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Latest in Financial

Italian Design Brands On Track for IPO, Profits Surge

Key Italian furniture, interiors, lighting and kitchens holding company IDB has confirmed its IPO plans after…

Alibaba Forms Six Business Units, Shifts to Holding Company

Wall Street approved of the change, which comes at a time of increased scrutiny for businesses in China.

PVH Shares Soars as Wall Street Sees Signs of Traction

Stefan Larsson's strategic plan is showing signs of strength despite a tough macroeconomic environment.

PVH Revenues Top Estimates With Strength at Tommy and Calvin

CEO Stefan Larsson told WWD that the PVH+ strategic plan is paying off, in focus and better financials.

Nike Q3 Earnings Beat Expectations, Wholesale Revenue Up 18 Percent

Nike saw strong growth in the quarter.

Scotch & Soda Files for Bankruptcy in Netherlands

The struggling brand is searching for a buyer.

Swiss Watch Exports Increase 12.2 Percent in February

The business was spurred by all main geographic markets and each timepiece material.

On Holding Moves Into Black in Full Year, Expects Strong 2023

The Swiss running shoe brand went public around 18 months ago.

Protesters Enter Westfield’s Forum des Halles Shopping Mall in Paris

A demonstration against pension reform spilled over into the shopping center after municipal authorities…

Amazon’s Deeper Cuts Could Impact Retail Outlets

Amazon announces another looming round of layoffs, adding to its previous 18,000, bringing the total to some…

Inside Foot Locker’s Plan to Reach $9.5 Billion in Sales by 2026

The footwear retailer also beat fourth-quarter expectations.

Destination XL’s Focus on Big & Tall Man Is Paying Dividends

The retailer focuses on brands, style and fit targeted exclusively to the larger guy.

G-III Plans Donna Karan Expansion, Signs Nautica License

The company is adjusting after PVH Corp. decided to pull back its Tommy Hilfiger and Calvin Klein licenses…

S&P Revises Outlook on J. Crew Parent to Negative

The debt watchdog said the "B" rated specialty retailer's working capital would return to normal this year…

Brunello Cucinelli Raises 2023 Sales Growth Estimates

On the back of a strong 2022 performance, an "excellent first quarter," and solid fall orders, Cucinelli…