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Latest in Financial

Pandora Sales Rise in First Quarter as Company Braces for U.S. Tariff Hike

Sales at the jeweler rose 7 percent in the first three months, but the company has been hit by currency…

Zalando Sees Opportunity in U.S. Tariffs and TikTok Shop

The European e-commerce giant saw revenue, users jump in the first quarter; CEO David Schroeder says brands…

Despite 2% Sales Dip in Q1, Hugo Boss Shares Rise on Results

The German menswear specialists' first-quarter sales and operating profit were better than expected.

ThredUp Goes Open Source to Boost Resale as Trade War Could Lift Sector

The company, which recently pulled out of Europe, is focusing more on the U.S. and saw first-quarter revenue…

Outlook Darkens for Europe’s Luxury Sector

Three banks downgraded LVMH in recent weeks, citing "incremental headwinds" and some brand-specific issues.

Saks Arrived on Amazon, the Trade War Is Still on Its Way

The e-commerce giant, which is upping its high-end game, said it's prepared for disruptions from tariffs.

Lululemon CEO Salary: Calvin McDonald’s Pay Package Totals $14.6M for 2024

CEO Calvin McDonald, who has overseen a dramatic growth spurt at the active brand, remains one of the…

Hermès AGM Tackles Tariffs, Dupes and Why It Won’t Produce in the U.S.

CEO Axel Dumas said he isn't worried about the slowdown in the luxury industry.

Lanvin Group Sales Fall 23% in Transitional Year

The company is tightening operations and betting on the creativity of Peter Copping and Paul Andrew for the…

Prada Outlines Strategic Expansion Plans as Q1 Sales Gain 13%

While not discussing the acquisition of Versace, Prada Group CEO Andrea Guerra highlighted untapped potential…

Prada Group Gains 13% in Q1 as Miu Miu Surges

A 60 percent jump in Miu Miu sales, gains across all the group's markets and a strong retail performance…

Saks Bondholders Prove to Be a Tough Sell

The price on bonds Saks raised to buy Neiman Marcus have fallen sharply and continue to be volatile.

RealReal CEO Salary: Rati Levesque’s Pay Rises to $11.5M

The resale pioneer's newly installed chief executive officer received most of her pay in the form of stock…

SMCP Sales Gain 2.6% in Q1 Amid Strategic Shift Away From China

The company's action plan to close Maje and Sandro stores in China and expand in new regions like Indonesia…

Amid U.S. Uncertainty, Adidas Turns Focus Elsewhere

The German sportswear brand reported growth of 12.7 percent in the first quarter.