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.
Nike Quarterly Revenue Beats Estimates
The company's new launches of footwear and apparel fuelled sales in North America.
Nike Quarterly Revenue Beats Estimates
The company's new launches of footwear and apparel fuelled sales in North America.
José Neves Nets $1.2 Billion in Farfetch IPO
The luxury online marketplace priced its shares above its targeted range on Friday in a New York flotation that values the company at over $5.8 billion.
José Neves Nets $1.2 Billion in Farfetch IPO
The luxury online marketplace priced its shares above its targeted range on Friday in a New York flotation that values the company at over $5.8 billion.
Neiman Marcus Bondholder Says Company May Be in Default
Investors announced the news after the department store company moved its MyTheresa business into an entity belonging to the retailer's private equity owners.
Neiman Marcus Bondholder Says Company May Be in Default
Investors announced the news after the department store company moved its MyTheresa business into an entity belonging to the retailer's private equity owners.
French Connection's Half-Year Loss Narrows
The group's cost-cutting drive helped reduce losses slightly in the first half of 2018 and put it on track to turn profitable by the end of the year.
French Connection's Half-Year Loss Narrows
The group's cost-cutting drive helped reduce losses slightly in the first half of 2018 and put it on track to turn profitable by the end of the year.
Walmart's Jet.com Narrows Focus on Urban Consumers
The move comes in a bid to sharpen the website's aim for affluent, urban consumers and better compete with e-commerce rivals like Amazon.com.
Walmart's Jet.com Narrows Focus on Urban Consumers
The move comes in a bid to sharpen the website's aim for affluent, urban consumers and better compete with e-commerce rivals like Amazon.com.
Uncertainty Continues to Blight the Luxury Sector
Overwhelmingly positive results for the first half of 2018 have done little to calm investors, who fear the impact of the US-China trade war.
Uncertainty Continues to Blight the Luxury Sector
Overwhelmingly positive results for the first half of 2018 have done little to calm investors, who fear the impact of the US-China trade war.
Uniqlo Owner Doubles Fortune With Some Help From Roger Federer
Fast Retailing founder Tadashi Yanai's wealth has almost doubled since April 2016 to $25.4 billion, according to the Bloomberg Billionaires Index.
Uniqlo Owner Doubles Fortune With Some Help From Roger Federer
Fast Retailing founder Tadashi Yanai's wealth has almost doubled since April 2016 to $25.4 billion, according to the Bloomberg Billionaires Index.
Amazon's Headquarters Bidding War Puts It in a Spotlight
The company stands accused of being a corporate welfare leech, as states competing for its second headquarters try to outbid each other by offering large tax breaks and other benefits.
Amazon's Headquarters Bidding War Puts It in a Spotlight
The company stands accused of being a corporate welfare leech, as states competing for its second headquarters try to outbid each other by offering large tax breaks and other benefits.
How Anine Bing Is Avoiding the Nasty Gal Trap
The community-driven brand has secured $15 million in a Series A financing round and aims to double its business next year by 2020.
How Anine Bing Is Avoiding the Nasty Gal Trap
The community-driven brand has secured $15 million in a Series A financing round and aims to double its business next year by 2020.
Mejuri Wants to Upend Fine Jewellery With a Drop Model
The direct-to-consumer jeweller has raised $5 million in funding in a bid to revolutionise the industry through a drop model.
Mejuri Wants to Upend Fine Jewellery With a Drop Model
The direct-to-consumer jeweller has raised $5 million in funding in a bid to revolutionise the industry through a drop model.
H&M's Price Target Finds a Floor, At Least Until Next Results
While the average price target has stabilised for now, that doesn’t mean H&M offers any great return potential.
H&M's Price Target Finds a Floor, At Least Until Next Results
While the average price target has stabilised for now, that doesn’t mean H&M offers any great return potential.
Lululemon Beats Wall Street’s Expectations Again
The Canadian athletic apparel maker's profit almost doubled from a year earlier, lifted by strong growth in online sales, particularly in China.
Lululemon Beats Wall Street’s Expectations Again
The Canadian athletic apparel maker's profit almost doubled from a year earlier, lifted by strong growth in online sales, particularly in China.
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.