Skip to main content
X

Latest in Financial

Moschino Reorganization Weighs on Parent Aeffe Q1 Performance

Group executive chairman Massimo Ferretti believes the new course of the brand will bring benefits in the…

Mytheresa’s Big Spenders Drive 18% Sales Growth in Third Fiscal Quarter

GMV growth bounced back in the three months to March 31 after slowing in the second quarter due to the…

Resale Platform Wethenew Closes 20 Million Euro Series B Round

The company will expand in the Middle East backed by UAE-based luxury distributor Chalhoub Group's venture…

RealReal Pushes Higher, but Losses Continue

The resale pioneer also saw its active buyer count hit 1 million.

ThredUp Dual Lists on Long-term Stock Exchange Ahead of Earnings

The online resale platform is the first consumer company to list on the LTSE.

Stephanie Linnartz Starts Journey as Under Armour CEO

The former Marriott executive said the brand must "deliver better" and "my job is to make that vision a…

Strong Job Market Boosts Wall Street, Complicates Life for Fed

Consumers are pressured by inflation despite readily available jobs — and the imbalances in the economy only…

Adidas Q1 Revenues Slump as Yeezy Woes Continue

The brand has a 500 million euro inventory issue from the Yeezy brand even as it talked up its collaborations…

Moncler’s First Quarter Tops Expectations

The Milan-based group recorded strong first-quarter sales lifted by strong double-digit growth of its…

Marcolin Q1 Sales, Profitability Grow

The performance was revealed after the closing of its perpetual license with The Estée Lauder Cos. for Tom…

Hugo Boss to Hit 4 Billion Euro Sales Target in 2023, Two Years Ahead of Schedule

The Germany company raised guidance for 2023 after a better-than-expected first quarter, during which sales…

Zalando Seeks to Wring Profits in Slow-growth ‘Transition Year’

First-quarter sales at the German firm gained 2.3 percent, with the second quarter starting "a bit slower."

Safilo Group Reports Continued Growth in Europe in Q1

The business environment remained soft in North America, but the owned brands and core licenses showed solid…

Pandora to Ease Back Into China as It Raises Full-year Guidance

The Danish jeweler saw revenues grow 1 percent in the first quarter, a sign of resilience for CEO Alexander…

Davide Cerrato Is the New CEO of Bremont

He joins the luxury watch manufacturer from HYT, where he served as CEO and creative director.