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.
Walmart and Macy's Earnings to Give New Pulse on Retail
Their performance will give fresh perspectives into the health of brick-and-mortar retail and the strength of buyer sentiment in the US So far this year.
Walmart and Macy's Earnings to Give New Pulse on Retail
Their performance will give fresh perspectives into the health of brick-and-mortar retail and the strength of buyer sentiment in the US So far this year.
Flipkart Investors Could Force Walmart to Take Company Public
Walmart could be forced to publicly list the Indian e-commerce company within four years at the request of a small minority of Flipkart shareholders, a public filing shows.
Flipkart Investors Could Force Walmart to Take Company Public
Walmart could be forced to publicly list the Indian e-commerce company within four years at the request of a small minority of Flipkart shareholders, a public filing shows.
Valentino Says No Plan for IPO
The Italian fashion house has confirmed there are no plans to list the company, after rumours of an IPO planned for late 2018.
Valentino Says No Plan for IPO
The Italian fashion house has confirmed there are no plans to list the company, after rumours of an IPO planned for late 2018.
Weak Victoria's Secret Sales Has L Brands Deeper in the Red
L Brands’ attempts to use promotions to bolster its sales numbers have failed, and have caused the April merchandise margin rate to be “down significantly” versus last year.
Weak Victoria's Secret Sales Has L Brands Deeper in the Red
L Brands’ attempts to use promotions to bolster its sales numbers have failed, and have caused the April merchandise margin rate to be “down significantly” versus last year.
Lower Growth Forecasts Send Superdry Shares Sliding
The apparel company has come under pressure this year as its stores generated lower revenue and a spell of bad weather in March hit trading.
Lower Growth Forecasts Send Superdry Shares Sliding
The apparel company has come under pressure this year as its stores generated lower revenue and a spell of bad weather in March hit trading.
Coty Results Beats on Demand for Luxury Fragrances
The beauty products maker reported quarterly results that beat analysts' estimates, helped by robust sales for its Burberry Beauty and Gucci Bloom fragrances.
Coty Results Beats on Demand for Luxury Fragrances
The beauty products maker reported quarterly results that beat analysts' estimates, helped by robust sales for its Burberry Beauty and Gucci Bloom fragrances.
Chinese Fashion E-Commerce Firm Meili Seeks $500 Million in IPO
The Chinese e-commerce platform is seeking an initial public offering in New York for the second half of this year, according to sources.
Chinese Fashion E-Commerce Firm Meili Seeks $500 Million in IPO
The Chinese e-commerce platform is seeking an initial public offering in New York for the second half of this year, according to sources.
JD.com Misses Estimates Amid Spending on Physical Stores
The online shopping giant reported quarterly profit that fell short of analyst expectations, as it ramps up the construction of physical shops and warehouses amid rising competition from Alibaba.
JD.com Misses Estimates Amid Spending on Physical Stores
The online shopping giant reported quarterly profit that fell short of analyst expectations, as it ramps up the construction of physical shops and warehouses amid rising competition from Alibaba.
Zalando's Beauty Launch Makes 'Promising Start'
Nevertheless, the European online fashion retailer saw a loss outside of its core markets weigh on first-quarter profitability.
Zalando's Beauty Launch Makes 'Promising Start'
Nevertheless, the European online fashion retailer saw a loss outside of its core markets weigh on first-quarter profitability.
Moncler Sees Revenue Grow by 20 Percent in First Quarter
Strong demand in China and Hong Kong helped boost revenues to €332 million ($398 million).
Moncler Sees Revenue Grow by 20 Percent in First Quarter
Strong demand in China and Hong Kong helped boost revenues to €332 million ($398 million).
VF Corp's Quarterly Revenue Tops Estimates
The company has ramped up efforts in reshaping its portfolio and elevating its most powerful brands like Vans, Wrangler and Timberland.
VF Corp's Quarterly Revenue Tops Estimates
The company has ramped up efforts in reshaping its portfolio and elevating its most powerful brands like Vans, Wrangler and Timberland.
Avon Loss Narrows
The cosmetics maker reported a smaller quarterly loss and higher sales, buoyed by growing demand for its anti-aging creams and fragrances.
Avon Loss Narrows
The cosmetics maker reported a smaller quarterly loss and higher sales, buoyed by growing demand for its anti-aging creams and fragrances.
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.