Latest in Financial
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…
HanesBrands Is Selling Champion to Authentic in $1.2B Deal
The Jamie Salter-led Authentic will soon have Champion to pair with Reebok, giving the brand house more reach…
Slowing but Steady, Sales Up at Zara Parent Company Inditex in First Quarter
The brand plans to launch livestreaming in the U.K. and U.S. as sales growth normalizes.
PVH Earnings Top Estimates as Tommy CEO Martijn Hagman Steps Down
Hagman is leaving the company after a 16-year career.
Formula 1 Driver Charles Leclerc Invests in Watch Platform Chrono24
The 26-year-old driver is a Richard Mille ambassador and joins the likes of Cristiano Ronaldo and Aglaé…
Nordstrom Shares Dip on Profit Miss Despite Reporting Sales Gains in Q1
Net sales in the first quarter increased 5.1 percent to $3.22 billion, up from $3.06 billion the same period…