Rogaine Rides GLP-1 Wave With 30% Sales Surge
The decades-old hair-loss remedy is unexpectedly booming from more people taking GLP-1 weight-loss drugs.
earnings-report
Financial Markets
Oxford Industries Misses Street 1Q Forecasts
The owner of the Tommy Bahama, Lilly Pulitzer, Ben Sherman, Lanier Clothes and Ben Sherman clothing lines posted revenue of $256.2 million falling short of Street forecasts.
Financial Markets
Zumiez Reports 1Q Loss
Zumiez Inc. has reported a fiscal first-quarter loss of $2.1 million, after reporting a profit in the same period a year earlier.
Financial Markets
Vera Bradley Beats 1Q Profit Forecasts
Vera Bradley Inc. has reported fiscal first-quarter net income of $2.4 million, after reporting a loss in the same period a year earlier.
Financial Markets
G-III Apparel Beats 1Q Profit Forecasts
G-III Apparel Group Ltd. has reported fiscal first-quarter earnings of $2.8 million.
Financial Markets
Ascena Retail Beats 3Q Profit Forecasts
Ascena Retail Group Inc. has reported fiscal third-quarter earnings of $15 million.
Financial Markets
PVH Jumps After Raising Full-Year Profit Forecast
PVH Corp., owner of the Calvin Klein and Tommy Hilfiger brands, jumped in late trading after raising its full-year profit forecast and reporting first-quarter earnings that beat analysts’ estimates.
Financial Markets
J. Crew’s Sales Fall as Chain Faces ‘Challenging’ Retail Climate
J. Crew Group Inc.’s same-store sales declined 7 percent last quarter, a sign the preppy-apparel chain is still struggling to win back shoppers.
Financial Markets
Guess Reports 1Q Loss
Guess Inc. has reported a fiscal first-quarter loss of $25.2 million, after reporting a profit in the same period a year earlier.
Financial Markets
Tiffany Reports 1Q Profit Drop on Soft Jewellery Market
Tiffany's first-quarter profit slid as consumers cut spending and the jeweller issued a pessimistic outlook, sending shares down sharply.
Financial Markets
Wal-Mart Surges After First-Quarter Profit Beats Estimates
The chain's US same-store sales rose faster than expected.
Financial Markets
American Eagle, Urban Outfitters Surge After Topping Estimates
American Eagle Outfitters Inc. and Urban Outfitters Inc. both surged in late trading after topping first-quarter earnings estimates, bucking a trend of apparel companies posting weak results.
Financial Markets
Mothercare Full-Year Profit Jumps on Turnaround Plan
Baby goods retailer Mothercare said full-year profit jumped 51 percent as the turnaround plan for its troubled British business made progress, sending its shares up as much as 9 percent.
The News in Brief
Ralph Lauren’s Quarterly Revenue Forecast Disappoints, Sending Shares Down
Expectations for the brand to sustain a rapid pace of growth set a high bar, leaving investors disappointed even as its raised its annual outlook.
Tapestry Lifts Outlook as Young Shoppers Snap Up Coach Bags
Shares rose in early trading after the company raised its revenue and profit forecasts, even as the broader luxury sector grapples with a slowdown.
Chanel Beauty Opens Alpine-Inspired Activation at Harrods
The luxury beauty label has taken over a corner of the department store's ground floor with a gifting suite.
Bangladesh Agrees New Garment Pay Scale From December Amid Protests
The government has yet determine the details of revised wage levels as it scrambles to manage days of protests that have disrupted the country’s garment industry.
China Wealth Crackdown Lifts Hong Kong Watch and Jewellery Sales
Rich shoppers are turning to gold and gemstones to preserve wealth, softening the blow for luxury giants like Hermès and Richemont as Beijing tightens its grip on overseas assets.
Australian Department Store David Jones Collapses After Almost 200 Years
The template of vast stores with dozens of fashion brands, beauty products and other accessories succumbed as the digital era drove shoppers to cheaper, nimbler online rivals.
Coty Tops Estimates on Prestige Brands Boost Amid Turnaround
The US cosmetics conglomerate said launches from Marc Jacobs and Burberry helped boost revenues, though its full-year guidance is below consensus.