Latest in Financial
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…
Kering Forecasts 40-45% Drop in H1 Operating Profit as Gucci Sales Tumble
The French luxury group said overall revenues fell 11 percent in the first quarter.
Zegna Group Sales Rise in Q1, Boosted by the Americas, Direct-to-consumer Business
Thom Browne sales fell during the quarter, however, as the group trimmed the brand's wholesale distribution.
Valentino Reports Decline in 2023 Sales, Profitability
CEO Jacopo Venturini said that "it's important to note that despite this, we, as a company, maintained our…
Golden Goose Reports Q1 Sales Growth, Marco Bizzarri Joins Board
The former president and CEO of Gucci is joining the company as it continues to perform, with sales in the…
FTC Sues to Block Tapestry’s $8.5B Takeover of Capri
Tapestry CEO Joanne Crevoiserat told WWD the company was ready to fight for the potentially…
Express Closing 106 Stores as It Plans for Rebirth After Bankruptcy
The specialty retailer is sorting out its future with plans to trim stores and sell its sustainably minded…
Express Files for Chapter 11 Bankruptcy Protection
Bankrupt Express Inc. has a nonbinding offer from a consortium led by WHP Global that includes Simon Property…
High-end Swiss Watches Not Immune to Global Export Tumble in March
Almost 400,000 fewer watches left the country, with all price segments affected, as first quarter showed a…