Financial

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Financial

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Li keqiang, china, premier, davos

China's Premiere Lays Out Economic Reform Plan

Li Keqiang reassured nervous world leaders the biggest emerging economy “is not heading” for a hard landing.

European Central Bank Sets 60 Billion Euro Monthly Bond Buying Program

ECB president Mario Draghi said the aim was to raise inflation rates in the region to around 2 percent.

Mexico's Luxury Market Extends Boom

Mexico's luxury market will grow as much as 9 percent to $15.3 billion in 2015 as consumers continue to favor upmarket brands and aspirational goods.

Europe's Markets Uneven

Indices were choppy ahead of an expected announcement by the European Central Bank of a 1 trillion euro stimulus plan.

Coach Pledges to Give $500K to FMI

The company has pledged $500,000 to the Fashion Manufacturing Initiative.

Pinterest Buys Machine Learning Firm Kosei

Social network looking to help brands reach users at the right moment.

Cone Enters R&D Deal With Dyneema

The collaboration could lead to stronger denim.

Unifi Income Rises 47% in Q2

In the six months, net income rose eight percent to $16.5 million from $15.3 million.

online, vertical retailing, The Black Tux, Greats,

Backers Fund Apparel, Footwear Online Brands

Investors are betting on The Black Tux and The Greats, digital brands with a laser focus.

Ringly, wearable, jewelry, andreesen Horowitz, Highline Ventures Partners, Silas Capital and PCH. Early investors First Round Capital, Social+Capital, Mesa+ and Brooklyn Bridge Ventures

Wearable Jewelry Ringly Raises $5.1 Million

The startup closed a $5.1 million Series A round, led by Andreesen Horowitz with participation from Highline Ventures Partners, Silas Capital and PCH.

Europe's Markets Slip

Investors on Wednesday morning braced for the ECB’s expected unveiling of a quantitative easing program Thursday.

Esprit Issues H1 Profit Warning

The company said unusually warm weather in Europe and some special return agreements in China dented sales.



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