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Latest in Financial

What’s Going Wrong With German Fashion?

Europe's biggest economy has seen a wave of big-name insolvencies over the past few months but local sector…

Six Takeaways From Amazon’s Q4 Earnings

The web giant's fourth quarter was characterized by big earnings and lots of AI.

Salomon Owner Amer Sports Raises $1.37 Billion in U.S. IPO

The company began trading on the New York Stock Exchange on Thursday.

Canada Goose CEO Dani Reiss on Q3 2024: Revenues Up 5.8 Percent

The CEO spoke with WWD on how the parka maker is navigating wholesale and described the consumer environment…

Ermenegildo Zegna 2023 Revenues Graze 2B Euros

The U.S. and Greater China contributed to the growth of sales last year, which were up 27.6 percent, lifted…

H&M Shares Drop 12 Percent as Daniel Ervér Named Group CEO

In a surprise move, he will succeed Helena Helmersson, effective immediately, as the group reported sales…

Consumer Confidence Hits Two-year High

Shoppers are feeling better, but have also proven to be hard to read, leading some to look for new ways to…

Home Brands, David Beckham, Tommy Hilfiger Help Safilo but 2023 Sales Drop 4.9%

The Italian eyewear company cited headwinds from the continuing weakness of the North American market, and a…

The Fashion Stocks Gaining Ground in Wall Street’s Record Run

These are the retail and apparel companies perking up just as the Blue Chip stocks hit new highs and consumer…

LVMH Shares Soar After Record 2023 Results

The group's positive outlook for 2024 lifted luxury sector shares across the board.

Bernard Arnault Tightens Family Control Over LVMH

As the luxury conglomerate reports another year of record results, the tycoon is preparing his succession.

Levi’s Cuts Workforce as Michelle Gass Takes Charge

The denim company is eliminating 10 to 15 percent of its corporate employees as it moves to a more…

Frank & Eileen Goes From Pandemic Struggle to Pledging $10 Million to Cultivate Women Entrepreneurs

The Los Angeles womenswear company was hit hard with the COVID-19 shutdown but came back better than ever…

Salvatore Ferragamo Posts Decrease in 2023 Sales

Preliminary revenues were down 7.6 percent to 1.15 billion euros, but CEO Marco Gobbetti touted "significant…

LVMH Sales Rise 5.5% in Q4 as Fashion Division Maintains Momentum

Organic sales for the fashion and leather goods segment rose 9 percent, in line with market expectations.