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.
Hermès Boosted by Strong Chinese Sales
The results underscore an upbeat start to the year for some of the luxury sector's biggest names.
Hermès Boosted by Strong Chinese Sales
The results underscore an upbeat start to the year for some of the luxury sector's biggest names.
North America and China Drive Adidas Growth
Despite better-than-expected first-quarter net profit, its Reebok business continues to struggle.
North America and China Drive Adidas Growth
Despite better-than-expected first-quarter net profit, its Reebok business continues to struggle.
Estée Lauder Tops Estimates
The cosmetics maker raised its yearly earnings forecast, helped by stronger demand for skin care products under its La Mer and Clinique brands.
Estée Lauder Tops Estimates
The cosmetics maker raised its yearly earnings forecast, helped by stronger demand for skin care products under its La Mer and Clinique brands.
Hugo Boss Sales Helped by Rebound in China and Americas
After a string of profit warnings, Boss reversed efforts to take the brand more upmarket, expanding womenswear and refocusing on premium men's clothing.
Hugo Boss Sales Helped by Rebound in China and Americas
After a string of profit warnings, Boss reversed efforts to take the brand more upmarket, expanding womenswear and refocusing on premium men's clothing.
Under Armour Picks up Momentum Overseas
The sportswear maker topped forecasts for first-quarter revenue, as stronger demand internationally made up for stagnating sales in North America.
Under Armour Picks up Momentum Overseas
The sportswear maker topped forecasts for first-quarter revenue, as stronger demand internationally made up for stagnating sales in North America.
Tapestry Sinks Amid Struggles at Kate Spade, Stuart Weitzman
The company reported a drop in third-quarter margins, sending its shares down 14 percent.
Tapestry Sinks Amid Struggles at Kate Spade, Stuart Weitzman
The company reported a drop in third-quarter margins, sending its shares down 14 percent.
Luxottica's First Quarter Sales Hurt by Bad Weather, Distribution Clean-Up
The company is suffering due to tighter distribution policies.
Luxottica's First Quarter Sales Hurt by Bad Weather, Distribution Clean-Up
The company is suffering due to tighter distribution policies.
Amazon's Quarterly Profit More Than Doubles
The company has been notorious for running on a low-profit margin. Yet its big bets on new services and entry into new industries have reaped shareholders rewards over the past decade.
Amazon's Quarterly Profit More Than Doubles
The company has been notorious for running on a low-profit margin. Yet its big bets on new services and entry into new industries have reaped shareholders rewards over the past decade.
SMCP's First-Quarter Turnover Lifted by China and US
The owner of French labels Sandro and Maje reported first quarter revenue of €252 million euros.
SMCP's First-Quarter Turnover Lifted by China and US
The owner of French labels Sandro and Maje reported first quarter revenue of €252 million euros.
The Top 10 M&A Targets in Activewear
Emerging activewear brands are on the rise as consumers look beyond ubiquitous sportswear giants. BoF identifies the top acquisition targets in the space.
The Top 10 M&A Targets in Activewear
Emerging activewear brands are on the rise as consumers look beyond ubiquitous sportswear giants. BoF identifies the top acquisition targets in the space.
Boohoo Revenue Almost Doubles
As full year revenues climb 97 percent, the company is investing in country-specific websites and warehousing so it doesn’t lose ground to rivals like Amazon and Asos.
Boohoo Revenue Almost Doubles
As full year revenues climb 97 percent, the company is investing in country-specific websites and warehousing so it doesn’t lose ground to rivals like Amazon and Asos.
Kering Tops Forecasts as Gucci Sales Jump 49 Percent
The Paris-based luxury group reported another quarter of strong revenue growth, with comparable sales up 37 percent.
Kering Tops Forecasts as Gucci Sales Jump 49 Percent
The Paris-based luxury group reported another quarter of strong revenue growth, with comparable sales up 37 percent.
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.