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.
Zimmermann Secures Investment from General Atlantic, Plans Global Expansion
BoF can exclusively reveal that Australian fashion and swimwear label Zimmermann has taken a minority investment from General Atlantic, a growth equity firm, to fuel the brand’s global expansion.
Zimmermann Secures Investment from General Atlantic, Plans Global Expansion
BoF can exclusively reveal that Australian fashion and swimwear label Zimmermann has taken a minority investment from General Atlantic, a growth equity firm, to fuel the brand’s global expansion.
Gap Reports 2 Percent Drop in Revenue Measure for February
Gap Inc. is reporting a 2 percent drop in a key revenue measure for February, dragged down by weakness at its Banana Republic stores.
Gap Reports 2 Percent Drop in Revenue Measure for February
Gap Inc. is reporting a 2 percent drop in a key revenue measure for February, dragged down by weakness at its Banana Republic stores.
Adidas Sees 10 to 12 Percent Earnings Growth as Consumers Spend More
Adidas AG, the German sport-shoe maker, forecast an increase in earnings this year as consumers spend more, making it easier to sell higher-priced goods and offset rising costs.
Adidas Sees 10 to 12 Percent Earnings Growth as Consumers Spend More
Adidas AG, the German sport-shoe maker, forecast an increase in earnings this year as consumers spend more, making it easier to sell higher-priced goods and offset rising costs.
Abercrombie & Fitch Posts Unexpected Rise in Comparable Sales
Abercrombie & Fitch Co reported a surprise increase in quarterly sales at established stores due to demand for its Hollister branded clothing and strong online sales in the holiday shopping season.
Abercrombie & Fitch Posts Unexpected Rise in Comparable Sales
Abercrombie & Fitch Co reported a surprise increase in quarterly sales at established stores due to demand for its Hollister branded clothing and strong online sales in the holiday shopping season.
Luxottica Falls in Milan After Lowering Earnings Growth Outlook
Luxottica Group SpA fell in Milan after it curbed its earnings growth outlook as it invests more than $1.6 billion to revitalize and expand its business.
Luxottica Falls in Milan After Lowering Earnings Growth Outlook
Luxottica Group SpA fell in Milan after it curbed its earnings growth outlook as it invests more than $1.6 billion to revitalize and expand its business.
Luxottica Earmarks More Than $1.6 Billion to Speed Up Expansion
Luxottica Group SpA will seek to accelerate growth by investing more than $1.63 billion over the next three years after sales and earnings reached record levels in 2015.
Luxottica Earmarks More Than $1.6 Billion to Speed Up Expansion
Luxottica Group SpA will seek to accelerate growth by investing more than $1.63 billion over the next three years after sales and earnings reached record levels in 2015.
Kate Spade's Same-Store Sales Top Expectations
Kate Spade & Co reported better-than-expected quarterly sales at established stores, driven by demand for its Kate Spade New York line of products.
Kate Spade's Same-Store Sales Top Expectations
Kate Spade & Co reported better-than-expected quarterly sales at established stores, driven by demand for its Kate Spade New York line of products.
Billionaire L’Oreal Family Hires Lazard Banker for Wealth Fund
L’Oreal SA’s biggest investor, the Bettencourt-Meyers family, hired Lazard Ltd. managing partner Alexandre Benais to invest some of the hundreds of millions of euros in dividends paid each year by the cosmetics maker.
Billionaire L’Oreal Family Hires Lazard Banker for Wealth Fund
L’Oreal SA’s biggest investor, the Bettencourt-Meyers family, hired Lazard Ltd. managing partner Alexandre Benais to invest some of the hundreds of millions of euros in dividends paid each year by the cosmetics maker.
JD.Com's Revenue Growth Beats Expectations
JD.com has reported better than expected revenue growth in the last three months of 2015 as volume sales on its platforms jumped despite China's economic slowdown.
JD.Com's Revenue Growth Beats Expectations
JD.com has reported better than expected revenue growth in the last three months of 2015 as volume sales on its platforms jumped despite China's economic slowdown.
Zalando Forecasts 2016 Revenue Growth Near Top End of Range
Zalando SE forecast sales growth near the high end of its projected range this year as it gains more customers.
Zalando Forecasts 2016 Revenue Growth Near Top End of Range
Zalando SE forecast sales growth near the high end of its projected range this year as it gains more customers.
Mideast Online Retailer Souq.com Raises $275 Million from Investors
Souq.com has raised $275 million from a funding round with investors to support its future growth, in the largest-ever fundraising in the Middle East's e-commerce space.
Mideast Online Retailer Souq.com Raises $275 Million from Investors
Souq.com has raised $275 million from a funding round with investors to support its future growth, in the largest-ever fundraising in the Middle East's e-commerce space.
India’s Flipkart Sees Value Cut 27 Percent Amid Startup Shakeout
Indian e-commerce company Flipkart Pvt. had its valuation slashed by a Morgan Stanley fund amid concerns of a shakeout among venture-backed companies.
India’s Flipkart Sees Value Cut 27 Percent Amid Startup Shakeout
Indian e-commerce company Flipkart Pvt. had its valuation slashed by a Morgan Stanley fund amid concerns of a shakeout among venture-backed companies.
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.