Search

This article from Variety provides a brief update on recent executive appointments in the entertainment industry. Danyel Mendoza has been appointed as the VP of programming strategy and content planning for Disney Branded Networks. Rachel Bendavid and Angie Stephenson have been named exec VPs of scripted programming for BBC Studios Prods. Ashley Nendick has been promoted to chief financial officer for Skydance Sports. Christina Diamantés has been named a partner at Thruline Entertainment. The article includes photos of the individuals mentioned. [Extracted from the article]

Kohl's Corp. has appointed Wendy C. Arlin, former CFO of Bath & Body Works, to its board of directors as part of an ongoing refreshment process. Arlin brings over three decades of experience in corporate finance and accounting, with expertise in the consumer industry. Her appointment expands the board to 13 directors, 12 of whom are independent. Arlin's term will expire at Kohl's 2024 annual shareholders meeting, where she will stand for election. She will also serve on the board's audit committee. [Extracted from the article]

BUSINESS * The retailer with adifferentiated businessmodel, impacted by COVID-19and some execution issues,recently closed two of itsfour stores and has filed forbankruptcy protection. To create the kind of retail experiencehe felt was lacking, in March 2019,Nathanel - with real estate developer AmirZwickel and Katie Hunt, a marketer andcofounder of The Fund venture capitalfirm - launched Showfields. [Extracted from the article]

Pandemic flooded in and quickly swept away the vulnerable retailers - from J.C. Penney and J. Crew to Brooks Brothers and Neiman Marcus - the sector has been standing up better to the pressures in the economy today. Either you have floating rate debt, debt which is going up, or you have fixed rate debt, mostly bonds. I've seen one-and-a-half lien debt, second lien, third lien debt. [Extracted from the article]

This article discusses the financial status of the American talent agency William Morris Endeavor, made public as a result of its initial public offering (IPO). The author comments on the business strategy employed by CEO Ari Emanuel, which has resulted in steady losses and negative cash flow. Financial analysts highlight the company's high debt-to-earnings ratio as a warning to potential investors.

The article examines challenges faced by digital media companies. Such companies are experiencing difficulties in maintaining financial stability and are always at risk of becoming irrelevant. Despite having several revenue streams, Vox Media had to lay off video employees and close down shopping vertical Racked. Tierney Wilson, managing director at digital advertising agency January Digital, emphasizes the influence of advertisers on digital media.

Variety Intelligence Platform is an example of Variety's growing investment in deep-dive proprietary data and forensic financial analysis of media and entertainment. With content companies large and small facing a unique set of challenges, Variety and its subscription market-research offshoot, Variety Intelligence Platform, joined forces for this special-edition Survival Guide to dig into how entertainment's big gest players will navigate the treacherous road ahead. Experts may be debating how long the bear market will last or when a full-fledged recession could hit, but this much is clear: The good times are over. [Extracted from the article]

The article presents information on the financial performance of Reebok International Ltd. Under the helm of chief executive officer (CEO) Uli Becker. Becker said that Reebok is back and that he is eager to prove it. Becker is focusing on reinvention strategy that aims at innovative product and new branding. Reebok recently reported an increase of 4 percent sales in the North America during the fourth quarter of 2010.

The article features the shutdown of the operation of U.S. digital lifestyle media company Mode Media in September 2016. Mode Media dismissed approximately 300 employees without warning, closed down its sites and has not paid many of its freelance workers. According to John Colley of Warwick Business School in England, the company found it easier to raise funds from investors than to create value for its shareholders.

Following VF's 2011 acquisition ofthe Timberland brand, Puckett wasnamed CFO of Timberland and helpedintegrate that brand into VF. BUSINESS * He will succeed Scott Roe asexecutive vice president andchief financial officer VF Corp. has named Matt Puckettexecutive vice president and chieffinancial officer. [Extracted from the article]

The article discusses the impact of the bankruptcy of Sears Holdings Corp. on the retail sector. Topics include how the Sears bankruptcy will accelerate transformation in retail and would change Sears itself, how a bankruptcy would play out for Sears chief executive officer Edward S. Lampert and the decline in the company's stocks. The lack of profitability at Sears in 2010 is cited.

The article deals with the plan of Ultimate Fighting Championship owner Endeavor Group Holdings to file for another initial public offering following its failed attempt in fall 2019. Topics discussed include the pressure being faced by Endeavor from majority owner Silver Lake Partners to recoup its more than two billion dollars investment, Endeavor's expansion plans, and the challenges being faced by Endeavor.

