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.
ipo
Technology
Farfetch Surpasses $8 Billion Valuation in Early Trading
Farfetch is getting a warm reception on Wall Street, where its shares shot up more than 42 percent on Friday morning.
Farfetch Surpasses $8 Billion Valuation in Early Trading
Farfetch is getting a warm reception on Wall Street, where its shares shot up more than 42 percent on Friday morning.
Global Markets
Ahead of IPO, Farfetch Pushes Into Modest Dressing
The London-based marketplace is entering a global partnership with modest luxury retailer The Modist.
Ahead of IPO, Farfetch Pushes Into Modest Dressing
The London-based marketplace is entering a global partnership with modest luxury retailer The Modist.
Technology
Bits & Bytes | Farfetch Files for IPO, Walmart Bets on VR
This week, Farfetch registered to take the company public, while Walmart has applied for two US patents that signal towards a VR strategy in retail.
Bits & Bytes | Farfetch Files for IPO, Walmart Bets on VR
This week, Farfetch registered to take the company public, while Walmart has applied for two US patents that signal towards a VR strategy in retail.
Financial Markets
Farfetch Files for IPO, Testing Investors' Appetite for Luxury
Farfetch's soaring sales could make for one of the fashion world's biggest public listings in years, though the London-based marketplace has yet to show it can sell luxury apparel online and turn a profit.
Farfetch Files for IPO, Testing Investors' Appetite for Luxury
Farfetch's soaring sales could make for one of the fashion world's biggest public listings in years, though the London-based marketplace has yet to show it can sell luxury apparel online and turn a profit.
Financial Markets
Flipkart Investors Could Force Walmart to Take Company Public
Walmart could be forced to publicly list the Indian e-commerce company within four years at the request of a small minority of Flipkart shareholders, a public filing shows.
Flipkart Investors Could Force Walmart to Take Company Public
Walmart could be forced to publicly list the Indian e-commerce company within four years at the request of a small minority of Flipkart shareholders, a public filing shows.
Beauty
Marc Anthony Cosmetics Is Said to Hire Advisers for Canadian IPO
The celebrity hair stylist's cosmetics company is planning to raise as much as C$250 million ($196 million), people familiar with the matter say.
Marc Anthony Cosmetics Is Said to Hire Advisers for Canadian IPO
The celebrity hair stylist's cosmetics company is planning to raise as much as C$250 million ($196 million), people familiar with the matter say.
Financial Markets
Valentino Says No Plan for IPO
The Italian fashion house has confirmed there are no plans to list the company, after rumours of an IPO planned for late 2018.
Valentino Says No Plan for IPO
The Italian fashion house has confirmed there are no plans to list the company, after rumours of an IPO planned for late 2018.
Financial Markets
Chinese Fashion E-Commerce Firm Meili Seeks $500 Million in IPO
The Chinese e-commerce platform is seeking an initial public offering in New York for the second half of this year, according to sources.
Chinese Fashion E-Commerce Firm Meili Seeks $500 Million in IPO
The Chinese e-commerce platform is seeking an initial public offering in New York for the second half of this year, according to sources.
Financial Markets
Alibaba Eyes China Listing
The e-commerce giant is planning a mainland listing that could come as early as the middle of this year as China seeks to lure home its offshore-listed tech giants.
Alibaba Eyes China Listing
The e-commerce giant is planning a mainland listing that could come as early as the middle of this year as China seeks to lure home its offshore-listed tech giants.
Financial Markets
Second-Hand Luxury Propels Japanese Pawn-Shop Startup to IPO
Nikko Securities is underwriting SOU Inc's IPO, which values the company dedicated to buying up second-hand luxury goods at 19.9 billion yen ($188.4 million).
Second-Hand Luxury Propels Japanese Pawn-Shop Startup to IPO
Nikko Securities is underwriting SOU Inc's IPO, which values the company dedicated to buying up second-hand luxury goods at 19.9 billion yen ($188.4 million).
Financial Markets
Apax-backed Takko Considering Stock Market Float
Apax Partners has had to repeatedly inject equity into the discount fashion chain after its bid to sell more expensive clothes failed.
Apax-backed Takko Considering Stock Market Float
Apax Partners has had to repeatedly inject equity into the discount fashion chain after its bid to sell more expensive clothes failed.
Financial Markets
L Catterton-Backed Brand GXG Plans $300 Million IPO
The Chinese men’s fashion retailer is preparing to go public as soon as this year, according to sources.
L Catterton-Backed Brand GXG Plans $300 Million IPO
The Chinese men’s fashion retailer is preparing to go public as soon as this year, according to sources.
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.