Souq.com has raised $275 million from a funding round with investors to support its future growth, in the largest-ever fundraising in the Middle East's e-commerce space.
Souq.com has raised $275 million from a funding round with investors to support its future growth, in the largest-ever fundraising in the Middle East's e-commerce space.
Indian e-commerce company Flipkart Pvt. had its valuation slashed by a Morgan Stanley fund amid concerns of a shakeout among venture-backed companies.
Indian e-commerce company Flipkart Pvt. had its valuation slashed by a Morgan Stanley fund amid concerns of a shakeout among venture-backed companies.
Hiromi Sogo has spent three decades telling Japanese women what to wear as the editor of a string of successful fashion titles. Her new task is to try to interest them in a drier topic: fiscal policy.
Hiromi Sogo has spent three decades telling Japanese women what to wear as the editor of a string of successful fashion titles. Her new task is to try to interest them in a drier topic: fiscal policy.
Alibaba Group Holding Ltd is in talks with several banks to borrow up to $4 billion to fund expansion plans, including acquisitions, according to people familiar with the matter.
Alibaba Group Holding Ltd is in talks with several banks to borrow up to $4 billion to fund expansion plans, including acquisitions, according to people familiar with the matter.
J.C. Penney Co Inc reported a better-than-expected quarterly revenue, helped by strong sales at it its Home, Sephora, Footwear and Handbags divisions.
J.C. Penney Co Inc reported a better-than-expected quarterly revenue, helped by strong sales at it its Home, Sephora, Footwear and Handbags divisions.
Gap Inc. forecast profit this year that trailed some analysts’ estimates as the company tries to revive sales.
Gap Inc. forecast profit this year that trailed some analysts’ estimates as the company tries to revive sales.
L Brands Inc. on Wednesday reported fiscal fourth-quarter net income of $636 million. The results surpassed Wall Street expectations.
L Brands Inc. on Wednesday reported fiscal fourth-quarter net income of $636 million. The results surpassed Wall Street expectations.
Target Corp. posted holiday sales growth that topped analysts’ estimates, boosted by a surge in online orders, though the retailer’s heavy reliance on discounts took a toll on profit during the season.
Target Corp. posted holiday sales growth that topped analysts’ estimates, boosted by a surge in online orders, though the retailer’s heavy reliance on discounts took a toll on profit during the season.
Hugo Boss AG’s shares plunged after saying its profit will decline by at least 10 percent this year due to weaker-than-expected sales in the US and China.
Hugo Boss AG’s shares plunged after saying its profit will decline by at least 10 percent this year due to weaker-than-expected sales in the US and China.
Macy’s Inc. posted fourth-quarter results that topped analysts’ estimates after sales declined less than projected.
Macy’s Inc. posted fourth-quarter results that topped analysts’ estimates after sales declined less than projected.
Fitbit Inc. forecast revenue in the current quarter that fell short of analysts’ estimates, saying the global introduction of their newest watches may push sales later into the year.
Fitbit Inc. forecast revenue in the current quarter that fell short of analysts’ estimates, saying the global introduction of their newest watches may push sales later into the year.
VF Corp. slid in early trading after fourth-quarter profit and sales trailed analysts’ estimates, hurt by the sluggish consumer demand that’s taken a toll on retailers and apparel companies.
VF Corp. slid in early trading after fourth-quarter profit and sales trailed analysts’ estimates, hurt by the sluggish consumer demand that’s taken a toll on retailers and apparel companies.
Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
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.
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.
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
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.
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.