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Adidas Sees Strong Finish to 2024 With Revenue and Profit Surge
For the full fiscal year, Adidas said that revenues increased 11 percent in 2024 to 23.68 billion euros.
Leap Gets $20M Investment, Names Karen Katz to Board
The company that opens and runs stores for DTC brands operates more than 100 units around the U.S. with plans…
Holiday Sales Top Expectations With a 4% Increase
Target is also feeling more bullish on the fourth quarter, with a "meaningful acceleration" in fashion.
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Richemont Sales Bounce 10% in Q3, With Strong Gains Worldwide, Except China
Sales rocketed 22 percent in the Americas region, while in mainland China, Hong Kong and Macau they were down…
For Some Fashion Firms, Will Holiday 2024 Be as Good as It Gets?
Fashion retailers provided holiday 2024 sales updates, but investors weren't impressed as they ponder a sales…
Brunello Cucinelli Logged Record Revenues in 2024 — And Eyes Continued Growth Through 2026
The Italian company recorded revenues of 1.28 billion euros last year.
EXCLUSIVE: Y/Project Is Closing
The Paris-based brand is ceasing operations after failing to find a buyer.
Capri Shares Jump 7.9% as BMO Analyst Simeon Siegel Points to Silver Lining
The analyst upgraded shares of the Michael Kors parent to outperform and said investors have been too harsh…
Fashion Dealmaking Could Perk Up in 2025
Between the building of the brand management houses, a revamping of strategics and companies sitting in…
Destination XL Receives Offer to Be Taken Private by Fund 1 Investments
The fund, which was part of the takeover of L'Occitane, valued the men's big and tall retailer at $3 a share…
Nike’s New CEO Admits the Brand Has Been Competing With Its Partners, Pledges to Fix Relationships With Foot Locker, JD Sports and More
Elliott Hill admitted some partners feel Nike has turned its back on them.
Nike Stock Jumps After Better-than-expected Results Under Elliott Hill’s Turnaround Plan
Shares of Nike were up more than 10 percent in the initial moments in after-hours trading on Thursday.
The Nordstrom Family and El Puerto de Liverpool Near a Deal to Buy Nordstrom Inc.
Word that a deal could be near helped send shares of Nordstrom up 5.1 percent.
H&M Group Takes Minority Stake in Customer Experience Platform Voyado
The investment will fuel expansion beyond Benelux and the Nordics, to Germany and the U.K.
Delta Galil Confidentially Files for U.S. IPO
The 7 for All Mankind parent company already trades in Tel Aviv and has been seeing growth.