Latest in Financial
Rent the Runway Stock Falls 18 Percent as Company Maps Out Road Ahead
While cash burn improved last year, the company is spending again this year to boost inventory and build its…
‘Bleak’ Prospects: A Projected 10% EBIT Drop Hits the Global Retail and Apparel Industry
Moody's Investors Service cut its outlook on fashion, using stark terms to describe the impact of President…
LVMH Shares Slip 7.8% After Q1 Sales Miss
The 2 percent decline had a dampening effect on other European luxury players, who saw their shares ease on…
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How the Nordstroms Negotiated Their Way to a Retail Buyout
The retail family had to navigate antitrust concerns, a sale-leaseback proposal and more on their way to a…
Sidney Rutberg, Fairchild Publications’ Longtime Financial Editor, Dies at 101
The respected journalist and author penned numerous books on finance and the WWD column "Hey Dad."
LVMH Touts ‘Resilience’ as Q1 Sales Dip 2%
The French luxury group said reported sales declined 4 percent in its linchpin fashion and leather goods…
Mytheresa to Finalize Purchase of YNAP on April 23
Mytheresa has received the green light from all regulatory authorities, and has named a new management team…
Ambush Founders Buy Back Majority Stake From New Guards Group
Yoon Ahn and Verbal have taken back full control of the Tokyo-based brand.
Shein Given U.K. Approval for London IPO
How Shein navigates the Trump administration's de minimis termination and sky-high tariffs will have a major…
What Comes Next for Capri Now That Prada Is Buying Versace?
Jimmy Choo and Michael Kors could also be in line for a sale — eventually.
Female Founders, Including Rebecca Minkoff, Allison Luvera and More, Band Together Against Tariffs in Letter to Congress
A group of female founders, across categories including beauty, wellness, fashion and food and beverage, on…
Walmart Stands Strong Despite Tariffs, E-commerce Business Hits Profitability
CEO Doug McMillon told investors "nothing about the current environment impacts our confidence in our…
AI-powered Jewelry Design Platform Blng AI Raises $3 Million in Seed Funding
Investors in the round include Speedinvest, Cove Fund, eSeed and Focal.
Levi’s Q1 Brings Strength Into Trump’s Tariff Mayhem
The jeans brand topped expectations for the first quarter and is preparing to react to the tariff onslaught.
Retailers Rush to the Tariff War Room, but Wait to See What Comes Next
Brands and retailers are standing pat for now, watching to see how President Donald Trump's trade war plays…