Latest in Financial
PVH Outlook Hits Stock Hard, Prompting 22.2% Selloff
The Tommy Hilfiger and Calvin Klein parent is seeing weakness in Europe, but CEO Stefan Larsson is sticking…
CEO Stefan Larsson Points to Strategy as PVH Tops Q4 Earnings Estimates
But shares of the company fell sharply in after-hours trading as investors signaled they want more.
Boardriders Laying Off Hundreds of Southern California Employees in Second Staff Reduction
After being acquired last year by Authentic Brands Group, the surfwear company is seeing major layoffs at its…
Kinross Cashmere Parent Dawson Forté Cashmere Sells Majority Equity Stake to Tempus Partners
Andy Bartmess will remain Dawson Forté's chief executive officer and a shareholder.
H&M’s New CEO Daniel Ervér Plans to Upscale Fashion, Retail Experience While Lowering Prices
Shares jumped 15.2 percent on Wednesday as the company revealed its upcoming balancing act of consumer…
Marcolin Continues Solid Growth in Sales, Profitability
Tom Ford Eyewear's perpetual licensee is reaping the rewards of strategies set in motion over the past few…
Giglio.com Revenues Increase in 2023, Profitability Improves
The luxury e-commerce player and marketplace said it is welcoming retailers fleeing from Farfetch.
Lululemon CEO Calvin McDonald Warns of Slow Start to 2024 in the U.S.
The company beat fourth-quarter profit expectations, but U.S. weakness at the start of the year sent shares…
Nike Beats Sales, Earnings Projections in Q3 as Leadership Touts Innovation Pipeline
The sales and earnings beat came after a challenging second quarter in December, when Nike unveiled new…
Outdoor Voices Bankruptcy Imminent According to Insiders
After shuttering all of its stores on Sunday, Outdoor Voices is headed for bankruptcy, employees say.
Guess Prepares to Build With Rag & Bone as Earnings Top Estimates
The denim retailer also agreed to pay out a $120.8 million special dividend.
Kering Shares Fall 11.9%, but Broader Luxury Fears Don’t Surface
Investors largely saw Kering's troubles as being specific to the company and not the broader industry.
Funding Another Attempt to Take Nordstrom Private Would Be Tricky
Nordstrom shares jumped 9.4 percent on a report that the founding family was considering another run at a…
Kering Issues Q1 Profit Warning, Expects 10 Percent Revenue Decline
The group blamed a steeper than expected sales drop at Gucci, particularly in the Asia-Pacific region.
BCI Renews Camuto License as Ariel Chaus and Manny Chirico Mull Deals
BCI renewed its Vince Camuto apparel license with Authentic Brands Group and is considering acquisitions.