Financial

Accessories News

Financial

Chip Bergh

Levi Strauss & Co. Posts Higher Profits, But Currency Issues Erode Revenues

Currency translation unfavorably impacted net revenues by $85 million in the fourth quarter and by $312 million for the full year.

A look from Dior's resort collection.

Dior Revenues Jump 12% in Holiday Quarter

The French fashion house surpassed the $2 billion revenue threshold in 2015.

Traders work on the floor of the New York Stock Exchange.

Stock Selloff Intensifies Pushing Gold Prices Higher

Stock selling intensified in the U.S. as worry over European banks is growing.

Traders at the New York Stock Exchange.

Stocks Slide on European Bank Concerns

Stocks are dropping as European banks remain under pressure.

Moschino Pre-fall 2016

Aeffe Preliminary Sales Rise 7% in 2015

The Italian fashion group trumpeted strength the U.S. and Greater China, “the drivers for future growth.”

Adidas Ultra Boost

Adidas Raises Sales Guidance for 2016

The sporting-goods maker said it expects sales to grow double-digits, following better-than-expected results for 2015.

Europe’s Markets Fall Following Janet Yellen’s Address

Retail and luxury stocks fall with markets, with Adidas among exceptions.

METRO Group in Düsseldorf

Special Items Boost Metro’s Q1 Profits

The German retail group confirmed 2015-16 sales and earnings guidance.

Hong Kong Shares Tank on Reopening

The market suffered Thursday, shedding 4 percent on its first day of trade this week. The market was closed Monday through Wednesday for the Lunar New Year holiday.