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Financial Markets

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

Rocket Internet Vows to Limit Losses After 2015 Cash Burn

German e-commerce firm Rocket Internet said it was on track to make three of its start-ups profitable by the end of 2017, and its losses should have peaked last year when its companies burned through 1 billion euros ($1.1 billion).

Rocket Internet Vows to Limit Losses After 2015 Cash Burn

German e-commerce firm Rocket Internet said it was on track to make three of its start-ups profitable by the end of 2017, and its losses should have peaked last year when its companies burned through 1 billion euros ($1.1 billion).


Jason Wu Talks New Contemporary Line

BoF can exclusively reveal the strategy behind Grey, Jason Wu's new 'day-oriented' advanced contemporary collection.

Jason Wu Talks New Contemporary Line

BoF can exclusively reveal the strategy behind Grey, Jason Wu's new 'day-oriented' advanced contemporary collection.


Fewer Paris Tourists and DKNY Shift Hit LVMH's Fashion and Leather

LVMH has announced their poor performance in fashion and leather goods being due to lower tourist spending on big brands such as Louis Vuitton in France and the ending of some DKNY lines.

Fewer Paris Tourists and DKNY Shift Hit LVMH's Fashion and Leather

LVMH has announced their poor performance in fashion and leather goods being due to lower tourist spending on big brands such as Louis Vuitton in France and the ending of some DKNY lines.


Perry Ellis Reports 4Q Loss

Perry Ellis International Inc. has reported a loss of $17.7 million in its fiscal fourth quarter.

Perry Ellis Reports 4Q Loss

Perry Ellis International Inc. has reported a loss of $17.7 million in its fiscal fourth quarter.


LVMH Shares Fall, Dragging Down Rivals

European shares have fallen with luxury good stocks among the worst performers after France's LVMH posted first quarter sales below forecasts.

LVMH Shares Fall, Dragging Down Rivals

European shares have fallen with luxury good stocks among the worst performers after France's LVMH posted first quarter sales below forecasts.


Sports Direct Buys Oxford Street Freehold for Fashion Flagship

Retailer Sports Direct International has announced it will buy the freehold of a property in London's Oxford Street for 108 million pounds for use as a flagship store for its FLANNELS.com fashion brand and offices.

Sports Direct Buys Oxford Street Freehold for Fashion Flagship

Retailer Sports Direct International has announced it will buy the freehold of a property in London's Oxford Street for 108 million pounds for use as a flagship store for its FLANNELS.com fashion brand and offices.


Under Armour Drops After Jordan Spieth Loses Masters

Shares of sports apparel maker Under Armour dropped nearly 6 percent after defending champion Jordan Spieth lost the Masters golf tournament in a shocking meltdown.

Under Armour Drops After Jordan Spieth Loses Masters

Shares of sports apparel maker Under Armour dropped nearly 6 percent after defending champion Jordan Spieth lost the Masters golf tournament in a shocking meltdown.


Prada Store Closures to Offset Openings and Shield Profit Margins

Prada will offset new shop openings with selective closures this year and the next in an effort to shield profit margins from weaker demand.

Prada Store Closures to Offset Openings and Shield Profit Margins

Prada will offset new shop openings with selective closures this year and the next in an effort to shield profit margins from weaker demand.


LVMH First-Quarter Sales Miss Forecasts, Says France Remains Weak

LVMH on Monday posted first-quarter sales below forecasts as tourist shopping in key markets such as France and Hong Kong remained low.

LVMH First-Quarter Sales Miss Forecasts, Says France Remains Weak

LVMH on Monday posted first-quarter sales below forecasts as tourist shopping in key markets such as France and Hong Kong remained low.


Hypebeast Files for IPO

The 11-year-old media company and e-tailer with ‘sneakerhead’ origins has filed for an initial public offering in Hong Kong.

Hypebeast Files for IPO

The 11-year-old media company and e-tailer with ‘sneakerhead’ origins has filed for an initial public offering in Hong Kong.


Uniqlo: Again the Face of Japan's Deflating Economy

A stunning move by the Bank of Japan to introduce negative interest rates in January to try to get companies and consumers spending again has yet to boost sales, stock prices or arrest an unwelcome rise in the yen.

Uniqlo: Again the Face of Japan's Deflating Economy

A stunning move by the Bank of Japan to introduce negative interest rates in January to try to get companies and consumers spending again has yet to boost sales, stock prices or arrest an unwelcome rise in the yen.


H&M Q1 Profit Hit by Markdowns and Currency Effects

Hennes & Mauritz posted a 30 percent drop in first-quarter pretax profit on Wednesday due to markdowns and a stronger US dollar, although the results were slightly better than expected.

H&M Q1 Profit Hit by Markdowns and Currency Effects

Hennes & Mauritz posted a 30 percent drop in first-quarter pretax profit on Wednesday due to markdowns and a stronger US dollar, although the results were slightly better than expected.