Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
earnings-report
Luxury
The Plan to Turn Versace and Michael Kors Into 'America's LVMH' Begins Now
This week, everyone will be talking about Capri Holdings' plans for Michael Kors and Versace, Serena Williams and Roger Federer at the French Open and the start of swimwear season. Read our BoF Professional Cheat Sheet.
The Plan to Turn Versace and Michael Kors Into 'America's LVMH' Begins Now
This week, everyone will be talking about Capri Holdings' plans for Michael Kors and Versace, Serena Williams and Roger Federer at the French Open and the start of swimwear season. Read our BoF Professional Cheat Sheet.
Financial Markets
Why Nordstrom Stopped Reporting Same-Store Sales
The department store chain abandoned the metric, considered a gold standard for gauging a retailer’s health, after a brutal quarter. But Nordstrom may also be looking ahead to a more-digital future.
Why Nordstrom Stopped Reporting Same-Store Sales
The department store chain abandoned the metric, considered a gold standard for gauging a retailer’s health, after a brutal quarter. But Nordstrom may also be looking ahead to a more-digital future.
Financial Markets
Time for Fashion to Pay Attention to Trump's Trade War
This week, everyone will be talking about escalating tariffs on Chinese-made apparel and footwear, Carine Roitfeld's charity gala at Cannes and department store earnings. Read our BoF Professional Cheat Sheet.
Time for Fashion to Pay Attention to Trump's Trade War
This week, everyone will be talking about escalating tariffs on Chinese-made apparel and footwear, Carine Roitfeld's charity gala at Cannes and department store earnings. Read our BoF Professional Cheat Sheet.
Luxury
Richemont Profit Misses Estimates on Online Investment Costs
The luxury group's operating margin slipped to 13.9 percent, the lowest in more than a decade.
Richemont Profit Misses Estimates on Online Investment Costs
The luxury group's operating margin slipped to 13.9 percent, the lowest in more than a decade.
Retail
Dark Clouds Gather Over U.S. Retailers Ahead of Earnings Season
Wall Street will learn between now and Memorial Day whether the mixed Christmas period was just a blip, or if darker days may be ahead for consumer spending.
Dark Clouds Gather Over U.S. Retailers Ahead of Earnings Season
Wall Street will learn between now and Memorial Day whether the mixed Christmas period was just a blip, or if darker days may be ahead for consumer spending.
Financial Markets
Tod's Q1 Revenues Fall but Its Own Retail Channel Rebounds
The shoes and leather goods company, known for its Gommino loafers, has repeatedly fallen short of market expectations in recent years and has struggled to rejuvenate its brands.
Tod's Q1 Revenues Fall but Its Own Retail Channel Rebounds
The shoes and leather goods company, known for its Gommino loafers, has repeatedly fallen short of market expectations in recent years and has struggled to rejuvenate its brands.
Luxury
The Week Ahead: Will Kering Change Its Tune on Acquisitions?
This week, everyone will be talking about Gucci parent Kering's next move, fashion at Coachella and Allbirds entering China. Read our BoF Professional Cheat Sheet.
The Week Ahead: Will Kering Change Its Tune on Acquisitions?
This week, everyone will be talking about Gucci parent Kering's next move, fashion at Coachella and Allbirds entering China. Read our BoF Professional Cheat Sheet.
Financial Markets
PVH Quarterly Sales Beat Estimates on Tommy Hilfiger Boost
Shares of the company were up 7 percent after the bell.
PVH Quarterly Sales Beat Estimates on Tommy Hilfiger Boost
Shares of the company were up 7 percent after the bell.
Luxury
Prada 2018 Sales Rise Despite Second-Half Slowdown
Annual revenues at the Italian luxury group rose for the first time in four years, showing its turnaround plan is starting to bear fruit.
Prada 2018 Sales Rise Despite Second-Half Slowdown
Annual revenues at the Italian luxury group rose for the first time in four years, showing its turnaround plan is starting to bear fruit.
Luxury
Moncler Promises More Growth After Jump in 2018 Sales
The luxury outerwear brand reported a 19 percent increase in sales last year.
Moncler Promises More Growth After Jump in 2018 Sales
The luxury outerwear brand reported a 19 percent increase in sales last year.
Financial Markets
Remembering Lagerfeld and Lanvin's Next Chapter at Paris Fashion Week
This week, everyone will be talking about Paris Fashion Week, the Oscars and the future of red carpet dressing and a wave of earnings reports from troubled retailers. Read our BoF Professional Cheat Sheet.
Remembering Lagerfeld and Lanvin's Next Chapter at Paris Fashion Week
This week, everyone will be talking about Paris Fashion Week, the Oscars and the future of red carpet dressing and a wave of earnings reports from troubled retailers. Read our BoF Professional Cheat Sheet.
Financial Markets
Ralph Lauren Beats Quarterly Revenue Estimates
The company's results beat average analyst estimates due to its greater emphasis on marketing.
Ralph Lauren Beats Quarterly Revenue Estimates
The company's results beat average analyst estimates due to its greater emphasis on marketing.
The News in Brief
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.
AII Launches Industry-First Tool Standardising Measurement of Carbon Emissions
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.
Marco De Vincenzo Exits Etro
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.