JD Sports’ January Sales Fall in ‘Challenging’ Market
British sportswear retailer JD Sports said trading conditions remained challenging after its like-for-like sales dropped in January, resulting in fourth-quarter growth of just 0.1 percent.
The sustainable sneaker company saw shares soar in its debut, but a strong opening act doesn’t guarantee success down the line, critics say.
This week, shares in the loss-making rental platform fell on their first day of trading. Can the platform convince enough women to try rental fast enough to please investors?
The rental platform may have redeemed its unicorn status on the public market, but critics are wary of its long-term growth potential.
This week, everyone will be talking about Rent the Runway’s IPO and Shopify’s growth plans.
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This week, Saks Fifth Avenue’s online arm appeared to be headed for a $6 billion IPO while an activist investor pushed Macy’s to follow suit and spin off its own e-commerce unit. But splitting up online and offline businesses, while tempting in the short-term, may be detrimental to long-term value creation.
This week, Saks Fifth Avenue’s online arm appeared to be headed for a $6 billion IPO while an activist investor pushed Macy’s to follow suit and spin off its own e-commerce unit. But splitting up online and offline businesses, while tempting in the short-term, may be detrimental to long-term value creation.
This week, everyone will be talking about Warby Parker going public via a direct listing, new designers at Paris Fashion Week and the premiere of BoF’s new television show.
This week, everyone will be talking about London’s emerging designers Supriya Lele, Nensi Dojaka and Harris Reed, as well as the Met Gala and On Running’s IPO.
With its upcoming IPO, the Roger Federer-backed Swiss sneaker upstart expects to raise as much as $622 million at a valuation above $6 billion on the back of its rapid growth and plans to push further into the lucrative lifestyle market.
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The online fashion platform is gearing up for an IPO with an $85 million funding round and ambitions to become the Spotify of fashion.
The size and price range of the offering have not yet been determined, the company said.
The deal could be priced by mid-September and is likely to raise around £1 billion through the sale of new and existing shares, according to sources familiar with the matter.
The secondhand fashion e-tailer could raise between $200 million and $300 million, people familiar with the matter said.
British sportswear retailer JD Sports said trading conditions remained challenging after its like-for-like sales dropped in January, resulting in fourth-quarter growth of just 0.1 percent.
Luxury watchmaker Favre Leuba plans to unveil more than two dozen timepieces later this year, priced as much as 24,000 Swiss francs ($26,489), as part of a brand relaunch that seeks to expand the Swiss pioneer’s appeal beyond its majority Indian consumer base.
L Catterton, backed by French luxury group LVMH Moet Hennessy Louis Vuitton SE, is launching a new vehicle to invest in Indian consumer-sector companies as it increases the focus on the fastest-growing major economy in the world.
The online market for secondhand apparel hit $20 billion in the US in 2023 and is expected to more than double over the next five years, according to a new report from ThredUp and Global Data.
The Swedish retailer recorded operating profit of 2.08 billion Swedish krona ($196 million), with operating margin more than doubling from the year before.
Major UK fast fashion retailers will change the way they promote the environmental credentials of their clothes after being accused of greenwashing by a UK watchdog.
The luxury parka retailer’s job cuts follow two quarters of single-digit sales growth after increases of more than 20 percent the previous two periods.
Premium skincare line Allies Of Skin announced a $20 million investment round on Mar. 26 with the funds earmarked for a wide US expansion. It’s the brand’s first institutional raise, having previously taken investment from family members and friends.