US Economy Unexpectedly Loses Jobs in February; Unemployment Rate Rises to 4.4%
The decline in nonfarm payrolls reported by the Labor Department in its employment report on Friday was the sixth since January 2025 and the second largest.
earnings-report
Financial Markets
Farfetch Sales Jump in First Results Since IPO
Sales on the online marketplace rose 53 percent to $310 million in the third quarter, outpacing overall luxury spending. The company credits the addition of new brands and strong growth in key emerging markets, including China, Mexico and the Middle East.
Farfetch Sales Jump in First Results Since IPO
Sales on the online marketplace rose 53 percent to $310 million in the third quarter, outpacing overall luxury spending. The company credits the addition of new brands and strong growth in key emerging markets, including China, Mexico and the Middle East.
Financial Markets
Will Farfetch's First Earnings Match the Hype?
This week, everyone will be talking about Farfetch's first financial results as a public company, the Victoria's Secret fashion show and the winner of the CFDA/Vogue Fashion Fund's $400,000 prize. Read our BoF Professional Cheat Sheet.
Will Farfetch's First Earnings Match the Hype?
This week, everyone will be talking about Farfetch's first financial results as a public company, the Victoria's Secret fashion show and the winner of the CFDA/Vogue Fashion Fund's $400,000 prize. Read our BoF Professional Cheat Sheet.
Financial Markets
North America Drives Sales Increase at SMCP
The owner of Sandro, Maje and Claudie Pierlot posted a 14 percent rise in third-quarter sales, with the US overtaking Asia as its biggest driver of growth.
North America Drives Sales Increase at SMCP
The owner of Sandro, Maje and Claudie Pierlot posted a 14 percent rise in third-quarter sales, with the US overtaking Asia as its biggest driver of growth.
Financial Markets
Amazon Shares Dip After Sales Miss
The e-commerce behemoth came short of Wall Street projections for its quarterly sales and lowered its revenue forecast for the holiday season.
Amazon Shares Dip After Sales Miss
The e-commerce behemoth came short of Wall Street projections for its quarterly sales and lowered its revenue forecast for the holiday season.
Luxury
LVMH Third Quarter Sales Boosted by Fashion and Leather Goods
The results offer an encouraging sign for a luxury goods sector gripped by fears of a slowdown in China.
LVMH Third Quarter Sales Boosted by Fashion and Leather Goods
The results offer an encouraging sign for a luxury goods sector gripped by fears of a slowdown in China.
Retail
Will Fashion's Retail Boom Last?
A new fashion cycle is pushing consumers to update their wardrobes with items like palazzo pants and distressed denim, breathing new life into struggling mall retailers.
Will Fashion's Retail Boom Last?
A new fashion cycle is pushing consumers to update their wardrobes with items like palazzo pants and distressed denim, breathing new life into struggling mall retailers.
Financial Markets
Lululemon Gains Steam as New Chief Executive Takes the Reins
With a 47 percent percent jump in e-commerce sales in constant currency, the Vancouver-based company is cashing in on its revamped website and direct-marketing efforts.
Lululemon Gains Steam as New Chief Executive Takes the Reins
With a 47 percent percent jump in e-commerce sales in constant currency, the Vancouver-based company is cashing in on its revamped website and direct-marketing efforts.
Financial Markets
PVH Profit Up 38 Percent in Second Quarter
Calvin Klein's sales rose 18 percent in the reported quarter, while Tommy Hilfiger reported sales growth of 15 percent.
PVH Profit Up 38 Percent in Second Quarter
Calvin Klein's sales rose 18 percent in the reported quarter, while Tommy Hilfiger reported sales growth of 15 percent.
Financial Markets
Brunello Cucinelli Sees More Double-Digit Growth in the Future
Sales and core profit at the group, known globally for its plush cashmere designs, have consistently increased in the last six years.
Brunello Cucinelli Sees More Double-Digit Growth in the Future
Sales and core profit at the group, known globally for its plush cashmere designs, have consistently increased in the last six years.
Retail
Nike, Adidas and Uniqlo Face Off at the US Open
This week, everyone will be talking about what Serena Williams and Roger Federer are wearing on and off the court at the US Open, the health of shopping malls and the stores inside them. Read our BoF Professional Cheat Sheet.
Nike, Adidas and Uniqlo Face Off at the US Open
This week, everyone will be talking about what Serena Williams and Roger Federer are wearing on and off the court at the US Open, the health of shopping malls and the stores inside them. Read our BoF Professional Cheat Sheet.
Financial Markets
Old Navy Can’t Save Gap This Time as Weakness Sparks Stock Drop
Gap stores posted same-store sales that fell 5 percent last quarter.
Old Navy Can’t Save Gap This Time as Weakness Sparks Stock Drop
Gap stores posted same-store sales that fell 5 percent last quarter.
Financial Markets
Walmart and Target Showcase Retail's 'Renaissance'
Headwinds battering retailers in recent months have prompted the best of the bunch — a group that also includes Nordstrom and Kohl’s — to up their game.
Walmart and Target Showcase Retail's 'Renaissance'
Headwinds battering retailers in recent months have prompted the best of the bunch — a group that also includes Nordstrom and Kohl’s — to up their game.
The News in Brief
Asics Buys Marathon Registration Platforms to Boost Running-Shoe Sales
The Japanese sportswear brand is accelerating global expansion by acquiring race-registration platforms to deepen engagement with runners.
Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
Fashion Startup Founder Pleads Guilty in $300 Million Fraud
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
Victoria’s Secret Forecasts Its Best Year Since L Brands Split
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.
Uniqlo Aims to Grow Tenfold in India With Summer-Centric Clothes
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Oasis Pressures Kao in Latest Japan Activist Investor Push
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.
American Eagle Forecasts Sales Growth Above Estimates on Demand From Wealthy Shoppers
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.