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LVMH Said Coming to the Rescue of Safilo’s Longarone Plant
Fellow eyewear manufacturer Marcolin is also said to be open to hiring some of Safilo's employees based at…
Evolution, Paranoia and Low Prices at Walmart
CEO Doug McMillon meets with shareholders and analysts to pitch the discount giant.
Lululemon Powers On, Topping Estimates and Raising Its Outlook
The company continued to build momentum even in a tricky consumer landscape.
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Fashion CEOs Offer Scarier Take on the U.S. Consumer
The tone from the C-suite has shifted as American shoppers pull back.
After Hitting Economic Headwinds, Guess Inc. Appoints Tom Barrack to Its Board of Directors
The Los Angeles lifestyle brand lost $11 million in its first quarter after seeing tough sales in the…
Swiss Watch Exports to U.S. Contract in April as They Double to China
The 4.9 percent decrease breaks the U.S. market's 27-month growth streak.
BDT Buys $100M Worth of Under Armour From Kevin Plank
The firm led by Bryon Trott, who is known for his relationship with Warren Buffett, also has a stake in Tory…
Victoria’s Secret Caught Up in ‘Volatile Macro Environment’
CEO Martin Waters said the tough consumer climate was likely to last through the rest of 2023.
PVH Presses On Through Tough Macro Environment, Tops Profit Estimates
CEO Stefan Larsson contends his PVH+ plan is coming together.
Wall Street Cautious on Capri After Seeing Its Outlook
The parent of Michael Kors, Versace and Jimmy Choo topped adjusted EPS and revenue expectations for the…
Capri Sees Sales Declines, Net Losses in Fourth Quarter
The parent to Michael Kors, Versace and Jimmy Choo topped adjusted EPS and revenue expectations for the…
Consumer Confidence Holds Up While Economic Storm Clouds Gather
The Conference Board's measure of shopping sentiment slipped modestly for May, but came in ahead of…
A New ‘Distress Cycle’ in Retail Seen Dawning
A Q&A with Hilco restructuring expert Richard Klein.
Patrice Louvet on Pushing Ralph Lauren Higher
The CEO said the brand's consumers have proven to be "resilient" despite the economy.
Macro Economy Impacts Destination XL in First Quarter
The men's big and tall retailer posted lower net income but slightly higher comparable-store sales in the…