Another Lululemon Executive Exits Ahead of Incoming CEO
The departure of AI chief Ranju Das after less than a year in the role comes shortly after the chief strategy officer exited ahead of new chief executive Heidi O'Neill joining in September.
earnings-report
Financial Markets
Elizabeth Arden Reports 1Q Loss
Elizabeth Arden Inc. on Wednesday reported a loss of $15.9 million in its fiscal first quarter. The results fell short of Wall Street expectations.
Elizabeth Arden Reports 1Q Loss
Elizabeth Arden Inc. on Wednesday reported a loss of $15.9 million in its fiscal first quarter. The results fell short of Wall Street expectations.
Financial Markets
Michael Kors Profit Tops Estimates as New Stores Boost Sales
Michael Kors Holdings Ltd. posted second-quarter profit that topped analysts’ estimates as new stores boosted sales.
Michael Kors Profit Tops Estimates as New Stores Boost Sales
Michael Kors Holdings Ltd. posted second-quarter profit that topped analysts’ estimates as new stores boosted sales.
Financial Markets
Avon Products’ Shares Tumble After Unexpected Third-Quarter Loss
Avon Products Inc. fell in early trading after posting an unexpected third-quarter loss, hurt by the strong dollar and a new tax in Brazil.
Avon Products’ Shares Tumble After Unexpected Third-Quarter Loss
Avon Products Inc. fell in early trading after posting an unexpected third-quarter loss, hurt by the strong dollar and a new tax in Brazil.
Financial Markets
Revlon Posts 3Q Profit
Revlon Inc. on Wednesday reported third-quarter profit of $6.2 million.
Revlon Posts 3Q Profit
Revlon Inc. on Wednesday reported third-quarter profit of $6.2 million.
Financial Markets
Etsy Third-Quarter Sales Miss Estimates as Competitors Move In
Etsy Inc. reported third-quarter revenue that fell short of analysts’ estimates, signaling that the online marketplace is struggling to accelerate growth amid increased competition.
Etsy Third-Quarter Sales Miss Estimates as Competitors Move In
Etsy Inc. reported third-quarter revenue that fell short of analysts’ estimates, signaling that the online marketplace is struggling to accelerate growth amid increased competition.
Financial Markets
Alibaba Revenue Surges on Mobile Growth
Alibaba's second-quarter net income topped expectations as revenue surged on mobile growth.
Alibaba Revenue Surges on Mobile Growth
Alibaba's second-quarter net income topped expectations as revenue surged on mobile growth.
Financial Markets
Coach Profit Exceeds Estimates as New Styles at Full Price Boost
Coach Inc. posted first-quarter profit that topped analysts’ estimates as new styles and fewer discounts boosted results.
Coach Profit Exceeds Estimates as New Styles at Full Price Boost
Coach Inc. posted first-quarter profit that topped analysts’ estimates as new styles and fewer discounts boosted results.
Financial Markets
VF Corp. Shares Plummet After Company Reduces Forecast
VF Corp., the clothing company that owns the North Face and Nautica brands, suffered its worst stock decline since 1987 after cutting its profit forecast.
VF Corp. Shares Plummet After Company Reduces Forecast
VF Corp., the clothing company that owns the North Face and Nautica brands, suffered its worst stock decline since 1987 after cutting its profit forecast.
Luxury
How to Fix the House of Gucci
While Gucci’s third quarter results may be nothing to write home about, improved financial performance should herald Gucci’s return as early as spring, as the ‘Michele cure’ starts to take effect.
How to Fix the House of Gucci
While Gucci’s third quarter results may be nothing to write home about, improved financial performance should herald Gucci’s return as early as spring, as the ‘Michele cure’ starts to take effect.
Financial Markets
Kering Q3 Sales Growth Beats Estimates
Kering SA reported third-quarter revenue growth that beat analysts’ estimates as demand for Puma footwear and Saint Laurent dresses offset declining sales of Gucci handbags.
Kering Q3 Sales Growth Beats Estimates
Kering SA reported third-quarter revenue growth that beat analysts’ estimates as demand for Puma footwear and Saint Laurent dresses offset declining sales of Gucci handbags.
Financial Markets
Under Armour Profit Tops Estimates as Footwear Boosts Sales
Under Armour Inc. posted third-quarter profit that topped analysts’ estimates as the athletic-apparel maker’s expansion into shoes gained momentum.
Under Armour Profit Tops Estimates as Footwear Boosts Sales
Under Armour Inc. posted third-quarter profit that topped analysts’ estimates as the athletic-apparel maker’s expansion into shoes gained momentum.
Financial Markets
EBay Earnings Show Web Marketplace Recovering After PayPal Split
EBay Inc.’s third-quarter profit and sales topped analysts’ estimates as more people used the online marketplace to buy and sell goods.
EBay Earnings Show Web Marketplace Recovering After PayPal Split
EBay Inc.’s third-quarter profit and sales topped analysts’ estimates as more people used the online marketplace to buy and sell goods.
The News in Brief
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.
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.