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.
H&M to Cut Dividend for First Time Since 1974, Analysts Say
The clothing retailer will struggle to match this year's payout.
H&M to Cut Dividend for First Time Since 1974, Analysts Say
The clothing retailer will struggle to match this year's payout.
JD Sports Sprints Ahead on Demand for Trainers, Track Pants
The British retailer plans to look overseas for further growth after bucking a gloomy UK retail sector by boosting annual profit by a quarter.
JD Sports Sprints Ahead on Demand for Trainers, Track Pants
The British retailer plans to look overseas for further growth after bucking a gloomy UK retail sector by boosting annual profit by a quarter.
Tencent-Backed Fashion App Meilishuo Seeks a $4 Billion IPO
The women-focused fashion and cosmetics retailer is in talks with several investment banks about a US initial public offering.
Tencent-Backed Fashion App Meilishuo Seeks a $4 Billion IPO
The women-focused fashion and cosmetics retailer is in talks with several investment banks about a US initial public offering.
Puma Lifts Guidance As Sales Growth Accelerates
The German sportswear brand nudged up its sales and profit guidance for 2018, but warned of volatile currencies and the threat of a US-China trade war.
Puma Lifts Guidance As Sales Growth Accelerates
The German sportswear brand nudged up its sales and profit guidance for 2018, but warned of volatile currencies and the threat of a US-China trade war.
Op-Ed | The World Just Can't Get Enough Louis Vuitton Handbags
Louis Vuitton parent company LVMH is well positioned to weather looming threats to super-charged Chinese spending, argues Andrea Felsted.
Op-Ed | The World Just Can't Get Enough Louis Vuitton Handbags
Louis Vuitton parent company LVMH is well positioned to weather looming threats to super-charged Chinese spending, argues Andrea Felsted.
Bernard Arnault Tops Zara's Ortega as World's Fourth-Richest Person
The chairman of LVMH is now worth $70.7 billion, the most of any European.
Bernard Arnault Tops Zara's Ortega as World's Fourth-Richest Person
The chairman of LVMH is now worth $70.7 billion, the most of any European.
Raf Simons’ First Year at Calvin Klein Delivers For PVH
PVH chairman and chief executive Manny Chirico tells BoF how Calvin Klein is capitalising on the star designer’s halo effect.
Raf Simons’ First Year at Calvin Klein Delivers For PVH
PVH chairman and chief executive Manny Chirico tells BoF how Calvin Klein is capitalising on the star designer’s halo effect.
PVH's Sales Hit $2.5 Billion Last Quarter
The owner of the Calvin Klein and Tommy Hilfiger brands topped Wall Street forecasts.
PVH's Sales Hit $2.5 Billion Last Quarter
The owner of the Calvin Klein and Tommy Hilfiger brands topped Wall Street forecasts.
Hudson’s Bay Unable to End Sales Slide
Shares of Hudson's Bay fell after the owner of the Saks Fifth Avenue and Lord & Taylor department stores missed earnings estimates.
Hudson’s Bay Unable to End Sales Slide
Shares of Hudson's Bay fell after the owner of the Saks Fifth Avenue and Lord & Taylor department stores missed earnings estimates.
Kering Confirms Stella McCartney Split
The French luxury conglomerate is selling its 50 percent share of the label back to the designer after a 17-year partnership.
Kering Confirms Stella McCartney Split
The French luxury conglomerate is selling its 50 percent share of the label back to the designer after a 17-year partnership.
H&M Profit Drops to 16-Year Low
Extreme and rapid weather swings made it even harder for the Swedish fashion retailer to sell a buildup of unsold garments.
H&M Profit Drops to 16-Year Low
Extreme and rapid weather swings made it even harder for the Swedish fashion retailer to sell a buildup of unsold garments.
What Trump’s Trade War Means for Fashion
As fears of a trade war begin to ebb, the tension felt by supply chain leaders appears to be lifting. But given president Trump’s characteristic unpredictability, the fashion industry is not out of the woods yet.
What Trump’s Trade War Means for Fashion
As fears of a trade war begin to ebb, the tension felt by supply chain leaders appears to be lifting. But given president Trump’s characteristic unpredictability, the fashion industry is not out of the woods yet.
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.