Financial

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Financial

Luxottica Profits Up 11% in Q2

The company registered an 11 percent gain in net profit and an all-time quarterly record in operating margin and free cash flow.

LVMH Net Contracts 4.3% in Q2

French luxury group reported second-quarter sales rose 1.3 percent.

UK Retail Sales Hit 10-Year High in Q2, But Stagnate in June

The sales bolstered expectations that the economy has sustained its swift pace of recovery.

HanesBrands Posts 27.1% Gain in Q2 Profits

Net sales rose 11.9 percent.

Prada Leads Fashion Shares

WWD Global Stock Tracker gains 0.3 percent.

WWD Global Stock Tracker Gains 0.3%

Major global indices end day on an up note.

baring private equity asia, cath kidston, TA associates, Kenny Wilson, zadig & voltaire, baring asia, dar chen

Baring Asia Buys Stake in Cath Kidston

British band calls investment “significant.”

Currency Hits Swatch Net in First Half

Watchmaker cites negative currency environment as sales gain 4 percent in period.

Carmelo Anthony Launches Investment Firm With Stuart Goldfarb

With a newly secured Knicks contract worth $122 million, the NBA star has other things on his mind — like tech investment.

OVS IPO Expected by End of Year

Parent company Gruppo Coin is slated to spin off the Italian mass-market retailer between August and September.

Threadflip Raises $13M in Series B

The latest round was led by Norwest Venture Partners, with participation from earlier investors in the Series A round.

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