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.
Coty Beats Street 3Q Forecasts
Coty Inc. on Thursday reported fiscal third-quarter net income of $75.5 million, after reporting a loss in the same period a year earlier.
Coty Beats Street 3Q Forecasts
Coty Inc. on Thursday reported fiscal third-quarter net income of $75.5 million, after reporting a loss in the same period a year earlier.
Adidas Under Fire From Investors Despite Strong Quarter
Adidas shareholders took aim at the management of the German sportswear company on Thursday, not convinced a new strategy would be enough to challenge the dominance of rival Nike.
Adidas Under Fire From Investors Despite Strong Quarter
Adidas shareholders took aim at the management of the German sportswear company on Thursday, not convinced a new strategy would be enough to challenge the dominance of rival Nike.
JD.Com Retreats Before Earnings as Chinese Stocks Drop in US
JD.com Inc. slumped the most in three months as investors moved to lock in profits before the company’s earnings report.
JD.Com Retreats Before Earnings as Chinese Stocks Drop in US
JD.com Inc. slumped the most in three months as investors moved to lock in profits before the company’s earnings report.
Fossil Shares Fall on Impact From Stronger Dollar
Shares of Fossil Group fell Wednesday following weak quarterly revenue results and a disappointing outlook as a stronger dollar continues to cut into company's financial results.
Fossil Shares Fall on Impact From Stronger Dollar
Shares of Fossil Group fell Wednesday following weak quarterly revenue results and a disappointing outlook as a stronger dollar continues to cut into company's financial results.
Puma Lowers Profit Forecast as Dollar’s Advance Weighs on Margin
Puma cut its full-year profit forecast as the German sports-gear maker struggles to contend with the strengthening of the dollar against most major currencies.
Puma Lowers Profit Forecast as Dollar’s Advance Weighs on Margin
Puma cut its full-year profit forecast as the German sports-gear maker struggles to contend with the strengthening of the dollar against most major currencies.
Adidas Earnings Top Estimates as Turnaround Plan Begins
Adidas AG reported first-quarter earnings that topped estimates as outgoing Chief Executive Officer Herbert Hainer lays the groundwork for a turnaround.
Adidas Earnings Top Estimates as Turnaround Plan Begins
Adidas AG reported first-quarter earnings that topped estimates as outgoing Chief Executive Officer Herbert Hainer lays the groundwork for a turnaround.
Rocket Internet Posts 31 Percent Rise in Portfolio Value Since IPO
Rocket Internet reported on Tuesday that the loan portfolio value of its investments has risen by 2.0 billion euros ($2.23 billion) since its initial public offering last October.
Rocket Internet Posts 31 Percent Rise in Portfolio Value Since IPO
Rocket Internet reported on Tuesday that the loan portfolio value of its investments has risen by 2.0 billion euros ($2.23 billion) since its initial public offering last October.
Finnish Cosmetics Maker Lumene Names Unilever Veteran as CEO
Lumene Oy, a Finnish maker of cosmetics made out of wild berries, named a Unilever NV haircare manager as chief executive officer in a bid to expand abroad.
Finnish Cosmetics Maker Lumene Names Unilever Veteran as CEO
Lumene Oy, a Finnish maker of cosmetics made out of wild berries, named a Unilever NV haircare manager as chief executive officer in a bid to expand abroad.
Next Beats Estimates, Sales Boosted by Warm Weather
Next Plc reported first-quarter sales that beat estimates, a performance boosted by an earlier release of the company’s summer brochure and a spell of warm weather.
Next Beats Estimates, Sales Boosted by Warm Weather
Next Plc reported first-quarter sales that beat estimates, a performance boosted by an earlier release of the company’s summer brochure and a spell of warm weather.
Coach Tumbles After Another Plunge in North American Sales
Coach Inc. fell as much as 8.2 percent in early trading after North American sales plunged last quarter, a sign its comeback plan isn’t yet gaining traction.
Coach Tumbles After Another Plunge in North American Sales
Coach Inc. fell as much as 8.2 percent in early trading after North American sales plunged last quarter, a sign its comeback plan isn’t yet gaining traction.
Richemont Warns of Annual Profit Slump After Derivative Losses
Cie. Financiere Richemont SA said profit for the financial year just ended dropped about 36 percent because of losses on financial instruments.
Richemont Warns of Annual Profit Slump After Derivative Losses
Cie. Financiere Richemont SA said profit for the financial year just ended dropped about 36 percent because of losses on financial instruments.
Online Fashion Marketplace Poshmark Raises $25 Million Funding Round
The fashion marketplace announced on Tuesday that it has raised $25 million in venture funding, bringing its total funding to $47.2 million.
Online Fashion Marketplace Poshmark Raises $25 Million Funding Round
The fashion marketplace announced on Tuesday that it has raised $25 million in venture funding, bringing its total funding to $47.2 million.
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.