Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
ipo
Retail
Russian Web Retailer Ulmart Aims to Raise $1bn IPO
Ulmart, Russia’s largest online retailer, plans to sell $1 billion of shares in an initial public offering next year to fund expansion in the country’s e-commerce market.
Russian Web Retailer Ulmart Aims to Raise $1bn IPO
Ulmart, Russia’s largest online retailer, plans to sell $1 billion of shares in an initial public offering next year to fund expansion in the country’s e-commerce market.
Technology
Bits & Bytes | Nasty Gal, Menswear, Wearables, Etsy
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Bits & Bytes | Nasty Gal, Menswear, Wearables, Etsy
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Financial Markets
Alibaba Falls Below $100 in Post-Holiday Slump
Alibaba Group Holding Ltd., China’s biggest e-commerce company, fell for a fourth day in New York, extending a retreat from its November high as the peak shopping season ended and investors await quarterly results expected next month.
Alibaba Falls Below $100 in Post-Holiday Slump
Alibaba Group Holding Ltd., China’s biggest e-commerce company, fell for a fourth day in New York, extending a retreat from its November high as the peak shopping season ended and investors await quarterly results expected next month.
Global Markets
Online Marketplace Etsy Said to Target U.S. IPO
Etsy Inc., the global marketplace for handmade and vintage goods is planning an initial public offering that could take place as soon as this quarter.
Online Marketplace Etsy Said to Target U.S. IPO
Etsy Inc., the global marketplace for handmade and vintage goods is planning an initial public offering that could take place as soon as this quarter.
Financial Markets
Zalando Regains IPO Price as Online Retailer Nears Profitability
Zalando SE traded above its initial public offering price for the first time since last month’s stock market debut after Europe’s largest online fashion retailer forecast it will end the year “slightly profitable.”
Zalando Regains IPO Price as Online Retailer Nears Profitability
Zalando SE traded above its initial public offering price for the first time since last month’s stock market debut after Europe’s largest online fashion retailer forecast it will end the year “slightly profitable.”
Financial Markets
Net-a-Porter Owner Said to Consider 2015 IPO
Cie. Financiere Richemont SA is considering an initial public offering of online retailer Net-a-Porter as soon as next year, people with knowledge of the situation said.
Net-a-Porter Owner Said to Consider 2015 IPO
Cie. Financiere Richemont SA is considering an initial public offering of online retailer Net-a-Porter as soon as next year, people with knowledge of the situation said.
Financial Markets
Rocket Internet IPO Propped Up By Underwriting Bank
Proceeds from the listing of Rocket Internet shares were lowered to around 1.4 billion euros ($1.75 bln), from an initially targeted 1.6 billion euros, regulatory filings to the Frankfurt Stock Exchange late on Friday show.
Rocket Internet IPO Propped Up By Underwriting Bank
Proceeds from the listing of Rocket Internet shares were lowered to around 1.4 billion euros ($1.75 bln), from an initially targeted 1.6 billion euros, regulatory filings to the Frankfurt Stock Exchange late on Friday show.
Financial Markets
Remo Ruffini, Chairman and Chief Executive Officer, Moncler
PARIS, France — In the week prior to my meeting with Remo Ruffini, the enigmatic chief executive of Moncler, his company's stock price dropped by
Remo Ruffini, Chairman and Chief Executive Officer, Moncler
PARIS, France — In the week prior to my meeting with Remo Ruffini, the enigmatic chief executive of Moncler, his company's stock price dropped by
Global Markets
As IPO Markets Stumble, Private Equity Buyers Prepare to Swoop
LONDON, United Kingdom — Across Europe, companies hoping to list are having their plans dashed by plunging equity prices. But what's bad for public
As IPO Markets Stumble, Private Equity Buyers Prepare to Swoop
LONDON, United Kingdom — Across Europe, companies hoping to list are having their plans dashed by plunging equity prices. But what's bad for public
Global Markets
Rocket Shares Fall After Germany’s Biggest IPO Since 2007
BERLIN, Germany — Rocket Internet AG, the German company known for replicating businesses from Groupon Inc. to Airbnb Inc., fell on its first day of
Rocket Shares Fall After Germany’s Biggest IPO Since 2007
BERLIN, Germany — Rocket Internet AG, the German company known for replicating businesses from Groupon Inc. to Airbnb Inc., fell on its first day of
Global Markets
Zalando Shares Surge in Online Fashion Retailer’s Trading Debut
FRANKFURT, Germany — Zalando SE surged as much as 14 percent on its trading debut in Frankfurt, as Europe's largest online fashion retailer kicked
Zalando Shares Surge in Online Fashion Retailer’s Trading Debut
FRANKFURT, Germany — Zalando SE surged as much as 14 percent on its trading debut in Frankfurt, as Europe's largest online fashion retailer kicked
Financial Markets
Jimmy Choo to Begin London IPO Next Month
Jimmy Choo Ltd. will begin an initial public offering in London next month after owner JAB Holdings approved plans to sell a stake in the maker of $1,995 Lust peep-toe sandals.
Jimmy Choo to Begin London IPO Next Month
Jimmy Choo Ltd. will begin an initial public offering in London next month after owner JAB Holdings approved plans to sell a stake in the maker of $1,995 Lust peep-toe sandals.
The News in Brief
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.
Missoni Family Exits Namesake Brand
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Ross Stores Forecasts Annual Sales Above Estimates on Resilient Demand for Discounted Apparel
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.