Latest in Financial
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.
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…