The article focuses on the announcement by Jones Apparel Group in March 2006 that it is exploring a possible sale. According to sources in the financial and vendor community said a sale could be finalized within six weeks, and Jones would not accept an offer of less than $40 a share. Jones Apparel Group has hired Goldman, Sachs & Co. as its financial adviser.

The article reports that Safilo Group SpA, an eyewear company, posted flat sales in the third quarter of 2019. Topics covered are factors affecting the company's sales, increased in revenues for the three-month period ending in September 2019 due business growth in Asia and Europe, Chief Executive Officer (CEO) Angelo Trocchia's comments on the company's financial performance and positive sales growth performance in all regions.

The article reports that retailer, Salvatore Ferragamo Group's retail sales in Asia declined in the third quarter of 2019 due to the political unrest in Hong Kong. Topics discussed include Chief Executive Officer Micaela Le Divelec Lemmi's comments on the inconsistent performance of the company around the worlds, net profit of the company in the nine months ended September 30, 2019, growth of the wholesale channel and the Asia Pacific area as the company's top market.

Reports on the decision of Saks Inc. to sell its stocks. Companies that will possibly bid for the stocks of Saks; Value of the company's stocks; Financial performance of the company.

Reports on the sale of Tommy Hilfiger Corp. in 2005. Value of the asking price of the sale; Estimated earnings of the company for the fiscal year ending in March 2007; Potential buyers.

Focuses on the pros and cons of initial public offerings (IPO) to fashion retailers in the U.S. Rules imposed by the government on companies planning to launch an IPO; Impact of IPO deals on public and private companies; Advantages of becoming a public company.

Focuses on the response of Serge Weinberg, CEO of Pinault-Printemps-Redoute (PPR), to doubts regarding the ability of the company to succeed in the luxury business. Belief by Weinberg that PPR will succeed in the luxury business; Information about the company's subsidies; Outlook of Weinberg for the luxury business. INSET: Gucci Goes Out Quietly.

Reports that Target Corp. has hired Goldman Sachs to review strategic alternatives for Marshall Field's and Mervyn's, its department store divisions. Role in improving the performance of its stocks; Analysis of Target's decision to sell Mervyn and Marshall Field; Consolidation trend in U.S. department stores.

The article focuses on the strategy of Spanish retailer Inditex that aims to integrate its flagships stores and digital platforms. It reports the financial performance of Inditex in the fiscal year ended January 31, 2018 and its implementation of radio frequency identification technology to fine tune the group's inventory system. It highlights initiatives at its flagship brand Zara that include the launch of augmented reality app and automated click-and-collect pick-up points in stores.

The article reports on the total sales gained by electronic commerce company Amazon in 2017. According to research from One Click Retail, Amazon obtained 44 percent of all U.S. electronic commerce sales and four percent of total U.S. retail sales. However, Simeon Siegel, an analyst with Insinet, expects risks to the growth of Amazon, including competition with smaller online retailers.

The article reports on the operational state and financial performance of the Italian luxury fashion brand Brunello Cucinelli as of August 2019. Topics discussed include the increasing confidence of consumers in this fashion brand according to chief executive Brunello Cucinelli, increase in revenues and sales in the first half of 2019, and growth in the wholesale multibrand channel and investments in communication.

The article reports on the operational state and financial performance of U.S.-based luxury jewelry retailer Tiffany & Co. as of August 2019. Topics discussed include the declining sales performance in Hong Kong, China due to store closures caused by the massive protests, reaction of Tiffany chief Alessandro Bogliolo to the company's Hong Kong sales, and the intention of Japan to increase its sales consumption tax rate which is an added concern for Tiffany.

The article presents an outlook on merger and consolidation deals in the Italian fashion industry in the second half of 2019. Topics covered include the main findings of the Deloitte Global Fashion & Luxury Private Equity and Investors Survey 2019, several Italian brands that need additional financial resources to be able to compete with industry leaders, and the expansion plans of the Kering group.

The article reports on the success of startup company Topology Eyewear in raising funds for its business operations in 2019.

The article discusses the operational state of luxury retailer Barneys New York amidst issues of the company's reorganization and alleged financial distress as of August 2019. Topics covered include arrangement of the firm's shipment and consignment with vendors, the possibility of bankruptcy, and the impact of online retailing on its operation.

The article reports on the financial status of Condé Nast Britain, which manages British "Vogue," "GQ," 'Tatler," and other brands, as of July 2019, citing that the company swung back to profit in fiscal 2018, despite a 7.8 decline in turnover.

