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.
Kohl’s Rises After Third-Quarter Profit Tops Analysts’ Estimates
Kohl’s Corp. rose as much as 11 percent in early trading after posting third-quarter profit and sales that topped analysts’ estimates.
Kohl’s Rises After Third-Quarter Profit Tops Analysts’ Estimates
Kohl’s Corp. rose as much as 11 percent in early trading after posting third-quarter profit and sales that topped analysts’ estimates.
Burberry to Reduce Size of Hong Kong Flagship Store Amid Slump
Burberry Group Plc is to scale back its biggest store in Hong Kong as it seeks to mitigate slumping demand in the island city.
Burberry to Reduce Size of Hong Kong Flagship Store Amid Slump
Burberry Group Plc is to scale back its biggest store in Hong Kong as it seeks to mitigate slumping demand in the island city.
Burberry Beats Estimates as Luxury Maker Battles Tough Backdrop
Burberry Group Plc reported first-half profit that beat analysts’ estimates as cost savings helped offset slowing revenue growth.
Burberry Beats Estimates as Luxury Maker Battles Tough Backdrop
Burberry Group Plc reported first-half profit that beat analysts’ estimates as cost savings helped offset slowing revenue growth.
Hermès Third-Quarter Revenue Rises on Japanese Luxury Growth
Hermès International SCA said third-quarter sales rose 15 percent as Chinese tourists taking advantage of the weak yen fueled demand in Japan.
Hermès Third-Quarter Revenue Rises on Japanese Luxury Growth
Hermès International SCA said third-quarter sales rose 15 percent as Chinese tourists taking advantage of the weak yen fueled demand in Japan.
Alibaba Singles’ Day Draws Record Sales Amid Economic Concerns
Alibaba Group Holding Ltd. flexed its e-commerce muscle by logging a record 91.2 billion yuan ($14.3 billion) in sales during its Singles’ Day promotion.
Alibaba Singles’ Day Draws Record Sales Amid Economic Concerns
Alibaba Group Holding Ltd. flexed its e-commerce muscle by logging a record 91.2 billion yuan ($14.3 billion) in sales during its Singles’ Day promotion.
Yoox Net-a-Porter Raises Savings Estimate Amid Merger Benefits
Yoox Net-a-Porter SpA raised its estimate for annual cost savings as it reported its first quarterly earnings since the merger that created the company.
Yoox Net-a-Porter Raises Savings Estimate Amid Merger Benefits
Yoox Net-a-Porter SpA raised its estimate for annual cost savings as it reported its first quarterly earnings since the merger that created the company.
Alibaba to Invest in US Startups as Part of Expansion Plan
HANGZHOU, China — Alibaba Group Holding Ltd. will invest in startups in the U.S. and help bring them to China as part of its expansion plan, said
Alibaba to Invest in US Startups as Part of Expansion Plan
HANGZHOU, China — Alibaba Group Holding Ltd. will invest in startups in the U.S. and help bring them to China as part of its expansion plan, said
Macy’s Sales Trail Estimates Amid Sluggish Demand for Apparel
Macy’s Inc., the largest U.S. department-store company, posted third-quarter sales that missed analysts’ estimates amid sluggish demand for apparel.
Macy’s Sales Trail Estimates Amid Sluggish Demand for Apparel
Macy’s Inc., the largest U.S. department-store company, posted third-quarter sales that missed analysts’ estimates amid sluggish demand for apparel.
Alibaba Says Singles' Day Sales Surpass Last Year's $9.3 Billion Total
Alibaba Group Holdings Ltd said on Wednesday the value of merchandise it has sold so far during the Singles' Day online shopping extravaganza had surpassed last year's total of $9.3 billion.
Alibaba Says Singles' Day Sales Surpass Last Year's $9.3 Billion Total
Alibaba Group Holdings Ltd said on Wednesday the value of merchandise it has sold so far during the Singles' Day online shopping extravaganza had surpassed last year's total of $9.3 billion.
Pandora Third-Quarter Earnings Miss Estimates on US Slowdown
Pandora A/S reported third-quarter earnings that missed estimates as the Danish jeweler’s US sales growth weakened due to a change in promotional strategy.
Pandora Third-Quarter Earnings Miss Estimates on US Slowdown
Pandora A/S reported third-quarter earnings that missed estimates as the Danish jeweler’s US sales growth weakened due to a change in promotional strategy.
Macy’s, Kohl’s Tumble After Citigroup Warns of ‘Tough Quarter’
Shares of Macy’s Inc. and Kohl’s Corp. declined after Citigroup Inc. cut its earnings estimates for the companies, saying the industry is suffering from a sales slowdown and inventory glut.
Macy’s, Kohl’s Tumble After Citigroup Warns of ‘Tough Quarter’
Shares of Macy’s Inc. and Kohl’s Corp. declined after Citigroup Inc. cut its earnings estimates for the companies, saying the industry is suffering from a sales slowdown and inventory glut.
Handbag Industry Tightens Purse Strings to Cope With Slow Sales
Michael Kors Holdings Ltd., Kate Spade & Co. and Coach Inc. all topped analysts’ earnings estimates for the past quarter after the retailers cut costs and reduced discounts.
Handbag Industry Tightens Purse Strings to Cope With Slow Sales
Michael Kors Holdings Ltd., Kate Spade & Co. and Coach Inc. all topped analysts’ earnings estimates for the past quarter after the retailers cut costs and reduced discounts.
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.