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.
Next Shares Rise as it Holds Profit Forecast in Tough UK Market
The UK retailer maintained its forecast that profit will fall this year to between £680 million ($849 million) and £780 million, defying some analyst predictions that CEO Simon Wolfson would lower it.
Next Shares Rise as it Holds Profit Forecast in Tough UK Market
The UK retailer maintained its forecast that profit will fall this year to between £680 million ($849 million) and £780 million, defying some analyst predictions that CEO Simon Wolfson would lower it.
Report: Jack Ma to Launch Alibaba Distribution Hub in Malaysia
The hub would be sited within a 24,700-acre development led by airport operator Malaysia Airports Holdings that is expected to generate more than $1.58 billion worth of domestic and foreign investments.
Report: Jack Ma to Launch Alibaba Distribution Hub in Malaysia
The hub would be sited within a 24,700-acre development led by airport operator Malaysia Airports Holdings that is expected to generate more than $1.58 billion worth of domestic and foreign investments.
Why Vetements is Moving to Zürich
The cult fashion collective is leaving Paris for a ‘clean slate’ — and a favourable tax regime — in Switzerland’s largest city.
Why Vetements is Moving to Zürich
The cult fashion collective is leaving Paris for a ‘clean slate’ — and a favourable tax regime — in Switzerland’s largest city.
Canada Goose Vaults Reiss From Aspiring Writer to Millionaire
Dani Reiss had no intention of running a billion-dollar clothing empire when he joined his dad’s shop making winter parkas 20 years ago.
Canada Goose Vaults Reiss From Aspiring Writer to Millionaire
Dani Reiss had no intention of running a billion-dollar clothing empire when he joined his dad’s shop making winter parkas 20 years ago.
Report: Valentino Not Expected to List IPO in 2017
In December 2015, the Qatari owners of the fashion house asked Rothschild to involve a number of banks in the listing, but the operation has been regularly postponed.
Report: Valentino Not Expected to List IPO in 2017
In December 2015, the Qatari owners of the fashion house asked Rothschild to involve a number of banks in the listing, but the operation has been regularly postponed.
Canada Goose Ends Drought of Luxury Goods IPOs
Canada Goose is seeking to raise as much as C$320 million ($237 million) in its IPO, scheduled to price Wednesday after markets close.
Canada Goose Ends Drought of Luxury Goods IPOs
Canada Goose is seeking to raise as much as C$320 million ($237 million) in its IPO, scheduled to price Wednesday after markets close.
Elie Saab Sets a New Course in New York
As he opens his first US boutique, the Lebanese designer speaks exclusively to BoF about growing beyond couture and his approach to the red carpet.
Elie Saab Sets a New Course in New York
As he opens his first US boutique, the Lebanese designer speaks exclusively to BoF about growing beyond couture and his approach to the red carpet.
What Does a Status Symbol Look Like in 2017?
As Snap’s IPO mints a mountain of new millionaires in Los Angeles, what will their spending reveal about changing luxury consumption patterns and the state of status in 2017?
What Does a Status Symbol Look Like in 2017?
As Snap’s IPO mints a mountain of new millionaires in Los Angeles, what will their spending reveal about changing luxury consumption patterns and the state of status in 2017?
Snap to Price Long-Awaited IPO Amid Signs of Brisk Demand
Snap is targeting a valuation of between $19.5 billion and $22.3 billion, the richest valuation in a US tech IPO since Facebook in 2012.
Snap to Price Long-Awaited IPO Amid Signs of Brisk Demand
Snap is targeting a valuation of between $19.5 billion and $22.3 billion, the richest valuation in a US tech IPO since Facebook in 2012.
Burberry Surges as Belgian Investor Albert Frere Buys 3 Pct Stake
The shares were up as much as 5.9 percent in London on Tuesday afternoon, to the highest since May 2015.
Burberry Surges as Belgian Investor Albert Frere Buys 3 Pct Stake
The shares were up as much as 5.9 percent in London on Tuesday afternoon, to the highest since May 2015.
Gap Keeps Turnaround Hopes Alive
Investors have been waiting for signals that Peck’s turnaround plan is working.
Gap Keeps Turnaround Hopes Alive
Investors have been waiting for signals that Peck’s turnaround plan is working.
Nordstrom Tops Fourth-Quarter Profit Forecasts
Nordstrom Inc. on Thursday reported fiscal fourth-quarter net income of $201 million.
Nordstrom Tops Fourth-Quarter Profit Forecasts
Nordstrom Inc. on Thursday reported fiscal fourth-quarter net income of $201 million.
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.