Skip to main content
X

Latest in Financial

Saks Global Secures $500M in Financing, Expects to Exit Bankruptcy This Summer

The luxury retailer is progressing through its court-supervised restructuring and positioning to reemerge…

PVH’s Pop Culture Push With Travis Kelce and ‘Love Story’

The Tommy Hifliger and Calvin Klein parent is looking to put its brand at the center of it all.

How Saks Global’s Business Started to Wake Up in Bankruptcy

The retailer began to come back to life as DIP funding and court supervision gave vendors more confidence in…

PVH’s Step-by-step Approach Tops Q4 Earnings Expectations

CEO Stefan Larsson is looking back at four years of his PVH+ plan and sees a company that is more engaged and…

Saks Global’s Expensive Journey Through Bankruptcy

The retailer has found out the hard way how expensive it is to go broke.

Oxford Industries Slips Into Red as Saks Bankruptcy, Macro Issues Hit Bottom Line

The Atlanta-based owner of Tommy Bahama and Lilly Pulitzer is seeing some green shoots in the first quarter…

Giglio.com Navigates Headwinds With European Push as 2025 Sales Decline 14%

The e-tailer said it enjoyed sequential improvements in the second half of the year and into the first…

H&M Sales Slip in Q1 as Store Closures Weigh and CEO Touts Long-term Repositioning

The company's annual sustainability report shows emissions cuts, higher recycled material use and resale as…

Ba&sh Bets on ‘Less but Better’ Strategy, Lifts Full-year Revenue on Strong Q4

Performance improved as Ba&sh executes its founder-led "New Beginnings" strategy following a restructuring…

The Trickle Down From Gas Prices to Fashion Retail

The war in Iran and the attendant disruption in the oil market have sent shock waves through the global…

Ermenegildo Zegna Group Reports 20% Net Profit Growth in 2025, Stays the Course on Expansion Plans

Executive chairman Gildo Zegna mapped out initiatives and strategic investments in 2026, "with unchanged…

Who Was Saks Global Paying Before the Bankruptcy? 

The luxury retailer paid out $1.4 billion to creditors in the three months before succumbing to Chapter 11 in…

Lululemon CEO Search Continues as Former Levi’s Chief Chip Bergh Joins the Board

The company's Q4 profits topped expectations, but the outlook was tepid and everyone's looking to the empty…

Saks Global Unlocks Access to Another $300M in Bankruptcy Funding

Bondholders gave their thumbs up to the luxury retailer's five-year business plan.

Tilly’s Wakes Up Investors With 20.1% Comp Sales Gain in February

Shares of the specialty retailer jumped 50 percent on Thursday.