounting practices are under investigation by US regulators, is a difficult company for the United States to understand, executive chairman Jack Ma has said in an interview to Chinese media.
Amid SEC Probe, Jack Ma Says Hard for US to Understand Alibaba
Alibaba Group Holding Ltd, whose accounting practices are under investigation by US regulators, is a difficult company for the United States to understand, executive chairman Jack Ma has said in an interview to Chinese media.
Zumiez Reports 1Q Loss
Zumiez Inc. has reported a fiscal first-quarter loss of $2.1 million, after reporting a profit in the same period a year earlier.
Zumiez Reports 1Q Loss
Zumiez Inc. has reported a fiscal first-quarter loss of $2.1 million, after reporting a profit in the same period a year earlier.
Alibaba Buys $2 Billion in Own Stock From Softbank
Alibaba agreed to buy $2 billion of its own stock from SoftBank Group Corp. at $74 a share, as part of SoftBank’s effort to monetise $8.9 billion of its stake in the Chinese e-commerce giant.
Alibaba Buys $2 Billion in Own Stock From Softbank
Alibaba agreed to buy $2 billion of its own stock from SoftBank Group Corp. at $74 a share, as part of SoftBank’s effort to monetise $8.9 billion of its stake in the Chinese e-commerce giant.
Michael Kors Rises After Forecast Exceeds Analysts’ Projections
Michael Kors released early summer products — including some that aren't available at other retailers — to bring customers into its stores.
Michael Kors Rises After Forecast Exceeds Analysts’ Projections
Michael Kors released early summer products — including some that aren't available at other retailers — to bring customers into its stores.
Vera Bradley Beats 1Q Profit Forecasts
Vera Bradley Inc. has reported fiscal first-quarter net income of $2.4 million, after reporting a loss in the same period a year earlier.
Vera Bradley Beats 1Q Profit Forecasts
Vera Bradley Inc. has reported fiscal first-quarter net income of $2.4 million, after reporting a loss in the same period a year earlier.
G-III Apparel Beats 1Q Profit Forecasts
G-III Apparel Group Ltd. has reported fiscal first-quarter earnings of $2.8 million.
G-III Apparel Beats 1Q Profit Forecasts
G-III Apparel Group Ltd. has reported fiscal first-quarter earnings of $2.8 million.
Top Alibaba Shareholder Softbank Plans to Sell $7.9 Billion in Stock
Japanese telecommunications and internet firm Softbank Group Corp has announced it will sell at least $7.9 billion of shares in Chinese e-commerce company Alibaba Group Holding Ltd in order to raise funds to reduce its debt.
Top Alibaba Shareholder Softbank Plans to Sell $7.9 Billion in Stock
Japanese telecommunications and internet firm Softbank Group Corp has announced it will sell at least $7.9 billion of shares in Chinese e-commerce company Alibaba Group Holding Ltd in order to raise funds to reduce its debt.
Ascena Retail Beats 3Q Profit Forecasts
Ascena Retail Group Inc. has reported fiscal third-quarter earnings of $15 million.
Ascena Retail Beats 3Q Profit Forecasts
Ascena Retail Group Inc. has reported fiscal third-quarter earnings of $15 million.
China to Open E-Commerce, Other Sectors to Foreign Investment
China will lift restrictions to investments by foreign firms in a range of service industry sectors, including e-commerce, logistics, accounting and auditing, the China Securities News quoted commerce minister Gao Hucheng as saying.
China to Open E-Commerce, Other Sectors to Foreign Investment
China will lift restrictions to investments by foreign firms in a range of service industry sectors, including e-commerce, logistics, accounting and auditing, the China Securities News quoted commerce minister Gao Hucheng as saying.
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.