Financial

Puma shoes

Financial

Puma Plans More Fashion, Female and Regional Focus

The German company ended a patchy year, heavily impacted by the pandemic, with single-digit decreases, but the brand revealed optimistic plans for the future.

clock February 24, 2021Cathrin Schaer

Stone Island

Financial

Moncler Takes Full Control of Stone Island

The company is acquiring the remaining 30 percent stake in Stone Island owned by Singapore-based Temasek for 345 million euros.

clock February 23, 2021Luisa Zargani

The beauty department at Dillard's is shown at Fashion Show Mall Wednesday, May 23, 2012, in Las Vegas (Ronda Churchill/Freelance)

Financial

Dillard’s Posts Profit in Fourth Quarter

Furniture and home products outperformed women’s apparel in the period.

clock February 22, 2021Jean E. Palmieri

The Real Real store.

Financial

The RealReal Reports More Losses During Pandemic

The COVID-19 pandemic continues to challenge The RealReal, which reported a $53 million net loss in its fourth quarter.

clock February 22, 2021Sindhu Sundar

Michelle Gass

Financial

Kohl’s Fights Back Against Activist Pressure

Macellum, Ancora, Legion and 4010 Capital have proposed a new board and a revamp for the retailer.

clock February 22, 2021Evan Clark

Kohl's

Financial

Kohl’s Shares Jumps as Activist Investors Pounce

Macellum, Ancora, Legion and 4010 Capital are pushing for the retailer to cut costs and sell real estate.

clock February 22, 2021Evan Clark

The Hermès Birkin 35 cargo bag is popular with celebrities like Cardi B.

Financial

Why Hermès Remains a Great Investment

Strong demand for leather goods like the Birkin handbag propelled the French luxury brand ahead of its competitors in the fourth quarter.

clock February 19, 2021Joelle Diderich

Moncler

Financial

Moncler Focuses on China, Online, New Genius Phase and Stone Island

Moncler chief Remo Ruffini mapped out 2021 projects as the company reported a performance last year that beat analysts’ expectations.

clock February 18, 2021Luisa Zargani

Playful Promises

Financial

Playful Promises Inks Deal to Sell Minority Stake to Bestport Private Equity

The British lingerie start-up is known for its mix of sexy and inclusive offerings.

clock February 18, 2021Kellie Ell

Walmart said it is planning to invest in U.S. manufacturing.

Financial

Walmart Notches More Highs During the Pandemic

The retailer said its fourth quarter benefited from continued spending during the ongoing pandemic.

clock February 18, 2021Sindhu Sundar

Valentino Couture Spring 2021

Financial

Online Channel, China Helped Valentino Weather Pandemic in 2020

Online sales climbed 62 percent at Valentino and mainland China retail sales rose 44 percent in 2020, but the effects of the COVID-19 pandemic drove total revenues down 28 percent.

clock February 18, 2021Luisa Zargani

Gucci store at IAPM Shanghai

Financial

How Kering Plans to Fix Gucci in 2021

The French luxury group is betting on an “always on” strategy of digital storytelling and events to reboot its underperforming star brand.

clock February 17, 2021Joelle Diderich

shopify logo on bag

Financial

Shopify GMV Hits $119.6 Billion in Pandemic

The behind-the-scenes e-commerce powerhouse has picked up its pace as the world clicks more than ever.

clock February 17, 2021Evan Clark

woman shopping with mask

Financial

Department Store Sales Skyrocket in Retail Runup

January gave some much-needed momentum to fashion retailers.

clock February 17, 2021Evan Clark

Financial

Secondhand Platform Reflaunt Raises $2.7 Million

The start-up partners with Balenciaga, COS and Ba&sh, and points to greater interest from brands having a say in secondhand.

clock February 17, 2021Tiffany Ap

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Testers of different lipsticks in the cosmetic store

Beauty

China Exempts Cosmetics From Animal Testing Starting in May

clock 22hTiffany Ap

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