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Latest in Financial

Allbirds Enters the Next Phase of Transformation After Reporting a Solid Q2

Allbirds will now focus on bolstering three key areas: product, storytelling and shopping experience.

Volleyball Shoe Brand Avoli Closes $2.1M Seed Round, Inks Retail Deal With Scheels

Avoli cofounder Rick Anguilla said the brand has experienced "unprecedented demand" for its products since it…

Wolverine Worldwide Continues Turnaround in Q2 as It Reports Better-than-expected Results

The company reported that revenues decreased 27.8 percent in the second quarter to $425.2 million.

Ralph Lauren CEO Patrice Louvet Touts ‘Consistency’ as Profits Increase

The CEO told WWD, "We really want people to view Ralph Lauren as a company that you can count on."

Challenging Times Ahead for Puma, as Shares Sink After Q2 Announcement

The German sportswear brand says it's on track despite several lackluster quarters that have disappointed…

VF CEO Bracken Darrell Pushes Transformation

Change is everywhere as the company posted a 9 percent drop in first-quarter revenues.

Former Adidas Exec Eric Liedtke Joins Under Armour as EVP of Brand Strategy Following Unless Collective Acquisition

Liedtke spent 26 years at Adidas before starting Unless Collective in 2020.

After Over Two Years In Revenue Doldrums, Zalando Returns to Growth in Q2

The German e-commerce giant reported a rise in revenues as well as improved operating profit. Executives…

Fashion Gets Caught Up in the Stock Market Sell-off

Retail, apparel, luxury and beauty shares were declining almost across the board from Tokyo to New York.

Wrangler Leads Kontoor’s Q2 Gains as Western Goes Global

Wrangler and Lee parent company Kontoor Brands reported second quarter 2024 revenue decreased 1 percent to…

Safilo H1 Net Profit Improves Despite Falling Sales Worldwide

The Padua eyewear-maker expressed confidence in the perpetual David Beckham partnership and said the company…

Ferragamo Reports Contraction in H1 Revenue, Profitability

However, CEO Marco Gobbetti touted "encouraging signs" and "excellent resonance" of the fall 2024 collection…

Canada Goose’s DTC Growth Was Driven by Chinese Consumers

But despite the gains, the direct-to-consumer business saw comp sale declines in the first quarter.

Slowdown in Key Markets Hurt Aeffe H1 Sales, Margins

Both distribution channels also dented the performance of the Italian fashion group.

Hugo Boss to Trim Costs After Operating Profit Falls 42 Percent

Revenues fell 1 percent to just over 1 billion euros in the second quarter and the German company said it…