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.
Ann Inc. Tops 1Q Profit Forecasts
Ann Inc. (ANN) on Friday reported fiscal first-quarter profit of $13.6 million.
Ann Inc. Tops 1Q Profit Forecasts
Ann Inc. (ANN) on Friday reported fiscal first-quarter profit of $13.6 million.
Aeropostale Reports Q1 Loss
Aeropostale Inc. on Thursday reported a loss of $45.3 million in its fiscal first quarter. The results fell short of Wall Street expectations.
Aeropostale Reports Q1 Loss
Aeropostale Inc. on Thursday reported a loss of $45.3 million in its fiscal first quarter. The results fell short of Wall Street expectations.
Gap Meets Estimates as Old Navy Helps Prop Up Retailer
Gap Inc. posted first-quarter profit that met analysts’ estimates after its Old Navy chain helped make up for sluggish sales at its other divisions.
Gap Meets Estimates as Old Navy Helps Prop Up Retailer
Gap Inc. posted first-quarter profit that met analysts’ estimates after its Old Navy chain helped make up for sluggish sales at its other divisions.
Richemont’s April Sales Unexpectedly Drop Ahead of Price Changes
Richemont reported an unexpected decline in April sales as retailers delayed purchases in anticipation of price adjustments.
Richemont’s April Sales Unexpectedly Drop Ahead of Price Changes
Richemont reported an unexpected decline in April sales as retailers delayed purchases in anticipation of price adjustments.
L Brands Tops Q1 Profit Forecasts
L Brands Inc. on Wednesday reported fiscal first-quarter earnings of $250.5 million. The results topped Wall Street expectations.
L Brands Tops Q1 Profit Forecasts
L Brands Inc. on Wednesday reported fiscal first-quarter earnings of $250.5 million. The results topped Wall Street expectations.
Target Q1 Profit Tops Estimates
Target Corp reported a larger-than-expected increase in first-quarter profit as revenues got a boost from online sales and a program to narrow its product focus.
Target Q1 Profit Tops Estimates
Target Corp reported a larger-than-expected increase in first-quarter profit as revenues got a boost from online sales and a program to narrow its product focus.
Burberry Sees Increased Uncertainty as Annual Profit Declines
Burberry Group Plc reported a 1 percent decline in annual earnings as the strength of sterling and decelerating sales in Hong Kong weighed on margins.
Burberry Sees Increased Uncertainty as Annual Profit Declines
Burberry Group Plc reported a 1 percent decline in annual earnings as the strength of sterling and decelerating sales in Hong Kong weighed on margins.
Marks & Spencer to Commence Buyback as Profit Starts to Recover
Marks & Spencer Group Plc said it will begin its first stock buyback program since 2008 as the UK retailer charts a recovery after three years of declining earnings.
Marks & Spencer to Commence Buyback as Profit Starts to Recover
Marks & Spencer Group Plc said it will begin its first stock buyback program since 2008 as the UK retailer charts a recovery after three years of declining earnings.
Urban Outfitters Misses 1Q Forecasts
Urban Outfitters Inc. on Monday reported fiscal first-quarter earnings of $32.8 million. The results fell short of Wall Street expectations.
Urban Outfitters Misses 1Q Forecasts
Urban Outfitters Inc. on Monday reported fiscal first-quarter earnings of $32.8 million. The results fell short of Wall Street expectations.
Ascena Agrees to Buy Ann Taylor Owner for $2.16 Billion
Ascena Retail Group Inc. agreed to buy Ann Inc. for about $2.16 billion, adding the Ann Taylor and Loft chains to its collection of women’s apparel brands.
Ascena Agrees to Buy Ann Taylor Owner for $2.16 Billion
Ascena Retail Group Inc. agreed to buy Ann Inc. for about $2.16 billion, adding the Ann Taylor and Loft chains to its collection of women’s apparel brands.
FBI Looking into Suspicious Bid for Avon
The Federal Bureau of Investigation is probing the suspicious buyout bid for cosmetics company Avon Products Inc by purported acquirer PTG Capital Partners, an agency official said on Friday.
FBI Looking into Suspicious Bid for Avon
The Federal Bureau of Investigation is probing the suspicious buyout bid for cosmetics company Avon Products Inc by purported acquirer PTG Capital Partners, an agency official said on Friday.
Retailers Dealing with Myriad of Issues
A range of retail shares, including Kohl's Corp., J.C. Penney Co. and Target Corp., are falling as most other markets were posting gains.
Retailers Dealing with Myriad of Issues
A range of retail shares, including Kohl's Corp., J.C. Penney Co. and Target Corp., are falling as most other markets were posting gains.
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.