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.
Inditex Nine-Month Earnings Rise as Spanish Consumption Rebounds
Inditex SA, the world’s largest clothing retailer, reported a 20 percent gain in nine-month profit boost as Spanish consumption recovered after years of austerity.
Inditex Nine-Month Earnings Rise as Spanish Consumption Rebounds
Inditex SA, the world’s largest clothing retailer, reported a 20 percent gain in nine-month profit boost as Spanish consumption recovered after years of austerity.
Hawkins and Sawiris Forge Investment Partnership, with Adidas in Sights
Egyptian tycoon Nassef Sawiris has formed a partnership with US investor Mason Hawkins to drive change at companies they invest in — and they have sportswear firm Adidas in their sights.
Hawkins and Sawiris Forge Investment Partnership, with Adidas in Sights
Egyptian tycoon Nassef Sawiris has formed a partnership with US investor Mason Hawkins to drive change at companies they invest in — and they have sportswear firm Adidas in their sights.
Uniqlo Operator Fast Retailing Prepares $2 Billion Bond Sale
Billionaire Tadashi Yanai’s Fast Retailing Co., operator of the Uniqlo apparel brand, is preparing to sell as much as 250 billion yen ($2 billion) of bonds next week in its first public debt offering.
Uniqlo Operator Fast Retailing Prepares $2 Billion Bond Sale
Billionaire Tadashi Yanai’s Fast Retailing Co., operator of the Uniqlo apparel brand, is preparing to sell as much as 250 billion yen ($2 billion) of bonds next week in its first public debt offering.
Gap Sales at Established Stores Slide 8 Percent in November
Gap's struggles continued in November, with sales at established stores sliding a worse-than-expected 8 percent.
Gap Sales at Established Stores Slide 8 Percent in November
Gap's struggles continued in November, with sales at established stores sliding a worse-than-expected 8 percent.
Mall Retailers Tumble on Fresh Concerns About Apparel Demand
Shares of Aeropostale Inc., Express Inc. and American Eagle Outfitters Inc. all tumbled on Thursday after earnings results renewed concerns that the market is in a slump.
Mall Retailers Tumble on Fresh Concerns About Apparel Demand
Shares of Aeropostale Inc., Express Inc. and American Eagle Outfitters Inc. all tumbled on Thursday after earnings results renewed concerns that the market is in a slump.
Fast Retailing Hits Two-Week Low as Warm Winter Hurt Japan Sales
Fast Retailing Co. fell to the lowest in two weeks after its Uniqlo chain of casual-wear reported a dip in Japanese same-store sales last month amid “unusually hot weather” that stifled sales of winter clothing.
Fast Retailing Hits Two-Week Low as Warm Winter Hurt Japan Sales
Fast Retailing Co. fell to the lowest in two weeks after its Uniqlo chain of casual-wear reported a dip in Japanese same-store sales last month amid “unusually hot weather” that stifled sales of winter clothing.
PVH Beats 3Q Profit Forecasts
PVH Corp. on Wednesday reported fiscal third-quarter profit of $221.9 million. The results beat Wall Street expectations.
PVH Beats 3Q Profit Forecasts
PVH Corp. on Wednesday reported fiscal third-quarter profit of $221.9 million. The results beat Wall Street expectations.
Aeropostale Reports 3Q Loss
Aeropostale Inc. on Wednesday reported a loss of $26.4 million in its fiscal third quarter. The results topped Wall Street expectations.
Aeropostale Reports 3Q Loss
Aeropostale Inc. on Wednesday reported a loss of $26.4 million in its fiscal third quarter. The results topped Wall Street expectations.
Short Sellers Shopped for Macy's Stock Ahead of Black Friday
Short sellers shopping for overpriced stocks snapped up shares of beleaguered department store Macy's heading into Black Friday.
Short Sellers Shopped for Macy's Stock Ahead of Black Friday
Short sellers shopping for overpriced stocks snapped up shares of beleaguered department store Macy's heading into Black Friday.
G-III Apparel Beats 3Q Profit Forecasts
G-III Apparel Group Ltd. on Wednesday reported fiscal third-quarter earnings of $87.2 million. The results exceeded Wall Street expectations.
G-III Apparel Beats 3Q Profit Forecasts
G-III Apparel Group Ltd. on Wednesday reported fiscal third-quarter earnings of $87.2 million. The results exceeded Wall Street expectations.
Lululemon Drops After FBR Cuts Rating, Citing Heavy Discounting
Lululemon Athletica Inc. tumbled as much as 7 percent after FBR & Co. downgraded the stock, saying the yogawear brand is facing a pileup in inventory and heavier discounting.
Lululemon Drops After FBR Cuts Rating, Citing Heavy Discounting
Lululemon Athletica Inc. tumbled as much as 7 percent after FBR & Co. downgraded the stock, saying the yogawear brand is facing a pileup in inventory and heavier discounting.
Swatch to Start Selling Mobile Payment Watch in US in 2016
Swatch Group AG plans to start selling a timepiece that can make contactless payments in the US, Switzerland and Brazil early next year through an agreement with Visa Inc.
Swatch to Start Selling Mobile Payment Watch in US in 2016
Swatch Group AG plans to start selling a timepiece that can make contactless payments in the US, Switzerland and Brazil early next year through an agreement with Visa Inc.
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.