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.
Target Raises Earnings Forecast after Profit Rises
Target Corp. reported a bigger-than-expected increase in quarterly profit as revenue got a boost from online sales and strong growth in product categories at the centre of its turnaround plan.
Target Raises Earnings Forecast after Profit Rises
Target Corp. reported a bigger-than-expected increase in quarterly profit as revenue got a boost from online sales and strong growth in product categories at the centre of its turnaround plan.
TJX Same-Store Sales Top Estimates as Shoppers Hunt for Deals
TJX Cos Inc reported a bigger-than-expected rise in quarterly comparable store sales as more bargain-hungry shoppers visited its stores for apparel, accessories and home goods.
TJX Same-Store Sales Top Estimates as Shoppers Hunt for Deals
TJX Cos Inc reported a bigger-than-expected rise in quarterly comparable store sales as more bargain-hungry shoppers visited its stores for apparel, accessories and home goods.
Urban Outfitters Meets 3Q Profit Forecasts
Urban Outfitters Inc. on Monday reported fiscal third-quarter earnings of $52 million. The results met Wall Street expectations.
Urban Outfitters Meets 3Q Profit Forecasts
Urban Outfitters Inc. on Monday reported fiscal third-quarter earnings of $52 million. The results met Wall Street expectations.
Urban Outfitters Drops After Announcing Plan to Buy Pizza Chain
Stock fell as much as 10 percent on Monday after Urban Outfitters announced the acquisition of Philadelphia’s Vetri Family group of restaurants.
Urban Outfitters Drops After Announcing Plan to Buy Pizza Chain
Stock fell as much as 10 percent on Monday after Urban Outfitters announced the acquisition of Philadelphia’s Vetri Family group of restaurants.
Giambattista Valli: 'I’m the Only One Who Decides'
While the fashion world debates ‘designer burnout,’ Giambattista Valli has decided to create 12 collections a year in order to maintain his creative independence, not sacrifice it.
Giambattista Valli: 'I’m the Only One Who Decides'
While the fashion world debates ‘designer burnout,’ Giambattista Valli has decided to create 12 collections a year in order to maintain his creative independence, not sacrifice it.
J.C. Penney Sales Beat Estimates, Helped by Sephora
J.C. Penney Co Inc reported better-than-expected quarterly net sales on Friday, helped by demand for home products and footwear and a strong performance by the Sephora beauty shops in its stores.
J.C. Penney Sales Beat Estimates, Helped by Sephora
J.C. Penney Co Inc reported better-than-expected quarterly net sales on Friday, helped by demand for home products and footwear and a strong performance by the Sephora beauty shops in its stores.
Higher Spend on Essentials, Online Bargains Hit US Department Stores
Trouble at Nordstrom may indicate a permanent shift in the way people shop and what they buy, analysts said.
Higher Spend on Essentials, Online Bargains Hit US Department Stores
Trouble at Nordstrom may indicate a permanent shift in the way people shop and what they buy, analysts said.
Ferragamo Falls After Signaling Sales, Profit May Miss Estimates
Salvatore Ferragamo SpA fell as much as 8.1 percent after the Italian luxury shoemaker said full-year sales and profit may miss analysts’ estimates amid weak demand in the US and Hong Kong.
Ferragamo Falls After Signaling Sales, Profit May Miss Estimates
Salvatore Ferragamo SpA fell as much as 8.1 percent after the Italian luxury shoemaker said full-year sales and profit may miss analysts’ estimates amid weak demand in the US and Hong Kong.
Nordstrom Misses Street 3Q Forecasts
Nordstrom Inc. on Thursday reported fiscal third-quarter earnings of $81 million. The results missed Wall Street expectations.
Nordstrom Misses Street 3Q Forecasts
Nordstrom Inc. on Thursday reported fiscal third-quarter earnings of $81 million. The results missed Wall Street expectations.
Fossil Group Tops 3Q Profit Forecasts
Fossil Group Inc. on Thursday reported third-quarter earnings of $57.5 million. The results surpassed Wall Street expectations.
Fossil Group Tops 3Q Profit Forecasts
Fossil Group Inc. on Thursday reported third-quarter earnings of $57.5 million. The results surpassed Wall Street expectations.
Gian Giacomo Ferraris of Versace on Awakening a Sleeping Giant
In our latest CEO Talk, Imran Amed meets the chief executive of Versace to discuss the brand’s planned IPO and taking on the big guns of Italian fashion.
Gian Giacomo Ferraris of Versace on Awakening a Sleeping Giant
In our latest CEO Talk, Imran Amed meets the chief executive of Versace to discuss the brand’s planned IPO and taking on the big guns of Italian fashion.
Burberry, Hermès Signal US Slowdown on Heels of Asian Slump
Hermès International SCA and Burberry Group Plc reported sputtering sales growth in America, adding to the woes of luxury-goods makers already reeling from an Asian slump.
Burberry, Hermès Signal US Slowdown on Heels of Asian Slump
Hermès International SCA and Burberry Group Plc reported sputtering sales growth in America, adding to the woes of luxury-goods makers already reeling from an Asian slump.
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.