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
Gap Shares Tumble After Sales Plunge at Once-Hot Old Navy Brand
Gap Inc. fell as much as 9.1 percent in late trading after December sales tumbled at its Old Navy chain, which was long seen as the company’s brightest star.
Gap Shares Tumble After Sales Plunge at Once-Hot Old Navy Brand
Gap Inc. fell as much as 9.1 percent in late trading after December sales tumbled at its Old Navy chain, which was long seen as the company’s brightest star.
Financial Markets
J.C. Penney Same-Store Sales Rise 3.9 Percent in November-December
J.C. Penney Co Inc's same-store sales rose 3.9 percent in November and December due to strong demand for its private-label offerings and gift products and higher online sales.
J.C. Penney Same-Store Sales Rise 3.9 Percent in November-December
J.C. Penney Co Inc's same-store sales rose 3.9 percent in November and December due to strong demand for its private-label offerings and gift products and higher online sales.
Financial Markets
Fast Retailing Cuts Operating Profit Forecast on Warm Weather
Fast Retailing Co. cut its full-year operating profit forecast as unseasonably warm weather in its Japanese home market hurt sales of winter clothes for the retailer’s Uniqlo brand of casual wear.
Fast Retailing Cuts Operating Profit Forecast on Warm Weather
Fast Retailing Co. cut its full-year operating profit forecast as unseasonably warm weather in its Japanese home market hurt sales of winter clothes for the retailer’s Uniqlo brand of casual wear.
Financial Markets
Lululemon Rises After Analyst Predicts Rebound in Profit Margins
Lululemon Athletica Inc. shares gained as much as 7 percent after Wells Fargo & Co. upgraded the stock, predicting that improvements the company has made to its supply chain should lower costs, reduce discounts and boost profit margins.
Lululemon Rises After Analyst Predicts Rebound in Profit Margins
Lululemon Athletica Inc. shares gained as much as 7 percent after Wells Fargo & Co. upgraded the stock, predicting that improvements the company has made to its supply chain should lower costs, reduce discounts and boost profit margins.
Financial Markets
Nike Sales Rise 4.1 Percent as Demand Jumps in North America
Nike Inc. reported a 4.1 percent rise in quarterly revenue as demand rose for its shoes and apparel in North America.
Nike Sales Rise 4.1 Percent as Demand Jumps in North America
Nike Inc. reported a 4.1 percent rise in quarterly revenue as demand rose for its shoes and apparel in North America.
Financial Markets
H&M Blames Warm Weather Across US and Europe for Sales Miss
Hennes & Mauritz AB reported fourth-quarter revenue that missed analysts’ estimates as unseasonably mild weather weighed on demand in North America and Europe.
H&M Blames Warm Weather Across US and Europe for Sales Miss
Hennes & Mauritz AB reported fourth-quarter revenue that missed analysts’ estimates as unseasonably mild weather weighed on demand in North America and Europe.
Financial Markets
Neiman Marcus Same-Store Sales Falls for First Time in Six Years
Neiman Marcus Group Ltd LLC swung to a quarterly loss from a profit a year ago and reported its first drop in same-store sales in six years, the latest blip in the company's roadmap to going public again.
Neiman Marcus Same-Store Sales Falls for First Time in Six Years
Neiman Marcus Group Ltd LLC swung to a quarterly loss from a profit a year ago and reported its first drop in same-store sales in six years, the latest blip in the company's roadmap to going public again.
Financial Markets
Saks Woes Send Hudson’s Bay Tumbling After Third-Quarter Loss
Department-store operator Hudson’s Bay Co. fell the most in more than three months after posting an unexpected third-quarter loss, hurt by reduced spending from tourists at its Saks Fifth Avenue chain.
Saks Woes Send Hudson’s Bay Tumbling After Third-Quarter Loss
Department-store operator Hudson’s Bay Co. fell the most in more than three months after posting an unexpected third-quarter loss, hurt by reduced spending from tourists at its Saks Fifth Avenue chain.
Financial Markets
Mulberry Ekes Out Profit as New Creative Head Coca Settles in
Mulberry Group Plc said its revival remains on track after digital investment and more efficient practices at its UK factories helped the handbag maker swing to a first-half profit.
Mulberry Ekes Out Profit as New Creative Head Coca Settles in
Mulberry Group Plc said its revival remains on track after digital investment and more efficient practices at its UK factories helped the handbag maker swing to a first-half profit.
Financial Markets
Inditex Nine-Month Earnings Rise as Spanish Consumption Rebounds
Inditex SA, the world’s largest clothing retailer, reported a 20 percent gain in nine-month profit boost as Spanish consumption recovered after years of austerity.
Inditex Nine-Month Earnings Rise as Spanish Consumption Rebounds
Inditex SA, the world’s largest clothing retailer, reported a 20 percent gain in nine-month profit boost as Spanish consumption recovered after years of austerity.
Financial Markets
Gap Sales at Established Stores Slide 8 Percent in November
Gap's struggles continued in November, with sales at established stores sliding a worse-than-expected 8 percent.
Gap Sales at Established Stores Slide 8 Percent in November
Gap's struggles continued in November, with sales at established stores sliding a worse-than-expected 8 percent.
Financial Markets
Mall Retailers Tumble on Fresh Concerns About Apparel Demand
Shares of Aeropostale Inc., Express Inc. and American Eagle Outfitters Inc. all tumbled on Thursday after earnings results renewed concerns that the market is in a slump.
Mall Retailers Tumble on Fresh Concerns About Apparel Demand
Shares of Aeropostale Inc., Express Inc. and American Eagle Outfitters Inc. all tumbled on Thursday after earnings results renewed concerns that the market is in a slump.
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.