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Latest in Financial

Levi Strauss Driven by Direct-to-consumer, International

The denim company's first-quarter EPS topped estimates, but showed a decrease from a year ago.

Walmart Plans to Add $130 Billion in Sales Over Five Years

And the retail giant expects to make more money doing it, with more automation and lots of online fashion.

Design Holding Sees 1B Euros in Sales; No IPO Plans

Milan-based Design Holding, which owns brands such as B&B Italia, Flos and Louis Poulsen, looks to North…

Erin and Sara Foster Launch a Venture Firm for Start-ups

The Favorite Daughter clothing brand designers branch out into the investment world after advising other…

Clergerie Files for Court Protection, Seeks Buyer

"It's a moment where we have to reinvent," president Jerome Espinos said.

Golden Goose Reaches Sales Benchmark of 500M Euros

The Americas have become the largest and fastest-growing market for the company, which in 2022 reported a 30…

Iris Ventures Leads Investment Into Top Spanish Food Delivery Start-up, Vicio

Growth equity fund Iris Ventures has teamed with footballers Leo Messi and Antoine Griezmann on the 17…

Managing Fashion’s Inventory Influx

Brands are trying to work both harder and smarter to become more efficient on the back end.

H&M Sales Tick Up 3 Percent in First Quarter

Inflation and a strong dollar tempered the company's sales, but were offset by cost-cutting measures, leaving…

Michael Stanley’s New Lens on the Fashion Deal Market

The longtime factor is taking on a new gig, teaming with William Susman at the Threadstone advisory firm.

Britain’s Next Purchases Assets of Troubled Retailer Cath Kidston

Hilco Capital has placed Cath Kidston into administration, and its assets have been sold to British retailer…

Lululemon Absorbs $442.7M Mirror Charge and Keeps Charging On

Calvin McDonald acknowledged troubles with the acquisition, but had plenty of growth elsewhere to speak to.

Italian Design Brands On Track for IPO, Profits Surge

Key Italian furniture, interiors, lighting and kitchens holding company IDB has confirmed its IPO plans after…

Alibaba Forms Six Business Units, Shifts to Holding Company

Wall Street approved of the change, which comes at a time of increased scrutiny for businesses in China.

PVH Shares Soars as Wall Street Sees Signs of Traction

Stefan Larsson's strategic plan is showing signs of strength despite a tough macroeconomic environment.