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.
Op-Ed | Macy’s Upgrades by Becoming Less Like Macy’s
Macy's new investment in retail upstart b8ta provides a big hint about what the retail giant wants its next chapter to look like.
Op-Ed | Macy’s Upgrades by Becoming Less Like Macy’s
Macy's new investment in retail upstart b8ta provides a big hint about what the retail giant wants its next chapter to look like.
Inditex Reports Margin Improvement Despite Strong Euro
The Zara owner also reported strong sales for the first six weeks of the second quarter, as shoppers snapped up items from summer collections.
Inditex Reports Margin Improvement Despite Strong Euro
The Zara owner also reported strong sales for the first six weeks of the second quarter, as shoppers snapped up items from summer collections.
Rocket Internet to Invest in Firms That Can Conquer US
Chief executive Oliver Samwer said he would incubate and invest in firms trying to make it in the competitive US market.
Rocket Internet to Invest in Firms That Can Conquer US
Chief executive Oliver Samwer said he would incubate and invest in firms trying to make it in the competitive US market.
Jessica Alba's Honest Co. Gets Investment From L Catterton
The $200 million investment from the private equity firm, which is for a minority stake in the business, will help Honest Co. bolster its supply chain and global reach
Jessica Alba's Honest Co. Gets Investment From L Catterton
The $200 million investment from the private equity firm, which is for a minority stake in the business, will help Honest Co. bolster its supply chain and global reach
Amazon to Create More Than 2,500 Jobs in Britain This Year
The e-commerce giant is unconcerned by Britain's impending exit from the European Union.
Amazon to Create More Than 2,500 Jobs in Britain This Year
The e-commerce giant is unconcerned by Britain's impending exit from the European Union.
Abercrombie & Fitch Tops Same-Store Sales Estimates
The results were buoyed by stronger demand for Hollister surf-wear as well as its namesake line of teen apparel.
Abercrombie & Fitch Tops Same-Store Sales Estimates
The results were buoyed by stronger demand for Hollister surf-wear as well as its namesake line of teen apparel.
Lululemon First-Quarter Profit Beats Expectations
The Canadian athletic apparel maker posted first-quarter profit that beat expectations, as revenue jumped 25 percent.
Lululemon First-Quarter Profit Beats Expectations
The Canadian athletic apparel maker posted first-quarter profit that beat expectations, as revenue jumped 25 percent.
Canada Goose Plots China Expansion
The Toronto-based coatmaker plans to open a Beijing flagship and a shop in Hong Kong this fall, along with an e-commerce business on Alibaba’s online Tmall.
Canada Goose Plots China Expansion
The Toronto-based coatmaker plans to open a Beijing flagship and a shop in Hong Kong this fall, along with an e-commerce business on Alibaba’s online Tmall.
American Eagle Outfitters Sees Record First-Quarter Sales
The company was boosted by strong demand for its Aerie line of lingerie.
American Eagle Outfitters Sees Record First-Quarter Sales
The company was boosted by strong demand for its Aerie line of lingerie.
Michael Kors Forecasts Annual Profit Below Estimates
The projection overshadowed stronger-than-expected fourth-quarter results, driving the handbag maker's shares down 7 percent.
Michael Kors Forecasts Annual Profit Below Estimates
The projection overshadowed stronger-than-expected fourth-quarter results, driving the handbag maker's shares down 7 percent.
Mansur Gavriel to Launch Men’s Line
Floriana Gavriel and Rachel Mansur are expanding their cult label into men’s clothing and accessories.
Mansur Gavriel to Launch Men’s Line
Floriana Gavriel and Rachel Mansur are expanding their cult label into men’s clothing and accessories.
Gap Shares Slide After Same-Store Sales Disappoint
Strong results for the apparel retailer's ever reliable Old Navy brand of clothing failed to offset a fall in comparable store sales for the Gap brand.
Gap Shares Slide After Same-Store Sales Disappoint
Strong results for the apparel retailer's ever reliable Old Navy brand of clothing failed to offset a fall in comparable store sales for the Gap brand.
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.