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.
L Catterton Acquires Majority Stake in Ganni
With new backing from the LVMH-linked private equity firm, the distinctive Danish label has its sights set on global growth.
L Catterton Acquires Majority Stake in Ganni
With new backing from the LVMH-linked private equity firm, the distinctive Danish label has its sights set on global growth.
Europe's Warm Autumn Slows Growth at Inditex
The Zara owner reported a slowdown in sales growth in its third quarter, although analysts pointed to a brighter end of the year.
Europe's Warm Autumn Slows Growth at Inditex
The Zara owner reported a slowdown in sales growth in its third quarter, although analysts pointed to a brighter end of the year.
Inside Dr. Martens’ Billion-Dollar Ambitions
After a period of trouble, the counterculture boot-maker is thriving. How far can it go? And when will its private equity owner exit?
Inside Dr. Martens’ Billion-Dollar Ambitions
After a period of trouble, the counterculture boot-maker is thriving. How far can it go? And when will its private equity owner exit?
Vancouver’s ‘Golden Time’ Unleashing Luxury Boom
An influx of rich Chinese has made the Canadian city, known for its outdoor lifestyle and ability to produce homegrown international brands, increasingly strategic to the global luxury sector.
Vancouver’s ‘Golden Time’ Unleashing Luxury Boom
An influx of rich Chinese has made the Canadian city, known for its outdoor lifestyle and ability to produce homegrown international brands, increasingly strategic to the global luxury sector.
Apax Makes Waves on the Battlefield of Luxury E-Commerce
With MatchesFashion and now Moda Operandi in its portfolio of investments, what is Apax Partners’ endgame in fashion e-commerce?
Apax Makes Waves on the Battlefield of Luxury E-Commerce
With MatchesFashion and now Moda Operandi in its portfolio of investments, what is Apax Partners’ endgame in fashion e-commerce?
Carmen Busquets Leads Seed Funding for Maison-De-Mode.com
The luxury ethical retailer plans to use the capital to help scale the business further by growing the size of the company's team, investing in new technologies and expanding into new product categories.
Carmen Busquets Leads Seed Funding for Maison-De-Mode.com
The luxury ethical retailer plans to use the capital to help scale the business further by growing the size of the company's team, investing in new technologies and expanding into new product categories.
L'Officiel and US Partner GEM Group Announce $50 Million Investment Fund
The partners will support global and emerging brands with capital and marketing support.
L'Officiel and US Partner GEM Group Announce $50 Million Investment Fund
The partners will support global and emerging brands with capital and marketing support.
Political Headwinds Take Luxury Rebound Off Course
November’s political agenda, dominated by the Trump administration and Brexit woes, sent the SLI off course.
Political Headwinds Take Luxury Rebound Off Course
November’s political agenda, dominated by the Trump administration and Brexit woes, sent the SLI off course.
Hudson's Bay Posts Wider-Than-Expected Loss on Lower Retail Sales
The owner of the Saks Fifth Avenue luxury retailer said comparable sales during the quarter were impacted by lower traffic and deeper discounts.
Hudson's Bay Posts Wider-Than-Expected Loss on Lower Retail Sales
The owner of the Saks Fifth Avenue luxury retailer said comparable sales during the quarter were impacted by lower traffic and deeper discounts.
Social Goods | Bruce Weber Accused of Sexual Misconduct, Police Raid Gucci Offices
This week, photographer Bruce Weber is sued by a male model for sexual harassment, while Gucci offices were raided over tax evasion.
Social Goods | Bruce Weber Accused of Sexual Misconduct, Police Raid Gucci Offices
This week, photographer Bruce Weber is sued by a male model for sexual harassment, while Gucci offices were raided over tax evasion.
Report: Italian Financial Police Visit Gucci Offices in Tax Probe
Milan prosecutors suspected the Kering-owned brand may have paid taxes on profits generated by sales in Italy in another country with a more favourable tax regime, according to a source.
Report: Italian Financial Police Visit Gucci Offices in Tax Probe
Milan prosecutors suspected the Kering-owned brand may have paid taxes on profits generated by sales in Italy in another country with a more favourable tax regime, according to a source.
Calvin Klein and Tommy Hilfiger Owner Beats Forecasts
PVH posted revenue of $2.36 billion in the third quarter.
Calvin Klein and Tommy Hilfiger Owner Beats Forecasts
PVH posted revenue of $2.36 billion in the third quarter.
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.