Latest in Financial
Salt Life Set for Sale as Delta Apparel Files for Bankruptcy
The sea-savvy brand has a $28 million deal with FCM Saltwater Holdings seen as a stalking horse.
Under Armour’s Kevin Plank Received a 55% Bump in Compensation in Returning to the Role of CEO
The founder of the sports firm returned to the post in April as Stephanie Linnartz left after just over one…
Nike Signals Guidance Cut Amid ‘Challenges’ in Q4
The company reported fourth-quarter sales results that fell short of expectations.
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H&M Needs Further Sales Boost to Stay on Track
The retailer's shares fell by more than 12 percent despite improvements in second-quarter sales and profits.
Levi’s CEO Michelle Gass Overdelivers for Q2, But Stock Still Takes a Hit
"Uncertainty has become our new certainty. We know that there's going to be uncertainty with the consumer,"…
What Retailers Can Learn From Express’ Trip Through Bankruptcy
Hilco executive Ian Fredericks diagnoses what went wrong at Express as it reemerges from Chapter 11.
Ralph Lauren’s Pay Tops $19M With Boost From Stock Awards
The designer's family also sold more than $500 million worth of Ralph Lauren Corp. stock in March.
Yoox Net-a-porter’s China Joint Venture With Alibaba to End
Yoox Net-a-porter's plan to exit China stems from a global strategy to focus investments and resources on…
Golden Goose Admitted to Publicly List in Milan
Borsa Italiana and Italy's watchdog CONSOB have approved the IPO.
Academy Sales Fall in Q1 as CEO Cites ‘Pressure’ on Consumers
According to Academy CEO Steve Lawrence, the results reflected a consumer "under pressure in the current…
VF CEO Bracken Darrell Scores $13.5M Stock-heavy Pay Package
Darrell has been rapidly moving to sell off brands and reshape the company for a rebound.
G-III CEO Morris Goldfarb Breaks Down His New Investment
The company, which beat first-quarter estimates, took a 12 percent stake in Madrid-based All We Wear to build…
Walmart Plays Up Employees’ Pay, While Shareholders Strike Down Several Proposals
Executives said Walmart's average hourly wage is nearly $18.
Victoria’s Secret & Co. Swings Into the Red for Q1
The multibrand lingerie specialist saw a net loss of $4 million for the first quarter.
Lululemon Regains Some Momentum in Q1 Despite U.S. Missteps
The active brand beat first-quarter estimates, but is still working through some missteps in its U.S. women's…