Latest in Financial
Zara Parent Company Inditex’s Revenues Up 13 Percent in Q4
Full-year sales jumped 17.5 percent in 2022 to 32.6 billion euros, despite inflation.
In Inflationary World, Pricing Power in Women’s Remains Elusive
Women's apparel prices have risen during the pandemic-spurred rush of inflation, but are still down over the…
Guess Inc.’s Net Earnings Drop Nearly 13 Percent in Fiscal 2023 While Revenues Inch Up
The Los Angeles lifestyle brand showed strong sales in Europe, while U.S. sales were weak.
Off-White Fuels Farfetch’s Brand Platform
Sales from the fashion label founded by Virgil Abloh have been a cornerstone of the luxury platform's branded…
Silicon Valley Bank’s Chilling Effect on Fashion
How the bank's failure raises concerns about fashion's finances and the consumer.
Tod’s Group Returns to Black in 2022, Reports Revenues Gains
The Italian luxury group registered a strong performance across product categories and geographies, except…
Khaite Scores Investment From Stripes
The infusion is intended to power the brand, launched by Catherine Holstein, into its next phase of growth.
Safilo Concludes Turnaround, Eyes Sales of 1.3B Euros in 2027
A strong performance of its proprietary brands, a balanced portfolio of licenses and its digital…
Allbirds Disappoints in Q4 and Year, Outlines Transformation Plan
The sustainable footwear and apparel company will focus on core products, reduce store growth and switch to a…
Prada, Miu Miu Show Brand Momentum, Propel Group Sales, Margins
The strong performance of the group in 2022 beat analysts' expectations.
Mango Surpasses Pre-pandemic Sales for Historical Profit High
The fast-fashion retailer topped 2019 numbers, but took a 20 million euro hit closing Russian operations in…
Prada Group Reports Strong Profitability, Sales Growth in 2022
Both the Prada and Miu Miu brands contributed to the solid performance.
Hugo Boss Has Record 2022, Promises to ‘Keep Up the Hype’
Executives credit an all-encompassing brand refresh for record-breaking results.
WHP Scores $375M Investment From Ares for Big Valuation
The parent company of Anne Klein and Joseph Abboud has a new kitty to cut some deals.
Jerome Powell Sends Wall Street a Wake-up Call
The Fed chair signaled potentially bigger rate hikes as retailers like Walmart navigate a tricky economy.