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.
7 For All Mankind Forays Into Ready-to-Wear With Marques’ Almeida
The Los Angeles-based denim brand wants apparel to account for 30 percent of its total revenue by 2021.
7 For All Mankind Forays Into Ready-to-Wear With Marques’ Almeida
The Los Angeles-based denim brand wants apparel to account for 30 percent of its total revenue by 2021.
Lululemon Gains Steam as New Chief Executive Takes the Reins
With a 47 percent percent jump in e-commerce sales in constant currency, the Vancouver-based company is cashing in on its revamped website and direct-marketing efforts.
Lululemon Gains Steam as New Chief Executive Takes the Reins
With a 47 percent percent jump in e-commerce sales in constant currency, the Vancouver-based company is cashing in on its revamped website and direct-marketing efforts.
Abercrombie & Fitch Plunges After Sales Fall Short
The retailer's stock plunged after the release of results — another sign that apparel retailers’ recent strength could be short-lived.
Abercrombie & Fitch Plunges After Sales Fall Short
The retailer's stock plunged after the release of results — another sign that apparel retailers’ recent strength could be short-lived.
PVH Profit Up 38 Percent in Second Quarter
Calvin Klein's sales rose 18 percent in the reported quarter, while Tommy Hilfiger reported sales growth of 15 percent.
PVH Profit Up 38 Percent in Second Quarter
Calvin Klein's sales rose 18 percent in the reported quarter, while Tommy Hilfiger reported sales growth of 15 percent.
Inditex Tumbles as ‘Great’ Becomes ‘Good’ for Morgan Stanley
The Zara owner fell the most in six months after Morgan Stanley analysts reduced their price target for the stock.
Inditex Tumbles as ‘Great’ Becomes ‘Good’ for Morgan Stanley
The Zara owner fell the most in six months after Morgan Stanley analysts reduced their price target for the stock.
Brunello Cucinelli Sees More Double-Digit Growth in the Future
Sales and core profit at the group, known globally for its plush cashmere designs, have consistently increased in the last six years.
Brunello Cucinelli Sees More Double-Digit Growth in the Future
Sales and core profit at the group, known globally for its plush cashmere designs, have consistently increased in the last six years.
Tiffany & Co Tops Estimates for Profit and Revenue
The jewellery retailer raised its full-year profit forecast as sales increase in China and the Americas.
Tiffany & Co Tops Estimates for Profit and Revenue
The jewellery retailer raised its full-year profit forecast as sales increase in China and the Americas.
Gap Shares Tumble as Flagship Brand Shows No Sign of Recovery
The Gap brand posted its worst same store sales miss in three quarters.
Gap Shares Tumble as Flagship Brand Shows No Sign of Recovery
The Gap brand posted its worst same store sales miss in three quarters.
Old Navy Can’t Save Gap This Time as Weakness Sparks Stock Drop
Gap stores posted same-store sales that fell 5 percent last quarter.
Old Navy Can’t Save Gap This Time as Weakness Sparks Stock Drop
Gap stores posted same-store sales that fell 5 percent last quarter.
Walmart and Target Showcase Retail's 'Renaissance'
Headwinds battering retailers in recent months have prompted the best of the bunch — a group that also includes Nordstrom and Kohl’s — to up their game.
Walmart and Target Showcase Retail's 'Renaissance'
Headwinds battering retailers in recent months have prompted the best of the bunch — a group that also includes Nordstrom and Kohl’s — to up their game.
How Monica Vinader Conquered Demi-Fine Jewellery
The 'accessible luxury' brand has its sights set on revenues of £200 million a year in the growing space between fine and fashion jewellery. Next up: new stores on three continents.
How Monica Vinader Conquered Demi-Fine Jewellery
The 'accessible luxury' brand has its sights set on revenues of £200 million a year in the growing space between fine and fashion jewellery. Next up: new stores on three continents.
Urban Outfitters Posted a Fourth Straight Quarter of Sales Growth
Same-store sales rose 13 percent — among the highest upticks in sales this quarter.
Urban Outfitters Posted a Fourth Straight Quarter of Sales Growth
Same-store sales rose 13 percent — among the highest upticks in sales this quarter.
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.