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.
With New CEO, Mary Katrantzou Seeks ‘True Global Scale’
With a business that has grown beyond her signature digital prints and now generates more than $15 million per year, Mary Katrantzou is ready to scale up and exclusively reveals to BoF her future plans and first CEO.
With New CEO, Mary Katrantzou Seeks ‘True Global Scale’
With a business that has grown beyond her signature digital prints and now generates more than $15 million per year, Mary Katrantzou is ready to scale up and exclusively reveals to BoF her future plans and first CEO.
Nike Sales Rise 4.1 Percent as Demand Jumps in North America
Nike Inc. reported a 4.1 percent rise in quarterly revenue as demand rose for its shoes and apparel in North America.
Nike Sales Rise 4.1 Percent as Demand Jumps in North America
Nike Inc. reported a 4.1 percent rise in quarterly revenue as demand rose for its shoes and apparel in North America.
Foot Locker, Finish Line Rise as Athletic-Shoe Demand Increases
Athletic-shoe retailers Foot Locker Inc. and Finish Line Inc. climbed in New York trading after a Bank of America Corp. analyst raised his recommendations on the companies.
Foot Locker, Finish Line Rise as Athletic-Shoe Demand Increases
Athletic-shoe retailers Foot Locker Inc. and Finish Line Inc. climbed in New York trading after a Bank of America Corp. analyst raised his recommendations on the companies.
Rolex Buyers Needn’t Worry as Swiss Put Limit on Anonymous Cash
Switzerland’s government is about to challenge the cash culture with a revised money-laundering law in January that requires due diligence by retailers on all purchases that exceed 100,000 francs — including verifying the buyer’s identity.
Rolex Buyers Needn’t Worry as Swiss Put Limit on Anonymous Cash
Switzerland’s government is about to challenge the cash culture with a revised money-laundering law in January that requires due diligence by retailers on all purchases that exceed 100,000 francs — including verifying the buyer’s identity.
How Primark Is Pushing Into a Cutthroat Retail Landscape
Thanks to aggressive expansion in the UK, Spain, Germany and France, Primark has become a household name for Europeans. Now the company is testing its low-price strategy in the US, the world’s most competitive retail market.
How Primark Is Pushing Into a Cutthroat Retail Landscape
Thanks to aggressive expansion in the UK, Spain, Germany and France, Primark has become a household name for Europeans. Now the company is testing its low-price strategy in the US, the world’s most competitive retail market.
China Women’s Fashion Sites Said to Explore Possible Merger
China’s Meilishuo.com, a fashion retailer backed by Tencent Holdings Ltd., and rival Mogujie.com are discussing ways to cooperate that could include a merger, according to people familiar with the matter.
China Women’s Fashion Sites Said to Explore Possible Merger
China’s Meilishuo.com, a fashion retailer backed by Tencent Holdings Ltd., and rival Mogujie.com are discussing ways to cooperate that could include a merger, according to people familiar with the matter.
Alibaba’s Taobao Signs Up China’s Largest Bad-Loan Manager
Alibaba Group Holding Ltd. has signed up China’s largest bad loans manager to sell troubled assets through its online marketplace as the e-commerce giant seeks to extend its reach beyond retail sales.
Alibaba’s Taobao Signs Up China’s Largest Bad-Loan Manager
Alibaba Group Holding Ltd. has signed up China’s largest bad loans manager to sell troubled assets through its online marketplace as the e-commerce giant seeks to extend its reach beyond retail sales.
H&M Blames Warm Weather Across US and Europe for Sales Miss
Hennes & Mauritz AB reported fourth-quarter revenue that missed analysts’ estimates as unseasonably mild weather weighed on demand in North America and Europe.
H&M Blames Warm Weather Across US and Europe for Sales Miss
Hennes & Mauritz AB reported fourth-quarter revenue that missed analysts’ estimates as unseasonably mild weather weighed on demand in North America and Europe.
Neiman Marcus Same-Store Sales Falls for First Time in Six Years
Neiman Marcus Group Ltd LLC swung to a quarterly loss from a profit a year ago and reported its first drop in same-store sales in six years, the latest blip in the company's roadmap to going public again.
Neiman Marcus Same-Store Sales Falls for First Time in Six Years
Neiman Marcus Group Ltd LLC swung to a quarterly loss from a profit a year ago and reported its first drop in same-store sales in six years, the latest blip in the company's roadmap to going public again.
Saks Woes Send Hudson’s Bay Tumbling After Third-Quarter Loss
Department-store operator Hudson’s Bay Co. fell the most in more than three months after posting an unexpected third-quarter loss, hurt by reduced spending from tourists at its Saks Fifth Avenue chain.
Saks Woes Send Hudson’s Bay Tumbling After Third-Quarter Loss
Department-store operator Hudson’s Bay Co. fell the most in more than three months after posting an unexpected third-quarter loss, hurt by reduced spending from tourists at its Saks Fifth Avenue chain.
Sports Direct Tumbles as Stagnant Sales Raise Strategy Doubts
Sports Direct International Plc shares fell the most in more than four years after sales growth stagnated, raising concern that the retailer’s own brands are losing out to exclusive labels from Nike Inc. and Adidas AG.
Sports Direct Tumbles as Stagnant Sales Raise Strategy Doubts
Sports Direct International Plc shares fell the most in more than four years after sales growth stagnated, raising concern that the retailer’s own brands are losing out to exclusive labels from Nike Inc. and Adidas AG.
Mulberry Ekes Out Profit as New Creative Head Coca Settles in
Mulberry Group Plc said its revival remains on track after digital investment and more efficient practices at its UK factories helped the handbag maker swing to a first-half profit.
Mulberry Ekes Out Profit as New Creative Head Coca Settles in
Mulberry Group Plc said its revival remains on track after digital investment and more efficient practices at its UK factories helped the handbag maker swing to a first-half profit.
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.