Photo courtesy of Capezio Capezio has been acquired by Argand Partners, a New York-based private equity firm. Argand Partners owns Ballet Makers Inc., which owns …
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Uniqlo Owner Raises Profit Forecast Amid Expansion Abroad
Fast Retailing Co. reported better-than-expected fiscal first-half profit and raised its full-year forecast on the back of higher demand for its Uniqlo casual apparel. Operating …
True Classic Secures $850 Million Valuation From Son of Chanel Owner
Digitally native menswear start-up True Classic announced on Thursday it received a strategic investment from 1686 Partners, a private equity firm run by David Wertheimer, …
Michael Kors Owner Capri’s Finance Head Jumps Ship to Macy’s
Capri Holdings’ finance and operations head, Thomas Edwards, will leave the US luxury holding company to assume similar roles at department store chain Macy’s. At …
Calvin Klein Owner PVH Sees Sales Slump Ending in 2025
PVH Corp., the owner of the Calvin Klein and Tommy Hilfiger brands, is expecting sales growth to be flat or slightly positive this year, outpacing …
Kay Jewelers Owner Sees Sales Rebounding, Sparking Shares
Signet Jewelers Ltd. shares jumped after the Kay Jewelers owner said sales are recovering from a disappointing holiday season that led Wall Street to slash …
Milk Makeup Owner Waldencast’s Sales Rise 27.5%
Waldencast, the parent company of the prestige cosmetics brand Milk Makeup and clinical skincare line Obagi, reported 27.5 percent comparable net revenue growth in its …
Zara Owner Inditex’s Transport Emissions Balloon to Record Highs
The carbon footprint of transporting that Zara outfit you’re looking to buy has just gone up. The annual report of Inditex SA, the Spanish owner …
Versace Owner Capri Jumps on Prada Moving Closer to Purchase
Capri Holdings Ltd. shares jumped as the US company moves closer to a sale of its Italian luxury brand Versace to Prada SpA. The Italian …
Rabanne Owner Puig Expects Slower Sales Growth in 2025
Puig, the Spanish beauty company behind perfume brands Rabanne, Carolina Herrera and Jean Paul Gaultier expects its revenues to grow between 6 percent and 8 …
Il Makiage Owner Reports Double-Digit Revenue Growth
US-based direct-to-consumer beauty and wellness company Oddity, which owns skin and hair brand SpoiledChild and cosmetics label Il Makiage, reported record revenues of $647 million …
Uniqlo Owner Reports Strong Growth in All Markets But China
Uniqlo owner Fast Retailing Co. reported strong growth in revenue and operating profit for the three months through November, as robust demand across Japan, North …
Saks Owner Hudson’s Bay Is Selling Junk Bonds for Neiman Deal
Hudson’s Bay Co., the owner of luxury retailer Saks Fifth Avenue Inc., is tapping the junk-bond market to help finance its acquisition of Neiman Marcus …
Temu Owner PDD’s Sales Slow Sharply After China Market Sputters
PDD Holdings Inc.’s shares plunged after warning that its profitability will trend downward over time because of intensifying competition in its home market of China. …
Farfetch Owner Coupang’s Retail Sales Miss Estimates
Coupang Inc. slid in late trading on Tuesday after reporting retail net sales that fell short of Wall Street’s expectations. Net sales totaled $6.14 billion, …
Vitamin Shoppe Owner Files for Bankruptcy
Franchise Group Inc., the owner of brands including the Vitamin Shoppe, Buddy’s Home Furnishings and Pet Supplies Plus, filed for bankruptcy protection after months of …
Cetaphil Owner Galderma Sales Lift 9.2% on Strong Skincare and Injectable Demand
Swiss skincare firm Galderma said on Thursday it had logged sales of $3.26 billion during the first nine months of the year, up 9.2 percent …
Mulberry’s Owner Rejects Increased £111 Million Bid From Mike Ashley’s Frasers Group
The owner of the Mulberry fashion brand has rejected an increased £111 million ($144.9 million) bid from Mike Ashley’s Frasers Group to buy the British …
Uniqlo Owner Targets Higher Sales From Strong Western Market
Fast Retailing Co. is filling up closets in American and European homes with its Uniqlo brand of apparel, a feat that’s helped the Japanese retailer …
Mulberry Owner Ong Beng Seng Charged in Singapore Graft Scandal
Singapore charged property tycoon Ong Beng Seng on Friday in connection with an ex-government minister who was sentenced to jail for obtaining gifts from the …