Latest in Financial
Former Target CEO Brian Cornell Scores $21.8M Pay Package in Final Year in the Corner Office
Shareholders are also pushing for the company's chair to be an independent director.
The Saks Global Lenders in Line to Potentially Own the Retailer After Bankruptcy
A recent court filing updated the membership and holdings of the ad hoc group of lenders that gave the…
Bankruptcy Court Approves Saks Global’s $500M Exit Financing Package
The approval helps set the company up for life after Chapter 11.
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Les Deux Delivers Double-digit Growth Amid Physical Retail Push
The Danish menswear brand reported a 13 percent full-year revenue growth while investing in offline…
Bernard Arnault Warns Middle East Conflict Could Spell ‘Catastrophe’ for World Economy
Despite near-term volatility, the luxury magnate remains confident about the midterm outlook and expects to…
Inside ZYA Fund: How Saudi Arabia Is Building Its First Institutional Bet on Fashion
In an exclusive interview, Cultural Development Fund CEO Majed Al-Hugail reveals the $80 million fund's deal…
Tailored Brands Looks to Return to Wall Street With a Second IPO
The retailer, which emerged from bankruptcy in 2020, said it confidentially filed for a public stock offering.
Timothée Chalamet Takes Minority Stake in Watchmaker Urban Jürgensen
The "Marty Supreme" and "Dune" star recently made waves with his collection of timepieces from high-end…
Moncler Group Reports Strong Q1 Sales
Asia and the direct-to-consumer channel helped boost the performance in the three months ended March 31.
Abercrombie CEO Fran Horowitz’ Pay Slips to $13.3M for 2025
Most of the compensation package came from $10.5 million in stock options.
Mulberry’s Turnaround Strategy Lifts Fiscal 2026 Sales and Margins
The British brand posted a 5.7 percent sales increase at constant currency, double-digit second-half growth…
QVC Group Looks to Race Through Bankruptcy
The home shopping network said it has a restructuring support plan that will allow it to pay its vendors in…
We’re Living in a ‘VUCA’ World, Said Axel Dumas at Hermès’ AGM
Chaos is the new normal, said the luxury brand's executive chair, as he shrugged off U.S. tariffs and said…
Equity Analysts React to Kering’s Capital Markets Day
Despite hours of upbeat talk from Kering CEO Luca de Meo, doubts linger about Gucci's brand heat and return…
The Quotable Luca de Meo
The executive displayed his talent for trenchant remarks and insights, often punchy and sometimes blunt.