Agenda-setting intelligence, analysis and advice for the global fashion community.
Brazilian apparel retailer Lojas Renner is preparing to launch a roughly 4.5 billion reais ($806 million) share offering, financial blog Brazil Journal reported on Friday.
The company plans to use the proceeds to fund its growth plan, including potential mergers and acquisitions.
Shares rose more the 8 percent in the afternoon trading session.
By Carolina Mandl; Editing by Chris Reese
While $1.75 billion in court-approved funding has brought labels back to the fold, the real test for vendors will come when that temporary safety net vanishes later this year.
A growing number of mass and premium brands are pushing upmarket with a more luxe look, better materials and, often, higher prices. This case study unpacks how these labels are navigating the tricky challenge of elevating a brand.
Brands from Prada to Abercrombie & Fitch will provide clarity on how the fashion industry is approaching the newly uncertain trade landscape. Plus, a preview of Paris Fashion Week.
The goods come from more than 380 brands, including Burberry and those owned by luxury powerhouses LVMH and Kering.
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Strong growth at Miu Miu helped lift results, but the Italian luxury group said that integrating Versace will weigh on margins in the near term as it begins the turnaround of the struggling brand
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.
