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.
Is There Still Hope for Fashion Crowdfunding?
With new equity crowdfunding regulations now in place, some fashion labels and platforms see new potential in the model.
Is There Still Hope for Fashion Crowdfunding?
With new equity crowdfunding regulations now in place, some fashion labels and platforms see new potential in the model.
Amazon Challenger Jet.com Announces $350 Million Investment
E-commerce startup Jet.com announced a $350 million cash infusion led by Fidelity Investments, providing money to help the company attract customers during its first holiday shopping season.
Amazon Challenger Jet.com Announces $350 Million Investment
E-commerce startup Jet.com announced a $350 million cash infusion led by Fidelity Investments, providing money to help the company attract customers during its first holiday shopping season.
Guess Tops 3Q Profit Forecasts
Guess Inc. on Tuesday reported fiscal third-quarter earnings of $12.4 million. The results beat Wall Street expectations.
Guess Tops 3Q Profit Forecasts
Guess Inc. on Tuesday reported fiscal third-quarter earnings of $12.4 million. The results beat Wall Street expectations.
Avon Shares Soar After Citigroup Points to Signs of Turnaround
Avon Products Inc.’s stock jumped as much as 28 percent, its biggest gain in more than four decades, after Citigroup Inc. raised its rating on the beleaguered cosmetics company.
Avon Shares Soar After Citigroup Points to Signs of Turnaround
Avon Products Inc.’s stock jumped as much as 28 percent, its biggest gain in more than four decades, after Citigroup Inc. raised its rating on the beleaguered cosmetics company.
Tiffany Profit Trails Estimates as Strong Dollar Hurt Sales
Tiffany & Co. posted third-quarter profit that trailed analysts’ estimates and cut its forecast for earnings this year as the strong dollar weighs on revenue.
Tiffany Profit Trails Estimates as Strong Dollar Hurt Sales
Tiffany & Co. posted third-quarter profit that trailed analysts’ estimates and cut its forecast for earnings this year as the strong dollar weighs on revenue.
Hugo Boss Says Sales Next Year Will Miss Forecast on US, China
Hugo Boss AG said sales next year will miss a long-term target of high single-digit growth as demand continues to slump in the US and China.
Hugo Boss Says Sales Next Year Will Miss Forecast on US, China
Hugo Boss AG said sales next year will miss a long-term target of high single-digit growth as demand continues to slump in the US and China.
Retail Stocks Rally After Ross, Foot Locker Beat Sales Estimates
Retail stocks rallied on Friday after Ross Stores Inc., Abercrombie & Fitch Co. and Foot Locker Inc. reported better-than-expected sales, giving a boost to an industry that’s been battered in recent weeks.
Retail Stocks Rally After Ross, Foot Locker Beat Sales Estimates
Retail stocks rallied on Friday after Ross Stores Inc., Abercrombie & Fitch Co. and Foot Locker Inc. reported better-than-expected sales, giving a boost to an industry that’s been battered in recent weeks.
Abercrombie Shares Rise After Third-Quarter Sales Top Estimates
Abercrombie & Fitch Co. soared as much as 22 percent in early trading after third-quarter revenue topped analysts’ estimates, helped by rebounding sales at its Hollister unit.
Abercrombie Shares Rise After Third-Quarter Sales Top Estimates
Abercrombie & Fitch Co. soared as much as 22 percent in early trading after third-quarter revenue topped analysts’ estimates, helped by rebounding sales at its Hollister unit.
Gap Cuts Annual Profit Forecast as Its Sales Continue to Slide
Gap Inc., the largest apparel-focused retailer in the US, cut its full-year profit forecast after declining sales and heavy discounting dragged down results.
Gap Cuts Annual Profit Forecast as Its Sales Continue to Slide
Gap Inc., the largest apparel-focused retailer in the US, cut its full-year profit forecast after declining sales and heavy discounting dragged down results.
Perry Ellis Tops 3Q Profit Forecasts
Perry Ellis International Inc. on Thursday reported fiscal third-quarter net income of $2.3 million, after reporting a loss in the same period a year earlier.
Perry Ellis Tops 3Q Profit Forecasts
Perry Ellis International Inc. on Thursday reported fiscal third-quarter net income of $2.3 million, after reporting a loss in the same period a year earlier.
L Brands Tops 3Q Profit Forecasts
L Brands Inc. on Wednesday reported fiscal third-quarter net income of $164 million. The results surpassed Wall Street expectations.
L Brands Tops 3Q Profit Forecasts
L Brands Inc. on Wednesday reported fiscal third-quarter net income of $164 million. The results surpassed Wall Street expectations.
Mr Price Slides as Profit Growth Slows on Weaker Consumer Spend
Mr Price Group Ltd., a South African clothing and household goods retailer, said first-half profit and sales rose at a slower pace than a year earlier as consumer spending remained muted amid high unemployment and an economic slowdown.
Mr Price Slides as Profit Growth Slows on Weaker Consumer Spend
Mr Price Group Ltd., a South African clothing and household goods retailer, said first-half profit and sales rose at a slower pace than a year earlier as consumer spending remained muted amid high unemployment and an economic slowdown.
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.