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Latest in Financial

Basketball and America Key to Puma’s Strong Q1 

The German brand credits an increased focus on North America, especially as China continues to languish. 

SMCP Sees Strong Q1 Organic Sales Boost

The accessible luxury player's 23.7 percent organic sales gain was driven by momentum in the Americas and…

Luxury Faces Headwinds in China, Room to Grow in the Americas

New Barclays research flagged new challenges and opportunities.

Fashion IPOs Falter, but Retail’s Potential Remains on Wall Street

Even though the IPO fever of 2021 has broken, fashion is seen as healthier and could produce more offerings…

Marciano Brothers Win Their Battle to Stay on Guess Board

Activist Legion Partners had been lobbying shareholders to make a change.

U.S. Private Equity Giants Are Circling The Hut Group

THG has become the latest British company after Ted Baker to attract institutional bargain hunters.

Gucci Casts a Shadow on Kering in Q1

The Italian brand's exposure to China held sales growth to 13.4 percent in the period.

Bernard Arnault Can Keep Running LVMH Until He’s 80

Shareholders voted 81.6 percent in favor of changing the company's bylaws.

Hermès Touts Craftsmanship Over Metaverse at Shareholders’ Meeting

"We are full of confidence about the future," said executive chairman Axel Dumas.

Lululemon Sets Sights on $12.5 Billion Revenue Stream by 2026

The retailer plans to expand with added product categories and in new markets, such as Spain and Italy.

Retail Sales Rise Despite Skyrocketing Gas Prices

With war and inflation in the offing, fashion and the economy face a complicated future.

Fast Retailing Targets Aggressive Store Opening Plan, U.S. Growth

Founder Tadashi Yanai reiterated plans for Fast Retailing to be the world's largest casualwear brand, with…

Hermès Rides Luxury Wave, Driven by Europe and Americas

First-quarter figures showed continued demand met by a better inventory situation, despite the war in Ukraine…

Rent the Runway’s Jennifer Hyman Focusing on Profitability

The CEO said this is the rental pioneer's year with the market trends lining up in support of the business.

Stefan Larsson’s Simple Plan for PVH

The CEO fleshed out his vision to unlock the full potential of Tommy Hilfiger and Calvin Klein.