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.
J.C. Penney Posts Smaller Loss as Sephora, Menswear Drive Sales
J.C. Penney Co. posted a second-quarter loss that was smaller than analysts estimated as sales of men’s clothing and Sephora cosmetics boosted sales.
J.C. Penney Posts Smaller Loss as Sephora, Menswear Drive Sales
J.C. Penney Co. posted a second-quarter loss that was smaller than analysts estimated as sales of men’s clothing and Sephora cosmetics boosted sales.
Nordstrom Rises After Full-Year Profit Forecast Tops Estimates
Nordstrom Inc. rose in late trading after forecasting full-year profit that exceeded analysts’ estimates, helped by strengthening sales.
Nordstrom Rises After Full-Year Profit Forecast Tops Estimates
Nordstrom Inc. rose in late trading after forecasting full-year profit that exceeded analysts’ estimates, helped by strengthening sales.
Coty Beats Street 4Q Forecasts
Coty Inc. on Thursday reported fiscal fourth-quarter net income of $21 million, after reporting a loss in the same period a year earlier. The results beat Wall Street expectations.
Coty Beats Street 4Q Forecasts
Coty Inc. on Thursday reported fiscal fourth-quarter net income of $21 million, after reporting a loss in the same period a year earlier. The results beat Wall Street expectations.
Amazon Lures Investors Back From Alibaba
China is no longer in vogue with e- commerce investors, as money returns to the U.S. and Amazon.com Inc. following a brief fling with Alibaba Group Holding Ltd. and its 367 million customers.
Amazon Lures Investors Back From Alibaba
China is no longer in vogue with e- commerce investors, as money returns to the U.S. and Amazon.com Inc. following a brief fling with Alibaba Group Holding Ltd. and its 367 million customers.
Macy’s Profit Trails Estimates on Discounts to Clear Inventory
Macy’s Inc., the largest U.S. department-store chain, posted second-quarter earnings that missed analysts’ estimates as the retailer relied on discounts to clear seasonal inventory delayed at the West Coast Ports.
Macy’s Profit Trails Estimates on Discounts to Clear Inventory
Macy’s Inc., the largest U.S. department-store chain, posted second-quarter earnings that missed analysts’ estimates as the retailer relied on discounts to clear seasonal inventory delayed at the West Coast Ports.
American Apparel Posts Wider Preliminary Loss Amid Lender Talks
American Apparel Inc. posted a wider second-quarter loss in a preliminary earnings statement and said it won’t be able to report official figures on time because its management is engaged in talks with lenders.
American Apparel Posts Wider Preliminary Loss Amid Lender Talks
American Apparel Inc. posted a wider second-quarter loss in a preliminary earnings statement and said it won’t be able to report official figures on time because its management is engaged in talks with lenders.
Fossil Group Beats 2Q Profit Forecasts
Fossil Group Inc. on Tuesday reported second-quarter net income of $54.6 million. The results surpassed Wall Street expectations.
Fossil Group Beats 2Q Profit Forecasts
Fossil Group Inc. on Tuesday reported second-quarter net income of $54.6 million. The results surpassed Wall Street expectations.
Do 'Accessible Luxury' Brands Have an Inherently Limited Lifespan?
Affordable luxury brands can be financial juggernauts. But does their accessible pricing and widespread distribution mean they have an inherently limited lifespan?
Do 'Accessible Luxury' Brands Have an Inherently Limited Lifespan?
Affordable luxury brands can be financial juggernauts. But does their accessible pricing and widespread distribution mean they have an inherently limited lifespan?
Prada First-Half Sales Miss Estimates as China’s Slump Persists
Prada SpA reported first-half revenue that missed analysts’ estimates as demand for its handbags and wallets in Hong Kong and Macau continued to wane.
Prada First-Half Sales Miss Estimates as China’s Slump Persists
Prada SpA reported first-half revenue that missed analysts’ estimates as demand for its handbags and wallets in Hong Kong and Macau continued to wane.
China's JD.Com Posts 61 Percent Rise in Quarterly Revenues
JD.com Inc. reported a 61 percent year-on-year rise in quarterly revenue, topping expectations, powered by a jump in the number of shoppers and goods bought on its platform.
China's JD.Com Posts 61 Percent Rise in Quarterly Revenues
JD.com Inc. reported a 61 percent year-on-year rise in quarterly revenue, topping expectations, powered by a jump in the number of shoppers and goods bought on its platform.
Elizabeth Arden reports 4Q loss
Elizabeth Arden Inc. on Thursday reported a loss of $108.1 million in its fiscal fourth quarter. The results fell short of Wall Street expectations.
Elizabeth Arden reports 4Q loss
Elizabeth Arden Inc. on Thursday reported a loss of $108.1 million in its fiscal fourth quarter. The results fell short of Wall Street expectations.
Michael Kors Beats Earnings Estimates After Overseas Sales Grow
Michael Kors Holdings Ltd. posted first-quarter earnings that topped analysts’ estimates after overseas expansion helped make up for a slump in North America.
Michael Kors Beats Earnings Estimates After Overseas Sales Grow
Michael Kors Holdings Ltd. posted first-quarter earnings that topped analysts’ estimates after overseas expansion helped make up for a slump in North America.
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.