Latest in Financial
Victoria’s Secret Shares Fell 29.7%, Despite Posting Better-Than-Expected Profit
The intimates brand posted better Q4 earnings, but on Wall Street, it's all about the future.
Golden Goose Stays Golden as Revenues Leap 18% in 2023, Driven by Its Own Stores
While declining to comment, Golden Goose is said to be eyeing an IPO and to have tapped Lazard as an adviser.
American Eagle Outfitters Wants to Be a $6 Billion Business
The retailer topped fourth-quarter expectations and laid out a three-year plan to continue growing by 3 to 5…
Strong Creative Momentum Drive Prada, Miu Miu
The Prada Group closed 2023 with a stellar performance, reporting gains in sales and profitability.
How Kim Kardashian’s Skims Could Wake Up Wall Street
The mega influencer's Skims brand is preparing for an IPO that the industry might need.
Treet Raises $10 Million to Democratize Resale
The resale platform brought Two Sigma Ventures on as a backer as it seeks to attract more brands to…
Salvatore Ferragamo Reports Decline in 2023 Sales, Profitability, but CEO Marco Gobbetti Touts Good Progress
The executive underscored that the brand has been strengthened, the quality of sales has improved and that…
Despite 2023 Results, Hugo Boss Urges Caution and Shares Plunge
Even though the German company enjoyed a record-breaking 2023, executives urged caution for 2024 and…
Foot Locker Said It Will Take Longer Than Expected to Reach Revenue Targets
Foot Locker now expects to hit certain goals in its Lace-Up plan by 2028.
Arc’teryx Doubled Down on Performance — and It Paid Off
The premium outdoor brand was the top performer for its parent, Amer Sports, last year.
Target Looks to Add $50 Billion in Sales Over the Next Decade
The company plans to grow with 300 new stores, private brands and a fresh take on its loyalty program that…
Stitch Fix Is Reimagining Its Client Experience Amid Continuing Losses
CEO Matt Baer said the styling service can do better and laid out plans to deepen engagement.
Arkhouse Increases Offer to Buy Macy’s to $6.6 Billion
The investor, working in conjunction with Brigade, previously proposed a $5.8 billion buyout and launched a…
End of an Era: Layoffs and Lender Lawsuit Augur the Demise of Lord & Taylor
The lender to Lord & Taylor-owner Saadia Group, which it owes $45.3 million, has a court order allowing it to…
The RealReal Hits Profitability Milestone in Q4 After ‘Strategic Shift’ to Focus on Core Business
The resale pioneer posted adjusted EBITDA of $1.4 million — a first for the company — as well as narrower…