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Financial Markets

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

Avon Shares Drop After Analyst Downplays Its Takeover Prospects

Avon Products Inc. shares tumbled as much as 6.8 percent after Canaccord Genuity said the company’s prospects as a takeover target are probably overblown.

Avon Shares Drop After Analyst Downplays Its Takeover Prospects

Avon Products Inc. shares tumbled as much as 6.8 percent after Canaccord Genuity said the company’s prospects as a takeover target are probably overblown.


Zegna to Cut Capital Expenditure in 2016

Ermenegildo Zegna plans to reduce capital expenditure in 2016 after investing in stores globally even as customer traffic declined.

Zegna to Cut Capital Expenditure in 2016

Ermenegildo Zegna plans to reduce capital expenditure in 2016 after investing in stores globally even as customer traffic declined.


Valentino’s Qatari Owner Said to Explore IPO of Designer Company

The Qatari owners of Valentino Fashion Group SpA are exploring options including an initial public offering of the Italian company, according to people with knowledge of the matter.

Valentino’s Qatari Owner Said to Explore IPO of Designer Company

The Qatari owners of Valentino Fashion Group SpA are exploring options including an initial public offering of the Italian company, according to people with knowledge of the matter.


Fast Retailing Tumbles Most in Two Years on Poor Earnings

Fast Retailing Co. fell the most in more than two years after earnings and forecasts missed analyst estimates due to losses at its Uniqlo and J Brand businesses in the US.

Fast Retailing Tumbles Most in Two Years on Poor Earnings

Fast Retailing Co. fell the most in more than two years after earnings and forecasts missed analyst estimates due to losses at its Uniqlo and J Brand businesses in the US.


What's Next for Alexander Wang’s Democratic Empire?

Over the last ten years, Alexander Wang has built a fashion empire with a brand architecture that defies the conventions of traditional luxury strategy. What's his plan for the next decade of his own label?

What's Next for Alexander Wang’s Democratic Empire?

Over the last ten years, Alexander Wang has built a fashion empire with a brand architecture that defies the conventions of traditional luxury strategy. What's his plan for the next decade of his own label?


American Apparel Gets Quick OK for $90 Million in Financing

American Apparel Inc. won quick court approval to tap into loans of as much as $90 million while it tries to reorganise its finances after years of losses.

American Apparel Gets Quick OK for $90 Million in Financing

American Apparel Inc. won quick court approval to tap into loans of as much as $90 million while it tries to reorganise its finances after years of losses.


Nike Sprints Ahead as China Sales Defy Economic Slowdown

Nike Inc's first-quarter profits outpaced expectations as surprisingly steep China growth boosted the sportswear maker.

Nike Sprints Ahead as China Sales Defy Economic Slowdown

Nike Inc's first-quarter profits outpaced expectations as surprisingly steep China growth boosted the sportswear maker.


Lululemon Gains After Morgan Stanley Predicts Earnings Rebound

Lululemon Athletica Inc. shares gained as much as 5.4 percent after Morgan Stanley upgraded the stock, predicting that new management will reinvigorate sales growth and bolster profit margins.

Lululemon Gains After Morgan Stanley Predicts Earnings Rebound

Lululemon Athletica Inc. shares gained as much as 5.4 percent after Morgan Stanley upgraded the stock, predicting that new management will reinvigorate sales growth and bolster profit margins.


Under Armour Expects to Generate $7.5 Billion in Revenue by 2018

Under Armour Inc. expects to reach $7.5 billion in revenue by 2018, lifted by an expansion into new markets.

Under Armour Expects to Generate $7.5 Billion in Revenue by 2018

Under Armour Inc. expects to reach $7.5 billion in revenue by 2018, lifted by an expansion into new markets.


Inditex First-Half Profit Rises on Zara Owner’s Store Expansion

Inditex SA reported first-half profit that matched analysts’ estimates as the Zara owner added more shops and online businesses.

Inditex First-Half Profit Rises on Zara Owner’s Store Expansion

Inditex SA reported first-half profit that matched analysts’ estimates as the Zara owner added more shops and online businesses.


Richemont Sales Growth Accelerates on Japanese, European Demand

Richemont, the world’s biggest jewellery maker, said five-month sales accelerated amid higher demand in Japan and Europe.

Richemont Sales Growth Accelerates on Japanese, European Demand

Richemont, the world’s biggest jewellery maker, said five-month sales accelerated amid higher demand in Japan and Europe.


At Mansur Gavriel, Shoes and the Promise of Categories to Come

Rachel Mansur and Floriana Gavriel, whose accessibly-priced handbags have generated Birkin-esque waiting lists, debuted a new product category at their first proper NYFW presentation.

At Mansur Gavriel, Shoes and the Promise of Categories to Come

Rachel Mansur and Floriana Gavriel, whose accessibly-priced handbags have generated Birkin-esque waiting lists, debuted a new product category at their first proper NYFW presentation.