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.
Report: Diesel Founder Interested in Roberto Cavalli
Renzo Rosso is interested in buying the luxury brand through his OTB holding company, according to Italian paper Il Sole 24 Ore.
Report: Diesel Founder Interested in Roberto Cavalli
Renzo Rosso is interested in buying the luxury brand through his OTB holding company, according to Italian paper Il Sole 24 Ore.
Contemporary Label Nanushka Expands into Menswear
The buzzy womenswear brand, known for its playful designs, is launching its first men’s collection at New York Fashion Week in February.
Contemporary Label Nanushka Expands into Menswear
The buzzy womenswear brand, known for its playful designs, is launching its first men’s collection at New York Fashion Week in February.
Superdry Burnt Again by Warmer Weather
The company said it had been going through a "difficult trading period" and said it expects to take another hit on profits in December if trading conditions do not improve.
Superdry Burnt Again by Warmer Weather
The company said it had been going through a "difficult trading period" and said it expects to take another hit on profits in December if trading conditions do not improve.
Zalando May Become a Target of Amazon or Alibaba
Any bidder would be catapulted to the position of Europe’s number one online fashion house overnight at a very cheap price, said a Baader Helvea analyst.
Zalando May Become a Target of Amazon or Alibaba
Any bidder would be catapulted to the position of Europe’s number one online fashion house overnight at a very cheap price, said a Baader Helvea analyst.
Primark Owner Faces 'Challenging' Trading in November
AB Foods, parent company of Primark, blamed a fall in shopper numbers and unseasonably warm weather for negative underlying sales in November.
Primark Owner Faces 'Challenging' Trading in November
AB Foods, parent company of Primark, blamed a fall in shopper numbers and unseasonably warm weather for negative underlying sales in November.
VF Corp Names Its Denim Spinoff
Instead of naming the planned publicly traded company after one of its iconic American brands, like Lee or Wrangler, the apparel maker will call the spinoff Kontoor Brands Inc.
VF Corp Names Its Denim Spinoff
Instead of naming the planned publicly traded company after one of its iconic American brands, like Lee or Wrangler, the apparel maker will call the spinoff Kontoor Brands Inc.
Ted Baker Revenue Hit by Lower Wholesale Sales
Total retail sales including e-commerce rose by 2.3 percent, however the brand's wholesale sales fell 6.5 percent leading to a slight decline in group revenue.
Ted Baker Revenue Hit by Lower Wholesale Sales
Total retail sales including e-commerce rose by 2.3 percent, however the brand's wholesale sales fell 6.5 percent leading to a slight decline in group revenue.
LVMH-Backed Buyout Firm Invests in Top Chinese Gym Chain Will's
The transaction adds to the $84 billion of private equity deals announced this year involving Chinese targets.
LVMH-Backed Buyout Firm Invests in Top Chinese Gym Chain Will's
The transaction adds to the $84 billion of private equity deals announced this year involving Chinese targets.
H&M Sentiment Shifts as Recent Gains Erase Year's Deep Losses
Gains of 36 percent have come on the back of better-than-expected sales data for the third quarter, as well as speculation that the company may soon become private.
H&M Sentiment Shifts as Recent Gains Erase Year's Deep Losses
Gains of 36 percent have come on the back of better-than-expected sales data for the third quarter, as well as speculation that the company may soon become private.
Tory Burch Buys Back Stake
The American fashion brand is buying back Mexican private equity firm Tresalia Capital's minority stake in the business.
Tory Burch Buys Back Stake
The American fashion brand is buying back Mexican private equity firm Tresalia Capital's minority stake in the business.
L Brands Shares Fall After Cutting Dividend
Sales at Victoria's Secret stores that have been open for at least a year fell 2 percent, but were better than analysts' average estimate of a 4 percent decline.
L Brands Shares Fall After Cutting Dividend
Sales at Victoria's Secret stores that have been open for at least a year fell 2 percent, but were better than analysts' average estimate of a 4 percent decline.
Walmart, Macy's Test Investors' Patience in Chasing After Amazon
Taking on Amazon — and its two-day delivery model — doesn’t come cheap, and shareholders are beginning to wonder if the heavy investments will be sustainable when demand inevitably subsides.
Walmart, Macy's Test Investors' Patience in Chasing After Amazon
Taking on Amazon — and its two-day delivery model — doesn’t come cheap, and shareholders are beginning to wonder if the heavy investments will be sustainable when demand inevitably subsides.
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.