Court Lets Trump Halt Tariff Exemption for Low-Cost Goods
In a decision on Thursday, a US trade court refused to disturb executive orders that lifted the ‘de minimis’ exemption for goods with a retail value of $800 or less.
earnings-report
Financial Markets
Estee Lauder Beats Street 2Q Forecasts
Estee Lauder Companies Inc. on Friday reported fiscal second-quarter earnings of $446.2 million. The results beat Wall Street expectations.
Estee Lauder Beats Street 2Q Forecasts
Estee Lauder Companies Inc. on Friday reported fiscal second-quarter earnings of $446.2 million. The results beat Wall Street expectations.
Financial Markets
Elizabeth Arden Reports 2Q Loss
Elizabeth Arden Inc. on Thursday reported a loss of $4.9 million in its fiscal second quarter. The results did not meet Wall Street expectations.
Elizabeth Arden Reports 2Q Loss
Elizabeth Arden Inc. on Thursday reported a loss of $4.9 million in its fiscal second quarter. The results did not meet Wall Street expectations.
Financial Markets
Kohl’s Plummets After Slow Fourth-Quarter Sales Weigh on Profit
Kohl’s Corp. plunged as much as 17 percent in early trading after slow fourth-quarter sales weighed on earnings, renewing concerns that the department-store industry is mired in a slump.
Kohl’s Plummets After Slow Fourth-Quarter Sales Weigh on Profit
Kohl’s Corp. plunged as much as 17 percent in early trading after slow fourth-quarter sales weighed on earnings, renewing concerns that the department-store industry is mired in a slump.
Financial Markets
Weak Sales at Kohl's, Ralph Lauren Spark Selloff in Retailers
Ralph Lauren Corp and Kohl's Corp warned of a tough year ahead after reporting disappointing holiday-quarter sales on Thursday, leading investors to dump their stocks and dragging down shares of several other retailers.
Weak Sales at Kohl's, Ralph Lauren Spark Selloff in Retailers
Ralph Lauren Corp and Kohl's Corp warned of a tough year ahead after reporting disappointing holiday-quarter sales on Thursday, leading investors to dump their stocks and dragging down shares of several other retailers.
Financial Markets
Ralph Lauren Shares Tumble After Company Cuts Annual Forecast
Ralph Lauren Corp., the apparel company known for preppy fashions, fell as much as 13 percent in early trading after cutting its annual forecast.
Ralph Lauren Shares Tumble After Company Cuts Annual Forecast
Ralph Lauren Corp., the apparel company known for preppy fashions, fell as much as 13 percent in early trading after cutting its annual forecast.
Financial Markets
Coty Tops Street 2Q Forecasts
Coty Inc. on Thursday reported fiscal second-quarter earnings of $89 million. The results exceeded Wall Street expectations.
Coty Tops Street 2Q Forecasts
Coty Inc. on Thursday reported fiscal second-quarter earnings of $89 million. The results exceeded Wall Street expectations.
Financial Markets
LVMH Shares Surge as Fashion Brands Overcome Asian Blues
LVMH shares gained the most in a year after results beat estimates on demand for Louis Vuitton bags in Japan and Europe, providing some relief for a beleaguered luxury-goods industry.
LVMH Shares Surge as Fashion Brands Overcome Asian Blues
LVMH shares gained the most in a year after results beat estimates on demand for Louis Vuitton bags in Japan and Europe, providing some relief for a beleaguered luxury-goods industry.
Financial Markets
Swatch Earnings Miss Estimates On Hong Kong, Strong Franc
Swatch Group AG reported 2015 earnings that missed analyst estimates as sales declined for the first time in six years, hurt by slumping demand in Hong Kong and the strength of the Swiss franc.
Swatch Earnings Miss Estimates On Hong Kong, Strong Franc
Swatch Group AG reported 2015 earnings that missed analyst estimates as sales declined for the first time in six years, hurt by slumping demand in Hong Kong and the strength of the Swiss franc.
Financial Markets
Calvin Klein’s Owner Gains After Annual Profit Exceeds Estimates
PVH Corp., the apparel company that owns the Calvin Klein and Tommy Hilfiger brands, gained as much as 8.1 percent after saying that 2015 profit came in at the high end of its projections.
Calvin Klein’s Owner Gains After Annual Profit Exceeds Estimates
PVH Corp., the apparel company that owns the Calvin Klein and Tommy Hilfiger brands, gained as much as 8.1 percent after saying that 2015 profit came in at the high end of its projections.
Financial Markets
LVMH Profit Beats Estimates as Fashion Unit Tops Expectations
LVMH, the world’s largest luxury company, reported annual profit that beat estimates as fashion and leather-goods sales exceeded expectations in the final quarter.
LVMH Profit Beats Estimates as Fashion Unit Tops Expectations
LVMH, the world’s largest luxury company, reported annual profit that beat estimates as fashion and leather-goods sales exceeded expectations in the final quarter.
Financial Markets
Michael Kors Beats Estimates After New Accessories Fuel Growth
Kors Holdings Ltd. posted third-quarter profit that topped analysts’ estimates after e-commerce sales and a new lineup of accessories fueled growth.
Michael Kors Beats Estimates After New Accessories Fuel Growth
Kors Holdings Ltd. posted third-quarter profit that topped analysts’ estimates after e-commerce sales and a new lineup of accessories fueled growth.
Financial Markets
American Apparel Reports 3Q Loss
American Apparel Inc. on Monday reported a loss of $25.6 million in its third quarter.
American Apparel Reports 3Q Loss
American Apparel Inc. on Monday reported a loss of $25.6 million in its third quarter.
The News in Brief
Samsonite Buys Stake in Béis for $178.5 Million
Founder and actress Shay Mitchell will retain a 15 percent stake in Béis, which will become a Samsonite subsidiary after the deal closes.
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.
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.