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.
Fast Retailing 9-Month Profit Surges 52% on Uniqlo Sales
Fast Retailing Co.’s profit increased 52 percent in the nine months ending May as Uniqlo sales grew in Japan, boosted by the popularity of new products such as a hoodie that protects against the sun.
Fast Retailing 9-Month Profit Surges 52% on Uniqlo Sales
Fast Retailing Co.’s profit increased 52 percent in the nine months ending May as Uniqlo sales grew in Japan, boosted by the popularity of new products such as a hoodie that protects against the sun.
Global Fashion Raises €150 Million, Valuing It at €3.1 Billion
Global Fashion Group has raised 150 million euros ($166.52 million) in funding, valuing the possible stock market flotation candidate at 3.1 billion euros ($3.45 billion).
Global Fashion Raises €150 Million, Valuing It at €3.1 Billion
Global Fashion Group has raised 150 million euros ($166.52 million) in funding, valuing the possible stock market flotation candidate at 3.1 billion euros ($3.45 billion).
Alibaba Group in Talks to Buy Stake in India's Paytm
Chinese e-commerce giant Alibaba Group Holding Ltd is in advanced talks to invest in Indian online payment platform and e-commerce firm Paytm, two sources with knowledge of the matter said.
Alibaba Group in Talks to Buy Stake in India's Paytm
Chinese e-commerce giant Alibaba Group Holding Ltd is in advanced talks to invest in Indian online payment platform and e-commerce firm Paytm, two sources with knowledge of the matter said.
Nike Exceeds Profit Estimates on New Products and Athleisure Trend
Nike Inc.’s fourth-quarter profit topped analysts’ estimates, helped by new product releases and strong sales growth in North America, its largest market.
Nike Exceeds Profit Estimates on New Products and Athleisure Trend
Nike Inc.’s fourth-quarter profit topped analysts’ estimates, helped by new product releases and strong sales growth in North America, its largest market.
How Pigalle Plans to Shed the ‘Streetwear’ Label and Preserve Its Uniqueness
As he prepares to show his Spring/Summer 2016 collection, Pigalle designer Stephane Ashpool discusses his recent ANDAM nomination and the future of the business.
How Pigalle Plans to Shed the ‘Streetwear’ Label and Preserve Its Uniqueness
As he prepares to show his Spring/Summer 2016 collection, Pigalle designer Stephane Ashpool discusses his recent ANDAM nomination and the future of the business.
Why Under Armour CEO’s Power Play Looks Like Bad Governance
Plank gladly accepted investors’ money when he took Under Armour public in 2005, but since then he’s maintained control through an increasingly complex setup of multiple stock classes.
Why Under Armour CEO’s Power Play Looks Like Bad Governance
Plank gladly accepted investors’ money when he took Under Armour public in 2005, but since then he’s maintained control through an increasingly complex setup of multiple stock classes.
Prada Hurt by Strong Pound, Says CFO
According to Prada Chief Financial Officer Donatello Galli, the strong pound is hurting the Italian luxury-goods maker’s earnings.
Prada Hurt by Strong Pound, Says CFO
According to Prada Chief Financial Officer Donatello Galli, the strong pound is hurting the Italian luxury-goods maker’s earnings.
Prada Profit Tumbles as Luxury-Goods Maker Struggles in China
Prada SpA reported first-quarter profit that trailed analysts’ estimates as the Italian fashion house struggled to reverse a slump in sales in China.
Prada Profit Tumbles as Luxury-Goods Maker Struggles in China
Prada SpA reported first-quarter profit that trailed analysts’ estimates as the Italian fashion house struggled to reverse a slump in sales in China.
Abercrombie Gains as Analyst Sees Growing Faith in Sales Rebound
Abercrombie & Fitch Co. shares gained as much as 6.9 percent after a Susquehanna Financial Group analyst said there was increasing confidence that sales will bounce back this year.
Abercrombie Gains as Analyst Sees Growing Faith in Sales Rebound
Abercrombie & Fitch Co. shares gained as much as 6.9 percent after a Susquehanna Financial Group analyst said there was increasing confidence that sales will bounce back this year.
Inditex Q1 Net Jumps as Zara Owner Adds More Stores
Inditex SA said first-quarter profit jumped 28 percent, the fastest growth pace in more than two years as the Zara owner opened more stores and benefited from the weak euro.
Inditex Q1 Net Jumps as Zara Owner Adds More Stores
Inditex SA said first-quarter profit jumped 28 percent, the fastest growth pace in more than two years as the Zara owner opened more stores and benefited from the weak euro.
Quiksilver Reports 2Q Loss
Quiksilver Inc. on Tuesday reported a loss of $37.6 million in its fiscal second quarter. The results missed Wall Street expectations.
Quiksilver Reports 2Q Loss
Quiksilver Inc. on Tuesday reported a loss of $37.6 million in its fiscal second quarter. The results missed Wall Street expectations.
Lululemon Profit Exceeds Estimates as High Fashion Boosts Sales
Lululemon Athletica Inc., the yogawear maker, boosted its full-year outlook and reported first-quarter profit that topped analysts’ estimates as fashion-focused merchandise boosted sales.
Lululemon Profit Exceeds Estimates as High Fashion Boosts Sales
Lululemon Athletica Inc., the yogawear maker, boosted its full-year outlook and reported first-quarter profit that topped analysts’ estimates as fashion-focused merchandise boosted sales.
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.