David Pemsel to Step Down as British Fashion Council Chairman
The UK fashion trade body has yet to name a successor.
earnings-report
Financial Markets
Estee Lauder Sales Miss on Lower Skin Care Product Demand
Cosmetics maker Estee Lauder Cos Inc reported lower-than-expected quarterly sales, hurt by less demand for Clinique and Estee Lauder skin care products and a stronger dollar.
Estee Lauder Sales Miss on Lower Skin Care Product Demand
Cosmetics maker Estee Lauder Cos Inc reported lower-than-expected quarterly sales, hurt by less demand for Clinique and Estee Lauder skin care products and a stronger dollar.
Financial Markets
J.C. Penney Posts Smaller Loss as Sephora, Menswear Drive Sales
J.C. Penney Co. posted a second-quarter loss that was smaller than analysts estimated as sales of men’s clothing and Sephora cosmetics boosted sales.
J.C. Penney Posts Smaller Loss as Sephora, Menswear Drive Sales
J.C. Penney Co. posted a second-quarter loss that was smaller than analysts estimated as sales of men’s clothing and Sephora cosmetics boosted sales.
Financial Markets
Nordstrom Rises After Full-Year Profit Forecast Tops Estimates
Nordstrom Inc. rose in late trading after forecasting full-year profit that exceeded analysts’ estimates, helped by strengthening sales.
Nordstrom Rises After Full-Year Profit Forecast Tops Estimates
Nordstrom Inc. rose in late trading after forecasting full-year profit that exceeded analysts’ estimates, helped by strengthening sales.
Financial Markets
Coty Beats Street 4Q Forecasts
Coty Inc. on Thursday reported fiscal fourth-quarter net income of $21 million, after reporting a loss in the same period a year earlier. The results beat Wall Street expectations.
Coty Beats Street 4Q Forecasts
Coty Inc. on Thursday reported fiscal fourth-quarter net income of $21 million, after reporting a loss in the same period a year earlier. The results beat Wall Street expectations.
Financial Markets
American Apparel Posts Wider Preliminary Loss Amid Lender Talks
American Apparel Inc. posted a wider second-quarter loss in a preliminary earnings statement and said it won’t be able to report official figures on time because its management is engaged in talks with lenders.
American Apparel Posts Wider Preliminary Loss Amid Lender Talks
American Apparel Inc. posted a wider second-quarter loss in a preliminary earnings statement and said it won’t be able to report official figures on time because its management is engaged in talks with lenders.
Financial Markets
Fossil Group Beats 2Q Profit Forecasts
Fossil Group Inc. on Tuesday reported second-quarter net income of $54.6 million. The results surpassed Wall Street expectations.
Fossil Group Beats 2Q Profit Forecasts
Fossil Group Inc. on Tuesday reported second-quarter net income of $54.6 million. The results surpassed Wall Street expectations.
Financial Markets
Prada First-Half Sales Miss Estimates as China’s Slump Persists
Prada SpA reported first-half revenue that missed analysts’ estimates as demand for its handbags and wallets in Hong Kong and Macau continued to wane.
Prada First-Half Sales Miss Estimates as China’s Slump Persists
Prada SpA reported first-half revenue that missed analysts’ estimates as demand for its handbags and wallets in Hong Kong and Macau continued to wane.
Financial Markets
China's JD.Com Posts 61 Percent Rise in Quarterly Revenues
JD.com Inc. reported a 61 percent year-on-year rise in quarterly revenue, topping expectations, powered by a jump in the number of shoppers and goods bought on its platform.
China's JD.Com Posts 61 Percent Rise in Quarterly Revenues
JD.com Inc. reported a 61 percent year-on-year rise in quarterly revenue, topping expectations, powered by a jump in the number of shoppers and goods bought on its platform.
Financial Markets
Elizabeth Arden reports 4Q loss
Elizabeth Arden Inc. on Thursday reported a loss of $108.1 million in its fiscal fourth quarter. The results fell short of Wall Street expectations.
Elizabeth Arden reports 4Q loss
Elizabeth Arden Inc. on Thursday reported a loss of $108.1 million in its fiscal fourth quarter. The results fell short of Wall Street expectations.
Financial Markets
Michael Kors Beats Earnings Estimates After Overseas Sales Grow
Michael Kors Holdings Ltd. posted first-quarter earnings that topped analysts’ estimates after overseas expansion helped make up for a slump in North America.
Michael Kors Beats Earnings Estimates After Overseas Sales Grow
Michael Kors Holdings Ltd. posted first-quarter earnings that topped analysts’ estimates after overseas expansion helped make up for a slump in North America.
Financial Markets
Adidas Profit Misses Estimates as Demand Lags Last Year’s Cup
Adidas AG reported profit that missed analysts’ estimates as the maker of Lionel Messi soccer cleats couldn’t match demand spurred by last summer’s World Cup.
Adidas Profit Misses Estimates as Demand Lags Last Year’s Cup
Adidas AG reported profit that missed analysts’ estimates as the maker of Lionel Messi soccer cleats couldn’t match demand spurred by last summer’s World Cup.
Financial Markets
Ralph Lauren Profit Tops Estimates After Push to Reduce Expenses
Ralph Lauren Corp., the upscale apparel company known for Polo and other brands, posted earnings that topped analysts’ estimates after a push to revamp the business and reduce expenses.
Ralph Lauren Profit Tops Estimates After Push to Reduce Expenses
Ralph Lauren Corp., the upscale apparel company known for Polo and other brands, posted earnings that topped analysts’ estimates after a push to revamp the business and reduce expenses.
The News in Brief
Samsung Ordered to Pay Swatch $11.6 Million Over Copied Smartwatch Apps
The Swiss watchmaker initially sought about $170 million from the Korean technology giant for failing to prevent apps that mimicked its luxury brands on its smartwatch displays.
Kohl’s Turnaround Stalls as Sales Growth Stagnates
Kohl’s turnaround attempt showed some progress after the retailer raised its annual earnings outlook, but it still doesn’t see sales growth this year.
Abercrombie Sees Record Shares Jump After Guidance Lift
Abercrombie & Fitch Co. shares rallied after revenue topped estimates and the retailer raised its annual earnings guidance, suggesting the preppy apparel company is regaining momentum.
Dolce & Gabbana Seeks to Raise Cash in Exchange for Debt Waiver
Dolce & Gabbana is seeking to raise cash using transactions outside the Italian fashion house’s day-to-day business after banks agreed to waive terms governing its debt as demand for luxury goods stays weak.
Mexican Makeup Label Sarelly Raises $3 Million
The funding will be used to power the brand’s expansion into the US, including a nationwide rollout in Target’s Beauty Studio.
Bath & Body Works Lifts Annual Profit Forecast on Digital Demand
The US fragrance giant raised its full-year profit forecast and beat estimates for second-quarter results, benefiting from demand for its products on digital channels, despite a decline in store traffic.
Indian Fashion Retailer Purple Style Labs Plans IPO
The Bollywood star-backed company behind multi-brand retailer Pernia’s Pop-Up Shop will launch its share sale next week as it taps demand for luxury wedding and occasion wear.