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.
Op-Ed | Fashion Needs a New Business Model. Speed Is the Answer.
Fashion businesses need to move faster to remain competitive. But speeding up means more than chasing trends – brands must realign their entire supply chain to create both market and social value.
Op-Ed | Fashion Needs a New Business Model. Speed Is the Answer.
Fashion businesses need to move faster to remain competitive. But speeding up means more than chasing trends – brands must realign their entire supply chain to create both market and social value.
Klarna CEO Discusses Possible Future IPO
The tech unicorn was valued at more than $2 billion when fashion chain H&M bought a stake in it last year.
Klarna CEO Discusses Possible Future IPO
The tech unicorn was valued at more than $2 billion when fashion chain H&M bought a stake in it last year.
LVMH Shares Touch Record Highs After Solid First-Quarter Sales
Shares were up 3.3 percent in early session trading, also lifting the shares of peers such as Gucci-owner Kering, Hermès, Burberry and Moncler.
LVMH Shares Touch Record Highs After Solid First-Quarter Sales
Shares were up 3.3 percent in early session trading, also lifting the shares of peers such as Gucci-owner Kering, Hermès, Burberry and Moncler.
Under Armour Climbs as Citigroup Raises Rating
The sports retailer's stock rose 3.8 percent after Citigroup raised its rating from 'neutral' to 'buy.'
Under Armour Climbs as Citigroup Raises Rating
The sports retailer's stock rose 3.8 percent after Citigroup raised its rating from 'neutral' to 'buy.'
Levi Strauss Stock Jumps as Earnings Growth Impresses
The company's first earnings report since IPO last month sent stock up 7 percent to over $23 a piece, nearly a record high.
Levi Strauss Stock Jumps as Earnings Growth Impresses
The company's first earnings report since IPO last month sent stock up 7 percent to over $23 a piece, nearly a record high.
Asos Sticks to Full-Year Guidance Despite Profit Plunge
The British online retailer reported an 87 percent drop in first-half pretax profit on Wednesday, in part due to logistical challenges in the US market.
Asos Sticks to Full-Year Guidance Despite Profit Plunge
The British online retailer reported an 87 percent drop in first-half pretax profit on Wednesday, in part due to logistical challenges in the US market.
Start-Up School | Chapter 7: Plan Your Exit Strategy
Exiting a business is one of the toughest decisions an entrepreneur will make. It’s a big chance to reap the financial rewards from years of hard work and to ensure the company they have nurtured from the start ends up in good hands.
Start-Up School | Chapter 7: Plan Your Exit Strategy
Exiting a business is one of the toughest decisions an entrepreneur will make. It’s a big chance to reap the financial rewards from years of hard work and to ensure the company they have nurtured from the start ends up in good hands.
Pinterest Seeks up to $1.28 Billion in IPO
In its last private funding round in 2017, the digital scrapbook raised $150 million for a total valuation of about $12.3 billion.
Pinterest Seeks up to $1.28 Billion in IPO
In its last private funding round in 2017, the digital scrapbook raised $150 million for a total valuation of about $12.3 billion.
Rent the Runway to Expand Into Kids' Clothing
The apparel rental service plans on introducing a slew of new categories on the heels of its $125 million Series F round.
Rent the Runway to Expand Into Kids' Clothing
The apparel rental service plans on introducing a slew of new categories on the heels of its $125 million Series F round.
PVH Quarterly Sales Beat Estimates on Tommy Hilfiger Boost
Shares of the company were up 7 percent after the bell.
PVH Quarterly Sales Beat Estimates on Tommy Hilfiger Boost
Shares of the company were up 7 percent after the bell.
Why Levi's Is Worth $8 Billion
With a market capitalisation of $8 billion, the original blue jean maker plans to open new stores, develop fabric technology, offer more points of customisation for customers and improve its e-commerce experience.
Why Levi's Is Worth $8 Billion
With a market capitalisation of $8 billion, the original blue jean maker plans to open new stores, develop fabric technology, offer more points of customisation for customers and improve its e-commerce experience.
Nike Shares Drop as It Misses North America Estimates
Sales in the sportswear company's home continent were also hit by a decline in revenue at Converse.
Nike Shares Drop as It Misses North America Estimates
Sales in the sportswear company's home continent were also hit by a decline in revenue at Converse.
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.