Latest in Financial
Shiseido Sets New Venture Fund, Invests in Phyla, Patricks Men’s Grooming
The Japanese giant is looking to invest in early-stage companies in the beauty and wellness space with its…
Lululemon Tops Profit Estimate as Sales Increase 18.7%
CEO Calvin McDonald said men were becoming a little more cautious given "uncertainty in the macro…
Fashion Front and Center in Walmart’s Online Push
CFO John David Rainey talked up the 200 million apparel items on the company's marketplace, which is…
More Runway for Rent the Runway as the Company Refinances
CEO Jennifer Hyman said the rental platform has had a balance sheet problem, not a business problem.
Gildo Zegna Touts Tom Ford Growth Opportunities, Group Scale
On the occasion of the group's second Capital Markets Day, the executive spoke of its increased contractual…
Gildo Zegna: Tom Ford Fashion Sales to Grow at CAGR Rate of 10-plus Percent in Medium Term
Zegna Group unveils updated group strategy during Capital Markets Day in New York, following Tom Ford Fashion…
G-III Profits Bounce Back With Tighter Inventories
CEO Morris Goldfarb said the company is well on its way to making up for licensed businesses that will revert…
EXCLUSIVE: Leather Goods Brand Joseph Duclos Raises 7 Million Euros
The round raised with French entrepreneurs and family offices will fund the house's retail expansion, with…
EXCLUSIVE: Victoria Prew Raises $10 Million for Rental Platform Hurr
The venture capital funding comes from VC firm Praetura Ventures with participation from existing investors.
Bernstein Upgrades Richemont, Downgrades Prada in Fragile Luxury Environment
Bernstein shifted Richemont's stock to "outperform" with a price target of 153 Swiss francs following the…
Wall Street Warms to PVH Tougher Sales Forecast
Analysts continue to like the changes being made by CEO Stefan Larsson.
Mulberry Sales Grow, Losses Widen in H1 Due to Retail, Operational Investments
"Looking ahead, we are well placed to capitalize on the important festive trading period, and expect the…
EXCLUSIVE: Biomaterials Company Biofluff Raises $2.5 Million in Seed Round
The company will use the funds to scale production of its plant-based fur with Italy-based manufacturers and…
Victoria’s Secret Q3 Losses Top $71 Million
But the lingerie giant said early fourth-quarter sales trends were encouraging.
Stefan Larsson Said PVH+ Is Pushing the Company Through Tough Macro
The parent company to Tommy Hilfiger and Calvin Klein topped third-quarter expectation and raised its outlook.