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.
Scooter Braun Invests in Editorialist
Editorialist’s luxury content-and-commerce business joins the music entrepreneur’s growing list of investments under Ithaca Ventures.
Scooter Braun Invests in Editorialist
Editorialist’s luxury content-and-commerce business joins the music entrepreneur’s growing list of investments under Ithaca Ventures.
Ahead of Michael Kors Takeover, Jimmy Choo's Profit Almost Triples
The luxury shoemaker reported its pre-tax profit for the half year hit £18.1 million, helped by its retail and licensing businesses, as well as demand for its men's offering.
Ahead of Michael Kors Takeover, Jimmy Choo's Profit Almost Triples
The luxury shoemaker reported its pre-tax profit for the half year hit £18.1 million, helped by its retail and licensing businesses, as well as demand for its men's offering.
Abercrombie & Fitch Looks to Hollister for Lessons in Tapping Gen-Z
While the struggling mall retailer has been bolstered by good results from teen friendly Hollister, its namesake brand is still working to find its footing. CEO Fran Horowitz outlines the plan for BoF.
Abercrombie & Fitch Looks to Hollister for Lessons in Tapping Gen-Z
While the struggling mall retailer has been bolstered by good results from teen friendly Hollister, its namesake brand is still working to find its footing. CEO Fran Horowitz outlines the plan for BoF.
J. Crew Names New CFO as Sales Drop Deepens
J. Crew’s total revenue fell 2 percent to $560.9 million for the quarter ended July 29, while sales at stores open at least a year declined 5 percent.
J. Crew Names New CFO as Sales Drop Deepens
J. Crew’s total revenue fell 2 percent to $560.9 million for the quarter ended July 29, while sales at stores open at least a year declined 5 percent.
Chanel Sees Dip in Sales, Profits
Chanel International BV — a Dutch holding company that is part of the Chanel empire —saw a year-on-year loss of 9 percent in 2016, with a turnover of $5.67 billion, according to new reports.
Chanel Sees Dip in Sales, Profits
Chanel International BV — a Dutch holding company that is part of the Chanel empire —saw a year-on-year loss of 9 percent in 2016, with a turnover of $5.67 billion, according to new reports.
Report: SMCP to File for IPO With a Valuation of up to $2.4 Billion
The French company behind fashion brands Sandro, Maje and Claudie Pierlot, which is controlled by China's Shandong Ruyi, is expected to list in Paris this autumn.
Report: SMCP to File for IPO With a Valuation of up to $2.4 Billion
The French company behind fashion brands Sandro, Maje and Claudie Pierlot, which is controlled by China's Shandong Ruyi, is expected to list in Paris this autumn.
Why Private Equity Is Betting on Payment-Processing Technology
As e-commerce systems and technology become increasingly sophisticated, private equity firms are looking to invest in the cashless future of retail.
Why Private Equity Is Betting on Payment-Processing Technology
As e-commerce systems and technology become increasingly sophisticated, private equity firms are looking to invest in the cashless future of retail.
Evaluating Raf Simons’ First Year at Calvin Klein
It’s been one year since Raf Simons took creative control of Calvin Klein. Is it working?
Evaluating Raf Simons’ First Year at Calvin Klein
It’s been one year since Raf Simons took creative control of Calvin Klein. Is it working?
Osman Sells Majority Stake to Luxcite
The London-based brand's founder, Osman Yousefzada, said the capital will be used to deepen wholesale partnerships and ramp up direct-to-consumer sales.
Osman Sells Majority Stake to Luxcite
The London-based brand's founder, Osman Yousefzada, said the capital will be used to deepen wholesale partnerships and ramp up direct-to-consumer sales.
YNAP Sales Hit €1 Billion as Mobile Grows
The online luxury retailer Yoox Net-a-Porter reported first-half earnings that beat estimates as the company’s mobile platform grew to account for more than half of sales.
YNAP Sales Hit €1 Billion as Mobile Grows
The online luxury retailer Yoox Net-a-Porter reported first-half earnings that beat estimates as the company’s mobile platform grew to account for more than half of sales.
Gucci Isn't the Only Brand Fuelling Growth at Kering
The luxury conglomerate's growth trend continues at an impressive pace, thanks to sales increases in nearly every region and from more brands than powerhouses Gucci and Saint Laurent.
Gucci Isn't the Only Brand Fuelling Growth at Kering
The luxury conglomerate's growth trend continues at an impressive pace, thanks to sales increases in nearly every region and from more brands than powerhouses Gucci and Saint Laurent.
LVMH Profit Grows at Fastest Rate Since 2011 as Asia Rebounds
Profit from recurring operations rose 23 percent to €3.64 billion ($4.23 billion) in the first half, the French luxury goods conglomerate reported Wednesday.
LVMH Profit Grows at Fastest Rate Since 2011 as Asia Rebounds
Profit from recurring operations rose 23 percent to €3.64 billion ($4.23 billion) in the first half, the French luxury goods conglomerate reported Wednesday.
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.