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.
The Year Ahead: Fashion Is Set for a Surge in M&A
As the gap widens between the best-performing companies and the rest, M&A activity will increase as leaders manoeuvre to take market share, unlock new opportunities and expand capabilities.
The Year Ahead: Fashion Is Set for a Surge in M&A
As the gap widens between the best-performing companies and the rest, M&A activity will increase as leaders manoeuvre to take market share, unlock new opportunities and expand capabilities.
Fashion Is Set for an M&A Frenzy in 2021
With a coronavirus vaccine on the horizon, rare pandemic-era deals like VF Corp’s acquisition of Supreme and the Alibaba-Richemont-Farfetch alliance could give way to a surge in M&A activity in 2021 as a rebound takes hold.
Fashion Is Set for an M&A Frenzy in 2021
With a coronavirus vaccine on the horizon, rare pandemic-era deals like VF Corp’s acquisition of Supreme and the Alibaba-Richemont-Farfetch alliance could give way to a surge in M&A activity in 2021 as a rebound takes hold.
Luxury Sector Recovers in Time for Second Lockdown
Quarterly results have highlighted a recovery in sales over the summer, but the sector is bracing itself for further lockdowns in Europe and potential post-election turmoil in the US.
Luxury Sector Recovers in Time for Second Lockdown
Quarterly results have highlighted a recovery in sales over the summer, but the sector is bracing itself for further lockdowns in Europe and potential post-election turmoil in the US.
ThredUp Files Confidentially for IPO
The size and price range of the offering have not yet been determined, the company said.
ThredUp Files Confidentially for IPO
The size and price range of the offering have not yet been determined, the company said.
Luxury Makes Gains Despite Chaos
The market proved resilient through WHO warnings of a Covid spike in Europe, huge uncertainty over Brexit and the US elections, and the collapse of the sector’s biggest deal, as investors set their eyes on 2021.
Luxury Makes Gains Despite Chaos
The market proved resilient through WHO warnings of a Covid spike in Europe, huge uncertainty over Brexit and the US elections, and the collapse of the sector’s biggest deal, as investors set their eyes on 2021.
Positive Trading Updates Help Lift Luxury
Good news on current trading has caused the Savigny Luxury Index to bounce back this month.
Positive Trading Updates Help Lift Luxury
Good news on current trading has caused the Savigny Luxury Index to bounce back this month.
Women’s Retailer J. Jill Has 10 Days to Avoid Bankruptcy Filing
The clothing retailer said that it plans to file for bankruptcy if it fails to get lenders holding 95 percent of its term loans on board with a deal by September 11.
Women’s Retailer J. Jill Has 10 Days to Avoid Bankruptcy Filing
The clothing retailer said that it plans to file for bankruptcy if it fails to get lenders holding 95 percent of its term loans on board with a deal by September 11.
Luxury Clobbered By Covid-19
The Savigny Luxury Index (“SLI”) took a tumble this month, with the luxury sector enduring one of its worst quarters on record.
Luxury Clobbered By Covid-19
The Savigny Luxury Index (“SLI”) took a tumble this month, with the luxury sector enduring one of its worst quarters on record.
US Economy Shrinks at Record Pace in Second Quarter
While employment, spending and production have improved since reopenings picked up in May and massive federal stimulus reached Americans, a recent surge in infections has tempered the recovery.
US Economy Shrinks at Record Pace in Second Quarter
While employment, spending and production have improved since reopenings picked up in May and massive federal stimulus reached Americans, a recent surge in infections has tempered the recovery.
E-Commerce Stocks Face Lofty Hopes After Pandemic-Fuelled Demand
The surge in demand, and share price, may not live up to sales growth predictions.
E-Commerce Stocks Face Lofty Hopes After Pandemic-Fuelled Demand
The surge in demand, and share price, may not live up to sales growth predictions.
Luxury's Bumpy Road Ahead
Investors are pinning their hopes on a 2021 recovery, but a worsening Covid-19 situation in the US and glum forecasts from the Federal Reserve indicate it won't be an easy path.
Luxury's Bumpy Road Ahead
Investors are pinning their hopes on a 2021 recovery, but a worsening Covid-19 situation in the US and glum forecasts from the Federal Reserve indicate it won't be an easy path.
LVMH-Backed Private Equity Fund Sees More US Job Growth Coming in June
L Catterton Co-Chief Executive Michael Chu said he expects job growth this month will outpace the rise in May.
LVMH-Backed Private Equity Fund Sees More US Job Growth Coming in June
L Catterton Co-Chief Executive Michael Chu said he expects job growth this month will outpace the rise in May.
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.