Latest in Financial
Rent the Runway Refinements Drive First-quarter Improvements
CEO Jennifer Hyman told WWD about how AI search is the next step forward for the rental company.
Retail Stock Rebound? Sector Could Be Moving Into Early Cycle Setup
Wells Fargo analyst Ike Boruchow said retail stocks have already taken their lumps.
Inditex Sales Climb 13% in First Quarter With ‘Strong Growth Opportunity’ Ahead
Net income at the Spanish fast-fashion giant rose 54 percent to 1.2 billion euros and sales productivity grew…
Victoria’s Secret Expands With Amazon
The intimates brand will, for the first time, sell its fashions through another retail outlet in North…
Halston Finds a New Home at G-III With Licensing Deal
G-III is continuing to expand with Donna Karan, Nautica and, now, Halston, as Tommy Hilfiger and Calvin Klein…
G-III Profits Top Estimates Despite Decline
The company is continuing to expand with Donna Karan, Nautica and, now, Halston.
The New $40 Billion Hole in Discretionary Spending
The debt ceiling deal saved the economy, but is clamping down on fashion-keen consumers with student debt…
LVMH Said Coming to the Rescue of Safilo’s Longarone Plant
Fellow eyewear manufacturer Marcolin is also said to be open to hiring some of Safilo's employees based at…
Evolution, Paranoia and Low Prices at Walmart
CEO Doug McMillon meets with shareholders and analysts to pitch the discount giant.
Lululemon Powers On, Topping Estimates and Raising Its Outlook
The company continued to build momentum even in a tricky consumer landscape.
Fashion CEOs Offer Scarier Take on the U.S. Consumer
The tone from the C-suite has shifted as American shoppers pull back.
After Hitting Economic Headwinds, Guess Inc. Appoints Tom Barrack to Its Board of Directors
The Los Angeles lifestyle brand lost $11 million in its first quarter after seeing tough sales in the…
Swiss Watch Exports to U.S. Contract in April as They Double to China
The 4.9 percent decrease breaks the U.S. market's 27-month growth streak.
BDT Buys $100M Worth of Under Armour From Kevin Plank
The firm led by Bryon Trott, who is known for his relationship with Warren Buffett, also has a stake in Tory…
Victoria’s Secret Caught Up in ‘Volatile Macro Environment’
CEO Martin Waters said the tough consumer climate was likely to last through the rest of 2023.