Financial

Li & Fung Sees Profits Plunge Due to Challenges, Digitalization Effort

26 minutes ago   |   WWD   |   3 articles

HONG KONG - Li & Fung Limited reported profits of continuing operations in the year to Dec. 31 plunged 26.9 percent to $171 million from $234 million, with core operating...
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Li & Fung Sees Profits Plunge Due to Challenges, Digitalization Effort

1 hour ago   |   WWD   |   3 articles

HONG KONG - Li & Fung Limited reported profits of continuing operations in the year to Dec. 31 plunged 26.9 percent to $171 million from $234 million, with core operating...
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Lands' End Shows Progress in Turnaround

1 hour ago   |   WWD

Lands' End reported net income of $16.2 million for the fourth quarter ended Feb. 1, compared to $39.8 million in the year-ago period, which included a tax benefit of $21.8...
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Gillian de Bono Steps Down as Editor of FT's Luxury Glossy How to Spend It

4 hours ago   |   WWD

LONDON - Gillian de Bono is leaving her post as editor of How to Spend It, the Financial Times' luxury magazine supplement to pursue new projects in journalism and beyond, the...
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J.Crew swings to Q4 net loss of 74.4 million dollars

6 hours ago   |   Fashion United

J.Crew Group, Inc. said that gross margin for the fourth quarter decreased to 22.4 percent from 36.7 percent in the fourth quarter last year. Operating loss, the company said...
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SMCP Reports 2018 Net Income Leap

7 hours ago   |   WWD

PARIS - SMCP has reported net income of 50.2 million euros for 2018, compared with 6.3 million a year earlier, when its profits were hit with one-off costs related to its...
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Eurazeo Exits Moncler 1.4 Billion Euros Richer

10 hours ago   |   WWD

Copycats might be the scourge of fashion, but a little unwanted attention helped Remo Ruffini and Eurazeo, his now-former private equity partner in Moncler, rake in...
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Walmart Chief Technology Officer Jeremy King Is Out

16 hours ago   |   WWD

Jeremy King, chief technology officer at Walmart, is leaving the company. His last day will be March 29, according to an internal company memo distributed on Wednesday. King...
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Guess Earnings Fall Short of Expectations

16 hours ago   |   WWD

Guess Inc.'s new chief executive officer has spoken publicly for the first time, detailing his growth plans for the retailer following a fourth-quarter earnings miss that sent...
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BABE Launches for Networking-minded Women Execs

18 hours ago   |   WWD

Rosenthal & Rosenthal Inc., the Accessories Council, and the LHB Group have launched a networking group for women executives, business owners and entrepreneurs, called...
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Record store closures hit Li & Fung profits

Record store closures hit Li & Fung profits

Sourcing giant Li & Fung has reported a 20% decrease in core operating profit to $285m for the year to 31 December 2018. Read more ...

V&A to stage largest Tim Walker exhibition

V&A to stage largest Tim Walker exhibition

The V&A in London has announced it will display the largest-ever exhibition on fashion photographer Tim Walker featuring some of his seminal images from his 25-year career... Read more ...

Louis Vuitton's Summer 2019 Bag Collection Celebrates the "Spirit of Travel"

Louis Vuitton's Summer 2019 Bag Collection Celebrates the "Spirit of Travel"

Earlier this week, Louis Vuitton introduced several new addition to its expanding watch collection. Now, the legendary French label is back with another line of accessories for... Read more ...

Celebrate Cherry Blossom Season at Hotels Around the World

Celebrate Cherry Blossom Season at Hotels Around the World

Spring has officially sprung, and with that comes cherry blossom celebrations around the world. We've rounded up the best hotels around the world to see the cherry blossoms now... Read more ...

Jennifer Lopez and Alex Rodriguez Team Up for Steamy New Sunglasses Campaign...

Jennifer Lopez and Alex Rodriguez Team Up for Steamy New Sunglasses Campaign - See Sexy Pics!

Is there anything these two don't do together? Since getting engaged, Jennifer Lopez and Alex Rodriguez have been spotted on date nights together, heading to the gym together... Read more ...

‘Game of Thrones' creators might reinvent ‘Star Wars' this year

‘Game of Thrones' creators might reinvent ‘Star Wars' this year

Two of the biggest pop culture juggernauts - “Game of Thrones” and “Star Wars” - are joining forces. Well, sort of. After “Game of Thrones” ends with its six-episode eighth... Read more ...

Jessica Simpson's Friends and Family Gush Over the Arrival of Baby No. 3

Jessica Simpson's Friends and Family Gush Over the Arrival of Baby No. 3

Congratulations are in order! On Tuesday, March 19, Jessica Simpson gave birth to her third child, Life & Style can confirm. The “Irresistible” singer, 38, and her hubby, Eric... Read more ...

‘Teen Mom 2' Star Kailyn Lowry Reveals Why She Wants a Breast Reduction - ‘I...

‘Teen Mom 2' Star Kailyn Lowry Reveals Why She Wants a Breast Reduction - ‘I Literally Can't Deal'

It's her body and she can do what she wants to! On Monday, March 18, Kailyn Lowry took to Twitter to reveal to fans that she's considering undergoing breast reduction surgery... Read more ...

Los Angeles Based Stylists Seeking Fashion Interns For Spring '19

Los Angeles Based Stylists Seeking Fashion Interns For Spring '19

Styling team Jill Lincoln and Jordan Johnson are seeking interns for Spring 2019. We are looking for candidates who are self-motivated, able to multi-task in a fast paced... Read more ...

Sterling Ruby Announces Ready-To-Wear Brand, S.R. STUDIO. LA. CA

Sterling Ruby Announces Ready-To-Wear Brand, S.R. STUDIO. LA. CA

Sterling Ruby is gearing up to launch his first-ever clothing brand called S.R. STUDIO. LA. CA. It's not the American artist's first stint with fashion, but his foray into... Read more ...