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.
Shoemaker Cole Haan Preps for IPO as Athleisure Focus Boosts Sales
The move marks quite a turn for the brand Nike sold for $570 million more than six years ago.
Shoemaker Cole Haan Preps for IPO as Athleisure Focus Boosts Sales
The move marks quite a turn for the brand Nike sold for $570 million more than six years ago.
Can Reformation Become the Global Go-To For Cool Girls?
The LA-based label known for floral dresses and cheeky marketing wants to expand into Europe, Asia and Australia under new majority owner Permira Advisers. But will its winning US strategy play overseas?
Can Reformation Become the Global Go-To For Cool Girls?
The LA-based label known for floral dresses and cheeky marketing wants to expand into Europe, Asia and Australia under new majority owner Permira Advisers. But will its winning US strategy play overseas?
Tod's Founder Diego Della Valle Raises Stake to 81.2%
The brand's chairman made good on a pledge to buy shares after disappointing first-half results earlier this month, a regulatory filing showed.
Tod's Founder Diego Della Valle Raises Stake to 81.2%
The brand's chairman made good on a pledge to buy shares after disappointing first-half results earlier this month, a regulatory filing showed.
China's JD.com Beats Revenue Estimates, Forecasts Upbeat Q3 Sales
The Chinese e-commerce company beat Wall Street's earnings estimates, with total net revenue rising by 22.9 percent and shares up by 5 percent.
China's JD.com Beats Revenue Estimates, Forecasts Upbeat Q3 Sales
The Chinese e-commerce company beat Wall Street's earnings estimates, with total net revenue rising by 22.9 percent and shares up by 5 percent.
After $140 Billion Wipeout, Alibaba and Tencent Bid for Comeback
The Chinese companies are likely to rebound from trade war losses since May, with Alibaba's revenue projected to grow by 38 percent and Tencent's revenue is expected to grow by 27 percent.
After $140 Billion Wipeout, Alibaba and Tencent Bid for Comeback
The Chinese companies are likely to rebound from trade war losses since May, with Alibaba's revenue projected to grow by 38 percent and Tencent's revenue is expected to grow by 27 percent.
Facebook Bets on Indian Start-Up in $125 Million Funding Round
The social network giant is the latest to join investments into Indian e-commerce marketplace Meesho, which connects apparel resellers to social media platforms including WhatsApp.
Facebook Bets on Indian Start-Up in $125 Million Funding Round
The social network giant is the latest to join investments into Indian e-commerce marketplace Meesho, which connects apparel resellers to social media platforms including WhatsApp.
Shares in Adidas Slip As It Pays to Fix Sourcing Shortages
The German sportswear company's shares were down over 6 percent, as the company's supply chain is hit by the US-China trade war.
Shares in Adidas Slip As It Pays to Fix Sourcing Shortages
The German sportswear company's shares were down over 6 percent, as the company's supply chain is hit by the US-China trade war.
Apple and Goldman Sachs Start Issuing Apple Cards to Consumers
The technology giant and the financial services company are jointly issuing the Apple Card, with expectations to hit $1.4 billion of high-margin revenue by 2023.
Apple and Goldman Sachs Start Issuing Apple Cards to Consumers
The technology giant and the financial services company are jointly issuing the Apple Card, with expectations to hit $1.4 billion of high-margin revenue by 2023.
Ambani’s Reliance to Buy Google-Backed Indian E-Commerce Startup
The Indian multinational conglomerate will invest up to $42 million for a majority stake in the google-backed retail startup Fynd.
Ambani’s Reliance to Buy Google-Backed Indian E-Commerce Startup
The Indian multinational conglomerate will invest up to $42 million for a majority stake in the google-backed retail startup Fynd.
Prada's Turnaround Is Under Pressure
Prada is on a mission to regain its footing in the high-stakes world of luxury fashion. Its latest set of results show that won’t be easy.
Prada's Turnaround Is Under Pressure
Prada is on a mission to regain its footing in the high-stakes world of luxury fashion. Its latest set of results show that won’t be easy.
Ralph Lauren Shares Jump as Quarterly Profit Beats Expectations
The brand has been on the comeback, re-invigorating its products, pulling away from off-price channels, reducing inventory, cutting costs and refocusing on its e-commerce business. But it still has more work to do.
Ralph Lauren Shares Jump as Quarterly Profit Beats Expectations
The brand has been on the comeback, re-invigorating its products, pulling away from off-price channels, reducing inventory, cutting costs and refocusing on its e-commerce business. But it still has more work to do.
Amazon's Big Spending Dents Profit and Trims Forecast
Amazon said it would spend $800 million in the second quarter to move to one-day delivery for its best customers, trying to maintain its fast-shipping advantage over rivals like Walmart.
Amazon's Big Spending Dents Profit and Trims Forecast
Amazon said it would spend $800 million in the second quarter to move to one-day delivery for its best customers, trying to maintain its fast-shipping advantage over rivals like Walmart.
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.