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A financial lens on the fast-changing fashion sector, including markets, investors and deals.
Levi Strauss IPO Could Raise as Much as $587 Million
The company expects to offer 36.7 million shares priced between $14 and $16, giving it a market value of about $6.17 billion.
Levi Strauss IPO Could Raise as Much as $587 Million
The company expects to offer 36.7 million shares priced between $14 and $16, giving it a market value of about $6.17 billion.
Tory Burch Programme for Women Receives Additional $50 Million from Bank of America
The funding awarded to the Tory Burch Foundation will support female entrepreneurs who might not qualify for traditional credit.
Tory Burch Programme for Women Receives Additional $50 Million from Bank of America
The funding awarded to the Tory Burch Foundation will support female entrepreneurs who might not qualify for traditional credit.
Abercrombie Soars on Upbeat Forecast as Sales Top Estimates
Comparable sales increased for a sixth consecutive quarter climbing more than double analysts’ predictions, and net sales are set to rise 2 to 4 percent this year.
Abercrombie Soars on Upbeat Forecast as Sales Top Estimates
Comparable sales increased for a sixth consecutive quarter climbing more than double analysts’ predictions, and net sales are set to rise 2 to 4 percent this year.
Debenhams Plunges After Scrapping Forecasts
Despite securing a temporary lifeline from lenders, the UK department-store chain scrapped its profit guidance and shares plunged 12 percent marking the fourth profit warning since early 2018.
Debenhams Plunges After Scrapping Forecasts
Despite securing a temporary lifeline from lenders, the UK department-store chain scrapped its profit guidance and shares plunged 12 percent marking the fourth profit warning since early 2018.
Allbirds Is Taking its Viral Fabric Tennis Shoes to China
The sneaker startup plans to announce this week that it will open a brick-and-mortar store in Shanghai in the coming months. By the end of the year, it plans to have stores in Beijing and Chengdu.
Allbirds Is Taking its Viral Fabric Tennis Shoes to China
The sneaker startup plans to announce this week that it will open a brick-and-mortar store in Shanghai in the coming months. By the end of the year, it plans to have stores in Beijing and Chengdu.
Etsy Surges to Record High as Analysts Cheer Growth Outlook
The online seller of handcrafted and vintage items surpassed fourth-quarter sales expectations, sending shares to their highest level since the company’s 2015 IPO.
Etsy Surges to Record High as Analysts Cheer Growth Outlook
The online seller of handcrafted and vintage items surpassed fourth-quarter sales expectations, sending shares to their highest level since the company’s 2015 IPO.
Remembering Lagerfeld and Lanvin's Next Chapter at Paris Fashion Week
This week, everyone will be talking about Paris Fashion Week, the Oscars and the future of red carpet dressing and a wave of earnings reports from troubled retailers. Read our BoF Professional Cheat Sheet.
Remembering Lagerfeld and Lanvin's Next Chapter at Paris Fashion Week
This week, everyone will be talking about Paris Fashion Week, the Oscars and the future of red carpet dressing and a wave of earnings reports from troubled retailers. Read our BoF Professional Cheat Sheet.
China's Fosun Makes Bid for German Fashion Chain Tom Tailor
The Chinese conglomerate is further expanding its reach into Europe's fashion sector with a bid for struggling struggling clothing retailer Tom Tailor.
China's Fosun Makes Bid for German Fashion Chain Tom Tailor
The Chinese conglomerate is further expanding its reach into Europe's fashion sector with a bid for struggling struggling clothing retailer Tom Tailor.
Footasylum Shares up 59 Percent After JD Sports Takes Stake
Shares rose 58.6 percent after British retailer JD Sports said it had acquired an 8.3 percent stake.
Footasylum Shares up 59 Percent After JD Sports Takes Stake
Shares rose 58.6 percent after British retailer JD Sports said it had acquired an 8.3 percent stake.
Canada Goose Boosts Outlook After Quarter Results Beat Estimates
The company boosted its forecast for the year after sales climbed a better-than-expected 50 percent to $301 million, showing flagship stores and online lured in more shoppers for its premium winter clothing.
Canada Goose Boosts Outlook After Quarter Results Beat Estimates
The company boosted its forecast for the year after sales climbed a better-than-expected 50 percent to $301 million, showing flagship stores and online lured in more shoppers for its premium winter clothing.
Puma Upbeat for 2019 as New Styles Prove Popular
Puma is growing faster than its bigger German rival Adidas and market leader Nike, helped by savvy social media campaigns and partnerships with celebrities like Selena Gomez.
Puma Upbeat for 2019 as New Styles Prove Popular
Puma is growing faster than its bigger German rival Adidas and market leader Nike, helped by savvy social media campaigns and partnerships with celebrities like Selena Gomez.
Inside the Levi’s IPO
The company plans to go public amid a resurgence in denim sales and as the 166-year-old brand is finding success among younger customers with fashion collaborations and high-tech customisation options.
Inside the Levi’s IPO
The company plans to go public amid a resurgence in denim sales and as the 166-year-old brand is finding success among younger customers with fashion collaborations and high-tech customisation options.
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.