From collaborator to member of the family: the Street leader is joining the apparel giant, which owns Vans, The North Face, Timberland.

Richemont’s chairman said the China-focused, global partnership with Farfetch and Alibaba will help smaller luxury players “fight giants like Amazon,” and give fashion and accessories brands greater access to a market with explosive growth.

President-elect Joseph Biden is looking to move on from election season.

But the mall owner said the company will ultimately benefit from a leaner portfolio post-pandemic.

Specialty stores bounced back with particular vigor, adding 12,600 jobs.

Ashley now owns almost one-third of Mulberry, and if he wants to increase his stake further, he’ll have to make an offer for the company.

After witnessing double-digit declines in sales and profits in Q1, Richemont began to recover in Q2, with China now its single biggest market.

Kering’s Pinault family is also putting funds into the new luxury retail venture.

LONDON — In a landmark union of luxury digital titans, Farfetch, Alibaba Group and Richemont have unveiled a global strategic partnership to provide luxury brands with “enhanced access to the China market,” and to accelerate the digitization of the global luxury industry, the three companies said Thursday. Leveraging each company’s respective expertise and extensive reach, […]

Company shares plunged more than 20 percent during Thursday’s trading session.

The company is still well-positioned to capture China’s buoyant consumer recovery but sidesteps questions on Ant Group scrutiny.

Ceo Dani Reiss said the brand was accelerating into the cold months and gaining online and in China.

Shares of Capri Holdings Ltd. surged as a result.

Stocks overall continued to rise despite the drawn-out election, but the justification for those increases seem to have changed.

Many consumer-oriented companies saw their stock slip even as Blue Chip stocks gained with votes still being counted.