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.
N Brown Says Trading in New Financial Year Subdued
British plus-size fashion retailer N Brown Group Plc expects a hit of about £3 million on full-year profit before tax in the new financial year, and said trading so far has been subdued.
N Brown Says Trading in New Financial Year Subdued
British plus-size fashion retailer N Brown Group Plc expects a hit of about £3 million on full-year profit before tax in the new financial year, and said trading so far has been subdued.
Beyonce Seen Boosting Zalando After Muted Start to 2016
Zalando said the launch of a new sports label by Beyonce had boosted sales since the Easter holidays after revenue grew less rapidly than expected in the first quarter.
Beyonce Seen Boosting Zalando After Muted Start to 2016
Zalando said the launch of a new sports label by Beyonce had boosted sales since the Easter holidays after revenue grew less rapidly than expected in the first quarter.
European Shares Hit One-Month High, L'Oreal Leads
L'Oreal rose 4.6 percent, the top gainer in the FTSEurofirst 300 index, as the French cosmetics company pledged to outperform the market in 2016 and confirmed its ambition to achieve another year of sales and profit growth after first-quarter sales rose more than expected.
European Shares Hit One-Month High, L'Oreal Leads
L'Oreal rose 4.6 percent, the top gainer in the FTSEurofirst 300 index, as the French cosmetics company pledged to outperform the market in 2016 and confirmed its ambition to achieve another year of sales and profit growth after first-quarter sales rose more than expected.
AB Foods Sees Relief from Currency Pressures as Profit Rises
Associated British Foods, owner of the Primark clothing chain, beat forecasts with a 3 percent rise in first-half profits and said currency pressures that had held back its performance were starting to ease.
AB Foods Sees Relief from Currency Pressures as Profit Rises
Associated British Foods, owner of the Primark clothing chain, beat forecasts with a 3 percent rise in first-half profits and said currency pressures that had held back its performance were starting to ease.
L'Oreal Sales Rise 1.8 Percent as Developed Markets Hold Up
French cosmetics maker L'Oreal says its sales edged up 1.8 percent in the first three months of the year to 6.55 billion euros ($7.41 billion) as gains in its main markets in Western Europe and North America offset a decline in Latin America.
L'Oreal Sales Rise 1.8 Percent as Developed Markets Hold Up
French cosmetics maker L'Oreal says its sales edged up 1.8 percent in the first three months of the year to 6.55 billion euros ($7.41 billion) as gains in its main markets in Western Europe and North America offset a decline in Latin America.
Few Signs of Relief for Troubled US Apparel Retailers
Analysts expect several months of falling or barely-growing revenues from Gap, American Eagle Outfitters and other US mall mainstays.
Few Signs of Relief for Troubled US Apparel Retailers
Analysts expect several months of falling or barely-growing revenues from Gap, American Eagle Outfitters and other US mall mainstays.
Armani Seeks to Entice Fashionistas in 'Key Market' Russia
Renowned Italian designer Giorgio Armani sought to entice Moscow fashionistas with his latest creations on a visit to Russia amid weaker demand globally for luxury goods.
Armani Seeks to Entice Fashionistas in 'Key Market' Russia
Renowned Italian designer Giorgio Armani sought to entice Moscow fashionistas with his latest creations on a visit to Russia amid weaker demand globally for luxury goods.
Komodo Commerce: E-Tailers Battle in Southeast Asia
With its $1 billion buy of online retailer Lazada, Alibaba has signaled Southeast Asia as a regional e-commerce battleground — with 600 million people, and no shortage of logistical headaches.
Komodo Commerce: E-Tailers Battle in Southeast Asia
With its $1 billion buy of online retailer Lazada, Alibaba has signaled Southeast Asia as a regional e-commerce battleground — with 600 million people, and no shortage of logistical headaches.
Bulgari Sees Brighter Prospects for Second Half of Year
Bulgari chief executive Jean-Christophe Babin sees growth picking up in the second half of the year after sales suffered following the terror attacks in Paris in November.
Bulgari Sees Brighter Prospects for Second Half of Year
Bulgari chief executive Jean-Christophe Babin sees growth picking up in the second half of the year after sales suffered following the terror attacks in Paris in November.
Lower Tourist Spending Checks Burberry Sales Growth
British luxury fashion brand Burberry said tough conditions would hit profit in the year ahead after a drop in tourist spending in continental Europe and weak demand in Hong Kong depressed sales in recent months.
Lower Tourist Spending Checks Burberry Sales Growth
British luxury fashion brand Burberry said tough conditions would hit profit in the year ahead after a drop in tourist spending in continental Europe and weak demand in Hong Kong depressed sales in recent months.
Burberry Sees Profit Setback Amid Declining Luxury-Goods Demand
Burberry Group Plc said earnings this year will be at the low end of analysts’ estimates as the company struggles to cope with ebbing demand in Hong Kong and Europe.
Burberry Sees Profit Setback Amid Declining Luxury-Goods Demand
Burberry Group Plc said earnings this year will be at the low end of analysts’ estimates as the company struggles to cope with ebbing demand in Hong Kong and Europe.
UK Retailer JD Sports' Full-Year Profit Beats Expectations
British retailer JD Sports Fashion Plc reported a 57 percent jump in full-year headline profit before tax and exceptional items, as sales of sports and fashion products continued to surge on the UK high street.
UK Retailer JD Sports' Full-Year Profit Beats Expectations
British retailer JD Sports Fashion Plc reported a 57 percent jump in full-year headline profit before tax and exceptional items, as sales of sports and fashion products continued to surge on the UK high street.
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.