Golden Goose Initiates Bond Sale to Refinance Debt

The luxury Italian sneaker maker plans to sell €480 million ($543 million) of bonds to refinance debt, with the option to buy the notes back should it successfully revive plans for an initial public offering over the next year,

ThredUp Lifts Guidance on Q1 Beat

The resale platform raised its targets for sales and earnings for the year after reporting first-quarter results that topped estimates. Sales grew 10 percent in the first quarter.

KTB Increases Helly Hansen Outlook; Sees Brand Adding $50M to 2025 Cash Flow

Kontoor Brands, which agreed to acquire Helly Hansen in February, slightly lowered its sales outlook for the year as first-quarter sales missed Wall Street’s targets due to flat sales in its core denim business, comprising of Wrangler and Lee. The firm kept its EPS guidance although it expects a $50 million negative impact on operating income from recently enacted changes in tariffs not yet included in the updated guidance.