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Latest in Financial

Chanel Praises Creative Director Virginie Viard After Revenues Rise 16% in 2023

The French luxury giant said its ready-to-wear business grew 23 percent last year.

London Label The Vampire’s Wife Shuts Due to Difficult Market

The small, independent brand, known for its dramatic dresses with Gothic charm, had been struggling in the…

Inside Shein’s Public Relations Campaign to Rehab Its Image and Become a Publicly Traded Company

The company founded in China wants to change the de minimus tariff rule and become more transparent.

The Beckhams’ Fortune Rises, Pinault Lost 1.9 Billion Pounds, Sunday Times Rich List 2024 Shows

The ranking also showed that Mike Ashley's fortune shrank by 41 million pounds, while James Dyson's net worth…

Richemont Sales Slow in Fourth Quarter, as Group Names Nicolas Bos CEO

Luxury giant Richemont is not immune to luxury's slowdown, with fiscal fourth-quarter sales falling 1 percent…

Under Armour Outlines Painful Restructuring Plan Including Layoffs, Product Reduction and Fewer Promotions

The strategy was unveiled by founder Kevin Plank, who returned as CEO in April.

Kevin Plank Lays Out His New Game Plan for Under Armour

The company sees big sales declines in North America as it reins in promotions.

Walmart Is Done Punching Below Its Weight in Fashion

CEO Doug McMillon said the retail giant has "punched below our weight" in apparel, but is now seeing progress…

How Lee and Wrangler Stepped Up

CEO Scott Baxter looks back at how the budget jeans business now known as Kontoor Brands found its footing…

Slower Shoe Sales Hit Tod’s Q1 Sales, Amid Delisting

The Italian luxury fashion firm reported a 6.7 drop in sales, due in part to negative currency impact and…

Burberry Raincoats, Scarves Flew Off Shelves in Fiscal 2024, but Not the Ready-to-wear

The British brand, which is fighting battles on multiple fronts, beat some analysts' expectations in fiscal…

VF Hired Goldman Sachs to Consider Selling Supreme, Sources Said

VF is also said to have hired Goldman Sachs as it reviews its portfolio.

On Has Its First 500 Million Swiss Franc Quarter, Will Open Paris Store During 2024 Olympics

The business' apparel business is growing, and the first collections from Tim Coppens, creative director of…

China Insight: Behind the Delisting of Footwear and Apparel Enterprises, a More Stringent Chinese Stock Market Is Tightening Up

As China's stock exchanges tighten their rules, many footwear and apparel groups are opting to — or being…

Mytheresa Is Considering Going Private, Sources Said

The company has also expressed interest in buying Net-a-porter, sources said, which could allow it bolster…