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Financial Markets

A financial lens on the fast-changing fashion sector, including markets, investors and deals.

Puma Earnings Top Estimates on Running and Training Shoe Sales

Puma SE reported a smaller drop in third-quarter profit than analysts expected on stronger sales of running and training shoes.

Puma Earnings Top Estimates on Running and Training Shoe Sales

Puma SE reported a smaller drop in third-quarter profit than analysts expected on stronger sales of running and training shoes.


Richemont Earnings Miss Analyst Estimates on Weak Watch Demand

Richemont forecast a challenging second half and reported first-half earnings that trailed analyst estimates amid weak demand for watches.

Richemont Earnings Miss Analyst Estimates on Weak Watch Demand

Richemont forecast a challenging second half and reported first-half earnings that trailed analyst estimates amid weak demand for watches.


Ralph Lauren Profit Tops Estimates as Restructuring Cuts Costs

Ralph Lauren Corp. posted second-quarter profit that exceeded analysts’ estimates as its cost-saving reorganisation efforts begin to show results.

Ralph Lauren Profit Tops Estimates as Restructuring Cuts Costs

Ralph Lauren Corp. posted second-quarter profit that exceeded analysts’ estimates as its cost-saving reorganisation efforts begin to show results.


Coty tops 1Q profit forecasts

Coty Inc. on Thursday reported fiscal first-quarter net income of $125.7 million. The results exceeded Wall Street expectations.

Coty tops 1Q profit forecasts

Coty Inc. on Thursday reported fiscal first-quarter net income of $125.7 million. The results exceeded Wall Street expectations.


Adidas Raises 2015 Forecasts as Profit Beats Analysts’ Estimates

Adidas AG reported third-quarter earnings that topped analysts’ estimates as the German sportswear maker sold more sneakers in western Europe and China.

Adidas Raises 2015 Forecasts as Profit Beats Analysts’ Estimates

Adidas AG reported third-quarter earnings that topped analysts’ estimates as the German sportswear maker sold more sneakers in western Europe and China.


Elizabeth Arden Reports 1Q Loss

Elizabeth Arden Inc. on Wednesday reported a loss of $15.9 million in its fiscal first quarter. The results fell short of Wall Street expectations.

Elizabeth Arden Reports 1Q Loss

Elizabeth Arden Inc. on Wednesday reported a loss of $15.9 million in its fiscal first quarter. The results fell short of Wall Street expectations.


How Chanel's Maureen Chiquet Mentored Eddie Borgo

For five years, the New York-based jewellery designer has turned to Chanel's global chief executive for guidance on everything from choosing investors to launching handbags. Along the way, a genuine friendship was formed.

How Chanel's Maureen Chiquet Mentored Eddie Borgo

For five years, the New York-based jewellery designer has turned to Chanel's global chief executive for guidance on everything from choosing investors to launching handbags. Along the way, a genuine friendship was formed.


Michael Kors Profit Tops Estimates as New Stores Boost Sales

Michael Kors Holdings Ltd. posted second-quarter profit that topped analysts’ estimates as new stores boosted sales.

Michael Kors Profit Tops Estimates as New Stores Boost Sales

Michael Kors Holdings Ltd. posted second-quarter profit that topped analysts’ estimates as new stores boosted sales.


Avon Products’ Shares Tumble After Unexpected Third-Quarter Loss

Avon Products Inc. fell in early trading after posting an unexpected third-quarter loss, hurt by the strong dollar and a new tax in Brazil.

Avon Products’ Shares Tumble After Unexpected Third-Quarter Loss

Avon Products Inc. fell in early trading after posting an unexpected third-quarter loss, hurt by the strong dollar and a new tax in Brazil.


Revlon Posts 3Q Profit

Revlon Inc. on Wednesday reported third-quarter profit of $6.2 million.

Revlon Posts 3Q Profit

Revlon Inc. on Wednesday reported third-quarter profit of $6.2 million.


Etsy Third-Quarter Sales Miss Estimates as Competitors Move In

Etsy Inc. reported third-quarter revenue that fell short of analysts’ estimates, signaling that the online marketplace is struggling to accelerate growth amid increased competition.

Etsy Third-Quarter Sales Miss Estimates as Competitors Move In

Etsy Inc. reported third-quarter revenue that fell short of analysts’ estimates, signaling that the online marketplace is struggling to accelerate growth amid increased competition.


Luxury Market Heading for Weakest Year Since Lehman Crash

The global market for personal luxury goods is heading for its weakest year since 2009 as a combination of stock market turmoil, a strong dollar and a commodity-price rout curb demand.

Luxury Market Heading for Weakest Year Since Lehman Crash

The global market for personal luxury goods is heading for its weakest year since 2009 as a combination of stock market turmoil, a strong dollar and a commodity-price rout curb demand.