Financial

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Financial

Tax Charge Dents Giorgio Armani Profits

Boosted by gains in all markets, the firm continued to grow revenues and margins in 2013.

Stocks Drop Sharply in U.S. and Europe

Jittery markets send WWD Global Stock Tracker off 1.4 percent.

Shareholders File Suit Against Pandora

The Danish jewelry brand’s stock declined Thursday after investors sued over a 2011 profit warning.

Adidas Lowers Full-Year Guidance

The sporting goods firm said it now expects a mid- to high-single-digit rise in currency-neutral sales in 2014.

Metro Books Q3 Loss

The German group confirmed its full-year guidance.

Hugo Boss Accelerates Earnings and Sales

The company’s own retail channel continued to drive growth in the second quarter.

Carrefour Operating Profit Up 7.9% in H1

Improved profitability in Europe and Latin America made up for continued weakness in China.

Fashion Stocks Slip 0.1%

Yoox, Kering, Michael Kors lead sector down.

Harmont & Blaine Brand Gets Minority Partner

Italian private equity firm Clessidra SGR has inked an agreement to take a 35 percent stake in the Italian brand through a capital increase.

Yoox Profits Rise 15.9% in First Half

Lifted by growth in all key markets and business channels, the Italian e-tailer continued its upward trajectory.

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Kering Profits Slide 4.7% in First Half

The French conglomerate revealed it is acquiring the Swiss luxury watch brand Ulysse Nardin.

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