Latest in Financial
Kering-Valentino Deal Helps Reignite Luxury M&A Market
High-end mergers and acquisitions seem to be heating back up after a spate of dealmaking.
Shein Claims Record Profit Results in First Half
In a memo issued to investors, Shein also said GMV growth in Brazil tripled to almost $100 million.
Marcolin Logs Growth in Profitability, Sales in First Half
The Italian eyewear company attributed the growth to a strong brand portfolio, including the perpetual Tom…
WWD Recommends
Reorganization Impacts Aeffe Top, Bottom Line
Executive chairman Massimo Ferretti expressed confidence in the future growth and potential development of…
Harvey Nichols Revenues Rebound Closer to Pre-pandemic Level
Sales in the year to April 2, 2022 increased by 58 percent to 191 million pounds, not far from the 222…
Hermès Again Outpaces Luxury Pack With Q2 Sales Leaping 28 Percent
Unlike at LVMH and Richemont, Hermès saw double-digit growth in the U.S.
SMCP Q2 Boost Relies on China Recovery
Sales in the key market jumped 53 percent year-over-year, while Canada and France dragged.
Prada Eyeing Brand Extension With Beauty
Group chief executive officer Andrea Guerra spoke of the strong momentum of both the Prada and Miu Miu brands…
Kering Buys 30% Stake in Valentino, Signaling New Strategy
The French luxury group announced a broader partnership with Mayhoola as it charts a course for growth.
Zegna Sees Growth in Asia, Europe After H1 and Confirms 2 Billion Euros in Sales by 2025
Ermenegildo Zegna Group said it is confident on hitting the 2 billion euro sales mark, emboldened by…
Overstock Posts Better-than-expected Drop in Q2 Sales
A better-than-expected drop in Q2 sales boosted Overstock shares in Thursday trade, as it nears its Bed Bath…
Prada, Miu Miu Boost Group Sales, Profitability in H1
Like-for-like full-price sales of the brands, growth of all product categories and a rebound of Asia Pacific…
Zegna Sales Increases 23.9% in H1
As it posts preliminary growth in the first half, Ermenegildo Zegna says it has begin its journey to propel…
The Bracken Darrell Era Starts at VF as Company Looks to Bounce Back
While the new CEO chimed in at the company's annual meeting, it was chair Richard Carucci who laid out where…
Moncler Group Revenues Exceed 1B Euro Mark in First Half
Sales climbed 24 percent in the first six months of the year, compared with the same period last year.