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Latest in Financial

Zalando Says Platforms Are Out, Ecosystems Are In

The German e-commerce giant aims to seize 15 percent of Europe's fashion market by tweaking its B2B and B2C…

Tod’s Group 2023 Profits More Than Doubled; Response About Tender Offer Expected at End of March

Italy's Bourse watchdog Consob is evaluating L Catterton's offer to acquire 36 percent of the Italian group.

On Holdings Plans to Open 100 Stores, Build ‘Powerful’ Apparel Business

The company's numbers didn't meet analyst expectations for the fourth quarter. 

Moda Operandi Is Fundraising in a Tricky Luxury E-commerce Space

The online luxury merchant is looking for money amid turmoil in the market.

Mango’s 2023 Revenue Climbs 20 Percent as It Eyes 4 Billion Euros in Sales

The Spanish fast-fashion company committed to its expansion plan of 500 new stores by 2026, including 30 more…

Ashley Stewart Finds a New Backer in Ram Ajjarapu

Ram Ajjarapu's Kinbow expects to continue to operate the plus-size brand's 75 stores and website.

Prada, Miu Miu Desirability Continued to Build in 2023

Parent Prada Group stepped up investments and global initiatives last year as the brands thrived, boosting…

Victoria’s Secret Shares Fell 29.7%, Despite Posting Better-Than-Expected Profit

The intimates brand posted better Q4 earnings, but on Wall Street, it's all about the future.

Golden Goose Stays Golden as Revenues Leap 18% in 2023, Driven by Its Own Stores

While declining to comment, Golden Goose is said to be eyeing an IPO and to have tapped Lazard as an adviser.

American Eagle Outfitters Wants to Be a $6 Billion Business

The retailer topped fourth-quarter expectations and laid out a three-year plan to continue growing by 3 to 5…

Strong Creative Momentum Drive Prada, Miu Miu

The Prada Group closed 2023 with a stellar performance, reporting gains in sales and profitability.

How Kim Kardashian’s Skims Could Wake Up Wall Street

The mega influencer's Skims brand is preparing for an IPO that the industry might need.

Treet Raises $10 Million to Democratize Resale

The resale platform brought Two Sigma Ventures on as a backer as it seeks to attract more brands to…

Salvatore Ferragamo Reports Decline in 2023 Sales, Profitability, but CEO Marco Gobbetti Touts Good Progress

The executive underscored that the brand has been strengthened, the quality of sales has improved and that…

Despite 2023 Results, Hugo Boss Urges Caution and Shares Plunge

Even though the German company enjoyed a record-breaking 2023, executives urged caution for 2024 and…