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.
LVMH Trumps Third Quarter Forecast
Revenues grew 12 percent to €30.1 billion at the French conglomerate, despite the strengthening euro putting tourists off spending in many European destinations.
LVMH Trumps Third Quarter Forecast
Revenues grew 12 percent to €30.1 billion at the French conglomerate, despite the strengthening euro putting tourists off spending in many European destinations.
How to Sell a Fashion Brand
Founders aiming to sell a stake in their company must be able to answer a series of critical questions.
How to Sell a Fashion Brand
Founders aiming to sell a stake in their company must be able to answer a series of critical questions.
Luxury Recovery Tempered by Caution
First-half results provided further evidence of a luxury recovery, although caution over currency headwinds dampened investor enthusiasm.
Luxury Recovery Tempered by Caution
First-half results provided further evidence of a luxury recovery, although caution over currency headwinds dampened investor enthusiasm.
Supreme Confirms Investment From Carlyle Group
Supreme founder James Jebbia has confirmed that private equity giant The Carlyle Group has taken a stake in the skater-inflected label and longtime purveyor of ‘downtown cool.’
Supreme Confirms Investment From Carlyle Group
Supreme founder James Jebbia has confirmed that private equity giant The Carlyle Group has taken a stake in the skater-inflected label and longtime purveyor of ‘downtown cool.’
Nike's Relies on China Sales Amidst US Slump
Nike's US business continued to sputter last quarter, putting extra pressure on overseas markets like China and Latin America to pick up the slack.
Nike's Relies on China Sales Amidst US Slump
Nike's US business continued to sputter last quarter, putting extra pressure on overseas markets like China and Latin America to pick up the slack.
Nestlé Chief's Strategic Vision Overshadowed by Death at L'Oréal
Following the death of heiress Liliane Bettencourt, Nestlé management faces increased pressure to 'clarify its thinking on the company’s mid-term relationship with L'Oréal,' say analysts.
Nestlé Chief's Strategic Vision Overshadowed by Death at L'Oréal
Following the death of heiress Liliane Bettencourt, Nestlé management faces increased pressure to 'clarify its thinking on the company’s mid-term relationship with L'Oréal,' say analysts.
Gucci's Rise Signals a New Model for Fashion
As a fashion system built on seasonal collections, runway shows and wholesale partnerships continues to wane, what’s taking its place?
Gucci's Rise Signals a New Model for Fashion
As a fashion system built on seasonal collections, runway shows and wholesale partnerships continues to wane, what’s taking its place?
SMCP Could be Worth $2.4 Billion
The group, which owns the Sandro, Maje and Claudie Pierlot brands, is planning an IPO in Paris.
SMCP Could be Worth $2.4 Billion
The group, which owns the Sandro, Maje and Claudie Pierlot brands, is planning an IPO in Paris.
Zara Owner Inditex Sees Profit Growth of 9% in the First Half
While strong growth in online and in-store sales caused the Spanish fashion retailer's net profit rise to €1.37 billion, its gross margin as a percentage of sales slipped because of a stronger euro.
Zara Owner Inditex Sees Profit Growth of 9% in the First Half
While strong growth in online and in-store sales caused the Spanish fashion retailer's net profit rise to €1.37 billion, its gross margin as a percentage of sales slipped because of a stronger euro.
Artemis Launches Kering €375 Million Convertible Bond Offer
The bond offer from Francois Pinault's family holding company will give investors exposure to shares in Pinault's luxury goods group Kering.
Artemis Launches Kering €375 Million Convertible Bond Offer
The bond offer from Francois Pinault's family holding company will give investors exposure to shares in Pinault's luxury goods group Kering.
Hermès First-Half Profits Hit Record Levels
The luxury goods house warned second-half results may slow, but said it was keeping an 'ambitious' medium-term goal for revenue growth despite growing economic and geopolitical uncertainties.
Hermès First-Half Profits Hit Record Levels
The luxury goods house warned second-half results may slow, but said it was keeping an 'ambitious' medium-term goal for revenue growth despite growing economic and geopolitical uncertainties.
While Richemont Sales Beat Expectations, its Leadership Crisis Ensues
Georges Kern's successor has still not been named, suggesting outsiders may be reluctant to take on the challenging task of heading up the company's watchmaking division.
While Richemont Sales Beat Expectations, its Leadership Crisis Ensues
Georges Kern's successor has still not been named, suggesting outsiders may be reluctant to take on the challenging task of heading up the company's watchmaking division.
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.