Latest in Financial
Burberry Warns on Fiscal 2024 Profit, Revenue Targets Due to Luxury Slowdown
Sales and profit growth began retreating in the second fiscal quarter ended Sept. 30.
Retail Sales Fall for the First Time in Six Months
The pain fashion has been feeling is hitting more broadly.
Target Wins Big on Profits Despite Sales Decline
CEO Brian Cornell said the company is "not satisfied" with revenue trends and is "not standing still."
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On Holding Posts Another Record Quarter as DTC Sales Soar
The brand will be focusing less on wholesale and more on e-commerce and its own stores in the future.
Delta Galil Inks Deal to Buy Passionata Lingerie Brand
The Chantelle Group is selling the 35-year-old business and tightening its focus on the Chantelle name.
PVH Selling Warners, Olga and True & Co.
Basic Resources is buying the business for $160 million in cash.
Aeffe Impacted by Reorganization
Before revealing the premature death of Davide Renne, the newly appointed creative director of Moschino…
Richemont Sales Rise 6% Amid ‘Normalization’ of Luxury Market
Richemont's profits from continuing operations rose 3 percent in the first six months, and like other luxury…
Capri Profits Plummet Ahead of Acquisition by Tapestry
Softening demand and challenges tied to a new e-commerce platform for Michael Kors hit the business hard in…
Champion Sale Process Starts to Get Under Way
G-III and a group of brand managers are all said to have shown interest in the process, which is being run by…
Marcolin Reports Climbing Margins
In the first nine months of the year, profitability and revenues increased, though there was a slowdown in…
Tapestry Stays Steady Ahead of Capri Deal
Coach, which just started to sell on Amazon, was the company's powerhouse during its fiscal first quarter.
Tod’s Posts Robust Growth, but It’s Not Immune to Luxury’s Slowdown
"The market is tougher now than it was at the beginning of the year, with a slowdown in consumption and…
Under Armour Cuts Sales Forecast on Weak North American Sales
The sports brand posted higher-than-expected earnings in the second quarter.
Ralph Lauren Beats Sales and Profit Estimates in Q2
The company continues to push through its strategic plan with DTC growth and higher average unit retail…