Latest in Financial
Kering Reshuffles Board of Directors to 55 Percent Women
Rachel Duan, Giovanna Melandri and Dominique D'Hinnin are nominated, following the departure of Tidjane…
Safilo’s Full-year Net Profit Plummets
Safilo's bottom line was hit by financial charges due to higher interest rates, but its CEO said it looks to…
Brunello Cucinelli’s ‘Gentle Luxury’ Propels 2023 Profits, Revenues
Cucinelli forecasts that it will double 2023 sales by 2030.
Moschino Parent Aeffe Expects to See Effect of Reorganization in 2024
Moschino is planning a special event in June to present pre-collections for men's and women's in Milan during…
Macy’s Opens the Door, Just a little Bit, to Arkhouse and Brigade
The department store has been negotiating a confidentiality agreement with its suitors that could lead to a…
G-III Is Leaning More on Donna Karan After Split With PVH
G-III CEO Morris Goldfarb turned in better fourth-quarter earnings and said the company is bouncing back even…
More Fashion, More Localization, Less Pressure: How Adidas Plans Double-digit Growth by 2026
The German sportswear giant struggled to recover from the loss of its profitable Yeezy line last year…
Inditex Sales Rise as Company Plans to Launch Resale, Livestreaming in the U.S. and Spend Big on Logistics
Zara will open stores at The Grove in L.A. and Caesars Palace in Las Vegas, and invest 900 million euros on…
Zalando Says Platforms Are Out, Ecosystems Are In
The German e-commerce giant aims to seize 15 percent of Europe's fashion market by tweaking its B2B and B2C…
Tod’s Group 2023 Profits More Than Doubled; Response About Tender Offer Expected at End of March
Italy's Bourse watchdog Consob is evaluating L Catterton's offer to acquire 36 percent of the Italian group.
On Holdings Plans to Open 100 Stores, Build ‘Powerful’ Apparel Business
The company's numbers didn't meet analyst expectations for the fourth quarter.
Moda Operandi Is Fundraising in a Tricky Luxury E-commerce Space
The online luxury merchant is looking for money amid turmoil in the market.
Mango’s 2023 Revenue Climbs 20 Percent as It Eyes 4 Billion Euros in Sales
The Spanish fast-fashion company committed to its expansion plan of 500 new stores by 2026, including 30 more…
Ashley Stewart Finds a New Backer in Ram Ajjarapu
Ram Ajjarapu's Kinbow expects to continue to operate the plus-size brand's 75 stores and website.
Prada, Miu Miu Desirability Continued to Build in 2023
Parent Prada Group stepped up investments and global initiatives last year as the brands thrived, boosting…