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Latest in Financial

Moncler Group 2022 Revenues Climb 27 Percent to 2.6 Billion Euros

Both the Moncler and Stone Island brands contributed to the performance in the year.

The ‘New Normal’ at Target, Steadier Consumers, More Efficiency

Apparel is a key example of CEO Brian Cornell's efforts to streamline at the discounter.

Target Tops Q4 Sales Estimates Despite Weakness in Discretionary

Profits fell compared with the go-go holidays of a year ago, but also came in stronger than projected.

Solomon Partners on Dealmaking in an Uncertain World

Cathy Leonhardt and David Shiffman talk about where the market is today and when it will perk up.

José Neves Hypes Farfetch’s Growth Trajectory, Talks Reebok

The e-commerce platform took a step back in the fourth quarter, but has Reebok and Neiman Marcus teed up for…

Mytheresa Q2 Growth Slows as Occasional Customers Lose Confidence

CEO Michael Kliger said that Mytheresa's highest-spending customers drove GMV growth of 7.8 percent in the…

Alibaba Posts Sluggish Growth in Third Quarter

For the three months ended Dec. 31, Alibaba reported 2 percent year-over-year growth to 247.76 billion…

TJX Tops Sales Estimate, Eyes Market Share Gains

CEO Ernie Herrman said the off-pricer is finding "phenomenal" availability of goods in the retail system.

Target Investing $100 Million in Sortation, Speeding Up Online Orders

Target plans to add more than six sortation centers by the end of 2026.

Zalando Cuts Headcount, Wants to Regain Small Company ‘Mindset’

The German giant is retooling to become more nimble amid the deceleration in e-commerce.

Walmart’s Fourth Quarter Tops Estimates, but Forecast Disappoints

CEO Doug McMillon projected confidence and said the massive retailer was entering a new fiscal year with…

Lanvin Group Revenues Jump 38 Percent for 2022

The luxury group's namesake brand produced strong top-line growth for the year.

Hermès Q4 Sales Up 23 Percent on Strong Global Demand

It finished out an exceptional year for the company on the strength of the Americas and return of tourists to…

Layoffs at The RealReal Point to Profit Imperative

The resale pioneer, along with its techie cohort, is trying to find its way to some bottom line traction.

Shopify Adds Supreme, Joopiter, but Needs to Win Over Wall Street

The commerce platform laid out a year of new features and partners, but investors wanted more from its…