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.
$715 Million Mavi Jeans IPO Could Be Turkey's Largest Since 2013
The deal promises to shake up a moribund market for Turkish IPOs, characterised by years of cancelled or postponed sales and short-lived listings.
$715 Million Mavi Jeans IPO Could Be Turkey's Largest Since 2013
The deal promises to shake up a moribund market for Turkish IPOs, characterised by years of cancelled or postponed sales and short-lived listings.
Guess Reports First-Quarter Loss
Guess shares have fallen 18 percent since the beginning of the year and on Wednesday reported a loss of $21.3 million in its fiscal first quarter.
Guess Reports First-Quarter Loss
Guess shares have fallen 18 percent since the beginning of the year and on Wednesday reported a loss of $21.3 million in its fiscal first quarter.
Calvin Klein and Tommy Hilfiger Owner PVH Beats First-Quarter Forecasts
The New York-based company posted revenue of $1.99 billion in the period.
Calvin Klein and Tommy Hilfiger Owner PVH Beats First-Quarter Forecasts
The New York-based company posted revenue of $1.99 billion in the period.
Samwer Brothers Sell 3.8 Percent Stake in Zalando
Based on Wednesday's closing price, the stake Global Founders GmbH — the investment vehicle of German start-up investors Oliver, Marc and Alexander Samwer — has sold is worth €391 million.
Samwer Brothers Sell 3.8 Percent Stake in Zalando
Based on Wednesday's closing price, the stake Global Founders GmbH — the investment vehicle of German start-up investors Oliver, Marc and Alexander Samwer — has sold is worth €391 million.
Dubai's Emaar Buys 51 Percent Stake in E-Commerce Site Namshi
Emaar Malls said it will buy a 51 percent stake in fashion website Namshi from Germany's Rocket Internet for $151 million as competition for technology deals heats up in the Middle East.
Dubai's Emaar Buys 51 Percent Stake in E-Commerce Site Namshi
Emaar Malls said it will buy a 51 percent stake in fashion website Namshi from Germany's Rocket Internet for $151 million as competition for technology deals heats up in the Middle East.
H&M Chairman Buys Up More Shares as Prices Fall
As shares of Hennes & Mauritz fall, its chairman Stefan Persson has bought an additional 20.6 million shares in the company, raising his combined investment to 39.7 percent.
H&M Chairman Buys Up More Shares as Prices Fall
As shares of Hennes & Mauritz fall, its chairman Stefan Persson has bought an additional 20.6 million shares in the company, raising his combined investment to 39.7 percent.
Victoria's Secret Owner L Brands Tops First Quarter Forecasts
L Brands Inc. on Wednesday reported fiscal first-quarter earnings of $94.1 million.
Victoria's Secret Owner L Brands Tops First Quarter Forecasts
L Brands Inc. on Wednesday reported fiscal first-quarter earnings of $94.1 million.
Urban Outfitters Misses First Quarter Forecasts
Urban Outfitters Inc. on Tuesday reported fiscal first-quarter earnings of $11.9 million.
Urban Outfitters Misses First Quarter Forecasts
Urban Outfitters Inc. on Tuesday reported fiscal first-quarter earnings of $11.9 million.
Flipkart Deal With Snapdeal Said to Need Further Investor Approvals
Several important investors have yet to sign on to the deal, which could create a stronger local competitor to battle Amazon in India's e-commerce market.
Flipkart Deal With Snapdeal Said to Need Further Investor Approvals
Several important investors have yet to sign on to the deal, which could create a stronger local competitor to battle Amazon in India's e-commerce market.
Miroslava Duma Launches Fashion Tech Lab with $50 Million to Invest
The founder of Buro 24/7 is setting up a hybrid venture that is part investment fund, accelerator and experimental laboratory to commercialise new technologies and sustainable innovation for the fashion industry.
Miroslava Duma Launches Fashion Tech Lab with $50 Million to Invest
The founder of Buro 24/7 is setting up a hybrid venture that is part investment fund, accelerator and experimental laboratory to commercialise new technologies and sustainable innovation for the fashion industry.
Snap Shares Tumble After New Users and Sales Growth Slow
The company's social media app added fewer users than projected in the first quarter, a sign that it may have trouble expanding its audience as social-media giant Facebook copies its most popular features.
Snap Shares Tumble After New Users and Sales Growth Slow
The company's social media app added fewer users than projected in the first quarter, a sign that it may have trouble expanding its audience as social-media giant Facebook copies its most popular features.
Snap's First Earnings To Shed Light on Battle With Facebook, Twitter
Investors in the social media app are eager to avoid one in particular when the company reports its earnings for the first time since its initial public offering: a plunging stock price.
Snap's First Earnings To Shed Light on Battle With Facebook, Twitter
Investors in the social media app are eager to avoid one in particular when the company reports its earnings for the first time since its initial public offering: a plunging stock price.
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.