Latest in Financial
Ssense to Restructure, Obtains $40 Million in Financing to Continue Operating
The trendy Montreal retailer was among the victims of the luxury slowdown and the elimination of de minimus…
Labubu May Have Peaked for Now, but Pop Mart Is Here to Stay
With international expansion at a steady pace and a roster of popular artist IPs beyond Labubu, the Chinese…
Klarna’s IPO Brings Buy Now, Pay Later Revolution to Wall Street
The payment company is looking to take a bigger bite out of the credit card industry.
Tapestry Opens a Much Wider Lens on the Handbag Market, Targets $10B for Coach
In an interview, CEO Joanne Crevoiserat said the company is now targeting a market made up of 1.9 billion…
Inditex Maintains Momentum as In-season Model Powers Sales Growth
Sales were up 5.1 percent at constant currency in the first half of the year to July 31, and 9 percent at the…
Incoming CEO Luca de Meo Pledges to Get Kering’s ‘Mojo Back’
In his first public appearance, the executive said he would start implementing his turnaround plan for the…
Lululemon Stock Analysts See Lost ‘Year’ of Earnings, ‘Show Me’ Story
Instead of proving out its U.S. turnaround efforts, the brand's second-quarter earnings last week revealed a…
Zegna Group Reports 53% Profit Surge in H1 2025 Amid Strategic Investments Across Brands
The group is leveraging its direct-to-consumer store network and brand capabilities.
Lululemon Gets Tripped Up in Q2 by Tariffs and Product Missteps
Shares of the company fell 15.3 percent and Calvin McDonald said the brand "let our product life cycles run…
Retail CEOs Try to Project a Sense of Control at the Goldman Sachs Conference
Walmart's Doug McMillon, PVH's Stefan Larsson and others were out courting Wall Street investors.
Thrifty Luxe: 5 Takeaways From The RealReal’s 2025 Resale Report
A peek at RealReal's internal data shows how shoppers are turning to resale as they think about luxury.
G-III’s Q2 Profits Fall as Tariffs Settle In
CEO Morris Goldfarb said the company is still well positioned and could tap into its strong balance sheet to…
Burberry Returns to FTSE 100 Blue Chip Index on London Stock Exchange
Since CEO Josh Schulman joined last year, Burberry's share price has more than doubled and his turnaround…
The Sydney Sweeney Campaign Is Touted as a Success by American Eagle Outfitters
The brand's marketing chief said "'Sydney Sweeney Has Great Jeans' is not going anywhere."
Luxury Yacht-maker Azimut|Benetti Posts Record Sales
The Italian shipbuilder said that the Middle East region is one of its fastest-growing regions, accelerated…