Investors Brace for More Volatility With Trump Set to Address Congress
The president’s remarks come at a pivotal point for markets.
Financial Markets
A financial lens on the fast-changing fashion sector, including markets, investors and deals.
LVMH's Creative Reshuffles Pay Off
The luxury conglomerate's sales breezed past analysts’ estimates as creative revamps at its Louis Vuitton and Christian Dior fashion brands helped fuel growth.
LVMH's Creative Reshuffles Pay Off
The luxury conglomerate's sales breezed past analysts’ estimates as creative revamps at its Louis Vuitton and Christian Dior fashion brands helped fuel growth.
Victoria’s Secret Online Rival ThirdLove Tests First Real Store
The e-commerce lingerie retailer is planning to scale up by opening up its first brick-and-mortar store.
Victoria’s Secret Online Rival ThirdLove Tests First Real Store
The e-commerce lingerie retailer is planning to scale up by opening up its first brick-and-mortar store.
J.Crew Taps Banks for IPO of Madewell
Madewell's initial offering will reportedly take place sometime after the US Labour Day holiday in September.
J.Crew Taps Banks for IPO of Madewell
Madewell's initial offering will reportedly take place sometime after the US Labour Day holiday in September.
La Perla Owner Bets on Ralph & Russo with Minority Stake
The label made famous by Meghan Markle lost £2.5 million ($3.1 million) on £14.3 million of sales in 2017, according to public filings.
La Perla Owner Bets on Ralph & Russo with Minority Stake
The label made famous by Meghan Markle lost £2.5 million ($3.1 million) on £14.3 million of sales in 2017, according to public filings.
Levi Strauss Falls, Profit Declines as Company Spends to Grow
Earnings slipped 21 percent from the prior year, affected by $29 million of expenses associated with Levi's IPO.
Levi Strauss Falls, Profit Declines as Company Spends to Grow
Earnings slipped 21 percent from the prior year, affected by $29 million of expenses associated with Levi's IPO.
Revolve's Influencer Strategy Helps Draw Slew of Buy Ratings
The clothing company was rated highly by Wall Street analysts, as shares rise by 7.3 percent.
Revolve's Influencer Strategy Helps Draw Slew of Buy Ratings
The clothing company was rated highly by Wall Street analysts, as shares rise by 7.3 percent.
Global Fashion Group Shares Fall After Stock Market Debut
Investor demand fell short of the e-commerce group's expectations, with share sales only raising half of the target amount.
Global Fashion Group Shares Fall After Stock Market Debut
Investor demand fell short of the e-commerce group's expectations, with share sales only raising half of the target amount.
Global Fashion Group IPO Mostly Backed by Existing Shareholders
Facing low investor demand, the e-commerce fashion group cut its initial share price from up to €8 to €4.50.
Global Fashion Group IPO Mostly Backed by Existing Shareholders
Facing low investor demand, the e-commerce fashion group cut its initial share price from up to €8 to €4.50.
Philippine Retail Billionaire Plans Move From Fashion to Pets
The retail company will expand its offering to pet, health and beauty products.
Philippine Retail Billionaire Plans Move From Fashion to Pets
The retail company will expand its offering to pet, health and beauty products.
Nike Misses Earnings Estimates for First Time in Seven Years
The sportswear manufacturer reported earnings below expectations due to higher overhead expenses and a steeper tax bill.
Nike Misses Earnings Estimates for First Time in Seven Years
The sportswear manufacturer reported earnings below expectations due to higher overhead expenses and a steeper tax bill.
Belle International Files for Hong Kong IPO to Raise $1 Billion
The footwear company plans to make a stock market debut with the largest Chinese sportswear retailer, Topsports.
Belle International Files for Hong Kong IPO to Raise $1 Billion
The footwear company plans to make a stock market debut with the largest Chinese sportswear retailer, Topsports.
Op-Ed | H&M Is Finally Going in the Right Direction
The Swedish retail company's stock of unsold clothes is shrinking amid recent demand increase and shares up by 25 percent.
Op-Ed | H&M Is Finally Going in the Right Direction
The Swedish retail company's stock of unsold clothes is shrinking amid recent demand increase and shares up by 25 percent.
THE NEWS IN BRIEF
Trump FTC Chair Pledges to Keep Aggressive Merger Enforcement
The organisation’s chairman Andrew Ferguson vowed to aggressively block illegal mergers, reaffirming the agency’s commitment to challenging deals that violate antitrust laws, continuing the stance taken during the Biden administration.
True Religion Acquired by Private Equity Firm Acon Investments
The deal, which included participation from American Eagle’s chief executive, will help the denim maker expand globally.
Sneaker Maker Golden Goose Is Said to Kick Off Milan IPO Soon
Luxury sneaker brand Golden Goose SpA plans to kick off an initial public offering in Milan as soon as this week, according to people familiar with the matter, extending a strong rebound in European listings this year.
Europe Luxury Stocks Slide After Richemont Chairman Says Inflation Is Denting Demand
Luxury goods stocks slumped in Europe, wiping out more than $25 billion in market value after Richemont chairman Johann Rupert said inflation is starting to dent demand across the region.
US Inflation Cooling as Consumer Prices Rise Moderately Again
US consumer prices increased moderately in July as higher rents were mostly offset by declining costs of goods such as motor vehicles and furniture, a trend that could persuade the Federal Reserve to leave interest rates unchanged next month.
Kim Kardashian Hires Wall Street Talent to Bulk Up Buyout Firm
Kim Kardashian’s private equity firm hired a half-dozen financial-industry professionals, including a new chief operating officer who previously worked at alternative investment giant Apollo Global Management Inc.
US Economy Shrinks for a Second Quarter, Raising Recession Odds
Gross domestic product fell at a 0.9 percent annualised rate after a 1.6 percent decline in the first three months of the year, the Commerce Department’s preliminary estimate showed Thursday.