Latest in Financial
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…
How Adidas Beat Expectations for Q1
Adidas sales grew 8 percent over the first quarter and the company returned to profit. Adidas boss Bjorn…
Target CEO Brian Cornell’s Pay Rose 8.7 Percent Last Year
Target has seen dramatic growth under Cornell.
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The Dream of ‘an American LVMH’ Dims With FTC Challenge to Tapestry and Capri Merger
The FTC's lawsuit to nix Tapestry's $8.5 billion Capri takeover complicates fashion dealmaking.
Ted Baker’s European Arm Set for More Store Closures and Job Losses
Stores and concessions in Spain, Belgium and the Netherlands are set to shut, with 149 jobs at risk.
Lululemon CEO Calvin McDonald Receives $16.5 Million Package
The majority of the CEO's compensation came in the form of stock awards and options.
Walmart CEO Doug McMillon Sees $27 Million Pay Day
The CEO is routinely among the highest-paid CEOs in retail.
Kering CEO Aims to Improve Results by Yearend Amid Gucci Turnaround
At the French luxury group's annual general meeting, François-Henri Pinault acknowledged that shareholders…
Tatcha, Hourglass, Living Proof Power Unilever’s Growth in First Quarter
In the first three months, Unilever's prestige beauty brands, led by Tatcha, Hourglass and Living…
SMCP Details Turnaround Plan as Q1 Sales Fall 5.8%
The contemporary fashion player hopes to return to profitable growth by 2026.
Hermès Bucks Luxury Slowdown as Jewelry, Home and Leather Goods Flourish
The company remains confident in China and the U.S. as first-quarter sales gain 17 percent, with jewelry and…
Moncler Group Q1 Sales Boosted by DTC, Asia Pacific
Revenues in the period rose 13 percent to 818 million euros.
The Scenario May Be Different, but Prada Group Continues to Grow
Group CEO Andrea Guerra said "sharpness of positioning, creativity and communication will be critical this…
Prada Group Reports Continued Growth in Q1
All geographic markets lifted sales and Miu Miu posted an 89 percent gain.
The FTC Lays Out Its Case Against Tapestry’s $8.5B Buyout of Capri
The FTC's lawsuit to block the deal uses new regulations to argue that Tapestry is a serial acquirer and that…