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.
J.C. Penney Results Raise Concerns About Comeback
J.C. Penney Co. shares tumbled the most in six months after first-quarter sales growth trailed analysts’ estimates, raising doubts about the department store chain’s attempted turnaround.
J.C. Penney Results Raise Concerns About Comeback
J.C. Penney Co. shares tumbled the most in six months after first-quarter sales growth trailed analysts’ estimates, raising doubts about the department store chain’s attempted turnaround.
Nordstrom Outlet Stores Help Fuel Growth
Nordstrom Inc. posted first-quarter sales that exceeded analysts’ estimates after its Rack discount outlets and e-commerce orders helped boost results.
Nordstrom Outlet Stores Help Fuel Growth
Nordstrom Inc. posted first-quarter sales that exceeded analysts’ estimates after its Rack discount outlets and e-commerce orders helped boost results.
Perry Ellis Beats 1Q profit Forecasts
Perry Ellis International Inc. on Thursday reported fiscal first-quarter earnings of $9.4 million. The results exceeded Wall Street expectations.
Perry Ellis Beats 1Q profit Forecasts
Perry Ellis International Inc. on Thursday reported fiscal first-quarter earnings of $9.4 million. The results exceeded Wall Street expectations.
Kohl's Tops 1Q Profit Forecasts
Kohl's Corp. on Thursday reported fiscal first-quarter earnings of $127 million. The results beat Wall Street expectations.
Kohl's Tops 1Q Profit Forecasts
Kohl's Corp. on Thursday reported fiscal first-quarter earnings of $127 million. The results beat Wall Street expectations.
Macy's Profit Misses Estimates on Strong Dollar, Port Strike
Macy's Inc reported a lower-than-expected quarterly profit due to a strong dollar that hurt foreign tourist spending in the United States and disruptions at West Coast ports that held up imports.
Macy's Profit Misses Estimates on Strong Dollar, Port Strike
Macy's Inc reported a lower-than-expected quarterly profit due to a strong dollar that hurt foreign tourist spending in the United States and disruptions at West Coast ports that held up imports.
Ralph Lauren Tops Street 4Q Forecasts
Ralph Lauren Corp. on Wednesday reported fiscal fourth-quarter profit of $124 million. The results topped Wall Street expectations.
Ralph Lauren Tops Street 4Q Forecasts
Ralph Lauren Corp. on Wednesday reported fiscal fourth-quarter profit of $124 million. The results topped Wall Street expectations.
Zalando Q1 Sales Grow 29 Percent on Spring Clothes Demand
Zalando SE’s first-quarter sales rose 29 percent as Europe’s largest online fashion retailer posted a second straight quarterly profit.
Zalando Q1 Sales Grow 29 Percent on Spring Clothes Demand
Zalando SE’s first-quarter sales rose 29 percent as Europe’s largest online fashion retailer posted a second straight quarterly profit.
A Pricing Conundrum
The Savigny Luxury Index (“SLI”) fell sharply this month, losing more than two percent, driven by disappointing first quarter results.
A Pricing Conundrum
The Savigny Luxury Index (“SLI”) fell sharply this month, losing more than two percent, driven by disappointing first quarter results.
Elizabeth Arden Reports 3Q Loss
Elizabeth Arden Inc. on Thursday reported a loss of $34.4 million in its fiscal third quarter.
Elizabeth Arden Reports 3Q Loss
Elizabeth Arden Inc. on Thursday reported a loss of $34.4 million in its fiscal third quarter.
Op-Ed | Share Value Across the Whole Fashion Supply Chain
Sharing value and productivity across the fashion supply chain would help improve working conditions and wages — as well as boost profits — says John Thorbeck.
Op-Ed | Share Value Across the Whole Fashion Supply Chain
Sharing value and productivity across the fashion supply chain would help improve working conditions and wages — as well as boost profits — says John Thorbeck.
Revlon Reports 1Q Loss
Revlon Inc. on Thursday reported a first-quarter loss of $900,000, after reporting a profit in the same period a year earlier.
Revlon Reports 1Q Loss
Revlon Inc. on Thursday reported a first-quarter loss of $900,000, after reporting a profit in the same period a year earlier.
Kate Spade Reports 1Q Loss
Kate Spade & Co. on Thursday reported a first-quarter loss of $55.2 million, after reporting a profit in the same period a year earlier.
Kate Spade Reports 1Q Loss
Kate Spade & Co. on Thursday reported a first-quarter loss of $55.2 million, after reporting a profit in the same period a year earlier.
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.