Latest in Financial
Richemont Jewelry Sales Surge at the End of a Difficult Year for Luxury
Sales of fine jewelry accelerated into the double-digits at the end of fiscal 2025 in an eventful, and…
Dillard’s Reports Drop in Net Income, Sales in Q1
The Arkansas-based department store retailer said men's and juniors' apparel outperformed womenswear in the…
Walmart Reiterates 2025 Outlook, but Doesn’t Make a Q2 Earnings Promise Amid Tariffs
The retailer's first-quarter profits came in ahead of analysts' projections.
Ferragamo Refocuses on Leather Business Amid Q1 Sales Dip
The brand is introducing new handbag models, and plans a renewed emphasis on high-quality women's and men's…
Saks Global’s ‘Tight Liquidity’ Has S&P Reconsidering Its Credit Rating
The debt rating agency put Saks' "CCC-plus" rating on credit watch negative and reiterated that its capital…
Burberry Sees Sales, Profits Decline in a Tough Year
Burberry posted an operating loss of 3 million pounds in fiscal 2025 and set out a new cost savings plan that…
American Eagle Outfitters Warns on Q1, Pulls Guidance for the Year
Price promotions and a $75 million write-down of inventory pushed the company to an adjusted operating loss.
Under Armour Moving in Right Direction Despite Still-challenging Results
More premium product, including a Halo collection of apparel and footwear, is planned for the fall.
Apparel Seen as Major Growth Area for On Holding
The Swiss running shoe company is focusing on becoming a full head-to-toe sportswear brand.
Under Armour Continues to Struggle, but Makes Progress on Restructuring Plan
The Baltimore-based sports brand instituted a plan to cut promotions and improve efficiencies one year ago.
Fashion Investors Rally Behind De-escalation in U.S.-China Trade War
Despite big gains in the market, importers are still looking for firm ground to make their sourcing plans for…
Saks Global Hires Advisers as It Works to Shore Up Liquidity
The retailer has brought both financial and legal advisers on board and is said to be ready to make its $120…
Analysts Weigh Tapestry’s Strength at Coach Against the Trade War and Kate Spade’s Turnaround
The handbag giant posted strong third-quarter results, getting a fresh look from Wall Street.
Moschino, Alberta Ferretti Parent Aeffe Reports Q1 Revenue Decline, Looks to Recovery
Executive chairman Massimo Ferretti said the results were impacted by "the general global slowdown in…
Tom Ford, Zegna Eyewear-maker Marcolin Reports Q1 Growth, Strengthens Luxury Eyewear Portfolio
The Italian eyewear producer reported a growth in margins and top line in the period, with an increase in the…