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Latest in Financial

Puma Sales Rise Slightly in Q3, Guidance Confirmed

The German sportswear brand says it's still on track to achieve 2023 forecasts despite slowing sales…

Hermes Growth Slows in Q3 but Still Outpaces Luxury Rivals

Sales were up 16 percent, while the house continues to invest in China and will up production in watches…

Investment Bankers on the Future of Fashion Dealmaking

After a surprisingly strong run of acquisitions and IPOs, WWD asks the experts to weigh in on what comes next.

Steve Madden Buys Almost Famous in $52 Million Deal

CEO Edward Rosenfeld said the acquisition would "enhance our apparel platform."

European Commission Approves Farfetch Acquisition of YNAP, Wider Deal With Richemont

Europe's competition authority had widely been expected to wave through the deal after it was approved in the…

The Foggy Future of Farfetch

As the company awaits a key EU antitrust ruling on its YNAP deal with Richemont, the path ahead is beset with…

Canada Goose Hit by Downgrades Citing China and the Warm Winter Ahead

Wells Fargo and Cowen both downgraded the luxury parka-maker.

Ferragamo Revenues Dip in Nine-month Period, CEO Stands by Strategy

Marco Gobbetti sees progress and believes the full potential of the changes made in the company will be…

Brunello Cucinelli Raises 2023 Guidance Again, and Is Positive on 2024-25

Brunello Cucinelli is positive on the years ahead, after reporting a 27.5 percent increase in revenues to…

Swiss Watch Exports Register Steady Growth in September

India entered into the top 20 markets of Swiss watch exports that month.

Retail Sales Surprise in September, but Caution Lingers

Apparel showed signs of weakness last month and the underlying sales trend is slowing.

Adidas Raises Full-year Guidance, Citing Yeezy Sales and Improvements in Core Business

The German sportswear retailer has said there are no plans to produce more items in the Yeezy line once the…

BrandAlley Leads Funding Round Into Luxury Resale Platform, Sign of the Times

The flash sales site has invested in Sign of the Times alongside Tamara Hill-Norton, founder of Sweaty Betty…

Activists Come for VF: Engaged Capital Seeks Portfolio Review

If the investor gets its way, brands from Supreme to Timberland could be reviewed for potential sale.

How Rite Aid’s Bankruptcy Could Affect the Beauty Industry


The retailer revamped beauty sections with more indie brands, and store closures could potentially send sales…