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Latest in Financial

Steve Madden Buys Almost Famous in $52 Million Deal

CEO Edward Rosenfeld said the acquisition would "enhance our apparel platform."

European Commission Approves Farfetch Acquisition of YNAP, Wider Deal With Richemont

Europe's competition authority had widely been expected to wave through the deal after it was approved in the…

The Foggy Future of Farfetch

As the company awaits a key EU antitrust ruling on its YNAP deal with Richemont, the path ahead is beset with…

Canada Goose Hit by Downgrades Citing China and the Warm Winter Ahead

Wells Fargo and Cowen both downgraded the luxury parka-maker.

Ferragamo Revenues Dip in Nine-month Period, CEO Stands by Strategy

Marco Gobbetti sees progress and believes the full potential of the changes made in the company will be…

Brunello Cucinelli Raises 2023 Guidance Again, and Is Positive on 2024-25

Brunello Cucinelli is positive on the years ahead, after reporting a 27.5 percent increase in revenues to…

Swiss Watch Exports Register Steady Growth in September

India entered into the top 20 markets of Swiss watch exports that month.

Retail Sales Surprise in September, but Caution Lingers

Apparel showed signs of weakness last month and the underlying sales trend is slowing.

Adidas Raises Full-year Guidance, Citing Yeezy Sales and Improvements in Core Business

The German sportswear retailer has said there are no plans to produce more items in the Yeezy line once the…

BrandAlley Leads Funding Round Into Luxury Resale Platform, Sign of the Times

The flash sales site has invested in Sign of the Times alongside Tamara Hill-Norton, founder of Sweaty Betty…

Activists Come for VF: Engaged Capital Seeks Portfolio Review

If the investor gets its way, brands from Supreme to Timberland could be reviewed for potential sale.

How Rite Aid’s Bankruptcy Could Affect the Beauty Industry


The retailer revamped beauty sections with more indie brands, and store closures could potentially send sales…

Lululemon Shares Jump Ahead of Its Move to the S&P 500

The active giant, which is now bigger than Target on the stock market, is replacing Activision Blizzard Inc…

Victoria’s Secret Looks to Win Over Wall Street Again

CEO Martin Waters is looking to both stay on top and stage a comeback at the mammoth lingerie brand.

Fast Retailing Posts Record-high Performance for Third Consecutive Year

Uniqlo's international business greatly contributed to the success, making up more than half of overall…