Boohoo Group Plc raised £39.3 million ($49.8 million) in an attempt to help turn around the struggling business, while urging investors to reject billionaire Mike …
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Investors
LVMH Investors Jittery Over Anaemic China Demand
Investors in French luxury group LVMH, opens new tab are eager for signs that China’s new fiscal stimulus measures can finally pull wealthy and middle-class …
Birkenstock Disappoints Investors With Unchanged Outlook
Birkenstock Holding Plc disappointed investors by leaving its 2024 financial targets unchanged, even as consumers snapped up more of its high-end sandals and clogs. Shares …
Foot Locker Plummets as Investors Unimpressed by Progress
Foot Locker Inc.’s sales surpassed analysts’ expectations as turnaround efforts and a rekindled relationship with key partner Nike Inc. begin to pay off, but investors …
Nike Investors Want Answers on Human Rights Risks
For the better part of a year, dozens of Nike investors have been pressing the sportswear giant to address alleged failings in its supply chain …
Investors Pressure LVMH on Labour Rights After Dior Linked to Italian Sweatshops
Europe’s top asset manager Amundi and other LVMH investors want the $370 billion luxury behemoth controlled by billionaire Bernard Arnault to take more aggressive steps …
Worldview: Dubai Investors Back Kenyan Beauty Brand Uncover
🇰🇪 Kenyan skincare brand Uncover raises $1.4 million to expand to the US. The Nairobi-based company, launched in 2021 by Sneha Mehta and Jade Oyateru, …
Dolce & Gabbana CEO Ready to Open Capital to New Investors
Dolce & Gabbana is ready to consider opening up its capital to new investors either through a listing or other routes, the Italian fashion house’s …
Macy’s Ends Buyout Talks With Activist Investors
Macy’s board unanimously voted to terminate discussions with Arkhouse Management and Brigade Capital, two activist investor groups that had been looking to take the department …
Worldview: Investors Back Indian Cricketer’s Fashion Brand
🇮🇳 Aditya Birla Group’s Tmrw invests in Virat Kohli-backed brand Wrogn. The company will inject 125 crore rupees (around $15 million) into the streetwear-inspired youth-focused …
This Week: Golden Goose Tests Investors’ Trend Forecasting Chops
Investors are not the best at predicting fashion trends. Birkenstock’s initial public offering was panned, with the sandal maker’s preferred pricing of $46 a share …
Boohoo Investors Seek £100 Million in Damages After Minimum Wage Row
A group of investors in Boohoo are seeking more than £100 million ($127 million) in compensation from the online fashion specialist after reports in 2020 …
Investors Push Zara Owner Inditex to Publish Full Supply Chain
Investors want Zara owner Inditex to follow rivals H&M and Primark in making its full list of suppliers public so they can better assess any …
Activist Investors Raise Macy’s Buyout Bid to $6.6 Billion
Arkhouse Management, a real-estate-focused investing firm said on Sunday it and Brigade Capital Management have raised their offer for Macy’s after the department store chain …
Op-Ed | Tod’s Investors Should Push for Higher Price in L Catterton Buyout
Driving-shoe maker Tod’s SpA always looked like a private company, what with the Italian Della Valle family having a majority. Now it soon might be. The founding …
Amer Sports Discounts IPO as Investors Fret About Its Reliance on China
Amer Sports raised $1.37 billion in a discounted U.S. initial public offering (IPO) on Wednesday, after investors expressed concerns about its growing reliance on China …
How to Win Over Investors in a Beauty Downturn
There’s one thing Ariel Ohana, managing partner of investment firm Ohana & Co, definitely doesn’t need to hear a brand pitch: the size of the …
Farfetch Investors Form Group to Oppose Coupang Acquisition
Farfetch’s financial stress continues only a month after finding its white knight. A group of investors, called the 2027 Ad Hoc Group, formed this month …
Swatch’s Raucous Analyst Call Pits CEO Hayek Against Investors
Swatch Group is hitting back at investors who’ve called out the firm for its governance and management practices, accusing them of seeking privileged information from …
Birkenstock Slumps as Forecast Disappoints Some Investors
Birkenstock Holding Plc fell after its growth targets failed to satisfy traders who were hoping for more from the German sandal maker. The stock slid …