Latest in Financial
Walmart U.S. Comps Up 7.4 Percent as Discount Giant Tops Estimates
The retailer showed its strength, in brick-and-mortar, digital and advertising.
Burberry Bets on China After Rebound in Q4
Retail sales advanced 16 percent in its fourth quarter ended April 1, but the U.S. business remains…
‘Affordable Joy’ Helps Target Sales, but Consumers Aren’t Impulse Shopping Like They Used To
The retailer beat analyst profit expectations in the first quarter and maintained its full-year guidance.
Fashion Sales Slip Even as Retail Moves Higher Overall
The Census Bureau's monthly reading of sales showed a mixed bag.
Birger Christensen Collective Profits Soar, Denise Christensen Plans 2026 Growth
Christensen is expanding into new categories and ready to occupy more brands for the portfolio.
On Holding Posts Record Quarter, Raises Outlook
The Swiss running brand has experienced strong demand and an improvement in its supply chain.
THG Walks Away From Acquisition Talks With Apollo Global
Shares of THG plunged 16.49 percent on Friday following the announcement.
Bluestar Buys Scotch & Soda’s U.S. Operations
The brand has seen stores close as it's made the transition to new owners, who are now looking to drive…
Richemont Sees Sales Soar, Strong Gains Across All Regions in Fiscal 2023
While sales and profits were robust, chairman Johann Rupert warned of a slowdown in U.S. demand due to the…
Allbirds Cofounder Tim Brown Takes On New Role as Company Cuts More Corporate Jobs
Joey Zwillinger will become the sole CEO of the company.
Prada Group Hits 1B Euro in Quarter
The owner of the Prada and Miu Miu brands said growth came across categories and geographies as it registered…
Fanatics Commerce Names Krishna Rao CFO
The former Airbnb executive helped that company raise financing for its initial public offering.
Prada Group Q1 Sales Surpass 1B Euro Mark
Prada and Miu Miu show brand momentum, driving growth across categories and geographic markets.
Wolverine Reaffirms 2023 Outlook, Explores ‘Strategic Alternatives’ for Sperry Brand
After selling Keds, the business is exploring options for Sperry.
Tod’s, Roger Vivier, Leather Goods Shine in Q1
The Tod's Group reported a 23.2 percent gain in revenues, also lifted by all its main markets, and China in…