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.
Adidas to Buy Back Shares for as Much as €3 Billion by 2021
The decision is a sign of confidence as Adidas' CEO tries to increase sales to about €26 billion by 2020.
Adidas to Buy Back Shares for as Much as €3 Billion by 2021
The decision is a sign of confidence as Adidas' CEO tries to increase sales to about €26 billion by 2020.
Dick's Is Tumbling and Its Woes Have Nothing to Do With Guns
Profit, revenue and same-store sales all missed projections.
Dick's Is Tumbling and Its Woes Have Nothing to Do With Guns
Profit, revenue and same-store sales all missed projections.
Apax-backed Takko Considering Stock Market Float
Apax Partners has had to repeatedly inject equity into the discount fashion chain after its bid to sell more expensive clothes failed.
Apax-backed Takko Considering Stock Market Float
Apax Partners has had to repeatedly inject equity into the discount fashion chain after its bid to sell more expensive clothes failed.
French Connection Says Close to Turning Around Business
The British fashion chain has closed stores and hired new management and design teams as it tries to turn the corner.
French Connection Says Close to Turning Around Business
The British fashion chain has closed stores and hired new management and design teams as it tries to turn the corner.
Furla Revenues to Surpass €500 Million in 2018
The Italian handbag maker’s turnover grew 20 percent last year, fuelled by strong demand in the Asia-Pacific region and its digital investments.
Furla Revenues to Surpass €500 Million in 2018
The Italian handbag maker’s turnover grew 20 percent last year, fuelled by strong demand in the Asia-Pacific region and its digital investments.
Prada Shares Soar 20 Percent on Growth Outlook
Prada shares jumped to its highest level since June 2015.
Prada Shares Soar 20 Percent on Growth Outlook
Prada shares jumped to its highest level since June 2015.
Snap's Next Surprise May Be Turning Profitable Three Years Early
The company behind Snapchat wants to break even and reach profitability in 2018.
Snap's Next Surprise May Be Turning Profitable Three Years Early
The company behind Snapchat wants to break even and reach profitability in 2018.
Prada Sees Growth Ahead Despite Profit Drop
Despite the declines, chief executive Patrizio Bertelli expressed confidence the Italian luxury-goods brand would return to growth.
Prada Sees Growth Ahead Despite Profit Drop
Despite the declines, chief executive Patrizio Bertelli expressed confidence the Italian luxury-goods brand would return to growth.
L Catterton-Backed Brand GXG Plans $300 Million IPO
The Chinese men’s fashion retailer is preparing to go public as soon as this year, according to sources.
L Catterton-Backed Brand GXG Plans $300 Million IPO
The Chinese men’s fashion retailer is preparing to go public as soon as this year, according to sources.
Abercrombie's Namesake Brand Beats Holiday-Quarter Estimates
The company's namesake brand posted its first rise in comparable sales in four years, signalling a turnaround for the company that redefined teen apparel in the 1990s.
Abercrombie's Namesake Brand Beats Holiday-Quarter Estimates
The company's namesake brand posted its first rise in comparable sales in four years, signalling a turnaround for the company that redefined teen apparel in the 1990s.
Amazon Has Massive Expansion Plans for Seattle
While Amazon continues its search for a second headquarters, the retail giant has increased its forecast for the size of its campus in Seattle.
Amazon Has Massive Expansion Plans for Seattle
While Amazon continues its search for a second headquarters, the retail giant has increased its forecast for the size of its campus in Seattle.
Yoox Net-A-Porter on Track to Meet Five-Year Plan Target
YNAP's core profit margins are forecast to rise by 30 to 70 basis points in 2018, with the online luxury retailer boosted by mobile sales and those in the Middle East.
Yoox Net-A-Porter on Track to Meet Five-Year Plan Target
YNAP's core profit margins are forecast to rise by 30 to 70 basis points in 2018, with the online luxury retailer boosted by mobile sales and those in the Middle East.
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.