Financial
Financial
Samantha Cameron Raises a Further 2.5 Million Pounds for Cefinn
The round was “quickly and heavily” oversubscribed, the company said.
Financial
Oxford Expanding Lilly Pulitzer, Tweaking Tommy Bahama in Japan
The company saw second-quarter comps rise 7 percent.
Financial
Salvatore Ferragamo Shares Soar After Rumors of Sale, Family Denies Interest in Selling
“There is nothing on the table,” said a Ferragamo spokeswoman on Wednesday after a Mergermarket report that speculated the Italian luxury goods group was in talks with a private equity fund to consider a sale or a delisting.
Financial
Inditex H1 Net Profit Rises 3%; Targets Faster Sales Growth in H2
The fast-fashion retailer aims for 4 percent to 6 percent sales growth in the second half.
Financial
Hermès Jumps Into Online Commerce in China
The French luxury house confirmed its “ambitious goal for revenue growth at constant exchange rates.”
Financial
Amazon Poised to Overtake Walmart in Fashion
Wells Fargo estimated the e-commerce giant could top Walmart with apparel and footwear sales this year.
Financial
Richemont Names Jérôme Lambert Group CEO, as Five-Month Sales Soar
Sales climbed 22 percent to 5.67 billion euros, with Yoox Net-a-porter, Watchfinder now in the mix.
Financial
L’Oréal USA, CSC Ink Deals for Bon-Ton’s IP Assets
L’Oréal is interested in Bon-Ton’s beauty customer database.
Financial
Retailers Pitch to Wall Street, Have Little Luck
With stocks already up this year, investors are not so willing to push retail shares higher.
Financial
G-III Soars on Wholesale Strength
The company, which sees more potential in DKNY, jumped back into the black in the second quarter and boosted its full-year projections.
Financial
Pinault Family’s Artemis Eyes a Stake in Farfetch
Artemis is the Pinault family investment arm, which controls Kering.
Financial
G-III Outlook Brightens, Stock Soars
The company jumped back into the black in the second quarter and boosted its full-year projections.
Financial
J. Crew’s Mercantile Lands on Amazon
The web giant reeled in another brand as it strives to grab more of the fashion market.
Financial
Launchmetrics Raises $50 Million in Funding
The digital marketing and analytics company said it will use the financial injection to accelerate its global expansion.
Financial
WWD Honorees: Winning in Changing Times
Emanuel Chirico, Kering, Canada Goose and Markwins are set to be honored at the WWD CEO Summit next month.
