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
Kate Spade Misses Street 2Q Forecasts
Kate Spade & Co. on Wednesday reported second-quarter net income of $8.5 million, after reporting a loss in the same period a year earlier.
Kate Spade Misses Street 2Q Forecasts
Kate Spade & Co. on Wednesday reported second-quarter net income of $8.5 million, after reporting a loss in the same period a year earlier.
Financial Markets
Coach Earnings Beat Estimates After New Items Attract Shoppers
Coach Inc., the largest US luxury-handbag maker, posted fourth-quarter earnings that exceeded analysts’ estimates after new products helped stem a sales decline.
Coach Earnings Beat Estimates After New Items Attract Shoppers
Coach Inc., the largest US luxury-handbag maker, posted fourth-quarter earnings that exceeded analysts’ estimates after new products helped stem a sales decline.
Financial Markets
JD Sports Shares Hit Record High as Profit Set to Beat Estimates
JD Sports Fashion Plc, one of the UK’s leading sportswear retailers, rose to the highest since the company’s 1996 initial public offering after saying profit will be ahead of analysts’ projections.
JD Sports Shares Hit Record High as Profit Set to Beat Estimates
JD Sports Fashion Plc, one of the UK’s leading sportswear retailers, rose to the highest since the company’s 1996 initial public offering after saying profit will be ahead of analysts’ projections.
Financial Markets
L’Oreal Sales Trail Estimates as Growth Slows in New Markets
L’Oreal SA reported second-quarter sales that trailed analysts’ estimates as a slowdown in emerging markets led to a worse-than-expected performance in its mass-market and high-end beauty products divisions.
L’Oreal Sales Trail Estimates as Growth Slows in New Markets
L’Oreal SA reported second-quarter sales that trailed analysts’ estimates as a slowdown in emerging markets led to a worse-than-expected performance in its mass-market and high-end beauty products divisions.
Financial Markets
L'Oreal Says Sales Growth to Accelerate in H2
French cosmetics group L'Oreal sees sales growth accelerating in the second half as demand in Western Europe and the United States improves.
L'Oreal Says Sales Growth to Accelerate in H2
French cosmetics group L'Oreal sees sales growth accelerating in the second half as demand in Western Europe and the United States improves.
Financial Markets
Avon Tops Street 2Q Forecasts
Avon Products Inc. on Thursday reported second-quarter profit of $28.8 million. The results exceeded Wall Street expectations.
Avon Tops Street 2Q Forecasts
Avon Products Inc. on Thursday reported second-quarter profit of $28.8 million. The results exceeded Wall Street expectations.
Financial Markets
Revlon Posts 2Q Profit
Revlon Inc. on Wednesday reported second-quarter earnings of $26 million.
Revlon Posts 2Q Profit
Revlon Inc. on Wednesday reported second-quarter earnings of $26 million.
Financial Markets
Skechers Rises After Overseas Sales Help Profit Beat Estimates
Skechers USA Inc. surged in late trading after second-quarter sales and profit beat analysts’ estimates, helped by new products and robust overseas growth.
Skechers Rises After Overseas Sales Help Profit Beat Estimates
Skechers USA Inc. surged in late trading after second-quarter sales and profit beat analysts’ estimates, helped by new products and robust overseas growth.
Financial Markets
LVMH Rises After Biggest Profit Boost Since 2012
LVMH Moet Hennessy Louis Vuitton SE rose in Paris trading after the world’s largest luxury-goods maker reported its strongest earnings increase in three years.
LVMH Rises After Biggest Profit Boost Since 2012
LVMH Moet Hennessy Louis Vuitton SE rose in Paris trading after the world’s largest luxury-goods maker reported its strongest earnings increase in three years.
Financial Markets
LVMH Earnings Surge as Leather Goods Sales Accelerate
LVMH Moet Hennessy Louis Vuitton SE reported an estimate-beating 15 percent increase in first-half earnings as sales of fashion and leather-goods accelerated and the wines-and-spirits division returned to growth.
LVMH Earnings Surge as Leather Goods Sales Accelerate
LVMH Moet Hennessy Louis Vuitton SE reported an estimate-beating 15 percent increase in first-half earnings as sales of fashion and leather-goods accelerated and the wines-and-spirits division returned to growth.
Financial Markets
Next Increases Full-Year Outlook as Warm Weather Boosts Sales
Next Plc, the UK’s second-largest clothing retailer, increased its outlook for full-year sales and profit after first-half revenue exceeded expectations.
Next Increases Full-Year Outlook as Warm Weather Boosts Sales
Next Plc, the UK’s second-largest clothing retailer, increased its outlook for full-year sales and profit after first-half revenue exceeded expectations.
Financial Markets
Luxottica Posts Record Q2 Earnings, Confirms Guidance
Luxottica Group SpA, the world’s largest eyewear maker, reported record second-quarter revenue and earnings, boosted by growth in emerging markets.
Luxottica Posts Record Q2 Earnings, Confirms Guidance
Luxottica Group SpA, the world’s largest eyewear maker, reported record second-quarter revenue and earnings, boosted by growth in emerging markets.
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.