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.
Tod's Biggest Shareholder Della Valle Buys More Stock
Tod's, famous for its Gommino loafers, has been struggling to revive the appeal of its brands to attract younger luxury shoppers.
Tod's Biggest Shareholder Della Valle Buys More Stock
Tod's, famous for its Gommino loafers, has been struggling to revive the appeal of its brands to attract younger luxury shoppers.
Kering Faces €1.4 Billion Italian Tax Claim
Some business carried out by Kering employees in locations including Milan and Paris was billed through a Swiss unit, incurring lower tax rates, according to reports.
Kering Faces €1.4 Billion Italian Tax Claim
Some business carried out by Kering employees in locations including Milan and Paris was billed through a Swiss unit, incurring lower tax rates, according to reports.
The RealReal in Talks with Banks for IPO
The company, valued at $745 million, has sent out a request for proposals to prospective advisors and underwriters to manage the listing this year.
The RealReal in Talks with Banks for IPO
The company, valued at $745 million, has sent out a request for proposals to prospective advisors and underwriters to manage the listing this year.
VF's Results Ease China Concerns
Vans parent company VF Corp.’s quarterly beat, aided by a sales increase in China, is fuelling a rally in branded apparel peers that include Canada Goose.
VF's Results Ease China Concerns
Vans parent company VF Corp.’s quarterly beat, aided by a sales increase in China, is fuelling a rally in branded apparel peers that include Canada Goose.
LVMH Takes Minority Stake in Gabriela Hearst
The investment in the nascent New York-based label was made by the conglomerate's venture arm.
LVMH Takes Minority Stake in Gabriela Hearst
The investment in the nascent New York-based label was made by the conglomerate's venture arm.
Nike's Dutch Tax Deals Probed by EU in Latest Fiscal Crackdown
The probe will weigh tax rulings that calculated Nike's royalty payments for intellectual property use in the EMEA region.
Nike's Dutch Tax Deals Probed by EU in Latest Fiscal Crackdown
The probe will weigh tax rulings that calculated Nike's royalty payments for intellectual property use in the EMEA region.
Fast Retailing Blames Warm Winter for Profit Fall
The Uniqlo owner also outlined a tough second quarter as it offloads the inventory at a discount.
Fast Retailing Blames Warm Winter for Profit Fall
The Uniqlo owner also outlined a tough second quarter as it offloads the inventory at a discount.
The Year Ahead: Trade Reshaped by Uncertainty
The apparel trade could be reshaped by new barriers, trade tensions and uncertainty. However, there may also be new opportunities from growing South-South trade and the renegotiation of trade agreements.
The Year Ahead: Trade Reshaped by Uncertainty
The apparel trade could be reshaped by new barriers, trade tensions and uncertainty. However, there may also be new opportunities from growing South-South trade and the renegotiation of trade agreements.
Hudson's Bay Chairman to Buy Stake Held by Ontario Pension Fund
Richard Baker's entity Rupert of the Rhine LLC will purchase about 18 million shares at C$9.45 each.
Hudson's Bay Chairman to Buy Stake Held by Ontario Pension Fund
Richard Baker's entity Rupert of the Rhine LLC will purchase about 18 million shares at C$9.45 each.
The Year Ahead: Caution as Economic Downturn Looms
A potential turn in the economic cycle is prompting concern among industry executives over prospects for the coming year.
The Year Ahead: Caution as Economic Downturn Looms
A potential turn in the economic cycle is prompting concern among industry executives over prospects for the coming year.
Last-Minute Demand Boosts John Lewis Christmas Sales
Britain's biggest department stores operator said demand was 'very strong' on Christmas Eve, indicating that shoppers had delayed rather than cut spending.
Last-Minute Demand Boosts John Lewis Christmas Sales
Britain's biggest department stores operator said demand was 'very strong' on Christmas Eve, indicating that shoppers had delayed rather than cut spending.
Nike Shares Rise After Strong Quarterly Results
Shares rose 8 percent on Friday, after solid quarterly results eased concerns about escalating Sino-American trade tensions.
Nike Shares Rise After Strong Quarterly Results
Shares rose 8 percent on Friday, after solid quarterly results eased concerns about escalating Sino-American trade tensions.
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.