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.
earnings-report
Financial Markets
Macy's Shares Surge After Profit Beats Estimates
First-quarter same-store sales rose 4.2 percent signaling that the company is keeping up in a fiercely competitive retail landscape.
Macy's Shares Surge After Profit Beats Estimates
First-quarter same-store sales rose 4.2 percent signaling that the company is keeping up in a fiercely competitive retail landscape.
Financial Markets
Profits Slump at Arcadia
The owner of Topshop has reported a 42 percent slump in full-year profit, blaming intense UK competition.
Profits Slump at Arcadia
The owner of Topshop has reported a 42 percent slump in full-year profit, blaming intense UK competition.
Financial Markets
Pandora Suffers Chinese Revenue Slowdown
The jewellery maker's sales growth in China weakened to 16 percent from 62 percent.
Pandora Suffers Chinese Revenue Slowdown
The jewellery maker's sales growth in China weakened to 16 percent from 62 percent.
Financial Markets
Coty Results Beats on Demand for Luxury Fragrances
The beauty products maker reported quarterly results that beat analysts' estimates, helped by robust sales for its Burberry Beauty and Gucci Bloom fragrances.
Coty Results Beats on Demand for Luxury Fragrances
The beauty products maker reported quarterly results that beat analysts' estimates, helped by robust sales for its Burberry Beauty and Gucci Bloom fragrances.
Financial Markets
JD.com Misses Estimates Amid Spending on Physical Stores
The online shopping giant reported quarterly profit that fell short of analyst expectations, as it ramps up the construction of physical shops and warehouses amid rising competition from Alibaba.
JD.com Misses Estimates Amid Spending on Physical Stores
The online shopping giant reported quarterly profit that fell short of analyst expectations, as it ramps up the construction of physical shops and warehouses amid rising competition from Alibaba.
Beauty
Beiersdorf Lifted by Strong La Prairie Sales
The firm beat its consumer product rivals by posting a 6.5 percent rise in first-quarter organic group sales.
Beiersdorf Lifted by Strong La Prairie Sales
The firm beat its consumer product rivals by posting a 6.5 percent rise in first-quarter organic group sales.
Financial Markets
Moncler Sees Revenue Grow by 20 Percent in First Quarter
Strong demand in China and Hong Kong helped boost revenues to €332 million ($398 million).
Moncler Sees Revenue Grow by 20 Percent in First Quarter
Strong demand in China and Hong Kong helped boost revenues to €332 million ($398 million).
Financial Markets
VF Corp's Quarterly Revenue Tops Estimates
The company has ramped up efforts in reshaping its portfolio and elevating its most powerful brands like Vans, Wrangler and Timberland.
VF Corp's Quarterly Revenue Tops Estimates
The company has ramped up efforts in reshaping its portfolio and elevating its most powerful brands like Vans, Wrangler and Timberland.
Financial Markets
Under Armour Picks up Momentum Overseas
The sportswear maker topped forecasts for first-quarter revenue, as stronger demand internationally made up for stagnating sales in North America.
Under Armour Picks up Momentum Overseas
The sportswear maker topped forecasts for first-quarter revenue, as stronger demand internationally made up for stagnating sales in North America.
Financial Markets
Tapestry Sinks Amid Struggles at Kate Spade, Stuart Weitzman
The company reported a drop in third-quarter margins, sending its shares down 14 percent.
Tapestry Sinks Amid Struggles at Kate Spade, Stuart Weitzman
The company reported a drop in third-quarter margins, sending its shares down 14 percent.
Financial Markets
Luxottica's First Quarter Sales Hurt by Bad Weather, Distribution Clean-Up
The company is suffering due to tighter distribution policies.
Luxottica's First Quarter Sales Hurt by Bad Weather, Distribution Clean-Up
The company is suffering due to tighter distribution policies.
Financial Markets
Amazon's Quarterly Profit More Than Doubles
The company has been notorious for running on a low-profit margin. Yet its big bets on new services and entry into new industries have reaped shareholders rewards over the past decade.
Amazon's Quarterly Profit More Than Doubles
The company has been notorious for running on a low-profit margin. Yet its big bets on new services and entry into new industries have reaped shareholders rewards over the past decade.
The News in Brief
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.
Mco Parent VidaCorp Rebrands to Axia Beauty Group
The company, which also owns brands Nude by Nature and Poni, also announced its new global headquarters and chief marketing officer.
Fayed Abuse Victims Seek Up to £150 Million From Harrods
The retailer currently has a £62 million provision set aside for redress payments, but victims’ lawyers say more is likely needed.
Puig Acquires Sun Care Brand Isdin
The conglomerate bought its former partner’s 50 percent share to take full ownership of the Spanish skincare label.
Hugo Boss Chairman to Step Down Amid Frasers Group Pressure
Stephan Sturm is stepping down, as the German fashion house's largest shareholder seeks to beef up its board representation alongside its takeover bid for the brand.