Latest in Financial
Fast Retailing Posts Record-high Performance for Third Consecutive Year
Uniqlo's international business greatly contributed to the success, making up more than half of overall…
Birkenstock Shares Fall 12.6% in Wall Street Debut
The German sandal-maker's stock closed at $40.20 after the IPO was priced at $46 a share.
Luxury Shares Dive on LVMH Sales Miss, Overall Sector Slowdown
Shares in LVMH Moët Hennessy Louis Vuitton fell to their lowest level this year after the group missed…
Birkenstock Scores $8.6 Billion Valuation in IPO
The German sandal maker priced its IPO at $46 a share.
LVMH Cautious as Luxury Growth Hits Speed Bump
Organic revenue growth slowed in the third quarter, but for the luxury conglomerate, it's too early to detect…
Manny Chirico Returns to Fashion to Become Chairman of BCI
The longtime chairman and CEO of PVH, who left that company in 2021, is getting back into the game.
5 Takeaways From Caleres’ Investor Day: Sam Edelman’s International Expansion, Allen Edmonds’ Store Growth & More
The company did not rule out M&A in the future.
Stronger-than-expected Job Market Complicates Picture for Retail
Job seekers still have lots of places to turn as retailers start to staff up for the holidays.
Wholesale Weighs on Levi Strauss in the Third Quarter
The denim giant's DTC business continues to grow, but not fast enough to offset wholesale declines.
Caleres Outlines Three-year Growth Plan, Expects Q3 Sales at Low End of Guidance
Caleres introduced a three-year strategic plan focused on four pillars, including reaching the Millennial…
Pandora Raises Guidance, Increases Investments Ahead of Capital Markets Day
The Danish giant said it plans to build its position as a "full jewelry brand" in the affordable luxury…
On Holdings Aims to Double Sales by 2026
The footwear brand also hopes to increase its apparel revenues to more than 10 percent of sales.
Bridal Dressmaker JLM Couture Files for Bankruptcy Court Reorganization
The pandemic and disputes with a former designer and its landlord overwhelmed the maker of Hayley Paige…
Birkenstock Shoots for $9.2 Billion Valuation in IPO
According to an SEC filing, LVMH's Bernard Arnault's family holding company Financière Agache is interested…
Manolo Blahnik Marks Milestone Year With 1M Euro Bonus for Staff
The footwear and accessories brand saw sales and profits soar in fiscal 2022, and continues to pursue…