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Latest in Financial

Target Plans to Hire 100,000 Workers for Holidays — the Same Number as Last Year

The news comes just one day after competitor Walmart said it would hire less than half of the previous year's…

Walmart Plans to Hire Just 40,000 Workers This Holiday

In better days last year, the mega retailer looked to bring 150,000 employees on board.

Ralph Lauren Accelerates, Sets Strategic Plan to Build on ‘Fortress Foundation’

Ralph Lauren rang the opening bell at the New York Stock Exchange on Monday, celebrating 25 years as a public…

Off the Rails, Retail’s Other Second-half Risk

With a tentative deal between railways and their unions, retailers can turn back to wondering just what…

Kanye West and Gap Terminate Partnership

Kanye West, who has grown increasingly frustrated with his partnerships, is trying to walk away from Gap.

Mytheresa Notches Double-digit GMV Gains, Strong Profits in Q4, and Full Fiscal 2022

The online luxury retailer sees itself as "one of the few winners in the clearly consolidating luxury…

H&M Sales Slow in Q3

Net sales climbed 4 percent, but down in local currencies for the Swedish fast-fashion retailer.

Patagonia’s New Plan, Owned by the Planet

The family of founder Yvon Chouinard transferred ownership of the firm to two new entities set up to use its…

Lanvin Group Owner Fosun Denies Reports of Regulatory Probe

In the face of a property market downturn and a slowing economy, a Fosun bond rout triggered a slump for…

Reed Krakoff Named John Hardy Creative Chair, Adviser to L Catterton

The veteran of Tiffany & Co. and Coach is bringing his vision to private equity giant as well as the…

Predictive Analytics Firm FindMine Raises $8.2 Million

The firm uses data analytics to create content and personalized services at scale.

Zara Parent Inditex Continues Climb

Sales were up nearly 25 percent, fueling the strongest first-half gross margin in seven years.

Inflation Hits Fashion, and From Every Angle

Even though apparel prices are lagging the gains seen in energy and food, the fashion sector is feeling the…

Vince Posts Q2 Loss; Shutting Rebecca Taylor

The company is feeling the pressures of the challenging macro environment and is putting its full focus on…

Rent the Runway Restructures, Cutting 24 Percent of Corporate Employees

The company also logged its first quarter of adjusted EBITDA, but a shakier consumer has CEO Jennifer Hyman…