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Latest in Financial

Rent the Runway IPO Goes Bigger

Shares of the Jennifer Hyman-led rental firm priced at $21 in an upsized offering.

Puma Keeps Sprinting, Eyes 10B Euros in Sales

The German sportswear brand celebrated a 20 percent rise in sales that soundly beat market expectations.

SMCP Sets 2021 Guidance as Q3 Revenues Rise 8.4%

New chief executive officer Isabelle Guichot did not address the bond default of SMCP's majority shareholder.

Bespoke Post Raises $40 Million in Series B Funding

New investor NewSpring led this round that included participants Second Alpha, Savano Capital Partners…

Allbirds Targeting $2 Billion Valuation With IPO

The sustainable sneaker-maker is getting ready to step out soon with its Wall Street debut.

VF Touts Momentum While Wall Street Takes Cautious Stance

Shares fell as the company's quarterly profits rose strongly, but missed Wall Street projections.

Brunello Cucinelli Touts Golden Year, New Projects

As Cucinelli reported a growth in revenues in the first nine months of the year, he revealed new projects and…

L’Oréal Sees Continued Sales Acceleration in Q3

L'Oréal significantly outperformed analysts' expectations — and the global beauty market — in all of its…

The Ermenegildo Zegna Group Swings to Profit in First Half

The Italian group returned to profit in the first half of the year, lifted by a strong performance in Greater…

Unilever Warns ‘Elevated Levels’ of Cost Inflation to Last Until 2022

Unilever CEO Alan Jope said the company hiked prices in the third quarter in response to "unprecedented cost…

Hermès Revenues Jump 31.5% in Q3 as Asia Remains Strong

The French luxury brand reported a "remarkable" performance in Greater China.

Intercos Group Prices IPO With Valuation Up to 1.3 Billion Euros

The Italian cosmetics manufacturer has set the terms of its introduction to the Italian Stock Exchange…

Jonathan Akeroyd Named CEO of Burberry

Jonathan Akeroyd will return to the U.K. after a five-year stint as CEO of Versace.

Rent the Runway’s $1.5 Billion Next Step

The fashion rental business is set to ship out to Wall Street next week.

Gucci Aria Collection Holds Key to Kering’s Year-end Fortunes

The French luxury group is counting on Gucci's centenary collection to boost sales after a disappointing…