Qatar Investment Authority Eyes 10% Stake in Golden Goose
Qatar’s sovereign wealth fund is preparing to buy a stake in Italian sneaker maker Golden Goose, Corriere della Sera reported Saturday.
earnings-report
Luxury
The Plan to Turn Versace and Michael Kors Into 'America's LVMH' Begins Now
This week, everyone will be talking about Capri Holdings' plans for Michael Kors and Versace, Serena Williams and Roger Federer at the French Open and the start of swimwear season. Read our BoF Professional Cheat Sheet.
The Plan to Turn Versace and Michael Kors Into 'America's LVMH' Begins Now
This week, everyone will be talking about Capri Holdings' plans for Michael Kors and Versace, Serena Williams and Roger Federer at the French Open and the start of swimwear season. Read our BoF Professional Cheat Sheet.
Financial Markets
Why Nordstrom Stopped Reporting Same-Store Sales
The department store chain abandoned the metric, considered a gold standard for gauging a retailer’s health, after a brutal quarter. But Nordstrom may also be looking ahead to a more-digital future.
Why Nordstrom Stopped Reporting Same-Store Sales
The department store chain abandoned the metric, considered a gold standard for gauging a retailer’s health, after a brutal quarter. But Nordstrom may also be looking ahead to a more-digital future.
Financial Markets
Time for Fashion to Pay Attention to Trump's Trade War
This week, everyone will be talking about escalating tariffs on Chinese-made apparel and footwear, Carine Roitfeld's charity gala at Cannes and department store earnings. Read our BoF Professional Cheat Sheet.
Time for Fashion to Pay Attention to Trump's Trade War
This week, everyone will be talking about escalating tariffs on Chinese-made apparel and footwear, Carine Roitfeld's charity gala at Cannes and department store earnings. Read our BoF Professional Cheat Sheet.
Luxury
Richemont Profit Misses Estimates on Online Investment Costs
The luxury group's operating margin slipped to 13.9 percent, the lowest in more than a decade.
Richemont Profit Misses Estimates on Online Investment Costs
The luxury group's operating margin slipped to 13.9 percent, the lowest in more than a decade.
Retail
Dark Clouds Gather Over U.S. Retailers Ahead of Earnings Season
Wall Street will learn between now and Memorial Day whether the mixed Christmas period was just a blip, or if darker days may be ahead for consumer spending.
Dark Clouds Gather Over U.S. Retailers Ahead of Earnings Season
Wall Street will learn between now and Memorial Day whether the mixed Christmas period was just a blip, or if darker days may be ahead for consumer spending.
Financial Markets
Tod's Q1 Revenues Fall but Its Own Retail Channel Rebounds
The shoes and leather goods company, known for its Gommino loafers, has repeatedly fallen short of market expectations in recent years and has struggled to rejuvenate its brands.
Tod's Q1 Revenues Fall but Its Own Retail Channel Rebounds
The shoes and leather goods company, known for its Gommino loafers, has repeatedly fallen short of market expectations in recent years and has struggled to rejuvenate its brands.
Luxury
The Week Ahead: Will Kering Change Its Tune on Acquisitions?
This week, everyone will be talking about Gucci parent Kering's next move, fashion at Coachella and Allbirds entering China. Read our BoF Professional Cheat Sheet.
The Week Ahead: Will Kering Change Its Tune on Acquisitions?
This week, everyone will be talking about Gucci parent Kering's next move, fashion at Coachella and Allbirds entering China. Read our BoF Professional Cheat Sheet.
Financial Markets
PVH Quarterly Sales Beat Estimates on Tommy Hilfiger Boost
Shares of the company were up 7 percent after the bell.
PVH Quarterly Sales Beat Estimates on Tommy Hilfiger Boost
Shares of the company were up 7 percent after the bell.
Luxury
Prada 2018 Sales Rise Despite Second-Half Slowdown
Annual revenues at the Italian luxury group rose for the first time in four years, showing its turnaround plan is starting to bear fruit.
Prada 2018 Sales Rise Despite Second-Half Slowdown
Annual revenues at the Italian luxury group rose for the first time in four years, showing its turnaround plan is starting to bear fruit.
Luxury
Moncler Promises More Growth After Jump in 2018 Sales
The luxury outerwear brand reported a 19 percent increase in sales last year.
Moncler Promises More Growth After Jump in 2018 Sales
The luxury outerwear brand reported a 19 percent increase in sales last year.
Financial Markets
Remembering Lagerfeld and Lanvin's Next Chapter at Paris Fashion Week
This week, everyone will be talking about Paris Fashion Week, the Oscars and the future of red carpet dressing and a wave of earnings reports from troubled retailers. Read our BoF Professional Cheat Sheet.
Remembering Lagerfeld and Lanvin's Next Chapter at Paris Fashion Week
This week, everyone will be talking about Paris Fashion Week, the Oscars and the future of red carpet dressing and a wave of earnings reports from troubled retailers. Read our BoF Professional Cheat Sheet.
Financial Markets
Ralph Lauren Beats Quarterly Revenue Estimates
The company's results beat average analyst estimates due to its greater emphasis on marketing.
Ralph Lauren Beats Quarterly Revenue Estimates
The company's results beat average analyst estimates due to its greater emphasis on marketing.
The News in Brief
Retailers Push UK to Join US and EU Ending Shein Parcel Loophole
British retailers are pushing the UK government to end a tax loophole that has helped online giants Shein and Temu make significant inroads and gain market share.
Exclusive: Deciem to Relaunch The Chemistry Brand
The Estée Lauder-owned beauty company and The Ordinary parent will relaunch one of its original brands as it moves to rekindle its reputation for incubation.
De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.