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Latest in Financial

Tidjane Thiam Steps Down From Kering Board to Pursue Political Ambitions

The former chief executive officer of Credit Suisse was elected head of Ivory Coast's Democratic Party, and…

Urban Outfitters Bullish While NRF Economist Signals Caution

The stronger players in retail continue to feel good, while broader economic concerns linger.

Rent the Runway Lays Off 10 Percent of Corporate Workforce

President Anushka Salinas has also resigned as the company cuts costs in its push to become "free cash flow…

Brunello Cucinelli 2023 Sales Exceed 1.1B Euros

The result is the highest in the company's history and is a milestone target met five years sooner than…

M. Klein & Co. and Elm Street Partner Up

The combination brings both consulting power and investment banking expertise to bear in the consumer and…

Pandora Q4 Revenue Up 12 Percent, Exceeds Guidance

The Danish jewerly brand continued its steady trajectory as it invests in more marketing and communication…

Salomon Owner Amer Sports Files for IPO

The company revealed recent financial results and a broad plan to grow its brands.

U.K. Retailer Next Sees Brighter Days Ahead Despite Macro Challenges

"The consumer environment looks more benign than it has for a number of years, albeit there are some…

Discounts Help Push Online Holiday Sales Up 4.9%: Adobe

Fashion ranked as the second-largest online category in the U.S.

Stella McCartney Brand’s Losses Narrowed to 10M Pounds in Fiscal 2022

The brand saw turnover increase 24 percent to 40 million pounds, confirming the trajectory toward break-even.

What to Watch: Tiptoeing Into a Soft Landing

Even though the economy is stronger than many expected headed into 2024, the consumer is still very much in…

What to Watch: Tapestry, Capri and the New Competitive Landscape

Tapestry CEO Joanne Crevoiserat is making a bet on both the power of brands and the power of scale.

What to Watch: A Retail Stock Revival After a Shaky Year?

Retail stocks are often among the first to gain as the economy improves. Wells Fargo said the bullish…

Signa’s Key Retail Property Division Files for Bankruptcy

The division of Rene Benko's crumbling property empire that has stakes in Selfridges, KaDeWe and Karsdadt has…

Unilever to Buy Biotech Hair Care Brand K18

The proposed purchase comes six months after WWD reported that K18 was exploring sale options, and was…