Skip to main content

Latest in Financial

Fast Retailing Posts 88% Increase in Full-year Net Profit

The growth was largely due to a low comparative base from poor results in the year prior.

Ron Johnson’s Enjoy Gets Ready for Wall Street

Marquee Raine SPAC investors signed off on a deal to buy the commerce-at-home firm, giving it an enterprise…

Vuori Sets Aggressive Expansion After $400M Investment

SoftBank Vision Fund 2 bought a minority stake in the activewear brand that will spur growth.

Vuori Gets $400 Million Investment From SoftBank

The funds will be used to expand internationally and significantly expand its retail footprint over the next…

LVMH Sees No Impact So Far From China Crackdown on Rich

President Xi Jinping's call for China to narrow its wealth gap did not impact the French luxury group's…

Investors Are Cautious About Luxury Sector, Barclays Finds

Prospects for China and the U.S. will be closely studied as luxury firms begin reporting third-quarter…

Levi’s Bounces Back in Third Quarter Despite Pandemic Woes

CEO Chip Bergh told WWD the company reoriented during COVID-19 and is thriving despite supply chain snafus…

Rent the Runway Reveals Red Ink

The company's IPO statement gave a deeper look at fashion's rental economy — and the losses that go into…

Manolo Blahnik Forecasts Bumper Year after COVID-19-Related Sales Decline

The brand expects 2021, its 50th anniversary, to be its most successful year to date.

Alegria Buys Loudmouth, Looks to Continue Expansion

Andrew Seibert's investment company plans to keep buying companies with $20 million to $30 million in sales.

H&M Sees 158% Gain in Q3 Net Profits

The Swedish fast-fashion retailer said lower markdowns and well-received collections had positively impacted…

Warby Parker Sees $6.8 Billion Valuation in Market Debut

The eyewear brand's stock shot up 36.2 percent over its reference price.

FHCM Ups Financial Aid for Young Designers

French fashion's governing body enlisted sponsor L'Oréal Paris and major fashion houses for a new support…

Warby Parker Hitting Wall Street With a $5 Billion Valuation

Shares of the eyewear brand will start trading on the New York Stock Exchange Wednesday.

Tory Burch Opens Applications for Annual Small Business Fellowship

Fifty women business owners will be selected for yearlong virtual programming.