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.
earnings-report
Financial Markets
Kate Spade Sales Gets Boost from North America Demand
Kate Spade & Co's sales at established stores in the first quarter handily beat analysts' estimates due to higher demand in North America.
Kate Spade Sales Gets Boost from North America Demand
Kate Spade & Co's sales at established stores in the first quarter handily beat analysts' estimates due to higher demand in North America.
Financial Markets
Coty Reports First Profit Miss in Seven Quarters
Perfume maker Coty Inc. reported its first profit miss in seven quarters, hurt by higher costs and weak demand for products such as Sally Hansen nail polishes in the United States.
Coty Reports First Profit Miss in Seven Quarters
Perfume maker Coty Inc. reported its first profit miss in seven quarters, hurt by higher costs and weak demand for products such as Sally Hansen nail polishes in the United States.
Financial Markets
Smashbox and MAC Add Shine to Estée Lauder Profit
Cosmetics maker Estée Lauder reported a better-than-expected quarterly profit, helped by strong demand for its MAC and Smashbox makeup brands in its international markets.
Smashbox and MAC Add Shine to Estée Lauder Profit
Cosmetics maker Estée Lauder reported a better-than-expected quarterly profit, helped by strong demand for its MAC and Smashbox makeup brands in its international markets.
Financial Markets
Hugo Boss to Cut Rent Costs After Weak First Quarter
German fashion house Hugo Boss will seek to cut costs by renegotiating store rents after it reported lower-than-expected sales and profits for the first quarter.
Hugo Boss to Cut Rent Costs After Weak First Quarter
German fashion house Hugo Boss will seek to cut costs by renegotiating store rents after it reported lower-than-expected sales and profits for the first quarter.
Financial Markets
Black Diamond Reports 1Q Loss
Black Diamond Inc. reported a loss of $4 million in its first quarter.
Black Diamond Reports 1Q Loss
Black Diamond Inc. reported a loss of $4 million in its first quarter.
Financial Markets
Puma Confirms Guidance for Busy Sports Year
German sportswear firm Puma confirmed a cautious outlook for sales and profitability in 2016, saying a busy sports calendar and a booming women's business should help it offset the negative currency impacts.
Puma Confirms Guidance for Busy Sports Year
German sportswear firm Puma confirmed a cautious outlook for sales and profitability in 2016, saying a busy sports calendar and a booming women's business should help it offset the negative currency impacts.
Financial Markets
Nu Skin Beats 1Q Profit Forecasts
Nu Skin Enterprises Inc. has reported first-quarter earnings of $3.3 million. On a per-share basis, the Provo, Utah-based company said it had profit of six cents.
Nu Skin Beats 1Q Profit Forecasts
Nu Skin Enterprises Inc. has reported first-quarter earnings of $3.3 million. On a per-share basis, the Provo, Utah-based company said it had profit of six cents.
Financial Markets
Amazon Profit Tops Estimates as Delivery Options Fuel Growth
Amazon.com Inc.’s sales and profit topped estimates on robust demand for quick-turnaround delivery and gadgets like the Kindle and Echo, adding to evidence the e-commerce giant can make money even as it invests heavily in future hardware, software and entertainment.
Amazon Profit Tops Estimates as Delivery Options Fuel Growth
Amazon.com Inc.’s sales and profit topped estimates on robust demand for quick-turnaround delivery and gadgets like the Kindle and Echo, adding to evidence the e-commerce giant can make money even as it invests heavily in future hardware, software and entertainment.
Financial Markets
Hermès Sales Growth Slows on China, Europe Attacks
Hermès said sales growth slowed after attacks in Brussels and Paris put off some tourists and an economic slowdown in China weighed on demand.
Hermès Sales Growth Slows on China, Europe Attacks
Hermès said sales growth slowed after attacks in Brussels and Paris put off some tourists and an economic slowdown in China weighed on demand.
Financial Markets
Adidas Raises 2016 Guidance After First-Quarter Earnings Jump
Adidas hiked its guidance for 2016 sales and earnings a second time as it reported a 38 percent jump in quarterly underlying profit, citing strong brand momentum.
Adidas Raises 2016 Guidance After First-Quarter Earnings Jump
Adidas hiked its guidance for 2016 sales and earnings a second time as it reported a 38 percent jump in quarterly underlying profit, citing strong brand momentum.
Financial Markets
Ebay Attracts More Shoppers, Earnings Beat Expectations
Ebay Inc has reported better-than-expected quarterly earnings and has raised its full-year revenue forecast as a revamped shopping platform attracting more buyers, mitigating growth concerns following its spinoff of PayPal Holdings Inc.
Ebay Attracts More Shoppers, Earnings Beat Expectations
Ebay Inc has reported better-than-expected quarterly earnings and has raised its full-year revenue forecast as a revamped shopping platform attracting more buyers, mitigating growth concerns following its spinoff of PayPal Holdings Inc.
Financial Markets
Coach Beats Forecasts
Coach Inc. has reported fiscal third-quarter net income of $112.5 million.
Coach Beats Forecasts
Coach Inc. has reported fiscal third-quarter net income of $112.5 million.
The News in Brief
Natura Posts 92% Decline in Quarterly Profit
Brazilian cosmetic maker Natura on Monday posted a second-quarter net profit of 35 million reais ($6.85 million), a 92.1 percent decline from the same period in 2025.
Report: Armani Stake Sale Could Be Delayed Beyond March 2027 Deadline
Citing company sources, Italian newspaper Corriere della Sera said market conditions for the luxury industry were still challenging and negotiating a deal could require time.
Shein to Launch IPO as Soon as August 19, Sources Say
The Hong Kong IPO could take place as soon as Wednesday of next week, two people with knowledge of the matter said on Tuesday.
John Lewis Managing Director Quits Job After Less Than Three Years
Peter Ruis' surprise departure comes as the company faces “really tough” trading conditions.
Harvey Nichols Warns It Could Collapse Without Rescue Deal
The upscale department store says it will not be able to survive another year without new investment, as bidders for the chain circle.
Shein IPO Value Could Fall Short of $30 Billion Targeted by Some Investors
Bloomberg Intelligence estimates the ultra-fast fashion retailer supports a valuation of $22 billion to $25 billion, well below the roughly $30 billion valuation some investors have pushed for.
Thom Bettridge to Step Down as I-D Editor in Chief
Global editorial director Steff Yotka will succeed Bettridge, who is leaving to focus on his creative studio Content World.