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Latest in Financial

The Beckhams’ Fortune Rises, Pinault Lost 1.9 Billion Pounds, Sunday Times Rich List 2024 Shows

The ranking also showed that Mike Ashley's fortune shrank by 41 million pounds, while James Dyson's net worth…

Richemont Sales Slow in Fourth Quarter, as Group Names Nicolas Bos CEO

Luxury giant Richemont is not immune to luxury's slowdown, with fiscal fourth-quarter sales falling 1 percent…

Under Armour Outlines Painful Restructuring Plan Including Layoffs, Product Reduction and Fewer Promotions

The strategy was unveiled by founder Kevin Plank, who returned as CEO in April.

Kevin Plank Lays Out His New Game Plan for Under Armour

The company sees big sales declines in North America as it reins in promotions.

Walmart Is Done Punching Below Its Weight in Fashion

CEO Doug McMillon said the retail giant has "punched below our weight" in apparel, but is now seeing progress…

How Lee and Wrangler Stepped Up

CEO Scott Baxter looks back at how the budget jeans business now known as Kontoor Brands found its footing…

Slower Shoe Sales Hit Tod’s Q1 Sales, Amid Delisting

The Italian luxury fashion firm reported a 6.7 drop in sales, due in part to negative currency impact and…

Burberry Raincoats, Scarves Flew Off Shelves in Fiscal 2024, but Not the Ready-to-wear

The British brand, which is fighting battles on multiple fronts, beat some analysts' expectations in fiscal…

VF Hired Goldman Sachs to Consider Selling Supreme, Sources Said

VF is also said to have hired Goldman Sachs as it reviews its portfolio.

On Has Its First 500 Million Swiss Franc Quarter, Will Open Paris Store During 2024 Olympics

The business' apparel business is growing, and the first collections from Tim Coppens, creative director of…

China Insight: Behind the Delisting of Footwear and Apparel Enterprises, a More Stringent Chinese Stock Market Is Tightening Up

As China's stock exchanges tighten their rules, many footwear and apparel groups are opting to — or being…

Mytheresa Is Considering Going Private, Sources Said

The company has also expressed interest in buying Net-a-porter, sources said, which could allow it bolster…

Moschino Parent Aeffe Continues Reorganization as Q1 Sales Decrease

Moschino, whose first women's collection by Adrian Appiolaza bowed in February, will hold a coed show in…

Marcolin Sales Were Flat, but Profitability Is Up

The eyewear company saw impacts from discontinuing some licenses, but has signed new agreements with…

Ferragamo Sales Decline in First Quarter

Weak performance in China and wholesale caused numbers to dip, but new CEO Marco Gobbetti said he's confident…

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