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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Financial Markets
VF Corporation's Quarterly Results Top Estimates
Revenue from the company's Vans shoe segment rose 35 percent in the quarter, helping drive the strong results.
VF Corporation's Quarterly Results Top Estimates
Revenue from the company's Vans shoe segment rose 35 percent in the quarter, helping drive the strong results.
Financial Markets
EBay Rattles Investors Already Spooked by Threat of Amazon
The online marketplace missed on sales and trimmed its 2018 revenue outlook.
EBay Rattles Investors Already Spooked by Threat of Amazon
The online marketplace missed on sales and trimmed its 2018 revenue outlook.
News & Analysis
Gucci Aims for €10 Billion Revenue Threshold
Gucci, the biggest earnings driver at French group Kering, said it expected sales to grow at twice the pace of the luxury market in the coming years.
Gucci Aims for €10 Billion Revenue Threshold
Gucci, the biggest earnings driver at French group Kering, said it expected sales to grow at twice the pace of the luxury market in the coming years.
Retail
Kohl’s Revenues Top Analyst Estimates
The US department-store chain raised its full-year earnings forecast as its turnaround gains steam.
Kohl’s Revenues Top Analyst Estimates
The US department-store chain raised its full-year earnings forecast as its turnaround gains steam.
China
Alibaba Unapologetic on Spending to Drive Growth
The e-commerce giant has been spending more as it expands into new areas and abroad.
Alibaba Unapologetic on Spending to Drive Growth
The e-commerce giant has been spending more as it expands into new areas and abroad.
News & Analysis
Amazon Expects Strong Revenue Growth
Revenue in the first quarter is estimated to reach $49.9 billion, up 40 percent from a year earlier, boosted by the Whole Foods acquisition.
Amazon Expects Strong Revenue Growth
Revenue in the first quarter is estimated to reach $49.9 billion, up 40 percent from a year earlier, boosted by the Whole Foods acquisition.
News & Analysis
Puma Says China Powered Strong First-Quarter Sales
The German sportswear maker raised its full-year growth target after reporting a stronger-than-expected start to 2018.
Puma Says China Powered Strong First-Quarter Sales
The German sportswear maker raised its full-year growth target after reporting a stronger-than-expected start to 2018.
Financial Markets
Puma Lifts Guidance As Sales Growth Accelerates
The German sportswear brand nudged up its sales and profit guidance for 2018, but warned of volatile currencies and the threat of a US-China trade war.
Puma Lifts Guidance As Sales Growth Accelerates
The German sportswear brand nudged up its sales and profit guidance for 2018, but warned of volatile currencies and the threat of a US-China trade war.
Financial Markets
Prada Shares Soar 20 Percent on Growth Outlook
Prada shares jumped to its highest level since June 2015.
Prada Shares Soar 20 Percent on Growth Outlook
Prada shares jumped to its highest level since June 2015.
Financial Markets
Prada Sees Growth Ahead Despite Profit Drop
Despite the declines, chief executive Patrizio Bertelli expressed confidence the Italian luxury-goods brand would return to growth.
Prada Sees Growth Ahead Despite Profit Drop
Despite the declines, chief executive Patrizio Bertelli expressed confidence the Italian luxury-goods brand would return to growth.
News & Analysis
Hugo Boss Expects Sales Uplift in 2018
The German fashion house expects sales growth to accelerate as it adds more sportswear and casual styles, while revamping stores and its website.
Hugo Boss Expects Sales Uplift in 2018
The German fashion house expects sales growth to accelerate as it adds more sportswear and casual styles, while revamping stores and its website.
Financial Markets
Yoox Net-A-Porter on Track to Meet Five-Year Plan Target
YNAP's core profit margins are forecast to rise by 30 to 70 basis points in 2018, with the online luxury retailer boosted by mobile sales and those in the Middle East.
Yoox Net-A-Porter on Track to Meet Five-Year Plan Target
YNAP's core profit margins are forecast to rise by 30 to 70 basis points in 2018, with the online luxury retailer boosted by mobile sales and those in the Middle East.
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.