Financial

LVMH chief Bernard Arnault.

Financial

Groupe Arnault Reinforces Investment in Lagardère

Arnault Lagardère and Groupe Arnault together hold 12.77 percent of Lagardère capital with 15.19 percent of voting rights.

clock September 24, 2020Mimosa Spencer

augmented reality Snapchat Camera IQ

Financial

AR Marketing Platform Raises $5 Million in Series A Round

Camera IQ sees the ongoing pandemic creating a boon for AR marketing by beauty and media companies.

clock September 24, 2020Kali Hays

Reliance Retail is already the biggest retailer in India.

Financial

KKR Invests in India’s Reliance Retail

The fast-growing firm has more than 12,000 stores nationwide.

clock September 23, 2020Mayu Saini

Nike store

Financial

Nike Returns to Growth Amid Pandemic

The retailer made $1.5 billion in the most recent quarter, with double-digit growth along its digital platforms.

clock September 22, 2020Kellie Ell

Tiffany & Co. store exterior

Financial

Tiffany vs. LVMH Trial Set for January

A Delaware judge scheduled the case so that it could be resolved before the U.S. approval for the $16.2 billion deal expires Feb. 3.

clock September 21, 2020Evan Clark

centric brands web site model

Financial

Centric Brands’ Reorganization Approved

The brand collective expects to exit bankruptcy next month under private equity ownership.

clock September 18, 2020Evan Clark

street in xinjiang chinese flags

Financial

Xinjiang’s Cotton Ban Debated in House Hearing

While activists pushed to lock out 20 percent of the world’s cotton supply over forced labor, the AAFA argued for broader government action.

clock September 17, 2020Evan Clark

Salvatore Ferragamo Resort 2021

Financial

Salvatore Ferragamo Shares Climb After Reporting Encouraging Signs in Asia

Shares of the Florence-based company closed up more than 8 percent after reporting its first-half figures, despite a challenging performance.

clock September 16, 2020Luisa Zargani

young shopper in mask clothing store window

Financial

Retail Sales Slow, Anxieties Over Stimulus Remain

Fashion specialty stores gained ground in August, but department stores slid back.

clock September 16, 2020Evan Clark

The Hut Group's Matthew Moulding

Financial

The Hut Group Makes a Splash on the London Stock Exchange

THG made its stock market debut on Wednesday, becoming the U.K.’s largest tech IPO and the biggest market listing for the past five years.

clock September 16, 2020Samantha Conti

Zara's revamped flagship in Milan.

Financial

Inditex Swings to Profit as Fast Fashion Bounces Back

Online sales grew 74 percent over the first half.

clock September 16, 2020Mimosa Spencer

Kohl's

Financial

Kohl’s Cuts Corporate Workforce by 15 Percent

The retailer said it’s realigning costs to pandemic realities.

clock September 15, 2020Evan Clark

Safilo

Financial

Safilo Inks 108 Million-Euro Term Loan

The loan will support the company’s business in the wake of a deteriorating economy.

clock September 15, 2020Martino Carrera

Backstage at Thom Browne RTW Fall 2018

Financial

Sandbridge Raises $200 Million Blank Check

The firm, affiliated with Tommy Hilfiger and Domenico De Sole, is on the hunt for a business ready to thrive despite COVID-19.

clock September 15, 2020Evan Clark

Salvatore Ferragamo virtual showroom developed by Hyphen

Financial

Shoes, Asia Seen as Key Assets for Salvatore Ferragamo’s Growth

The COVID-19 pandemic hurt the company’s performance in the first half, but executive vice chairman Michele Norsa sees potential in the brand’s core category and top market.

clock September 15, 2020Luisa Zargani

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Benjamin Vuchot

Business

LVMH's DFS Group Names Benjamin Vuchot Chairman, CEO

clock 3hMimosa Spencer

Social Studies