Bloomberg

Cucinelli Becomes Billionaire Knitting $1,920 Cashmere Cardigans
MILAN, Italy — Brunello Cucinelli, the 59-year-old founder of the luxury fashion house that bears his name, has become a billionaire.

Cucinelli Becomes Billionaire Knitting $1,920 Cashmere Cardigans
MILAN, Italy — Brunello Cucinelli, the 59-year-old founder of the luxury fashion house that bears his name, has become a billionaire.

TPG Capital, Warburg Pincus Said to Explore Neiman Marcus Exit
NEW YORK, United States — TPG Capital and Warburg Pincus LLC are exploring a sale or public offering of Neiman Marcus Group Inc. eight years after

TPG Capital, Warburg Pincus Said to Explore Neiman Marcus Exit
NEW YORK, United States — TPG Capital and Warburg Pincus LLC are exploring a sale or public offering of Neiman Marcus Group Inc. eight years after

Barneys CEO Lee Takes Anti-Penney Approach to Turnaround
NEW YORK, United States — At a time when department stores are chopping themselves into mini-malls — J.C. Penney Co. being the most prominent example

Barneys CEO Lee Takes Anti-Penney Approach to Turnaround
NEW YORK, United States — At a time when department stores are chopping themselves into mini-malls — J.C. Penney Co. being the most prominent example

Adidas Net Beats Estimates as Profitability Widens to Record
HERZOGENAURACH, Germany — Adidas AG, the world's second-largest sporting-goods maker, reported first-quarter profit that beat analysts' estimates and

Adidas Net Beats Estimates as Profitability Widens to Record
HERZOGENAURACH, Germany — Adidas AG, the world's second-largest sporting-goods maker, reported first-quarter profit that beat analysts' estimates and

Hugo Boss Quarterly Operating Profit Drops 11 Percent
METZINGEN, Germany — Hugo Boss AG said first-quarter operating profit fell 11 percent as the German luxury-clothing maker changed its collection

Hugo Boss Quarterly Operating Profit Drops 11 Percent
METZINGEN, Germany — Hugo Boss AG said first-quarter operating profit fell 11 percent as the German luxury-clothing maker changed its collection

Asos Plans New China Entry as First-Half Profit Gains 19 Percent
LONDON, United Kingdom — Asos Plc, the U.K.'s largest online-only fashion retailer, said it plans to start a new website in China next financial year

Asos Plans New China Entry as First-Half Profit Gains 19 Percent
LONDON, United Kingdom — Asos Plc, the U.K.'s largest online-only fashion retailer, said it plans to start a new website in China next financial year

Factory Collapse Spurs Concern Only If $6 Bikinis Stay
In the wake of disasters in Bangladesh garment factories that have claimed hundreds of lives in recent months, shoppers in the West have shown growing concern about worker safety in developing countries. As long as it doesn’t mean an end to bargains.

Factory Collapse Spurs Concern Only If $6 Bikinis Stay
In the wake of disasters in Bangladesh garment factories that have claimed hundreds of lives in recent months, shoppers in the West have shown growing concern about worker safety in developing countries. As long as it doesn’t mean an end to bargains.

Jones Group to Close 170 Shops, Cutting Workforce by 8 Percent
NEW YORK, United States — Jones Group Inc., the owner of the Jones New York, Nine West and Anne Klein fashion brands, will close 170 stores and cut 8

Jones Group to Close 170 Shops, Cutting Workforce by 8 Percent
NEW YORK, United States — Jones Group Inc., the owner of the Jones New York, Nine West and Anne Klein fashion brands, will close 170 stores and cut 8

PPR Acquires Italian Jeweler Pomellato to Boost Luxury Offering
PARIS, France — PPR SA, the French owner of Gucci and sporting goods maker Puma SE, said it will buy a majority stake in Italy's Pomellato from

PPR Acquires Italian Jeweler Pomellato to Boost Luxury Offering
PARIS, France — PPR SA, the French owner of Gucci and sporting goods maker Puma SE, said it will buy a majority stake in Italy's Pomellato from

Billabong Extends Talks With Sycamore for A$287 Million Takeover
SYDNEY, Australia — Billabong International Ltd., Australia's largest surfwear company, agreed to extend exclusive talks with a group led by a former

Billabong Extends Talks With Sycamore for A$287 Million Takeover
SYDNEY, Australia — Billabong International Ltd., Australia's largest surfwear company, agreed to extend exclusive talks with a group led by a former