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.
Fast Retailing Posts Record Third-Quarter Profit
Results were driven by overseas Uniqlo sales that topped domestic sales for a third consecutive quarter.
Fast Retailing Posts Record Third-Quarter Profit
Results were driven by overseas Uniqlo sales that topped domestic sales for a third consecutive quarter.
Handbags, Apparel Hit as Trump Tariffs Target Consumers
The new list of products subject to duties has been expanded to target categories such as sporting goods and apparel items.
Handbags, Apparel Hit as Trump Tariffs Target Consumers
The new list of products subject to duties has been expanded to target categories such as sporting goods and apparel items.
Burberry First Quarter Sales Rise 3 Percent
The company said there was no change to annual guidance, adding that it was on track to deliver cost savings of £100 million.
Burberry First Quarter Sales Rise 3 Percent
The company said there was no change to annual guidance, adding that it was on track to deliver cost savings of £100 million.
What’s Ailing America’s Fashion Darlings?
Once popular American labels are struggling to adapt to a perfect storm of shifting consumer tastes, failing department stores and the rise of direct-to-consumer.
What’s Ailing America’s Fashion Darlings?
Once popular American labels are struggling to adapt to a perfect storm of shifting consumer tastes, failing department stores and the rise of direct-to-consumer.
Nike Investors Cheer First North America Sales Gain Since 2017
The sneaker giant’s North American sales rose 3 percent, its first uptick in four quarters — a sign that the company’s new products are catching on with US shoppers.
Nike Investors Cheer First North America Sales Gain Since 2017
The sneaker giant’s North American sales rose 3 percent, its first uptick in four quarters — a sign that the company’s new products are catching on with US shoppers.
H&M Second-Quarter Profits Decline
Profit slumped 22 percent to $670 million as the retailer struggles to adapt to the new digital landscape.
H&M Second-Quarter Profits Decline
Profit slumped 22 percent to $670 million as the retailer struggles to adapt to the new digital landscape.
Kirsten Green’s Survival Guide for the ‘Retail Reckoning’
The Forerunner Ventures founder, who has backed the likes of Warby Parker, Glossier and Away, discusses her investment thesis and how to win in today’s retail reality.
Kirsten Green’s Survival Guide for the ‘Retail Reckoning’
The Forerunner Ventures founder, who has backed the likes of Warby Parker, Glossier and Away, discusses her investment thesis and how to win in today’s retail reality.
Amazon to Add over 1,000 Jobs in Ireland in Country's Biggest Staff Boost This Year
Ireland continues to be a magnet for major technology firms.
Amazon to Add over 1,000 Jobs in Ireland in Country's Biggest Staff Boost This Year
Ireland continues to be a magnet for major technology firms.
Google to Invest $550 Million in JD.com
It could help JD.com expand beyond its base in China and Southeast Asia and establish a meaningful presence in US and European markets.
Google to Invest $550 Million in JD.com
It could help JD.com expand beyond its base in China and Southeast Asia and establish a meaningful presence in US and European markets.
Trump Spares Made-in-USA Apparel as Most Machinery Tariff-Free
The exclusion of most apparel equipment from the new tariffs has allayed fears that manufacturers would push higher costs on to consumers, but the prospect of retaliation from China is a worrying threat.
Trump Spares Made-in-USA Apparel as Most Machinery Tariff-Free
The exclusion of most apparel equipment from the new tariffs has allayed fears that manufacturers would push higher costs on to consumers, but the prospect of retaliation from China is a worrying threat.
Canada Goose Fourth-Quarter Revenue More Than Doubles
The luxury apparel maker reported quarterly revenue that more than doubled compared to last year's results.
Canada Goose Fourth-Quarter Revenue More Than Doubles
The luxury apparel maker reported quarterly revenue that more than doubled compared to last year's results.
Mansur Gavriel Exploring Sale of Minority Stake
The millennial accessories label is entertaining inbound offers from both strategic players and private equity firms, BoF has learned.
Mansur Gavriel Exploring Sale of Minority Stake
The millennial accessories label is entertaining inbound offers from both strategic players and private equity firms, BoF has learned.
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.