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.
Shopify Has Smaller Loss Than Expected in First Post-IPO Results
Shopify Inc. beat analysts’ estimates in its first quarter as a public company as it signed up more users and increased revenue from processing payments.
Shopify Has Smaller Loss Than Expected in First Post-IPO Results
Shopify Inc. beat analysts’ estimates in its first quarter as a public company as it signed up more users and increased revenue from processing payments.
Avon Tops Street 2Q Forecasts
Avon Products Inc. on Thursday reported second-quarter profit of $28.8 million. The results exceeded Wall Street expectations.
Avon Tops Street 2Q Forecasts
Avon Products Inc. on Thursday reported second-quarter profit of $28.8 million. The results exceeded Wall Street expectations.
Revlon Posts 2Q Profit
Revlon Inc. on Wednesday reported second-quarter earnings of $26 million.
Skechers Rises After Overseas Sales Help Profit Beat Estimates
Skechers USA Inc. surged in late trading after second-quarter sales and profit beat analysts’ estimates, helped by new products and robust overseas growth.
Skechers Rises After Overseas Sales Help Profit Beat Estimates
Skechers USA Inc. surged in late trading after second-quarter sales and profit beat analysts’ estimates, helped by new products and robust overseas growth.
Quiksilver Said to Hire Restructuring Adviser Peter J. Solomon
Quiksilver Inc. hired restructuring adviser Peter J. Solomon Co. to help it find financing as the surf-wear chain struggles to turn itself around in a crowded teen-apparel business.
Quiksilver Said to Hire Restructuring Adviser Peter J. Solomon
Quiksilver Inc. hired restructuring adviser Peter J. Solomon Co. to help it find financing as the surf-wear chain struggles to turn itself around in a crowded teen-apparel business.
LVMH Rises After Biggest Profit Boost Since 2012
LVMH Moet Hennessy Louis Vuitton SE rose in Paris trading after the world’s largest luxury-goods maker reported its strongest earnings increase in three years.
LVMH Rises After Biggest Profit Boost Since 2012
LVMH Moet Hennessy Louis Vuitton SE rose in Paris trading after the world’s largest luxury-goods maker reported its strongest earnings increase in three years.
LVMH Earnings Surge as Leather Goods Sales Accelerate
LVMH Moet Hennessy Louis Vuitton SE reported an estimate-beating 15 percent increase in first-half earnings as sales of fashion and leather-goods accelerated and the wines-and-spirits division returned to growth.
LVMH Earnings Surge as Leather Goods Sales Accelerate
LVMH Moet Hennessy Louis Vuitton SE reported an estimate-beating 15 percent increase in first-half earnings as sales of fashion and leather-goods accelerated and the wines-and-spirits division returned to growth.
Next Increases Full-Year Outlook as Warm Weather Boosts Sales
Next Plc, the UK’s second-largest clothing retailer, increased its outlook for full-year sales and profit after first-half revenue exceeded expectations.
Next Increases Full-Year Outlook as Warm Weather Boosts Sales
Next Plc, the UK’s second-largest clothing retailer, increased its outlook for full-year sales and profit after first-half revenue exceeded expectations.
Luxottica Posts Record Q2 Earnings, Confirms Guidance
Luxottica Group SpA, the world’s largest eyewear maker, reported record second-quarter revenue and earnings, boosted by growth in emerging markets.
Luxottica Posts Record Q2 Earnings, Confirms Guidance
Luxottica Group SpA, the world’s largest eyewear maker, reported record second-quarter revenue and earnings, boosted by growth in emerging markets.
Kering Earnings Beat Estimates as Gucci Label Returns to Growth
Kering SA reported first-half earnings that beat analysts’ estimates as sales at the Gucci luxury label grew for the first time in almost two years.
Kering Earnings Beat Estimates as Gucci Label Returns to Growth
Kering SA reported first-half earnings that beat analysts’ estimates as sales at the Gucci luxury label grew for the first time in almost two years.
Italy Luxury Stocks Targeted by Short Sellers on Asia Pessimism
Traders who bet on declining stock prices are targeting Italian luxury-goods companies, a sign that some investors expect disappointing earnings next month.
Italy Luxury Stocks Targeted by Short Sellers on Asia Pessimism
Traders who bet on declining stock prices are targeting Italian luxury-goods companies, a sign that some investors expect disappointing earnings next month.
Amazon Surpasses Wal-Mart as Biggest Retailer by Market Value
Amazon.com Inc. surpassed Wal-Mart Stores Inc. as the world’s biggest retailer by market value after a surprise second-quarter profit sent the e-commerce company’s stock into record territory.
Amazon Surpasses Wal-Mart as Biggest Retailer by Market Value
Amazon.com Inc. surpassed Wal-Mart Stores Inc. as the world’s biggest retailer by market value after a surprise second-quarter profit sent the e-commerce company’s stock into record territory.
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.