Latest in Financial
Capri Holdings Plots Turnaround After Steep Q4 Losses
A tax valuation allowance pushed the Michael Kors parent to a fiscal fourth-quarter net loss of $645 million.
Ralph Lauren Tops Q4 Estimates, but Sees Sales Growth Slowing This Year
CEO Patrice Louvet told WWD that the brand's core consumers are holding up, for now, despite weakening…
Canada Goose Expects Only ‘Minimal Impact’ From Tariffs — and Stock Jumps
The outerwear specialist posted strong fourth-quarter and year-end results on Wednesday.
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Target Challenged by Tariffs, Weak Q1 Sales and Profit Miss
Christina Hennington, who was chief strategy and growth officer, is now set to leave the company.
Chanel Revenues, Profits Fall in 2024 as China Slowdown Bites
The French fashion house sees no quick fix in 2025, despite the arrival of Matthieu Blazy as creative…
Victoria’s Secret Adopts Poison Pill to Keep Brett Blundy’s BBRC at Bay
The lingerie giant is trying to prevent a takeover on the open market that wouldn't pay a "control premium"…
Saks Global Walks a Narrow Path
The luxury department store leader's reset is meeting the realities of the debt market.
Nordstrom Shareholders Give Thumbs-up on Privatizing
The deal, which has Nordstrom family and Mexico's Liverpool department store chain teaming up to take…
The Beckhams, Charlotte Tilbury Rise Up Sunday Times of London 2025 Rich List
The latest annual ranking shows the beauty entrepreneur entering the list for the first time, while Mike…
Richemont Jewelry Sales Surge at the End of a Difficult Year for Luxury
Sales of fine jewelry accelerated into the double-digits at the end of fiscal 2025 in an eventful, and…
Dillard’s Reports Drop in Net Income, Sales in Q1
The Arkansas-based department store retailer said men's and juniors' apparel outperformed womenswear in the…
Walmart Reiterates 2025 Outlook, but Doesn’t Make a Q2 Earnings Promise Amid Tariffs
The retailer's first-quarter profits came in ahead of analysts' projections.
Ferragamo Refocuses on Leather Business Amid Q1 Sales Dip
The brand is introducing new handbag models, and plans a renewed emphasis on high-quality women's and men's…
Saks Global’s ‘Tight Liquidity’ Has S&P Reconsidering Its Credit Rating
The debt rating agency put Saks' "CCC-plus" rating on credit watch negative and reiterated that its capital…
Burberry Sees Sales, Profits Decline in a Tough Year
Burberry posted an operating loss of 3 million pounds in fiscal 2025 and set out a new cost savings plan that…