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.
Coty Reports Third-Quarter Loss
Shares in the beauty company have dropped nearly 3 percent since the beginning of the year.
Coty Reports Third-Quarter Loss
Shares in the beauty company have dropped nearly 3 percent since the beginning of the year.
Matthew Moneypenny Exits Great Bowery
BoF has learned that the chief executive is departing the super-agency he founded in 2014 after disagreements with its investor, the asset management firm Waddell & Reed.
Matthew Moneypenny Exits Great Bowery
BoF has learned that the chief executive is departing the super-agency he founded in 2014 after disagreements with its investor, the asset management firm Waddell & Reed.
Estée Lauder Tops Third Quarter Forecasts
The luxury beauty conglomerate posted revenue of $2.86 billion in the period, which also beat Street forecasts.
Estée Lauder Tops Third Quarter Forecasts
The luxury beauty conglomerate posted revenue of $2.86 billion in the period, which also beat Street forecasts.
US Consumer Spending Stalls for Second Month
Analysts are expecting the consumer to bounce back, as there’s still plenty for Americans to cheer about in the economic outlook, including a steady job market.
US Consumer Spending Stalls for Second Month
Analysts are expecting the consumer to bounce back, as there’s still plenty for Americans to cheer about in the economic outlook, including a steady job market.
Coach Tops Third Quarter Profit Forecasts
Coach Inc on Tuesday reported fiscal third-quarter profit of $122.2 million.
Coach Tops Third Quarter Profit Forecasts
Coach Inc on Tuesday reported fiscal third-quarter profit of $122.2 million.
Op-Ed | Breitling's Deal Hits on a Stretch of Good Timing
The Swiss watchmaker's family owners have done well to get a deal at all. At least by keeping a 20 percent stake, they won't be shut out from all the upside.
Op-Ed | Breitling's Deal Hits on a Stretch of Good Timing
The Swiss watchmaker's family owners have done well to get a deal at all. At least by keeping a 20 percent stake, they won't be shut out from all the upside.
Op-Ed | For Burberry, a Brexit Boost Is not Enough
Burberry has benefited from the slump in sterling that has made its checked scarves cheaper to travelling consumers. But that wasn't enough to offset difficulties elsewhere.
Op-Ed | For Burberry, a Brexit Boost Is not Enough
Burberry has benefited from the slump in sterling that has made its checked scarves cheaper to travelling consumers. But that wasn't enough to offset difficulties elsewhere.
Primark Plans Biggest Expansion in a Decade as Sales Soar
The retailer will open 29 stores in the current fiscal year, mainly outside the UK, owner Associated British Foods Plc said Wednesday.
Primark Plans Biggest Expansion in a Decade as Sales Soar
The retailer will open 29 stores in the current fiscal year, mainly outside the UK, owner Associated British Foods Plc said Wednesday.
Burberry Sales Miss Estimates as Demand Dwindles in US
Burberry said that the relative strength of the US dollar had driven a strong increase in sales from US customers abroad, while demand at home was reduced.
Burberry Sales Miss Estimates as Demand Dwindles in US
Burberry said that the relative strength of the US dollar had driven a strong increase in sales from US customers abroad, while demand at home was reduced.
Uniqlo Parent Fast Retailing's Profit Increases Amid Global Expansion
The results show cost cuts by chairman Tadashi Yanai are allowing the retailer to push margins up amid sluggish demand that caused sales to drop in two of three months last quarter.
Uniqlo Parent Fast Retailing's Profit Increases Amid Global Expansion
The results show cost cuts by chairman Tadashi Yanai are allowing the retailer to push margins up amid sluggish demand that caused sales to drop in two of three months last quarter.
Qatar Wealth Fund to Open Office in Silicon Valley
The fund is one of the most active sovereign investors in the world, snapping up stakes in everything from real estate to luxury goods.
Qatar Wealth Fund to Open Office in Silicon Valley
The fund is one of the most active sovereign investors in the world, snapping up stakes in everything from real estate to luxury goods.
Google Searches Seen as Luxury Investors' Must-Have Tool in Fashion
Google searches are the new essential tool for luxury investors looking to decipher what's beyond the latest line of Prada purses and Birkin bags.
Google Searches Seen as Luxury Investors' Must-Have Tool in Fashion
Google searches are the new essential tool for luxury investors looking to decipher what's beyond the latest line of Prada purses and Birkin bags.
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.