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.
Lululemon Profit Tops Estimates as Winter Clothes Lift Sales
Lululemon Athletica Inc., the yogawear retailer, reported fourth-quarter earnings that topped analysts’ estimates as winter clothes drew customers during the holiday season.
Lululemon Profit Tops Estimates as Winter Clothes Lift Sales
Lululemon Athletica Inc., the yogawear retailer, reported fourth-quarter earnings that topped analysts’ estimates as winter clothes drew customers during the holiday season.
Adidas Boosts Shareholder Payout, Forecasts 15 Percent Profit Rise
Adidas AG forecast net income will grow about 15 percent on average each year through 2020 and pledged to pay out a bigger proportion of profit to shareholders.
Adidas Boosts Shareholder Payout, Forecasts 15 Percent Profit Rise
Adidas AG forecast net income will grow about 15 percent on average each year through 2020 and pledged to pay out a bigger proportion of profit to shareholders.
Peter Pilotto Raises First Investment
BoF can exclusively reveal that womenswear label Peter Pilotto has secured investment from MH Luxe and Megha Mittal. BoF sits down with designers Peter Pilotto and Christopher de Vos to find out how the duo pushed beyond prints to build one of London’s most successful young fashion businesses.
Peter Pilotto Raises First Investment
BoF can exclusively reveal that womenswear label Peter Pilotto has secured investment from MH Luxe and Megha Mittal. BoF sits down with designers Peter Pilotto and Christopher de Vos to find out how the duo pushed beyond prints to build one of London’s most successful young fashion businesses.
Hermès to Pay Bonus Dividend After Profit Rises on Americas
Hermès International SCA announced a bonus dividend and said 2014 earnings climbed 7 percent as the French maker of Birkin bags sold more high-margin leather goods in the Americas.
Hermès to Pay Bonus Dividend After Profit Rises on Americas
Hermès International SCA announced a bonus dividend and said 2014 earnings climbed 7 percent as the French maker of Birkin bags sold more high-margin leather goods in the Americas.
Jumei Poised for Best Monthly Gain after Business Model Shift
Jumei International Holding Ltd. is on track for the biggest monthly gain on record as investors project higher sales growth after the Chinese e-commerce company improved quality controls and boosted its image.
Jumei Poised for Best Monthly Gain after Business Model Shift
Jumei International Holding Ltd. is on track for the biggest monthly gain on record as investors project higher sales growth after the Chinese e-commerce company improved quality controls and boosted its image.
Tiffany Beats 4Q Profit Forecasts
Tiffany & Co. on Friday reported fiscal fourth-quarter net income of $196.2 million, after reporting a loss in the same period a year earlier.
Tiffany Beats 4Q Profit Forecasts
Tiffany & Co. on Friday reported fiscal fourth-quarter net income of $196.2 million, after reporting a loss in the same period a year earlier.
Guess Tops Fourth Quarter Profit Forecasts
Guess Inc. on Wednesday reported fiscal fourth-quarter earnings of $53.9 million.
Guess Tops Fourth Quarter Profit Forecasts
Guess Inc. on Wednesday reported fiscal fourth-quarter earnings of $53.9 million.
Hugo Boss $2.7 Billion Return is the Biggest for Permira
Fashion retailer Hugo Boss, an investment emblematic of the difficulties facing its private-equity owner Permira Advisers during the financial crisis, proved to be one of the company’s biggest winners of recent years.
Hugo Boss $2.7 Billion Return is the Biggest for Permira
Fashion retailer Hugo Boss, an investment emblematic of the difficulties facing its private-equity owner Permira Advisers during the financial crisis, proved to be one of the company’s biggest winners of recent years.
Permira Said to Double Returns as It Exits Stake in Hugo Boss
Buyout firm Permira Advisers is set to make about twice its original investment in Hugo Boss AG as it sells its remaining stake in the German retailer.
Permira Said to Double Returns as It Exits Stake in Hugo Boss
Buyout firm Permira Advisers is set to make about twice its original investment in Hugo Boss AG as it sells its remaining stake in the German retailer.
Target’s Shares Lift to All-Time High
Target's stock hit an all-time high on Monday as the discount retailer moves forward with shuttering its unprofitable operation in Canada and the fallout recedes from its damaging 2013 data breach.
Target’s Shares Lift to All-Time High
Target's stock hit an all-time high on Monday as the discount retailer moves forward with shuttering its unprofitable operation in Canada and the fallout recedes from its damaging 2013 data breach.
Aeropostale Reports 4Q Loss
Aeropostale Inc. on Thursday reported a loss of $13.5 million in its fiscal fourth quarter.
Aeropostale Reports 4Q Loss
Aeropostale Inc. on Thursday reported a loss of $13.5 million in its fiscal fourth quarter.
Revlon Posts 4Q Profit
Revlon Inc. on Thursday reported fourth-quarter net income of $2.7 million, after reporting a loss in the same period a year earlier.
Revlon Posts 4Q Profit
Revlon Inc. on Thursday reported fourth-quarter net income of $2.7 million, after reporting a loss 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.