Tapestry Forecasts Strong Annual Profit as Coach Remains Hot
Resilient demand for Coach bags among young and affluent shoppers helped buoy the group, but weakness at Kate Spade led the company to forecast muted annual revenue.
Arteixo, Spain
Retail
Op-Ed | Zara's Hot Polka Dot Dress Beats Big Data
With other retailers finally catching up to Inditex's super fast supply chain, the world's biggest fashion retailer will have to rely on its ability to spot trends and make blockbuster items to maintain its competitive edge.
Op-Ed | Zara's Hot Polka Dot Dress Beats Big Data
With other retailers finally catching up to Inditex's super fast supply chain, the world's biggest fashion retailer will have to rely on its ability to spot trends and make blockbuster items to maintain its competitive edge.
Financial Markets
Inditex's Earnings Growth Slows to Weakest in Five Years
Even a more generous dividend policy unveiled Wednesday failed to stem the decline, showing the Spanish giant is not immune to the retail malaise that has burdened rival H&M.
Inditex's Earnings Growth Slows to Weakest in Five Years
Even a more generous dividend policy unveiled Wednesday failed to stem the decline, showing the Spanish giant is not immune to the retail malaise that has burdened rival H&M.
News & Analysis
Inditex To Sell All Brands Online Globally by 2020
The retailer is setting the goal of make clothes available online anywhere in the world amid growing investor concern about stronger competition from upstart rivals.
Inditex To Sell All Brands Online Globally by 2020
The retailer is setting the goal of make clothes available online anywhere in the world amid growing investor concern about stronger competition from upstart rivals.
Financial Markets
Inditex Reports Slowdown in Sales, Weaker Profitability
The Zara owner reported its weakest profitability in a decade, showing that it isn’t immune to the troubles ailing Swedish rival H&M.
Inditex Reports Slowdown in Sales, Weaker Profitability
The Zara owner reported its weakest profitability in a decade, showing that it isn’t immune to the troubles ailing Swedish rival H&M.
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Retail
Inditex First-Half Earnings Beat Estimates on Online Expansion
Inditex reported first-half profit that beat analysts’ estimates as the company prioritised online expansion over store openings.
Inditex First-Half Earnings Beat Estimates on Online Expansion
Inditex reported first-half profit that beat analysts’ estimates as the company prioritised online expansion over store openings.
Financial Markets
Inditex Profit Beats Estimates, Outpacing Main Fashion Rival H&M
Operating profit increased 6 percent to €705 million ($790 million) in the three months through April, Inditex said.
Inditex Profit Beats Estimates, Outpacing Main Fashion Rival H&M
Operating profit increased 6 percent to €705 million ($790 million) in the three months through April, Inditex said.
News & Analysis
Inditex Full-Year Profit Rises at Slowest Pace in Five Years
ARTEIXO, Spain — Inditex SA, the Spanish owner of the Zara clothing chain, reported its slowest profit growth in five years, as global currency
Inditex Full-Year Profit Rises at Slowest Pace in Five Years
ARTEIXO, Spain — Inditex SA, the Spanish owner of the Zara clothing chain, reported its slowest profit growth in five years, as global currency
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The News in Brief
US Seeks Sentence for Founder of Fashion-Tech Company CaaStle
Prosecutors compared Christine Hunsicker to Elizabeth Holmes as they sought a 12.5 year prison sentence in the $300 million securities fraud case.
Shein Loses UK Copyright Lawsuit Against Temu Over Clothing Photos
The ultra-fast fashion platform lost the first round of a London legal battle against its rival for alleged copyright infringement in relation to photos of some of its products.
Birkenstock Nudges Forecast Higher on Solid Sandal Demand
The German brand bumped its sales forecast to the upper limit of its target range and posted strong quarterly earnings as consumers snapped up its sandals and clogs.
Richemont’s Panerai Brand Gets No Relief From Luxury Watch Revival
As the secondary market for timepieces rebounds, Cartier is grabbing buyer attention and there’s renewed enthusiasm around Vacheron Constantin, throwing the lack of interest in Panerai into stark contrast.
Allies of Skin’s Founder Nicolas Travis Has Resigned
The Singapore-based luxury skincare brand has also appointed Alicia Valencia as interim president.
Fabletics Seeks to Double Revenue to $2 Billion in Global Expansion
The US-based activewear brand plans to double annual revenue to $2 billion within five years, in part by opening dozens of new stores in markets such as India, Mexico and the United Arab Emirates.
On Sneaker Brand’s Shares Slump After Sales Disappoint
The Swiss brand's stock tumbled after it posted disappointing second-quarter sales and issued a slightly more cautious sales forecast for the year.