L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
earnings-report
Financial Markets
L Brands November Sales Rise 8%
L Brands, whose brands include Victoria's Secret, Bath & Body Works and others, said that sales at stores open at least a year rose 8 percent in November. This easily topped analysts' estimates.
L Brands November Sales Rise 8%
L Brands, whose brands include Victoria's Secret, Bath & Body Works and others, said that sales at stores open at least a year rose 8 percent in November. This easily topped analysts' estimates.
Financial Markets
Sears Loss Widens to $548M as Sales Slide Continues
Sears Holdings Corp., the department- store chain controlled by hedge fund manager Edward Lampert, posted its 10th straight quarterly loss as sales continued to decline.
Sears Loss Widens to $548M as Sales Slide Continues
Sears Holdings Corp., the department- store chain controlled by hedge fund manager Edward Lampert, posted its 10th straight quarterly loss as sales continued to decline.
Financial Markets
Aeropostale Reports 3Q Loss
Aeropostale Inc. on Wednesday reported a loss of $52.3 million in its fiscal third quarter. On a per-share basis, the New York-based company said it had a loss of 66 cents.
Aeropostale Reports 3Q Loss
Aeropostale Inc. on Wednesday reported a loss of $52.3 million in its fiscal third quarter. On a per-share basis, the New York-based company said it had a loss of 66 cents.
Financial Markets
Guess Beats 3Q Profit Forecasts
Guess Inc. on Wednesday reported fiscal third-quarter net income of $20.8 million. The results topped Wall Street expectations.
Guess Beats 3Q Profit Forecasts
Guess Inc. on Wednesday reported fiscal third-quarter net income of $20.8 million. The results topped Wall Street expectations.
Financial Markets
PVH Tops 3Q Profit View
NEW YORK, United States — PVH Corp. (PVH) on Wednesday reported profit of $225.7 million in its fiscal third quarter.
PVH Tops 3Q Profit View
NEW YORK, United States — PVH Corp. (PVH) on Wednesday reported profit of $225.7 million in its fiscal third quarter.
Financial Markets
Mulberry Reports First-Half Loss After Abandoning Move Up-Market
Mulberry Group Plc, the troubled luxury handbag maker, reported a first-half loss as a failed attempt to move upmarket continued to weigh on the company’s performance.
Mulberry Reports First-Half Loss After Abandoning Move Up-Market
Mulberry Group Plc, the troubled luxury handbag maker, reported a first-half loss as a failed attempt to move upmarket continued to weigh on the company’s performance.
Financial Markets
Zalando Regains IPO Price as Online Retailer Nears Profitability
Zalando SE traded above its initial public offering price for the first time since last month’s stock market debut after Europe’s largest online fashion retailer forecast it will end the year “slightly profitable.”
Zalando Regains IPO Price as Online Retailer Nears Profitability
Zalando SE traded above its initial public offering price for the first time since last month’s stock market debut after Europe’s largest online fashion retailer forecast it will end the year “slightly profitable.”
Financial Markets
Gap Lowers Profit Forecast as Sales Slump at Namesake Brand
SAN FRANCISCO, United States — Gap Inc., the biggest U.S. apparel- focused retailer, cut its annual profit forecast as sales at its namesake brand
Gap Lowers Profit Forecast as Sales Slump at Namesake Brand
SAN FRANCISCO, United States — Gap Inc., the biggest U.S. apparel- focused retailer, cut its annual profit forecast as sales at its namesake brand
Financial Markets
Perry Ellis Reports Third-Quarter Loss
Perry Ellis International Inc. on Thursday reported a loss of $437,000 in its fiscal third quarter. The results fell short of Wall Street expectations.
Perry Ellis Reports Third-Quarter Loss
Perry Ellis International Inc. on Thursday reported a loss of $437,000 in its fiscal third quarter. The results fell short of Wall Street expectations.
Financial Markets
Urban Outfitters Misses 3Q Forecasts
PHILADELPHIA, United States — Urban Outfitters Inc. on Monday reported fiscal third-quarter profit of $47.1 million.
Urban Outfitters Misses 3Q Forecasts
PHILADELPHIA, United States — Urban Outfitters Inc. on Monday reported fiscal third-quarter profit of $47.1 million.
Financial Markets
H&M's October Sales Up 14%, Surpasses Estimates
Hennes & Mauritz AB’s October sales growth exceeded analysts’ estimates, giving a boost to shares of Europe’s second-biggest clothing retailer.
H&M's October Sales Up 14%, Surpasses Estimates
Hennes & Mauritz AB’s October sales growth exceeded analysts’ estimates, giving a boost to shares of Europe’s second-biggest clothing retailer.
Financial Markets
Nordstrom Beats 3Q Estimates
Nordstrom Inc. on Thursday reported fiscal third-quarter earnings of $142 million. The results exceeded Wall Street expectations.
Nordstrom Beats 3Q Estimates
Nordstrom Inc. on Thursday reported fiscal third-quarter earnings of $142 million. The results exceeded Wall Street expectations.
The News in Brief
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Kimberly-Clark Prepares Asset Sales to Win EU Nod for Kenvue Deal
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.
Kevin.Murphy Appoints New CEO
The Australian hair care brand has named Elisa Fischer its new global chief executive as it looks to push deeper into international markets.