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.
Puma Profit Tops Estimates as Rihanna-Designed Shoes Boost Sales
Puma SE reported fourth-quarter earnings that topped estimates as singer Rihanna helped sharpen the German sportswear brand’s focus on performance wear and women’s gear.
Puma Profit Tops Estimates as Rihanna-Designed Shoes Boost Sales
Puma SE reported fourth-quarter earnings that topped estimates as singer Rihanna helped sharpen the German sportswear brand’s focus on performance wear and women’s gear.
Swiss Watch Exports Decline as Slowing Economies Weigh on Demand
Swiss watch exports slid for the seventh consecutive month as plummeting stock markets and slowing economies damped demand for luxury timepieces.
Swiss Watch Exports Decline as Slowing Economies Weigh on Demand
Swiss watch exports slid for the seventh consecutive month as plummeting stock markets and slowing economies damped demand for luxury timepieces.
Nicola Formichetti Reveals Nicopanda Expansion Plans
Armed with funding from investors including Agent Provocateur co-founder Serena Rees and CAA, Formichetti and business partner Kevin Kollenda share their plan to create the 'punk Hello Kitty.'
Nicola Formichetti Reveals Nicopanda Expansion Plans
Armed with funding from investors including Agent Provocateur co-founder Serena Rees and CAA, Formichetti and business partner Kevin Kollenda share their plan to create the 'punk Hello Kitty.'
The Growth Conundrum
As key global markets continue to cool, business growth in the luxury sector will be hard won in 2016. But, here are three levers that fashion’s luxury megabrands can employ to drive growth.
The Growth Conundrum
As key global markets continue to cool, business growth in the luxury sector will be hard won in 2016. But, here are three levers that fashion’s luxury megabrands can employ to drive growth.
Fossil Rises After Fourth-Quarter Sales Beat Analyst Estimates
Fossil Group Inc. rose as much as 18 percent in late trading after the watchmaker’s fourth-quarter sales topped analysts’ estimates, helped by new brands and investments in its digital operations.
Fossil Rises After Fourth-Quarter Sales Beat Analyst Estimates
Fossil Group Inc. rose as much as 18 percent in late trading after the watchmaker’s fourth-quarter sales topped analysts’ estimates, helped by new brands and investments in its digital operations.
Point72 Adds to Nike, Sells Amazon in Fourth Quarter
Point72 Asset Management LP added shares of Nike Inc. last quarter, sold stock in Amazon.com Inc. and exited Comcast Corp.’s class A shares.
Point72 Adds to Nike, Sells Amazon in Fourth Quarter
Point72 Asset Management LP added shares of Nike Inc. last quarter, sold stock in Amazon.com Inc. and exited Comcast Corp.’s class A shares.
Turkey’s Iyzico Beats PayPal to Unlock E-Commerce in Iran
Iyzico’s agreement with Tehran-based electronic payments platform PECCO lets its customers process transactions from some 230 million payment cards that until recently weren’t connected to any financial system outside Iran.
Turkey’s Iyzico Beats PayPal to Unlock E-Commerce in Iran
Iyzico’s agreement with Tehran-based electronic payments platform PECCO lets its customers process transactions from some 230 million payment cards that until recently weren’t connected to any financial system outside Iran.
L’Oreal Sales Beat Estimates on Accelerating Growth in Luxury
L’Oreal SA reported revenue that beat analysts’ estimates as sales growth accelerated at its luxury division and in North America.
L’Oreal Sales Beat Estimates on Accelerating Growth in Luxury
L’Oreal SA reported revenue that beat analysts’ estimates as sales growth accelerated at its luxury division and in North America.
Avon Reports 4Q Loss
Avon Products Inc. on Thursday reported a loss of $333.4 million in its fourth quarter.
Avon Reports 4Q Loss
Avon Products Inc. on Thursday reported a loss of $333.4 million in its fourth quarter.
Adidas Sees Higher Profit After 2015 Earnings Beat Estimates
Adidas AG raised its outlook for 2016 amid growth at its Reebok brand and a stronger order book.
Adidas Sees Higher Profit After 2015 Earnings Beat Estimates
Adidas AG raised its outlook for 2016 amid growth at its Reebok brand and a stronger order book.
Amazon to Buy Back $5 Billion of Shares
Amazon.com Inc, the world's largest e-commerce company, said on Wednesday its board authorized a $5 billion share buyback program.
Amazon to Buy Back $5 Billion of Shares
Amazon.com Inc, the world's largest e-commerce company, said on Wednesday its board authorized a $5 billion share buyback program.
J.C. Penney Looking at Sale-Leaseback Deal for Texas Headquarters
Department store operator J.C. Penney Co Inc said it is pursuing a potential sale and partial leaseback of its headquarters in Texas to reduce debt and costs.
J.C. Penney Looking at Sale-Leaseback Deal for Texas Headquarters
Department store operator J.C. Penney Co Inc said it is pursuing a potential sale and partial leaseback of its headquarters in Texas to reduce debt and costs.
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.