Corporate/Finance


  • Interior of a Cartier store shows display cases.
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    Andrew H. Walker via Getty Images
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    Richemont sales boosted by fine jewelry

    Challenges at the company’s watchmaker division offset gains elsewhere and resulted in an overall 4% revenue increase for fiscal 2025.

    By May 16, 2025
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    Vittorio Zunino Celotto via Getty Images
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    Ferragamo revenue slips as Asia Pacific sales decline 13%

    The company’s DTC business fell in the first quarter of 2025, but global gains in the wholesale channel helped offset some losses.

    By May 15, 2025
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    Cara Salpini/Fashion Dive
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    American Eagle Outfitters pulls guidance, writes down $75M in inventory

    The preliminary Q1 results also revealed a 5% revenue decline and steep operating losses.

    By Dani James • May 15, 2025
  • Models in plaid outerwear and scarves walk down a runway.
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    John Phillips via Getty Images
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    Burberry plans 1,700 job cuts as revenue sinks

    Following a significant profit decline for fiscal 2025, the company said it planned to focus on heritage products and a streamlined inventory strategy.

    By May 14, 2025
  • Two people running in On Cloudneo shoes
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    Courtesy of On
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    On is raising some prices, but it isn’t because of tariffs

    The athletics company saw net sales increase 43% and plans to increase pricing to further differentiate itself as a premium brand in the market.

    By Dani James • May 14, 2025
  • A interior of a clothing store shoes mannequins wearing women's clothing against neutral-colored walls
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    Retrieved from Vince on May 13, 2025
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    Vince faces potential delisting

    The New York Stock Exchange said the company’s market cap and stockholders’ equity had dropped below continued standards.

    By May 13, 2025
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    Spencer Platt via Getty Images
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    Nearly half of shoppers are concerned about tariff-related fashion costs: report

    Buyers are willing to switch brands if prices rise, which marketing firm Wunderkind said gives challenger brands the opportunity to capture new customers.

    By May 13, 2025
  • Models in flowing, long dresses walk down a runway as a seated crowd applauds from the side.
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    Vittorio Zunino Celotto via Getty Images
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    Aeffe revenue nosedives more than 23% in first quarter

    The Moschino and Alberta Ferretti parent company posted double-digit sales declines in every region.

    By May 12, 2025
  • Treasury Secretary Scott Bessent appears before the House Financial Services Committee on May 7, 2025, in Washington, D.C.
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    Pete Marovich via Getty Images
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    US, China agree to reduce tariff rates for 90 days

    By Wednesday, the two countries will charge 10% baseline duties during the period and remove certain retaliatory levies that pushed rates over 100%.

    By Philip Neuffer • May 12, 2025
  • A Crocs storefront
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    Cara Salpini/Fashion Dive
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    Crocs yanks guidance, citing trade uncertainty

    The company recently joined with other footwear brands to urge the Trump administration to exempt the category from tariffs.

    By Daphne Howland • May 9, 2025
  • Black-and white headshot of a man wearing a suit without a tie, staring at the camera.
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    Retrieved from PVH Corp. on May 09, 2025
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    Calvin Klein global brand president exits

    Eva Serrano will remain at the company through the end of the year to support the transition of her successor, David Savman.

    By May 9, 2025
  • A Coach retail store as seen from above, with people walking by on the street below.
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    Kevin Frayer via Getty Images
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    Tapestry reports record third quarter, raises guidance

    Coach revenue gains offset losses at Kate Spade, while Stuart Weitzman saw steep declines ahead of its sale to Caleres this summer.

    By Updated May 9, 2025
  • A yellow Nike storefront with a mural of runners on the outside.
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    Courtesy of Nike
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    Nike names new brand president as Hill shuffles leadership structure

    As part of a reorganization, Amy Montagne will now lead the Nike brand, while 26-year veteran Heidi O’Neill is retiring.

    By Cara Salpini • May 8, 2025
  • A Hugo Boss clothing store as seen from the outside on a sunny day.
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    Carlos Alvarez via Getty Images
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    Hugo Boss beats expectations with 2% revenue decline

    First-quarter retail and wholesale sales fell amid soft demand in the U.S. and consumer uncertainty in China.

    By May 7, 2025
  • Model Ashley Graham wears all black in front of a white backdrop.
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    Courtesy of JCPenney
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    JCPenney to launch plus-size collection with model Ashley Graham

    The line will be available both in stores and online starting this fall.

    By May 6, 2025
  • Two Skechers sneakers are pictured on a store display advertising a sale.
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    Brandon Bell via Getty Images
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    Skechers to go private in $9.4B deal

    3G Capital is paying $63 per share in cash, which analysts say represents a bet that the footwear sector will be profitable in the long term despite tariffs.

    By Updated May 5, 2025
  • A phone displaying the Temu logo is seen in front of a computer screen.
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    Ben Montgomery via Getty Images
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    Temu walks back price increases

    The fast fashion giant said it would transition to a “local fulfillment model” to circumvent the U.S.’ 145% tariff on imports from China.

    By May 5, 2025
  • A Vans store in a mall. A shopper is inside.
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    The image by DOAI MOGHA0 Hoo is licensed under CC BY-SA 4.0
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    VF lays off about 400 employees

    The Vans owner said the cuts are part of the company’s ongoing turnaround strategy.

    By May 2, 2025
  • The exterior of Gildan Activewear's headquarters
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    Courtesy of Gildan
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    Gildan Activewear says it has a competitive advantage against tariffs

    The company said its products contain a significant amount of cotton and yarn sourced from the U.S., and expects to see revenue growth in 2025.

    By May 1, 2025
  • A large, lit-up sportswear store at night.
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    Courtesy of Adidas
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    Adidas: If tariffs stay, ‘of course there will be price increases’

    CEO Bjørn Gulden stressed that they have not been implemented yet, though, and the retailer will follow the lead of others in the market.

    By Cara Salpini • May 1, 2025
  • A Billabong store as seen from the outside. Palm trees stand on the grounds.
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    Courtesy of Authentic Brands Group
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    Authentic partners with Caprice Australia on Quiksilver, Billabong

    Through the deal, subsidiary BR South Pacific will transition and manage operations for multiple sports and outdoor brands across Australia, New Zealand and the South Pacific.

    By May 1, 2025
  • A golden Prada storefront is lit up at night.
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    Vittorio Zunino Celotto via Getty Images
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    Miu Miu sales jump 60% in Prada Group’s first quarter

    The Prada brand posted sluggish retail results, but the company’s overall revenue rose 13% ahead of its planned Versace acquisition.

    By April 30, 2025
  • A person holds a credit card and sits with a laptop on her lap. The screen is open to show a shopping website.
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    FG Trade via Getty Images
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    Online retailers in the US spent an average of $400k on AI last year

    Despite aiming that investment at customer experience, 30% of executives told Storyblok that the tech only slightly improved the shopper’s experience.

    By Tatiana Walk-Morris • April 30, 2025
  • Shoppers look through a store closing sale at Macy's.
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    Cara Salpini/Fashion Dive
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    Consumer expectations plunge at fastest pace since 1990 recession

    “Some measures of expectations on both the business and consumer fronts look outright recessionary,” Goldman Sachs Chief Economist Jan Hatzius said.

    By Jim Tyson • April 29, 2025
  • A person holds a tablet and looks at clothing.
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    Courtesy of Trove
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    Resale platform Trove acquires Reverse.supply in move to expand in Europe

    Company executives are positioning the deal as a way for more brands to comply with producer responsibility legislation.

    By April 28, 2025