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Latest in Financial

Tapestry CEO Joanne Crevoiserat on Q3, Capri and the Consumer

The company's third-quarter earnings topped estimates, but took a hit from deal costs and signaled some…

Fossil Group Sees First-Quarter Revenues Slide After a Dismal 2023

The Texas-based watch and accessories company saw sales decline $100 million after discontinuing its…

Puma’s Q1 Sales Dip Beats Market Forecast, ‘In Line With Strategy’

Executives at the German sportswear brand expect things to improve every quarter from now on.

Farfetch Losses Weigh on Coupang in Q1

The luxury e-commerce platform is settling in at its new home, the South Korean e-commerce giant Coupang.

The Saks, Neiman Marcus Megadeal Is Getting Close, Sources Said

Reliance and Zalando are said to be involved in a deal that would bring Saks and Neiman Marcus under one…

Amid Falling Q1 Sales, Safilo Says Portfolio Is Solid

The Italian eyewear maker's sales in the first quarter were dragged down by the loss of its Jimmy Choo…

Simon Property Group Sells Off Stake in Authentic Brands for $1.2 Billion

The real estate firm sold off a nearly 10 percent stake.

Prada Group Signals It Is Open to M&A, as It Amps Up Investments in Industrial Structure

Unveiling a newly expanded knitwear plant, marketing director and head of CSR Lorenzo Bertelli and group CEO…

Amid Dip in Q1 Revenues, Zalando Touts Validity of ‘Ecosystem’

Revenues fell 0.6 percent in the period, but profitability improved as B2B activities gained traction. 

Men’s Swim Line Ron Dorff Raises $2 Million — From Its Customers

The lifestyle brand worked with Europe's Crowdcube on the investment.

Ryan Reynolds’ Maximum Effort Firm Invests in Homage Brand

Homage creates apparel for major sports leagues including the NBA and NFL.

Pandora Raises 2024 Guidance as Revenue Soars 18 Percent

CEO Alexander Lacik said Pandora is increasing its market penetration by widening its focus beyond the charm…

Hugo Boss Q1 Sales Increase 6 Percent but Has Brand Momentum Slowed?

Last year, the German company saw double-digit results and record-breaking sales. This year, it will be a…

Department Stores Rebuild for a New Retail World

Department stores need to figure out how to go small and rebuild their ecosystem to make the world believe in…

Hermès AGM Mingles Shadow Puppets and Luxury Wisdom

"We live in an unstable world, and therefore it is important to be a resilient company," CEO Axel Dumas told…

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