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Latest in Financial

After a Year of High-stakes Financing, Saks Turns Back to High-stakes Retailing

The luxury department store has access to the funds it needs to operate now; the question is how well it will…

SMCP Secures Singapore Court Victory in Battle Over Disputed Share Transfer

It is the latest decision in favor of the Sandro and Maje parent company.

Giorgio Armani’s Major Investments for Long-term Growth Dented 2024 Bottom Line

The designer, chairman and CEO of his fashion group prioritizes strategic investments in flagship projects…

PVH CEO Stefan Larsson Buys $1M in Stock, Signaling Confidence in Fashion Company’s Strategy

Investors also started to feel more bullish about the Calvin Klein and Tommy Hilfiger parent company.

Under Armour CEO Kevin Plank’s Pay Package Hits $11 Million

The CEO of Under Armour returned to the top post at the Baltimore-based sports brand last year.

H&M Group Impacted by Investments, External Factors in Q2

The Swedish fast-fashion group said it is seeing signs of progress in its turnaround initiatives, despite…

New Money, Same Staud — Fashion Brand Connects With Wealthy Investors

Staud worked with The Sage Group to score a "significant investment" from "multibillion-dollar family…

Capri CEO John Idol’s Pay Slips to $9.1 Million

The company paid a retention bonus to former CFO and operating chief Thomas Edwards, but was unable to keep…

Ralph Lauren’s Pay Package Tops $24 Million

The company also named former Apple retail chief Angela Ahrendts as its new lead independent director.

CaaStle Files for Chapter 7 Bankruptcy, Setting Up Liquidation

The rental company had already furloughed its workers following CEO Christine Hunsicker's scandal-filled…

Mulberry Raises a Further 20 Million Pounds to Supercharge Turnaround Plan

The British brand is aiming for 200 million pounds in revenue and an EBIT margin of 15 percent in the…

Lululemon Is Cutting 150 Corporate Jobs

A Lululemon spokesperson said following a "recent review," 150 corporate employees from its store support…

May Retail Sales Show ‘Garden Variety’ Weakness, No Tariff Disruption — Yet

Experts see a rocky second half as the impact of U.S. President Donald Trump's trade war ripples through the…

Activist Investor Barington Jumps In to Pressure Victoria’s Secret

James Mitarotonda called for the company to consider switching out board members as it has "diluted brand…

Kering Stock Surges on the Prospect of a New Company CEO

Luca de Meo, who resigned from carmaker Renault on Sunday, is widely tipped to succeed François-Henri Pinault…