Tiffany & Co., the world’s second- largest luxury jewelry retailer, posted second-quarter profit that topped analysts’ estimates and raised its earnings forecast for the year as higher prices boosted revenue.
Philipp Erler aims to convince the world that fashion retailer Zalando SE — a Samwer creation headed for an initial public offering as soon as next month — isn’t dismissed as just another copycat.
SSI Group Inc., the Philippine retailer of Hermes shoes and Gucci handbags, said rising incomes will accelerate profit growth this year as it prepares for an initial public offering.
Edcon Holdings Ltd. is turning to international brands such as Topshop and Tom Tailor as South Africa’s biggest clothing retailer seeks to restore profit seven years after being acquired in a leveraged buyout.
Zalando SE, Europe’s largest online shoe and fashion retailer, may announce its initial public offering as early as this week, according to sources.
An increasing number of women are sporting yoga pants and dressy sweat pants rather than jeans or slacks. And for many guys, sneakers and hoodies have become workwear.
BoF compiles the most important professional moves of the week.
Revenue from US customers like Target helped lift Li & Fung’s first-half profit by 16 percent.
Penske Media Corp. has acquired Fairchild Fashion Media’s trade magazines, including WWD and Footwear News, from Condé Nast Publications for allegedly $100 million, say sources.
The troubled teen retailer has re-hired its former chief executive Julian Geiger to improve performance.
Skinny jeans have reigned supreme for years. But now a whole host of alternatives, from yoga pants to fancy sweatpants, have cropped up.