Perfume Maker Givaudan’s Sales Beat Estimates, Tariff Paybacks Weigh on Shares
Givaudan’s second-quarter organic sales came in ahead of market estimates on Thursday, but its shares fell 5 percent on litigation costs and tariff repayments.
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Retail
Kohl’s Promises Wary Investors Margin Boost
The retailer plans to increase activewear sales to be at least 30 percent of its business, up from about 20 percent in 2019.
Kohl’s Promises Wary Investors Margin Boost
The retailer plans to increase activewear sales to be at least 30 percent of its business, up from about 20 percent in 2019.
Retail
Kohl's CEO Says the Pandemic Is Transforming Its Stores
The department store chain is making greater use of protective gear and curbside pickups as it prepares for a business cycle that’s significantly different from previous years.
Kohl's CEO Says the Pandemic Is Transforming Its Stores
The department store chain is making greater use of protective gear and curbside pickups as it prepares for a business cycle that’s significantly different from previous years.
Retail
Kohl's Beats Profit Estimates as Amazon Partnership Pays Off
The department store chain partnered with the e-commerce giant to attract younger shoppers.
Kohl's Beats Profit Estimates as Amazon Partnership Pays Off
The department store chain partnered with the e-commerce giant to attract younger shoppers.
Retail
Hit by Tariffs and Discounting, Kohl's Cuts Profit Margin Forecast
With the cost of more aggressive promotions and a potential hit from new tariffs on Chinese imports, the department store chain has forecast a steeper decline in full-year profit margin despite better-than-expected quarterly earnings.
Hit by Tariffs and Discounting, Kohl's Cuts Profit Margin Forecast
With the cost of more aggressive promotions and a potential hit from new tariffs on Chinese imports, the department store chain has forecast a steeper decline in full-year profit margin despite better-than-expected quarterly earnings.
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Retail
Kohl’s Shares Drop After Big Quarterly Miss
The surprising results signal that the retailer needs to do more than rely on its Amazon partnership to drive sales.
Kohl’s Shares Drop After Big Quarterly Miss
The surprising results signal that the retailer needs to do more than rely on its Amazon partnership to drive sales.
Retail
Kohl's Shares Surge on Expansion of Amazon Return Partnership
The department chain store said it will begin accepting returns for Amazon customers at all of its stores, starting in July.
Kohl's Shares Surge on Expansion of Amazon Return Partnership
The department chain store said it will begin accepting returns for Amazon customers at all of its stores, starting in July.
Retail
Kohl's Tops Same-Store Sales Estimates, Raises Forecast
The American department retailer has benefitted from a makeover of its stores, as well as partnerships with Amazon and Under Armour.
Kohl's Tops Same-Store Sales Estimates, Raises Forecast
The American department retailer has benefitted from a makeover of its stores, as well as partnerships with Amazon and Under Armour.
Retail
Department Store Operator Kohl's Eliminates 3 Senior Positions
Department store chain operator Kohl's Corp said it was eliminating three senior positions, including chief digital officer, to create a more "nimble organization".
Department Store Operator Kohl's Eliminates 3 Senior Positions
Department store chain operator Kohl's Corp said it was eliminating three senior positions, including chief digital officer, to create a more "nimble organization".
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The News in Brief
Trump to Impose Forced Labour Duties on Friday as Temporary 10% US Tariffs Expire
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
LVMH Appoints General Manager of Fragrance
Givenchy executive Yann Musquin will lead the group’s fragrance portfolio, succeeding longtime division head Romain Spitzer.
India Changes Rule in Win for Foreign E-Commerce Companies
In a major win for Amazon, which lobbied for the change, the government will allow foreign e-commerce companies to buy products directly from Indian sellers and sell them to overseas customers.
Skincare Brand Prequel Appoints C-Suite
The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.
Moncler Group Second-Quarter Sales Rise 5% as Stone Island Brand Outperforms
Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.
Mulberry Quarterly Sales Jump 23% as Turnaround Gathers Pace
The British luxury handbag maker reported a strong start to fiscal 2027 as CEO Andrea Baldo’s strategy gains traction and the brand gears up for designer Christopher Kane’s runway debut in September.
Phillip Lim Announces New Brand PlayLoveWin
The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.