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
Financial Markets
Luxury Sector Rallies On LVMH Results
In this month's Market Pulse, a set of impressive results by the French luxury conglomerate kickstarted 2019 with a note of optimism.
Luxury Sector Rallies On LVMH Results
In this month's Market Pulse, a set of impressive results by the French luxury conglomerate kickstarted 2019 with a note of optimism.
Financial Markets
Amazon Reports Better Than Expected Holiday Season Sales
But shares fell after the company's projections for the first quarter missed analyst estimates.
Amazon Reports Better Than Expected Holiday Season Sales
But shares fell after the company's projections for the first quarter missed analyst estimates.
Financial Markets
Vuitton Handbags Boost LVMH Sales
LVMH on Tuesday said it was "cautiously" confident about the year ahead after fourth-quarter sales held up in the face of fears of a slowdown in China.
Vuitton Handbags Boost LVMH Sales
LVMH on Tuesday said it was "cautiously" confident about the year ahead after fourth-quarter sales held up in the face of fears of a slowdown in China.
Luxury
LVMH Eases Fears of a Luxury Slowdown in China
LVMH posted a 9 percent rise in fourth-quarter comparable sales, in line with forecasts, despite concerns over a slowdown in China.
LVMH Eases Fears of a Luxury Slowdown in China
LVMH posted a 9 percent rise in fourth-quarter comparable sales, in line with forecasts, despite concerns over a slowdown in China.
Luxury
What Will LVMH's Annual Results Reveal About the China Slowdown?
This week, everyone will be talking about LVMH's annual results, the end of the government shutdown and Amazon's improving fashion sense. Read our BoF Professional Cheat Sheet.
What Will LVMH's Annual Results Reveal About the China Slowdown?
This week, everyone will be talking about LVMH's annual results, the end of the government shutdown and Amazon's improving fashion sense. Read our BoF Professional Cheat Sheet.
Financial Markets
VF's Results Ease China Concerns
Vans parent company VF Corp.’s quarterly beat, aided by a sales increase in China, is fuelling a rally in branded apparel peers that include Canada Goose.
VF's Results Ease China Concerns
Vans parent company VF Corp.’s quarterly beat, aided by a sales increase in China, is fuelling a rally in branded apparel peers that include Canada Goose.
Retail
Macy's Cuts Profit and Sales Forecast After Weak Holiday Season
Department stores had shown signs they were finding ways to cope with declining mall traffic and tough competition from online seller Amazon, but some are predicting an industry-wide slowdown this year.
Macy's Cuts Profit and Sales Forecast After Weak Holiday Season
Department stores had shown signs they were finding ways to cope with declining mall traffic and tough competition from online seller Amazon, but some are predicting an industry-wide slowdown this year.
Financial Markets
Last-Minute Demand Boosts John Lewis Christmas Sales
Britain's biggest department stores operator said demand was 'very strong' on Christmas Eve, indicating that shoppers had delayed rather than cut spending.
Last-Minute Demand Boosts John Lewis Christmas Sales
Britain's biggest department stores operator said demand was 'very strong' on Christmas Eve, indicating that shoppers had delayed rather than cut spending.
Luxury
Raf Simons and Calvin Klein: What Went Wrong?
PVH gave Simons the keys to the kingdom. Now the relationship is crumbling.
Raf Simons and Calvin Klein: What Went Wrong?
PVH gave Simons the keys to the kingdom. Now the relationship is crumbling.
Financial Markets
Primark Owner Faces 'Challenging' Trading in November
AB Foods, parent company of Primark, blamed a fall in shopper numbers and unseasonably warm weather for negative underlying sales in November.
Primark Owner Faces 'Challenging' Trading in November
AB Foods, parent company of Primark, blamed a fall in shopper numbers and unseasonably warm weather for negative underlying sales in November.
Luxury
Raf Simons and Calvin Klein: What Went Wrong?
PVH gave Simons the keys to the kingdom. Now the relationship is crumbling.
Raf Simons and Calvin Klein: What Went Wrong?
PVH gave Simons the keys to the kingdom. Now the relationship is crumbling.
Financial Markets
L Brands Shares Fall After Cutting Dividend
Sales at Victoria's Secret stores that have been open for at least a year fell 2 percent, but were better than analysts' average estimate of a 4 percent decline.
L Brands Shares Fall After Cutting Dividend
Sales at Victoria's Secret stores that have been open for at least a year fell 2 percent, but were better than analysts' average estimate of a 4 percent decline.
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.