Fashion

Versace RTW Spring 2019

clock 20hBridget Foley

Business

José Neves and Farfetch Ready for Business After Blockbuster IPO

clock September 21, 2018Samantha Conti and Evan Clark

Business

Walmart Says Tariffs Will Lead to Price Hikes

clock September 21, 2018Kathryn Hopkins

Financial

Jose Neves (C), the CEO of Farfetch, an online fashion house, talks with specialists during the company's IPO at the New York Stock Exchange in New York, New York, USA, on 21 September 2018.Farfetch IPO at New York Stock Exchange, USA - 21 Sep 2018

Financial

José Neves, Farfetch Ready for Business After Blockbuster IPO

Founder José Neves said the luxe platform is ready to buckle down after scoring a valuation of more than $8 billion in its IPO.

clock September 21, 2018Samantha Conti and Evan Clark

Jose Neves70th Annual Parsons Benefit, New York, USA - 21 May 2018

Financial

Farfetch Stock Soars Beyond $8 Billion Valuation

Shares of the luxury e-commerce platform shot up more than 42 percent to $28.45 in early trading on the New York Stock Exchange Friday.

clock September 21, 2018Evan Clark

Under Armour's Powerprint legging.

Financial

Under Armour Trimming Workforce to Strengthen Operations

The sports gear company said the 3 percent cut to its employee base is part of its “relentless pursuit” to improve the business.

clock September 20, 2018Evan Clark

A pedestrian walks past an advertisement for Rolex watches in China.

Financial

Swiss Watch Exports Climb 5.5% in August

Exports of lower-priced timepieces declined.

clock September 20, 2018Mimosa Spencer

Jack MaFounder and executive chairman of Chinese e-commerce company Alibaba Group in Brussels, Belgium - 03 Jul 2018Jack Ma, the founder and executive chairman of Chinese e-commerce company Alibaba Group arrives for a meeting with Belgian Prime Minister Charles Michel at the Lambermont in Brussels, Belgium, 03 July 2018.

Financial

Trade War Could Last 20 Years, Alibaba’s Jack Ma Warns

His comments came as the U.S. and China geared up for a new round of tariffs next week.

clock September 18, 2018Kathryn Hopkins

An Esprit store in Germany, one of the few markets the company still sells well in.

Financial

Esprit Hints at New Strategy to Focus on Basics

“When we ask consumers what the brand stands for, nobody really knows,” said ceo Anders Kristiansen.

clock September 18, 2018Marianna Cerini

A Zalando fulfillment center.

Financial

Zalando Cuts Full-Year Guidance Again

The summer heat wave and delayed switch to the fall-winter season weighed on the company’s sales and earnings.

clock September 18, 2018Melissa Drier

John LyttleREFINERY29 toasts Primark's US debut, And&And, New York, America - 02 Sep 2015

Financial

Boohoo’s New CEO Lyttle Has Big Growth Incentives

Co-ceo’s Mahmud Kamani and Carol Kane are stepping aside for the Primark executive, who takes the corner office next year.

clock September 17, 2018Evan Clark

store of Swedish clothing company "H&M" (Hennes & Mauritz) in the city center of Bremen, northern Germany, 15 January 2018. H&M has apologized after a widespread outcry over a promotional image that many have called racist.HM apologized after a widespread outcry over a promotional image, Bremen, Germany - 15 Jan 2018

Financial

H&M Reports 9% Rise in Q3 Sales, Market Share Gains

The fast-fashion retailer flagged issues with its new logistics system in the U.S., France, Italy and Belgium.

clock September 17, 2018Mimosa Spencer

recession ceo fashion retail

Financial

CEO Straw Poll: Recession Not on Horizon

An informal WWD poll of industry leaders showed that companies still are looking to take advantage and not worrying about a bust.

clock September 17, 2018Evan Clark and Vicki M. Young

Charlotte LawrenceKarl Lagerfeld x Revolve launch, Los Angeles, USA - 30 Aug 2018

Financial

Revolve’s IPO Reveal Said to Be Coming Soon

The Millennial-focused web site is said to be close to publicly revealing its IPO.

clock September 14, 2018Evan Clark

A General View of the Henri Bendel Flagship Store on Fifth Avenue in New York Usa 19 November 2013 United States New YorkUsa Economy - Nov 2013

Financial

L Brands Closing Henri Bendel

The Victoria’s Secret parent described the shuttering of all 23 stores as an effort to increase shareholder value.

clock September 13, 2018Evan Clark

Sears Holdings Corp. is currently on track to close 330 Sears and Kmart locations this year.

Financial

Struggling Sears Holdings Widens Q2 Loss

This year’s loss was even wider than the second-quarter loss posted two years ago.

clock September 13, 2018Vicki M. Young

Shoppers walk past sale signs in San Francisco. On Wednesday, Aug 15, the Commerce Department releases U.S. retail sales data for JulyRetail Sales, San Francisco, USA - 03 Jul 2018

Financial

A Near-Record Drop in Clothes Prices Helps Inflation to Ease but Not for Long

A number of factors at play mean economists don’t expect this to be the start of a new downward trend in the inflation rate.

clock September 13, 2018Kathryn Hopkins

An ad image from Elie Tahari.

Financial

Bluestar Gets OK as Stalking-Horse Bidder in Brookstone Bankruptcy

Bluestar counts the IP of Tahari, Bebe, Kensie and Michael Bastian as fashion brands under its umbrella.

clock September 13, 2018Vicki M. Young

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