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.
Target’s Turnaround Plan Takes a Toll on Profit
The retailer is spending more on delivering online orders as part of its push to catch up in e-commerce.
Target’s Turnaround Plan Takes a Toll on Profit
The retailer is spending more on delivering online orders as part of its push to catch up in e-commerce.
EU Proposes Retaliatory Tariffs Against US Clothing and Cosmetics
The European Union is preparing punitive tariffs on iconic US brands, raising political pressure on President Donald Trump to ditch his plans for taxing steel and aluminium imports.
EU Proposes Retaliatory Tariffs Against US Clothing and Cosmetics
The European Union is preparing punitive tariffs on iconic US brands, raising political pressure on President Donald Trump to ditch his plans for taxing steel and aluminium imports.
Gap Jumps as Old Navy Fuels Optimism for Faster Rebound
Banana Republic and the Gap brand also outpaced estimates.
Gap Jumps as Old Navy Fuels Optimism for Faster Rebound
Banana Republic and the Gap brand also outpaced estimates.
Zalando Plots Further European Expansion
While Zalando has grown fast to sell almost 2,000 brands in 15 countries, it has not added a new market since Luxembourg in 2013.
Zalando Plots Further European Expansion
While Zalando has grown fast to sell almost 2,000 brands in 15 countries, it has not added a new market since Luxembourg in 2013.
L Brands Beats Profit Forecasts
The Victoria's Secret owner reported fiscal fourth-quarter profit of $664.1 million, beating Wall Street expectations.
L Brands Beats Profit Forecasts
The Victoria's Secret owner reported fiscal fourth-quarter profit of $664.1 million, beating Wall Street expectations.
Walmart and Amazon Battle to Boost Fashion Credentials
Not long after New York Fashion Week ended, Walmart and Amazon both took to the streets of Manhattan with competing events to show off their latest fashion.
Walmart and Amazon Battle to Boost Fashion Credentials
Not long after New York Fashion Week ended, Walmart and Amazon both took to the streets of Manhattan with competing events to show off their latest fashion.
Who Will LVMH and Kering Buy Next?
A deal with Chanel, Richemont or Prada would change the industry's structure.
Who Will LVMH and Kering Buy Next?
A deal with Chanel, Richemont or Prada would change the industry's structure.
Moncler Sales Rose 15 Percent in 2017
The Italian luxury outerwear maker said it foresaw further growth in 2018, after posting a rise in revenue last year and launching a new product strategy based on faster-paced collections.
Moncler Sales Rose 15 Percent in 2017
The Italian luxury outerwear maker said it foresaw further growth in 2018, after posting a rise in revenue last year and launching a new product strategy based on faster-paced collections.
Primark-Owner AB Foods Forecasts Flat First-Half Profits
The group said profit would be held back by a previously flagged reduction in sugar revenues, but maintained its full-year outlook.
Primark-Owner AB Foods Forecasts Flat First-Half Profits
The group said profit would be held back by a previously flagged reduction in sugar revenues, but maintained its full-year outlook.
Nordstrom Family Group Finalising Take-Private Offer
The founding family group met with investment banks last week and is hoping to submit an offer as early as next month once the banks get approval from their credit committees to provide the financing, the sources said.
Nordstrom Family Group Finalising Take-Private Offer
The founding family group met with investment banks last week and is hoping to submit an offer as early as next month once the banks get approval from their credit committees to provide the financing, the sources said.
Chinese Firms Make a Push into Luxury
Chinese apparel group Shandong Ruyi said its ambition was to become 'the LVMH group of China.'
Chinese Firms Make a Push into Luxury
Chinese apparel group Shandong Ruyi said its ambition was to become 'the LVMH group of China.'
Fosun Buys Majority Stake in Lanvin
The Chinese conglomerate has completed a deal to become the majority shareholder in Lanvin, beating off competition from Qatari investment fund Mayhoola.
Fosun Buys Majority Stake in Lanvin
The Chinese conglomerate has completed a deal to become the majority shareholder in Lanvin, beating off competition from Qatari investment fund Mayhoola.
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.