Zalando SE surged in Frankfurt trading after Europe’s largest online fashion retailer reported its first annual profit helped by lower sales and marketing costs.
Jet.com Inc. raised $140 million in a new funding round before rolling out its service, building up its cash hoard to take on rival Amazon.com Inc.
Skechers USA Inc on Wednesday reported fourth-quarter profit of $21.9 million.
If in fashion, being late on a trend can be lethal, playing catch-up in terms of business strategy can be just as damaging. Prada is learning that lesson the hard way.
Mexican billionaire Carlos Slim’s son, businessman Carlos Slim Domit, participated in a round of financing for Fancy, according to the U.S.-based online store’s blog.
The Spanish fashion brand has opened 900 stores, but has yet to try to conquer the U.S. market.
New Look Group Ltd., Britain’s second- biggest retailer of women’s clothing, said it’s equipped for an initial public offering amid renewed speculation that its private-equity holders are seeking an exit.
Shares of teen retailer Aeropostale jumped in aftermarket trading Monday after the company reported stronger-than-expected sales in the fourth quarter.
Shares of Urban Outfitters rose in after-market trading after the retailer company posted strong fourth-quarter sales.