Latest in Financial
Target’s Profits Fall by Nearly 90 Percent
Continued inventory issues cut into quarterly earnings.
Walmart Grows Revenues and Profits Thanks to Stronger Mix of Groceries
But the mass-channel merchant is expecting headwinds in the back half, including a $2.1 billion loss in…
ABG Clinches Ted Baker Deal, Plans Major North American Expansion
ABG said there are "significant growth opportunities" for Ted Baker in North America, where the brand already…
Pandora Sees Record Revenue for Q2 Despite U.S. and China Headwinds
The Danish jeweler saw its third consecutive quarter of record revenue despite a slowdown in the U.S., China…
On Holding Notches Largest Quarterly Sales in Its History
The buzzy running shoe brand will launch new apparel and footwear products in the second half along with the…
Fashion’s Dealmaking Dilemma: Few Buyers, Many Sellers
The winners are set to still win in fashion while the rest cast around for cash in an uncertain market.
ThredUp Feels Economy Pinch as Budget Shoppers Pull Back
CEO James Reinhart said the firm is adjusting, having laid off 15 percent of the corporate workforce, and…
Johann Rupert Slams Bluebell’s Proposals Ahead of Richemont AGM
In a detailed letter to shareholders, Richemont chairman Johann Rupert described Francesco Trapani…
Agnelli Family’s Exor Holding to Delist From Milan Bourse on Sept. 27
The owner of Ferrari started trading on the Amsterdam Stock Exchange Friday.
Prada Group Seen Nearing Dual Listing
Co-CEO Patrizio Bertelli had hinted at the possibility to explore a second listing last year, but reports now…
Direct-to-consumer Underwear Brand Parade Valued at $200 Million
Parade is just one of several innerwear brands raising hundreds of millions of dollars, hoping to take share…
Canada Goose Heats Up, Topping Sales Estimates
CEO Dani Reiss told WWD that the brand's consumer is not showing any slowdown.
Warby Parker Widens Quarterly Losses by $32 Million, Revises Outlook
Increased expenses cut into earnings.
The Post-Julie Wainwright RealReal Goes Pre-pandemic
The luxury resale pioneer said it is seeing some changes in consumer shopping habits.
Ralph Lauren Has Momentum, but Is Staying Agile
CEO Patrice Louvet told WWD that the brand's consumer is holding up, but that the company is remaining…