Latest in Financial
Capri Shares Jump 7.9% as BMO Analyst Simeon Siegel Points to Silver Lining
The analyst upgraded shares of the Michael Kors parent to outperform and said investors have been too harsh…
Fashion Dealmaking Could Perk Up in 2025
Between the building of the brand management houses, a revamping of strategics and companies sitting in…
Destination XL Receives Offer to Be Taken Private by Fund 1 Investments
The fund, which was part of the takeover of L'Occitane, valued the men's big and tall retailer at $3 a share…
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Nike’s New CEO Admits the Brand Has Been Competing With Its Partners, Pledges to Fix Relationships With Foot Locker, JD Sports and More
Elliott Hill admitted some partners feel Nike has turned its back on them.
Nike Stock Jumps After Better-than-expected Results Under Elliott Hill’s Turnaround Plan
Shares of Nike were up more than 10 percent in the initial moments in after-hours trading on Thursday.
The Nordstrom Family and El Puerto de Liverpool Near a Deal to Buy Nordstrom Inc.
Word that a deal could be near helped send shares of Nordstrom up 5.1 percent.
H&M Group Takes Minority Stake in Customer Experience Platform Voyado
The investment will fuel expansion beyond Benelux and the Nordics, to Germany and the U.K.
Delta Galil Confidentially Files for U.S. IPO
The 7 for All Mankind parent company already trades in Tel Aviv and has been seeing growth.
Capri Puts Versace and Jimmy Choo Up for Sale: Sources
The company is said to be working with Barclays to sell off the luxury brands as it focuses in on the Michael…
Hesitant Consumer, Hurricanes Push Oxford Industries Into Red in Q3
The owner of Tommy Bahama and Lilly Pulitzer also pulled down its projections for the year.
Brunello Cucinelli Keeps Climbing, Raises 2024 Guidance Again
Sales are expected to increase between 11 percent and 12 percent, after a 10 percent forecast less than two…
Zara Parent Inditex Reports Strong Start to the Holiday Season but Q3 Sales Miss
The Spanish fast-fashion giant's sales were up 10.5 percent at constant currency to 27.4 billion euros in the…
Stitch Fix Stock Shoots Up as Losses Narrow
The styling service saw its stock jump by more than 20 percent after its fiscal first-quarter earnings report.
G-III CEO Morris Goldfarb on Tariffs, Macy’s and Q3 Coat Sales
The company reported stronger-than-expected adjusted earnings for the quarter, but has a somewhat cautious Q4…
LVMH Invests in French Boutique Hotel Group Les Domaines de Fontenille
The French luxury conglomerate has become a minority investor alongside investment fund Anaïs Ventures.