The article reports on the 16 percent increase in profits and revenue posted by Italian apparel and lifestyle company Moncler SpA in the first half of 2019. It mentions the company's advertising campaign, possible investments and independent business model. Data is provided showing the company's financial performance in Italy, Europe, Middle East and Africa region, Asia and the Americas, revenues from retail and wholesale distribution channels, and marketing expenses during the period.

The article reports on the financial performance of Compagnie Financière Richemont, a luxury goods holding company based in Switzerland, as of July 19, 2019. Topics discussed include decline in the analysts' estimated revenue which was attributed to tight inventory management and the extradition protests in Hong Kong, China, stock market performance, and the impact of its newly acquired online retailers, Yoox Net-a-porter Group and Watchfinder & Co.

The article reports that several options are being considered by luxury department store chain, Barneys New York to strengthen its financial status, including finding an investor, obtaining debt or declaring bankruptcy.

The article reports on the second round of investment secured by electronic commerce and content platform, Ntwrk launched by Agenda and ComplexCon founder Aaron Levant, from Live Nation Entertainment and rap musician Drake, which will help launch Ntwrk Presents, its events franchise.

The article discusses Series A funding secured by Zyper, a platform which finds fans to help companies and brands sell products.

The article focuses on reports that contemporary fashion brand Milly is facing financial difficulties and is negotiating with potential investors, as of April 5, 2019.

The article reports on a Series A funding round to be closed by Peaches, an urban fashion label inspired by car culture, in March 2019 that is expected to raise around 1.5 million to 3 million U.S. dollars, which will be used to open a store on Fairfax Avenue in Los Angeles, California.

The article reports on the 100 million dollars raised by cosmetics firm Glossier in a Series D funding round, its appointment of Vanessa Whitman as chief financial officer and its hiring of Edith Chen as vice president of supply chain operations and of Nick DeAngelo as vice president of operations.

The article reports on the 7.2 million dollar net loss experienced by The Ascena Retail Group in the second quarter ended February 5, 2019.

The article reports on the success of lifestyle clothing label Madhappy to secure 1.5 million dollars in a seed-funding round.

The article reports on the increase in the total sales of Italian fashion group Aeffe SpA during the period that ended December 31, 2018, with the Asian market particularly China boosting the group's revenue.

The article reports that Paul Marciano, co-founder of Guess Inc., will remain as chief creative officer despite the sexual harassment allegations made against him by model/ actress Kate Upton and others. It is noted that the company previously agreed to pay 500,000 U.S. dollars in settlement. Topics discussed include other personalities facing harassment allegations; decline in the total shares of Guess; and the potential implication of the harassment issue on the reputation of Guess.

The article reports on the Series C funding round of $50 million secured by Allbirds Inc., the direct-to-consumer wool sneaker company, bringing its total backing to more than $75 million set to be used on plans to ramp up international expansion efforts and invest in sustainability research.

The article reports on the 22-million dollar funding raised by personal styling and e-commerce platform for men's wear, Thread, in a series B round of funding, as well as the 50 new partnerships it established with brands such as Barbour, Hugo Boss, and Levi's.

The article reports on the plan of online styling service, Stitch Fix to launch women's and men's looks in Great Britain, and mentions the decline in the company's fourth-quarter revenue growth compared with the third quarter performance.

The article reports on the fund-raising round for Samantha Cameron's contemporary clothing brand Cefinn.

The article provides an update on the earnings of retailers in the U.S. for the second quarter in 2018.

The article reports on future programming for Facebook Watch. It mentions the acquisition of content including licensed programs as well as original content, the question of audiences and how long they watch, and the funding of such programming.

The article offers tips to retailers and fashion brands on how to improve their sales and profits. Topics discussed include the popularity of mixed reality which allows forward-thinking retail teams to create, test and collaborate on concepts, department stores' training of store associates to recognize regular customers and remember details about them and human touch as the primary differentiation of physical retail stores from digital commerce.

The article highlights the financial performance of watches and jewelry manufacturer Swatch Group in 2017 through the first quarter of 2018 as reported by its Chief Executive Officer (CEO) Nick Hayek in a news conference. It offers update on the company's 2017 operating profit growth, its launch of the Tissot connected watch, market share performance despite declines in Swiss exports, and struggle of several of the group's brands to meet demand for watch components from third-party customers.

The article reports on the shares of sporting goods maker Adidas AG which rose on Germany's blue-chip DAX index as of March 2018 boosted by positive financial outlook. Data provided shows Adidas' financial performance including operating profit, revenues and operating margin. It discusses factors to improvement of the brand's profile such as the casual dressing segment and athl-leisure trend, the sales potential in Greater China, and its goal to grow its market share and profitability.