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.
Swiss Retailers Feel Lingering Pain from Currency Shock
Last year's 2 billion Swiss franc ($2.1 billion) drop marked the worst retail sales tumble since recordkeeping began in 1980.
Swiss Retailers Feel Lingering Pain from Currency Shock
Last year's 2 billion Swiss franc ($2.1 billion) drop marked the worst retail sales tumble since recordkeeping began in 1980.
Hudson's Bay Profit Misses as Costs Rise
Department store operator Hudson's Bay Co reported a smaller-than-expected quarterly profit as expenses soared and sales at established Saks Fifth Avenue stores dropped.
Hudson's Bay Profit Misses as Costs Rise
Department store operator Hudson's Bay Co reported a smaller-than-expected quarterly profit as expenses soared and sales at established Saks Fifth Avenue stores dropped.
Next Cuts Sales Outlook, Sees Hardest Year Since 2008
UK clothing retailer Next Plc lowered its full-year sales forecast, saying it may face the toughest year since 2008.
Next Cuts Sales Outlook, Sees Hardest Year Since 2008
UK clothing retailer Next Plc lowered its full-year sales forecast, saying it may face the toughest year since 2008.
PVH Tops Street 4Q Forecasts
PVH Corp. on Wednesday reported fiscal fourth-quarter earnings of $134.2 million. The results surpassed Wall Street expectations.
PVH Tops Street 4Q Forecasts
PVH Corp. on Wednesday reported fiscal fourth-quarter earnings of $134.2 million. The results surpassed Wall Street expectations.
SoftBank Group Invests $250 Million in Talent Agency WME-IMG
SoftBank Group Corp., the Japanese telecommunications company, invested $250 million in WME-IMG LLC in a deal that values the sports and entertainment agency at $5.5 billion.
SoftBank Group Invests $250 Million in Talent Agency WME-IMG
SoftBank Group Corp., the Japanese telecommunications company, invested $250 million in WME-IMG LLC in a deal that values the sports and entertainment agency at $5.5 billion.
Nike’s Third-Quarter Sales Miss Estimates, Hurt by Strong US Dollar
Nike Inc. posted disappointing third-quarter sales and signalled that orders in North America and some overseas markets are increasing more slowly than projected.
Nike’s Third-Quarter Sales Miss Estimates, Hurt by Strong US Dollar
Nike Inc. posted disappointing third-quarter sales and signalled that orders in North America and some overseas markets are increasing more slowly than projected.
Hermès Full-Year Earnings Beat Estimates, Buoyed by Leather Goods, Japan
Hermès International SCA reported full-year earnings that beat analysts’ estimates, buoyed by sales of leather goods and demand in Japan.
Hermès Full-Year Earnings Beat Estimates, Buoyed by Leather Goods, Japan
Hermès International SCA reported full-year earnings that beat analysts’ estimates, buoyed by sales of leather goods and demand in Japan.
Alibaba Reaches 3 Trillion Yuan Milestone Even as China Slows
Alibaba Group Holding Ltd. sold 3 trillion yuan ($463 billion) of goods through its online shopping websites in the year ending March, as it moved deeper into the untapped countryside and courted foreign brands.
Alibaba Reaches 3 Trillion Yuan Milestone Even as China Slows
Alibaba Group Holding Ltd. sold 3 trillion yuan ($463 billion) of goods through its online shopping websites in the year ending March, as it moved deeper into the untapped countryside and courted foreign brands.
Tiffany's Sales Drop 5.6 Percent in Holiday Quarter
Tiffany & Co's sales fell 5.6 percent in the holiday quarter as a strong dollar hurt tourist spending at its stores in the United States and ate into revenue from other markets.
Tiffany's Sales Drop 5.6 Percent in Holiday Quarter
Tiffany & Co's sales fell 5.6 percent in the holiday quarter as a strong dollar hurt tourist spending at its stores in the United States and ate into revenue from other markets.
Ferragamo Shares Jump in Milan After Earnings Exceed Estimates
Salvatore Ferragamo SpA rose in early Milan trading after reporting quarterly earnings that beat estimates and forecasting “a positive year” amid a tough industry backdrop.
Ferragamo Shares Jump in Milan After Earnings Exceed Estimates
Salvatore Ferragamo SpA rose in early Milan trading after reporting quarterly earnings that beat estimates and forecasting “a positive year” amid a tough industry backdrop.
Aeropostale Will Explore Strategic Alternatives as Losses Deepen
Aeropostale Inc., the teen-apparel chain working to turn around its falling sales, plans to review strategic alternatives for the business after reporting a wider fourth-quarter loss.
Aeropostale Will Explore Strategic Alternatives as Losses Deepen
Aeropostale Inc., the teen-apparel chain working to turn around its falling sales, plans to review strategic alternatives for the business after reporting a wider fourth-quarter loss.
Guess Misses 4Q Profit Forecasts
Guess Inc. on Wednesday reported fiscal fourth-quarter earnings of $47.8 million. The results did not meet Wall Street expectations.
Guess Misses 4Q Profit Forecasts
Guess Inc. on Wednesday reported fiscal fourth-quarter earnings of $47.8 million. The results did not meet Wall Street expectations.
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.