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.
Alibaba Eyes China Listing
The e-commerce giant is planning a mainland listing that could come as early as the middle of this year as China seeks to lure home its offshore-listed tech giants.
Alibaba Eyes China Listing
The e-commerce giant is planning a mainland listing that could come as early as the middle of this year as China seeks to lure home its offshore-listed tech giants.
Ted Baker Warns of Challenges Ahead
Despite full-year online sales jumping 39.8 percent to £101,1 million, the brand cautioned against a tough global environment ahead.
Ted Baker Warns of Challenges Ahead
Despite full-year online sales jumping 39.8 percent to £101,1 million, the brand cautioned against a tough global environment ahead.
Second-Hand Luxury Propels Japanese Pawn-Shop Startup to IPO
Nikko Securities is underwriting SOU Inc's IPO, which values the company dedicated to buying up second-hand luxury goods at 19.9 billion yen ($188.4 million).
Second-Hand Luxury Propels Japanese Pawn-Shop Startup to IPO
Nikko Securities is underwriting SOU Inc's IPO, which values the company dedicated to buying up second-hand luxury goods at 19.9 billion yen ($188.4 million).
Guess Inc Holiday Sales Beat Estimates
However, net income attributable to Guess in the quarter fell to $1.04 million from $6.6 million a year earlier.
Guess Inc Holiday Sales Beat Estimates
However, net income attributable to Guess in the quarter fell to $1.04 million from $6.6 million a year earlier.
Alibaba to Invest Extra $2 Billion in Lazada
It brings Alibaba's total investment in Lazada to $4 billion as the company aims for an aggressive expansion in Southeast Asia.
Alibaba to Invest Extra $2 Billion in Lazada
It brings Alibaba's total investment in Lazada to $4 billion as the company aims for an aggressive expansion in Southeast Asia.
Kering Refutes Tax Evasion Claims
The French luxury-goods group has responded to reports that it used a Swiss-based scheme to evade taxes on earnings from brands like Gucci and Saint Laurent.
Kering Refutes Tax Evasion Claims
The French luxury-goods group has responded to reports that it used a Swiss-based scheme to evade taxes on earnings from brands like Gucci and Saint Laurent.
Tiffany Sales Rebound at Home
The luxury jeweller posted sales growth worldwide and especially in the Americas, its largest region.
Tiffany Sales Rebound at Home
The luxury jeweller posted sales growth worldwide and especially in the Americas, its largest region.
Alibaba Plans Listing in Mainland China
The e-commerce giant is working on a plan to list on a stock exchange in its home country, according to sources.
Alibaba Plans Listing in Mainland China
The e-commerce giant is working on a plan to list on a stock exchange in its home country, according to sources.
H&M Sales Miss Expectations Again
The Swedish retailer reported lower fiscal first-quarter sales, after warning last month that markdowns prompted by high inventories would hit earnings.
H&M Sales Miss Expectations Again
The Swedish retailer reported lower fiscal first-quarter sales, after warning last month that markdowns prompted by high inventories would hit earnings.
What's Acne Studios Worth?
The Swedish label is up for sale and market sources say it could fetch €400 million to €500 million — potentially more if there is competition.
What's Acne Studios Worth?
The Swedish label is up for sale and market sources say it could fetch €400 million to €500 million — potentially more if there is competition.
Adidas Sales Growth Picks Up
The German company's fourth-quarter revenue growth returned to double-digit pace.
Adidas Sales Growth Picks Up
The German company's fourth-quarter revenue growth returned to double-digit pace.
Inditex Reports Slowdown in Sales, Weaker Profitability
The Zara owner reported its weakest profitability in a decade, showing that it isn’t immune to the troubles ailing Swedish rival H&M.
Inditex Reports Slowdown in Sales, Weaker Profitability
The Zara owner reported its weakest profitability in a decade, showing that it isn’t immune to the troubles ailing Swedish rival H&M.
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.