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.
Adidas Profit Misses Estimates as Demand Lags Last Year’s Cup
Adidas AG reported profit that missed analysts’ estimates as the maker of Lionel Messi soccer cleats couldn’t match demand spurred by last summer’s World Cup.
Adidas Profit Misses Estimates as Demand Lags Last Year’s Cup
Adidas AG reported profit that missed analysts’ estimates as the maker of Lionel Messi soccer cleats couldn’t match demand spurred by last summer’s World Cup.
Jeff Bezos Sells More Than $500 Million in Amazon Shares
Amazon.com Inc.’s soaring stock price helped to boost proceeds from the sale of 1 million shares by chief executive officer Jeff Bezos this week, helping him reap more than $500 million.
Jeff Bezos Sells More Than $500 Million in Amazon Shares
Amazon.com Inc.’s soaring stock price helped to boost proceeds from the sale of 1 million shares by chief executive officer Jeff Bezos this week, helping him reap more than $500 million.
Inditex Surge Takes Zara Owner’s Market Value Past $100 Billion
Inditex SA has joined the $100 billion club as this year’s 36 percent gain in the shares gave the Zara owner a market value enjoyed by only about 80 companies worldwide.
Inditex Surge Takes Zara Owner’s Market Value Past $100 Billion
Inditex SA has joined the $100 billion club as this year’s 36 percent gain in the shares gave the Zara owner a market value enjoyed by only about 80 companies worldwide.
Ralph Lauren Profit Tops Estimates After Push to Reduce Expenses
Ralph Lauren Corp., the upscale apparel company known for Polo and other brands, posted earnings that topped analysts’ estimates after a push to revamp the business and reduce expenses.
Ralph Lauren Profit Tops Estimates After Push to Reduce Expenses
Ralph Lauren Corp., the upscale apparel company known for Polo and other brands, posted earnings that topped analysts’ estimates after a push to revamp the business and reduce expenses.
Kate Spade Misses Street 2Q Forecasts
Kate Spade & Co. on Wednesday reported second-quarter net income of $8.5 million, after reporting a loss in the same period a year earlier.
Kate Spade Misses Street 2Q Forecasts
Kate Spade & Co. on Wednesday reported second-quarter net income of $8.5 million, after reporting a loss in the same period a year earlier.
Luxury Retailer Neiman Marcus Files for IPO Valued at $100M
Neiman Marcus Group Inc filed with US regulators on Tuesday for an initial public offering, the second time in two years it has unveiled plans to go public.
Luxury Retailer Neiman Marcus Files for IPO Valued at $100M
Neiman Marcus Group Inc filed with US regulators on Tuesday for an initial public offering, the second time in two years it has unveiled plans to go public.
Coach Earnings Beat Estimates After New Items Attract Shoppers
Coach Inc., the largest US luxury-handbag maker, posted fourth-quarter earnings that exceeded analysts’ estimates after new products helped stem a sales decline.
Coach Earnings Beat Estimates After New Items Attract Shoppers
Coach Inc., the largest US luxury-handbag maker, posted fourth-quarter earnings that exceeded analysts’ estimates after new products helped stem a sales decline.
Slump at Coach and Michael Kors to Continue, Analysts Say
Shares of Coach Inc. and Michael Kors Holdings Ltd. took a hit on Monday after analysts warned that slumping sales will probably continue.
Slump at Coach and Michael Kors to Continue, Analysts Say
Shares of Coach Inc. and Michael Kors Holdings Ltd. took a hit on Monday after analysts warned that slumping sales will probably continue.
JD Sports Shares Hit Record High as Profit Set to Beat Estimates
JD Sports Fashion Plc, one of the UK’s leading sportswear retailers, rose to the highest since the company’s 1996 initial public offering after saying profit will be ahead of analysts’ projections.
JD Sports Shares Hit Record High as Profit Set to Beat Estimates
JD Sports Fashion Plc, one of the UK’s leading sportswear retailers, rose to the highest since the company’s 1996 initial public offering after saying profit will be ahead of analysts’ projections.
L’Oreal Sales Trail Estimates as Growth Slows in New Markets
L’Oreal SA reported second-quarter sales that trailed analysts’ estimates as a slowdown in emerging markets led to a worse-than-expected performance in its mass-market and high-end beauty products divisions.
L’Oreal Sales Trail Estimates as Growth Slows in New Markets
L’Oreal SA reported second-quarter sales that trailed analysts’ estimates as a slowdown in emerging markets led to a worse-than-expected performance in its mass-market and high-end beauty products divisions.
L'Oreal Says Sales Growth to Accelerate in H2
French cosmetics group L'Oreal sees sales growth accelerating in the second half as demand in Western Europe and the United States improves.
L'Oreal Says Sales Growth to Accelerate in H2
French cosmetics group L'Oreal sees sales growth accelerating in the second half as demand in Western Europe and the United States improves.
Will Havaianas’ Product Extensions Work?
From its origins making $2 footwear for plantation workers, the Brazilian flip-flop brand has expanded into more than 100 countries and launched new product categories including beachwear and sneakers.
Will Havaianas’ Product Extensions Work?
From its origins making $2 footwear for plantation workers, the Brazilian flip-flop brand has expanded into more than 100 countries and launched new product categories including beachwear and sneakers.
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.