financial
Mithaq Capital’s Loans to The Children’s Place Secures BTS Season
In addition to providing financing to The Children's Place, Mithaq Capital's nominees will constitute the…
Hanesbrands CEO Touts Upside as Investors Focus on Negatives
Hanesbrands CEO Stephen Bratspies said the Hanes and Champion owner exceeded internal goals on 4 key metrics…
VF Activist Engaged Capital Gets Surprise Support
The VF founder's great grandson is hoping VF Corp. activist Engaged Capital can help him with his goal to…
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Boohoo Source: Liquidity Not an Issue
A Boohoo source said the firm has 290 million pounds ($366.2 million) of liquidity and can operate with a…
Is Time Running Out for Express?
Express Inc.'s losses are growing and it is said to be talking with lenders about restructuring options.
Social Status Owner James Whitner Named in $32 Million Money Laundering Complaint
Well-known sneaker retailer James Whitner has been named in a complaint alleging an international money…
Ross CEO: Vendors Eye Growing Retail Channels to Grab Market Share
Ross CEO Barbara Rentler says vendors are shifting who they do business with as they seek market share.
Delta Galil Profits Dip, Poised for Strong 2024
Isaac Dabah said the firm is position for 2024 growth on the heels of its acquisition of intimates brand…
Asos Scales Back; No Growth Until 2025
The British e-tailer cut SKUs, closed a two-year-old fulfillment center and is considering selling Topshop.
Twinco Lands 50 Million Euros to Support Supply Chain Finance
The Madrid fintech firm, which got $12 million in January, works with 150 suppliers in 13 countries.
Skechers Beats Profit Expectations in Q3, Nets Record Sales Over $2B
Net earnings were $145.4 million and diluted earnings per share were up 69.1 percent to $0.93.
Second Activist Investor Gunning for VF
Heavy-hitter Legion Partners Asset Management, which has gone after Kohl's, Genesco, Guess and Bed Bath…
This Troubling Bankruptcy Trend Isn’t Good for Retail
Rite Aid's high-profile bankruptcy suggests that more players in the U.S. consumer discretionary sector could…
What an Activist Investor Wants From VF Corp.
The North Face and Vans are the Denver giant's biggest brands. Does that mean Timberland, Supreme and Dickies…
Brookfield Property Could See Its Credit Rating Cut to Junk Status
This would mean it would have to pay higher refinancing costs.