PVH Corp.’s third-quarter profits slipped, but topped expectations as Stefan Larsson continued on the next leg of his journey, resetting Calvin Klein and Tommy Hilfiger while transforming the company from a key fashion consolidator into…
Dick’s Sporting Goods, which posted third quarter results on Tuesday, is making changes at its operation. Dick’s said on Tuesday that it has named Matthew Barnes as president of Foot Locker International, effective Dec. 3.…
Walmart Inc.’s season of change might be rolling on — but the giant company’s finances are holding strong. The retailer is already preparing for its long-time chief executive officer Doug McMillon to pass the baton…
High Fashion vs. Fast FashionFor some time, France’s fashion industry and regulators have been agonising over whether to fight the rapid rise of Shein, Temu and other ultra-fast-fashion competitors — and how to do so…
COP30The United Nations will hold its 30th climate change conference — known as COP30 — in Belèm, Brazil, starting on Monday. The mood heading in is grim: Many of the companies and governments that pledged…
VF Corp. is progressing on its turnaround plan, besting Wall Street’s expectations in the second quarter. For the second quarter ended Sept. 27, VF posted net income of $189.8 million, or 48 cents a diluted…
PARIS — Kering’s new chief executive officer Luca de Meo pledged to double down on his turnaround plan after the ailing French luxury group reported a 10 percent drop in revenues in the third quarter.…
Fast-fashion retailer Hennes & Mauritz AB is lining up its first bond sale in two years, just weeks after its shares surged following better-than-expected quarterly earnings.The Swedish retailer plans to sell a €500 million ($583…
LVMH shares opened up 12 percent on Wednesday, a day after the luxury group reported better-than-expected sales in the third quarter with the help of improved demand in China, prompting a sector-wide rally.The world’s largest…
By Bloomberg Published October 14, 2025 The recent rally in the shares of luxury goods makers will be put to the test this earnings season, as valuations are already back at demanding levels.Burberry has seen…