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.
Hugo Boss Cuts Forecasts Amid Tough Third Quarter in China, US
Hugo Boss AG cut its sales and earnings forecasts for 2015 amid deteriorating third-quarter results in China and the US.
Hugo Boss Cuts Forecasts Amid Tough Third Quarter in China, US
Hugo Boss AG cut its sales and earnings forecasts for 2015 amid deteriorating third-quarter results in China and the US.
Primark Expands on Rival Zara's Home Turf with Spanish Flagship Store
Primark opened a glitzy new flagship store in Madrid on Thursday, squarely planting the budget fashion retailer in the Spanish backyard of Zara-owner Inditex.
Primark Expands on Rival Zara's Home Turf with Spanish Flagship Store
Primark opened a glitzy new flagship store in Madrid on Thursday, squarely planting the budget fashion retailer in the Spanish backyard of Zara-owner Inditex.
Burberry to Slash CEO Bailey’s Pay Amid Chinese Sales Slump
Burberry Group Plc chief executive officer Christopher Bailey will get a pay cut along with other employees after the UK trenchcoat maker forecast a second year of declining profit.
Burberry to Slash CEO Bailey’s Pay Amid Chinese Sales Slump
Burberry Group Plc chief executive officer Christopher Bailey will get a pay cut along with other employees after the UK trenchcoat maker forecast a second year of declining profit.
Zalando Lowers Profit-Margin Forecast Amid Customer Fraud, Costs
Zalando SE lowered its profit margin forecast for the year as higher delivery costs, marketing spending and lower-than-expected debt collection related to earlier customer fraud weigh on its profitability.
Zalando Lowers Profit-Margin Forecast Amid Customer Fraud, Costs
Zalando SE lowered its profit margin forecast for the year as higher delivery costs, marketing spending and lower-than-expected debt collection related to earlier customer fraud weigh on its profitability.
Burberry First-Half Sales Miss Estimates as Asian Sales Drop
Burberry Group Plc reported first-half revenue that trailed analysts’ estimates as sales declined in Asia.
Burberry First-Half Sales Miss Estimates as Asian Sales Drop
Burberry Group Plc reported first-half revenue that trailed analysts’ estimates as sales declined in Asia.
Nike Expects Sales to Accelerate, Hitting $50 Billion by 2020
Nike Inc. projected that sales gains will accelerate in the next five years, with revenue hitting $50 billion in 2020 as its women’s business doubles.
Nike Expects Sales to Accelerate, Hitting $50 Billion by 2020
Nike Inc. projected that sales gains will accelerate in the next five years, with revenue hitting $50 billion in 2020 as its women’s business doubles.
Wal-Mart CEO Defends Strategy After Outlook Sends Stock Tumbling
Wal-Mart Stores Inc. chief executive officer Doug McMillon defended his attempt to revamp the retailer after a weak profit forecast sent the shares on their biggest decline in more than 15 years.
Wal-Mart CEO Defends Strategy After Outlook Sends Stock Tumbling
Wal-Mart Stores Inc. chief executive officer Doug McMillon defended his attempt to revamp the retailer after a weak profit forecast sent the shares on their biggest decline in more than 15 years.
Wal-Mart Shares Dive 10 Percent on Forecast of Flat Full-Year Sales
Wal-Mart Stores Inc said full-year sales would be flat due to the stronger-than-anticipated impact of the dollar's strength, and that investment in technology and employees would pressure earnings next year.
Wal-Mart Shares Dive 10 Percent on Forecast of Flat Full-Year Sales
Wal-Mart Stores Inc said full-year sales would be flat due to the stronger-than-anticipated impact of the dollar's strength, and that investment in technology and employees would pressure earnings next year.
Prada Should Be Prada
Prada is one of the best known and most loved fashion brands in the world. But its sales, profitability and share price have all taken a dive. Luca Solca asks, what can be done?
Prada Should Be Prada
Prada is one of the best known and most loved fashion brands in the world. But its sales, profitability and share price have all taken a dive. Luca Solca asks, what can be done?
Can This Little Label Ever Play in Lululemon's League?
The latest indie brand to attract investor attention is Outdoor Voices, which announced today that it’s raising $7 million in venture funding in a round led by General Catalyst.
Can This Little Label Ever Play in Lululemon's League?
The latest indie brand to attract investor attention is Outdoor Voices, which announced today that it’s raising $7 million in venture funding in a round led by General Catalyst.
Alibaba to Open Offices in Europe as US Expansion Continues
Alibaba Group Holding Ltd. will open offices in three European countries and expand further in the US, as it seeks to revive growth and reassure jittery investors.
Alibaba to Open Offices in Europe as US Expansion Continues
Alibaba Group Holding Ltd. will open offices in three European countries and expand further in the US, as it seeks to revive growth and reassure jittery investors.
LVMH Third-Quarter Sales Beat Estimates as Europe Offsets China
LVMH reported third-quarter revenue that exceeded analysts’ estimates as growth in Europe and Japan offset a slump in China.
LVMH Third-Quarter Sales Beat Estimates as Europe Offsets China
LVMH reported third-quarter revenue that exceeded analysts’ estimates as growth in Europe and Japan offset a slump in China.
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.