Latest in Financial
Joanne Crevoiserat Touts ‘Step Change’ in Tapestry Growth
Shares of the company shot up after its largest brand, Coach, posted a 10 percent jump in organic sales for…
Eytys Shuts London Store Following Bankruptcy Filing in Sweden
The brand said the bankruptcy administration has initiated a process to find a buyer for Eytys through a…
Capri Hit Hard by $675M Impairment Charge in Q3
The company, which sources say has been looking to sell Versace and Jimmy Choo, continues to log significant…
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Pandora Plans to Keep Pedal to the Metal, Despite Surging Silver Prices
The Danish jeweler expects 7 to 8 percent organic growth for 2025, while keeping a close eye on silver prices…
Salvatore Ferragamo Says DTC Channel Accelerated in January, FY Sales Slid 10.5 Percent
According to preliminary sales results, revenue losses were led by its wholesale channel and the Asia-Pacific…
Kering Sells The Mall Luxury Outlets to Simon Property Group
Spinning off the "non-core asset" will net Kering proceeds of about 350 million euros.
Swatch Group Profits Slump 75% in 2024, Dragged Down by China
Despite the Swiss group's upbeat outlook for 2025, markets reacted negatively.
H&M Group ‘Confident’ Despite Lackluster 2024 Results in Q4, Full Year
The Swedish fast-fashion group made modest gains, with the timing of Black Friday weighing on results in the…
Michelle Gass on Her First Year as Levi’s CEO, the ‘Beyoncé Effect,’ Q4 Profits and More
Gass said the company was rewired in 2024 and is on its way to higher sales and better margins.
VF Corp. Shows Signs of Turnaround Progress in Q3
CEO Bracken Darrell said the company was making "great strides."
Safilo Reports Stronger Margins and Improved Cash Flow in 2024
The end of the Jimmy Choo license, however, impacted the top line, while a solid growth in the European…
Bernard Arnault Feels ‘Wind of Optimism’ in U.S.
The French luxury titan welcomed the return of U.S. President Donald Trump, but declined to comment on…
MF Brands Is Negotiating to Sell The Kooples to Groupe Verdoso
MF said Verdeso has proven expertise in supporting and growing companies.
Gildo Zegna Outlines Strategic Focus for Zegna, Thom Browne, Tom Ford Fashion
Following a revenue increase in 2024, driven by Zegna's DTC channel, the chairman and CEO of the Ermenegildo…
Strong U.S., DTC Channel, Zegna Brand Drive Parent Zegna Group’s 2024 Sales
The group reported preliminary sales of 1.94 billion euros, up 2.2 percent on 2023, while navigating the…