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Latest in Financial

Nike Rides Continued Momentum, but Lowers Guidance Amid Supply Chain Uncertainties

Shares fell more than 3 percent as a result.

Brilliant Earth Stock Soars Past Expectation for IPO

Millennial direct-to-consumer jeweler Brilliant Earth opened on the market Thursday with stock rising 40…

SMCP’s Controlling Shareholder Defaults on Bonds

The accessible luxury player could potentially fall into the hands of creditors.

A.k.a. Brands Slips in Wall Street Debut

The acquisitive newcomer is looking to keep buying brands to plug into its digitally savvy portfolio of…

Vestiaire Collective Raises 178 Million Euros

The SoftBank Vision Fund 2 and Generation Investment Management backed this round alongside existing…

Warby Parker Sets Outlook Ahead of IPO

The soon-to-be public eyewear company has laid out its financial trajectory for the future.

Retail’s Silver Linings and Dark Clouds

The industry has bounced back, but that doesn't mean the world is going to cooperate.

The IPO Mania Transforming Fashion and Retail

Not every new offering jumping into a hot market will be the next big thing, but right now there's enough…

Roger Federer-Backed On Holding Raises Over $600 Million in IPO

The Swiss sports brand will continue to innovate, open stores and expand its geographical reach with the…

Inditex Sales Surge in Q2 as Zara Prepares Mega Opening in Paris

The second fiscal quarter was a golden one for Zara's parent Inditex which is quickly shrugging off the…

H&M Group Reports Q3 Sales Up 14% in Local Currencies

The fast-fashion retailer said that with the exception of Asia and Oceania, sales were back at pre-pandemic…

Inditex Sees Q2 Sales Bounce 7% Compared With 2019

The parent of Zara and Massimo Dutti said momentum is growing, with third-quarter sales already up 9 percent…

Traub Capital Sets Up First Fund, Looks for Consumer Deals

The private equity company closed its first fund and is looking to buy two or three companies with $173…

Mytheresa Notches 36% Q4 Sales Rise as Clients Opt for Online Luxury

Fourth-quarter sales in the U.S. grew 133.3 percent — almost four times the average rate for other…

Pandora Aims to Double Its U.S. Business, Triple in China

The Danish jewelry brand plans to recruit younger consumers, vastly increase production and reach zero net…