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Latest in Financial

Miu Miu Helps Boost Prada Group H1 Sales

Group revenues were up 8 percent to 2.74 billion euros, propelled by a 49 percent rise at Miu Miu.

Chairman Gildo Zegna on Group Strategies, Investments, Opportunities

Reporting a dip of 3.4 percent or 2.6 percent in organic terms in first-half sales, offset by a strong DTC…

While Rivals Stumble, Hermès Keeps Climbing With Q2 Sales Up 9%

The luxury house posted sales of 3.9 billion euros in the second quarter, citing brand equity, scarcity and…

Retail’s Spending Divide: How CapEx Could Shape the Future of Fashion

Apparel brands and retailers mostly plan to increase spending this year, but are having to learn how to fund…

SMCP Q2 Sales Up 3% With Full-price Strategy Boosting Growth

Sales surged 21.6 percent in the Americas, despite incorporating tariffs and raising prices in the U.S.

Kering Deepens Cost Cuts After Another Dismal Quarter

The French luxury group is preparing for the arrival of new CEO Luca de Meo by ramping up store closures, but…

Marc Jacobs on the Block as LVMH Looks for $1B

Sources said the luxury powerhouse is in talks with licensing specialists Authentic, WHP and Bluestar.

LVMH Stock Rises 3.9% Following H1 Results Release

Bernard Arnault reportedly plans to open another Louis Vuitton factory in Texas and will not sell LVMH's…

LVMH Fashion Division Misses Forecasts as Japan Sales Plummet

The fashion and leather goods segment saw organic sales drop 9 percent in the second quarter.

Moncler Group Reports Flat First-half Revenues

A tourism slowdown and macroeconomic challenges were highlighted by management, as net profits fell 15…

Kohl’s Shares Shoot Up Over 105% as Meme Stock Dynamics Overwhelm Retail Issues

Shares of the company settled at a 37 percent increase as investors took stock of the market.

Burberry Stems Sales Declines in First Quarter as Schulman’s Strategy Takes Hold

Burberry's stylish ad campaigns, events and hotel takeovers have helped bolster the brand and build sales…

Swatch Group H1 Profits Down 88%, as Greater China Woes Continue

While Greater China continues to weigh heavily on first-half results, the group said it saw positive signs…

Richemont’s Jewelry Sales Soar in Q1 Due to Demand in Europe, Americas and the Middle East

Cartier, Van Cleef & Arpels and Richemont's other jewelers notched double-digit gains for the third…

Why CEO Pay Is Always Moving Higher in Fashion — and Corporate America

WWD's annual study on executive pay found 25 U.S. leaders with pay packages topping $10 million last year.