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.
Shop.ca Weighs IPO within next Year after Raising Cash
Canadian e-commerce start-up Shop.ca is looking at going public within the next year to take advantage of robust investor appetite for the country's technology sector.
Shop.ca Weighs IPO within next Year after Raising Cash
Canadian e-commerce start-up Shop.ca is looking at going public within the next year to take advantage of robust investor appetite for the country's technology sector.
A Bumpy Ride
The Savigny Luxury Index (“SLI”) ended the month of May up shy of one percent after a bumpy ride, whilst the MSCI World Index (“MSCI”) climbed two percent.
A Bumpy Ride
The Savigny Luxury Index (“SLI”) ended the month of May up shy of one percent after a bumpy ride, whilst the MSCI World Index (“MSCI”) climbed two percent.
G-III Apparel Rising on Strong 1Q Results, Boosted Outlook
Shares of G-III Apparel Group Ltd. are surging in Wednesday pre-market trading following a strong quarterly performance and raised full-year forecast on strong sales of Calvin Klein and other brands.
G-III Apparel Rising on Strong 1Q Results, Boosted Outlook
Shares of G-III Apparel Group Ltd. are surging in Wednesday pre-market trading following a strong quarterly performance and raised full-year forecast on strong sales of Calvin Klein and other brands.
Vera Bradley Reports 1Q Loss
Vera Bradley Inc. on Wednesday reported a fiscal first-quarter loss of $4.1 million, after reporting a profit in the same period a year earlier.
Vera Bradley Reports 1Q Loss
Vera Bradley Inc. on Wednesday reported a fiscal first-quarter loss of $4.1 million, after reporting a profit in the same period a year earlier.
Ascena Retail Misses Street 3Q Forecasts
Ascena Retail Group Inc. on Tuesday reported fiscal third-quarter net income of $24.4 million. The results fell short of Wall Street expectations.
Ascena Retail Misses Street 3Q Forecasts
Ascena Retail Group Inc. on Tuesday reported fiscal third-quarter net income of $24.4 million. The results fell short of Wall Street expectations.
Guess Tops 1Q Profit Forecasts
Guess Inc. on Tuesday reported fiscal first-quarter profit of $3.3 million. The results surpassed Wall Street expectations.
Guess Tops 1Q Profit Forecasts
Guess Inc. on Tuesday reported fiscal first-quarter profit of $3.3 million. The results surpassed Wall Street expectations.
Softbank Invests $1B in South Korean Online Retailer Coupang
South Korean online shopping site Coupang has secured a $1 billion investment from Japanese Internet company Softbank Corp.
Softbank Invests $1B in South Korean Online Retailer Coupang
South Korean online shopping site Coupang has secured a $1 billion investment from Japanese Internet company Softbank Corp.
The Little-Known Owner of Juicy Couture Is on an Acquisition Spree
Authentic Brands Group, the little-known name behind such well-known apparel labels as Juicy Couture and Tapout, is gobbling up brands through acquisitions and asserting itself as a force in the apparel world.
The Little-Known Owner of Juicy Couture Is on an Acquisition Spree
Authentic Brands Group, the little-known name behind such well-known apparel labels as Juicy Couture and Tapout, is gobbling up brands through acquisitions and asserting itself as a force in the apparel world.
Abercrombie Posts Wider Loss as Currency Hampers Turnaround
Abercrombie & Fitch Co. posted a wider first-quarter loss after currency fluctuations hampered attempts to turn around the business.
Abercrombie Posts Wider Loss as Currency Hampers Turnaround
Abercrombie & Fitch Co. posted a wider first-quarter loss after currency fluctuations hampered attempts to turn around the business.
Strong Dollar Hits Tiffany's Quarterly Sales
Tiffany & Co reported a 5 percent fall in quarterly sales as a strong dollar discouraged tourists from spending in its US stores and reduced the value of overseas sales.
Strong Dollar Hits Tiffany's Quarterly Sales
Tiffany & Co reported a 5 percent fall in quarterly sales as a strong dollar discouraged tourists from spending in its US stores and reduced the value of overseas sales.
Michael Kors Beats 4Q Profit Forecasts
Michael Kors Holdings Ltd. on Wednesday reported fiscal fourth-quarter net income of $182.6 million. The results topped Wall Street expectations.
Michael Kors Beats 4Q Profit Forecasts
Michael Kors Holdings Ltd. on Wednesday reported fiscal fourth-quarter net income of $182.6 million. The results topped Wall Street expectations.
China Cuts Import Tax on Clothes, Other Goods
China has announced it will cut import taxes on clothing, cosmetics and some other goods by half in a new tactic to spur consumer spending.
China Cuts Import Tax on Clothes, Other Goods
China has announced it will cut import taxes on clothing, cosmetics and some other goods by half in a new tactic to spur consumer spending.
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.