Goldman Sachs

Victoria's Secret

Intimates

Potential Sale or Spin-off of Victoria’s Secret Looms

Parent company L Brands said it will make a decision on the future of the lingerie business in the next six months.

clock February 25, 2021Kellie Ell

Versace

Financial

Shares of Michael Kors Parent Capri Holdings Rise After Earnings Beat

The fashion group logged a $178 million profit, its second consecutive quarter of gains amid the pandemic.

clock February 3, 2021Kellie Ell

Target store

Financial

Target, Nike Halt Political Contributions After D.C. Riot

Target also revealed holiday sales were boosted by online shopping.

clock January 13, 2021Kellie Ell

YouCam Makeup Perfect Corp. CES 2018 augmented reality

Beauty Features

Virtual Try-on Business Perfect Corp. Raises $50M Series C From Goldman Sachs

Goldman Sachs is backing the beauty technology company.

clock January 7, 2021Allison Collins

Julie Rosen L Brands Bath & Body Works

Human Resources

L Brands’ Bath & Body Works Adds to C-suite

The appointments follow a string of recent senior-level promotions at the Victoria’s Secret brand.

clock December 21, 2020Kellie Ell

Rihanna lingerie

Activewear

Rihanna Courts Investors for Potential Savage X Fenty Activewear Collection

The mega-star is asking for $100 million and complete control.

clock December 15, 2020Kellie Ell and Evan Clark

Victoria's Secret

Financial

Victoria’s Secret Angels Soar on Wall Street

The lingerie giant’s comeback strategy has taken flight, with shares of parent company L Brands surging more than 17 percent.

clock November 19, 2020Kellie Ell

Free People FP Movement

Retail

Free People Stretches Retail Footprint With Stand-alone FP Movement Stores

The move comes as a number of companies and brands try to take share in the growing activewear market.

clock September 15, 2020Kellie Ell

Victoria's secret store

Intimates

Victoria’s Secret Parent Company Beats Earnings Expectations, Causing Shares to Surge

Meanwhile, the retailer continues with its plans to spinoff the lingerie brand into a private, stand-alone firm.

clock August 19, 2020Kellie Ell

IMAGE DISTRIBUTED FOR TAPESTRY, INC. - Tapestry Chairman and CEO Jide Zeitlin welcomes over 50 fashion houses and brands to the fashion industry's Open to All pledge-signing on Thursday, Sept. 5, 2019 in New York. (Loren Matthew/AP Images for Tapestry, Inc.)

Financial

Wall Street Mixed on Tapestry After Jide Zeitlin’s Sudden Departure

Meanwhile, company shares have remained mostly flat after the news broke of Zeitlin’s past behavior, closing up just 0.37 percent Wednesday.

clock July 22, 2020Kellie Ell

An Indochino showroom.

Fashion Scoops

Indochino Offering Free Pants to Goldman Sachs Employees

The investment banking firm has instituted a more casual dress code.

clock March 13, 2019Jean E. Palmieri

bigcommerce ecommerce

Technology

BigCommerce Raises $64 Million in Round Led by Goldman Sachs

The e-commerce platform latest influx brings its total funding to more than $200 million.

clock April 25, 2018Evan Clark

Schmidt's Naturals products.

Mergers and Acquisitions

Schmidt’s Said to Hire Goldman for Sale Process

Native, another natural deodorant company, was just sold to P&G.

clock November 29, 2017Allison Collins

Backstage at Canali Men's Spring 2017

Fashion Scoops

Canali Denies Sale Rumors

According to Italy’s daily paper La Repubblica, the company appointed Goldman Sachs to test the interest of potential investors, including Andrea C. Bonomi’s Investindustrial.

clock November 25, 2017Sandra Salibian

Aday's pop-up shop on Elizabeth Street.

Retail

For Aday, Effortless Clothing Equals Uncomplicated Life

Brand’s mantra is seasonless, sustainable and technical.

clock June 27, 2017Sharon Edelson

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Essentialist

Today's Must Read

Alessandro Michele

Fashion

Gucci's Alessandro Michele Discusses Brand Longevity Turning 100

clock April 15, 2021Luisa Zargani

Social Studies

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