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.
India's Tata Group Enters E-Commerce Market with Apparel, Electronics Website
India's biggest conglomerate Tata Group has launched an e-commerce venture, as it seeks to cash in on the country's rising purchasing power.
India's Tata Group Enters E-Commerce Market with Apparel, Electronics Website
India's biggest conglomerate Tata Group has launched an e-commerce venture, as it seeks to cash in on the country's rising purchasing power.
PVH Jumps After Raising Full-Year Profit Forecast
PVH Corp., owner of the Calvin Klein and Tommy Hilfiger brands, jumped in late trading after raising its full-year profit forecast and reporting first-quarter earnings that beat analysts’ estimates.
PVH Jumps After Raising Full-Year Profit Forecast
PVH Corp., owner of the Calvin Klein and Tommy Hilfiger brands, jumped in late trading after raising its full-year profit forecast and reporting first-quarter earnings that beat analysts’ estimates.
J. Crew’s Sales Fall as Chain Faces ‘Challenging’ Retail Climate
J. Crew Group Inc.’s same-store sales declined 7 percent last quarter, a sign the preppy-apparel chain is still struggling to win back shoppers.
J. Crew’s Sales Fall as Chain Faces ‘Challenging’ Retail Climate
J. Crew Group Inc.’s same-store sales declined 7 percent last quarter, a sign the preppy-apparel chain is still struggling to win back shoppers.
Guess Reports 1Q Loss
Guess Inc. has reported a fiscal first-quarter loss of $25.2 million, after reporting a profit in the same period a year earlier.
Guess Reports 1Q Loss
Guess Inc. has reported a fiscal first-quarter loss of $25.2 million, after reporting a profit in the same period a year earlier.
Tiffany Reports 1Q Profit Drop on Soft Jewellery Market
Tiffany's first-quarter profit slid as consumers cut spending and the jeweller issued a pessimistic outlook, sending shares down sharply.
Tiffany Reports 1Q Profit Drop on Soft Jewellery Market
Tiffany's first-quarter profit slid as consumers cut spending and the jeweller issued a pessimistic outlook, sending shares down sharply.
Alibaba Undergoing SEC Investigation Over Accounting Practices
Alibaba Group Holding Ltd. said it’s being investigated by the US Securities and Exchange Commission over its accounting practices and whether they violate federal laws.
Alibaba Undergoing SEC Investigation Over Accounting Practices
Alibaba Group Holding Ltd. said it’s being investigated by the US Securities and Exchange Commission over its accounting practices and whether they violate federal laws.
Vogue Café Prepares Pop-Up Champagne Lounge for London
The first Vogue Café in Western Europe will open next month as a pop-up at Westfield in west London as British Vogue celebrates its centenary.
Vogue Café Prepares Pop-Up Champagne Lounge for London
The first Vogue Café in Western Europe will open next month as a pop-up at Westfield in west London as British Vogue celebrates its centenary.
Bulgari Aims to Have Up to Six Stores in Russia over 10 Years
Bulgari plans to open up to four more stores in Russia over the next 10 years, betting on the long-term prospects of its luxury market.
Bulgari Aims to Have Up to Six Stores in Russia over 10 Years
Bulgari plans to open up to four more stores in Russia over the next 10 years, betting on the long-term prospects of its luxury market.
Adidas Sets Sights on Football Stars in Big US Drive
Adidas wants to sign dozens of deals with US sports stars in coming years, hoping that will provide a more lasting boost to sales than the current fashion fad for its retro sneakers, its North America head told Reuters.
Adidas Sets Sights on Football Stars in Big US Drive
Adidas wants to sign dozens of deals with US sports stars in coming years, hoping that will provide a more lasting boost to sales than the current fashion fad for its retro sneakers, its North America head told Reuters.
Wal-Mart Surges After First-Quarter Profit Beats Estimates
The chain's US same-store sales rose faster than expected.
Wal-Mart Surges After First-Quarter Profit Beats Estimates
The chain's US same-store sales rose faster than expected.
American Eagle, Urban Outfitters Surge After Topping Estimates
American Eagle Outfitters Inc. and Urban Outfitters Inc. both surged in late trading after topping first-quarter earnings estimates, bucking a trend of apparel companies posting weak results.
American Eagle, Urban Outfitters Surge After Topping Estimates
American Eagle Outfitters Inc. and Urban Outfitters Inc. both surged in late trading after topping first-quarter earnings estimates, bucking a trend of apparel companies posting weak results.
Mothercare Full-Year Profit Jumps on Turnaround Plan
Baby goods retailer Mothercare said full-year profit jumped 51 percent as the turnaround plan for its troubled British business made progress, sending its shares up as much as 9 percent.
Mothercare Full-Year Profit Jumps on Turnaround Plan
Baby goods retailer Mothercare said full-year profit jumped 51 percent as the turnaround plan for its troubled British business made progress, sending its shares up as much as 9 percent.
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.