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.
Report: Google Owner Alphabet in Bid to Buy Fitbit
Fitbit shares rose 27 percent on the news, giving the company a market capitalisation of $1.4 billion.
Report: Google Owner Alphabet in Bid to Buy Fitbit
Fitbit shares rose 27 percent on the news, giving the company a market capitalisation of $1.4 billion.
Authentic Brands Declares Victory in Barneys Bid, But It's Not a Done Deal
Authentic Brands Group said it had succeeded in its bid for the luxury retailer, but two competing bidders say they are still in the running.
Authentic Brands Declares Victory in Barneys Bid, But It's Not a Done Deal
Authentic Brands Group said it had succeeded in its bid for the luxury retailer, but two competing bidders say they are still in the running.
Hudson’s Bay to Go Private at $1.45 Billion Valuation
The bid comes as investors hope to reinvigorate the fading 349-year-old department-store chain.
Hudson’s Bay to Go Private at $1.45 Billion Valuation
The bid comes as investors hope to reinvigorate the fading 349-year-old department-store chain.
Authentic Brands Group Bids $271 Million For Barneys, Plans to Close All 7 Stores
The licensing group is the preferred bidder in an auction that runs through Oct. 22. If the bid succeeds, liquidation could start soon after.
Authentic Brands Group Bids $271 Million For Barneys, Plans to Close All 7 Stores
The licensing group is the preferred bidder in an auction that runs through Oct. 22. If the bid succeeds, liquidation could start soon after.
Geopolitical Uncertainty Plays Tug of War on Luxury Index
Riots in Hong Kong, Brexit and continued tensions between the USA and its trading partners have caused the Savigny Luxury Index to fluctuate this month.
Geopolitical Uncertainty Plays Tug of War on Luxury Index
Riots in Hong Kong, Brexit and continued tensions between the USA and its trading partners have caused the Savigny Luxury Index to fluctuate this month.
Fast Fashion Retailer C&A May Raise up to $540 Million in Brazil IPO
C&A intends to raise funds to pay down $190 million in intercompany loans and to expand the business.
Fast Fashion Retailer C&A May Raise up to $540 Million in Brazil IPO
C&A intends to raise funds to pay down $190 million in intercompany loans and to expand the business.
Barneys Considers Buyout Proposal From Retail Investor Group
The effort is being led by Sam Ben-Avraham, known for his roles in starting New York retail store Atrium and streetwear brand Kith, said people familiar with the matter.
Barneys Considers Buyout Proposal From Retail Investor Group
The effort is being led by Sam Ben-Avraham, known for his roles in starting New York retail store Atrium and streetwear brand Kith, said people familiar with the matter.
Luxury Stocks Push European Shares Lower
All eyes are on the US Federal Reserve ahead of a widely expected interest rate cut.
Luxury Stocks Push European Shares Lower
All eyes are on the US Federal Reserve ahead of a widely expected interest rate cut.
Madewell Files for IPO, Will Split From J.Crew
The IPO could garner a substantial valuation and help pay down a meaningful portion of J. Crew Group Inc.'s over $1.7 billion debt.
Madewell Files for IPO, Will Split From J.Crew
The IPO could garner a substantial valuation and help pay down a meaningful portion of J. Crew Group Inc.'s over $1.7 billion debt.
Fashion Retailer C&A Files to Begin IPO Process in Brazil
One of the biggest clothing retailers in Brazil, has started procedures for an initial public offering (IPO) on the country's B3 stock exchange.
Fashion Retailer C&A Files to Begin IPO Process in Brazil
One of the biggest clothing retailers in Brazil, has started procedures for an initial public offering (IPO) on the country's B3 stock exchange.
There’s a New Stock Market Darling in the World of Fast Fashion
British online retailer Boohoo posted a record market value of £3.3 billion, while Asos shares fall.
There’s a New Stock Market Darling in the World of Fast Fashion
British online retailer Boohoo posted a record market value of £3.3 billion, while Asos shares fall.
Topsports to Seek Approval Next Week for $1 Billion IPO
The sportswear retailer is planning to make its Hong Kong stock market debut, seeking to raise around $1 billion.
Topsports to Seek Approval Next Week for $1 Billion IPO
The sportswear retailer is planning to make its Hong Kong stock market debut, seeking to raise around $1 billion.
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.