Marquee Brands to Acquire Roots in Go-Private Deal
The brand management company will add the Canadian lifestyle label to a growing portfolio that includes Roberto Cavalli and BCBG.
earnings
Retail
Abercrombie & Fitch Deepens Retail Gloom With Tepid Forecast, Shares
Abercrombie & Fitch forecast weaker annual sales growth and warned of softer demand for its namesake brand, citing higher freight costs, more promotions, and the impact of US tariffs.
Abercrombie & Fitch Deepens Retail Gloom With Tepid Forecast, Shares
Abercrombie & Fitch forecast weaker annual sales growth and warned of softer demand for its namesake brand, citing higher freight costs, more promotions, and the impact of US tariffs.
Luxury
Prada Group Defies Slowdown as Young Shoppers Flock to Miu Miu
Miu Miu’s retail sales remained strong in the fourth quarter, rising 84 percent, while Prada grew by 4 percent.
Prada Group Defies Slowdown as Young Shoppers Flock to Miu Miu
Miu Miu’s retail sales remained strong in the fourth quarter, rising 84 percent, while Prada grew by 4 percent.
Beauty
Bath & Body Works Forecasts Tepid Annual Results on Tariffs, Spending Concerns
Bath & Body Works forecast fiscal 2025 net sales growth of to 1 percent to 3 percent, largely below analysts' estimates for a 2.8 percent rise.
Bath & Body Works Forecasts Tepid Annual Results on Tariffs, Spending Concerns
Bath & Body Works forecast fiscal 2025 net sales growth of to 1 percent to 3 percent, largely below analysts' estimates for a 2.8 percent rise.
Direct-to-Consumer
Warby Parker to Open Target Shop-in-Shops
The digitally native eyewear maker joins Ulta in carving out space inside the big box store. It also reported its highest quarterly growth since 2021.
Warby Parker to Open Target Shop-in-Shops
The digitally native eyewear maker joins Ulta in carving out space inside the big box store. It also reported its highest quarterly growth since 2021.
Beauty
Nivea Maker Beiersdorf Expects Skin Care Growth to Slow
The German cosmetics company, which also makes the pricey skincare and makeup lines La Prairie and Chantecaille, cut its growth forecast for the year ahead, citing softened demand.
Nivea Maker Beiersdorf Expects Skin Care Growth to Slow
The German cosmetics company, which also makes the pricey skincare and makeup lines La Prairie and Chantecaille, cut its growth forecast for the year ahead, citing softened demand.
Retail
Urban Outfitters' Clothing Rental Platform Turns Its First Annual Profit
Rental platform Nuuly reported an operating income of $13.3 million last year, a major benchmark for a concept that’s long been associated with rapid growth and steep losses.
Urban Outfitters' Clothing Rental Platform Turns Its First Annual Profit
Rental platform Nuuly reported an operating income of $13.3 million last year, a major benchmark for a concept that’s long been associated with rapid growth and steep losses.
Retail
TJX Tops Analyst Estimates and Projects Rare Retail Optimism
The company reported stronger-than-expected quarterly results with a revenue of $16.4 billion. It forecast steady growth for fiscal 2026 amid a challenging retail landscape.
TJX Tops Analyst Estimates and Projects Rare Retail Optimism
The company reported stronger-than-expected quarterly results with a revenue of $16.4 billion. It forecast steady growth for fiscal 2026 amid a challenging retail landscape.
Luxury
Farfetch Reached EBITDA Profitability in 2024, Sales Remain Lower Than 2022 Levels
The London-based e-tailer’s adjusted earnings before interest, taxes, amortisation and depreciation hit $30 million after a year under Coupang, a feat for a company that struggled to generate profits as an independent business. But revenue is still well below its 2022 highs.
Farfetch Reached EBITDA Profitability in 2024, Sales Remain Lower Than 2022 Levels
The London-based e-tailer’s adjusted earnings before interest, taxes, amortisation and depreciation hit $30 million after a year under Coupang, a feat for a company that struggled to generate profits as an independent business. But revenue is still well below its 2022 highs.
Beauty
Il Makiage Owner Reports Double-Digit Revenue Growth
Oddity, the parent company of beauty labels SpoiledChild and Il Makiage, reported a revenue surge of 27 percent in its 2024 earnings, alongside plans to invest in its biotech division and develop two new brands.
Il Makiage Owner Reports Double-Digit Revenue Growth
Oddity, the parent company of beauty labels SpoiledChild and Il Makiage, reported a revenue surge of 27 percent in its 2024 earnings, alongside plans to invest in its biotech division and develop two new brands.
Retail
Consumers ‘Under Attack’ Are Pulling Back, Wrangler Maker Says
Kontoor shares sank as much as 16 percent on Tuesday, the most intraday since 2020, after the company gave a 2025 earnings outlook that fell short of analysts’ estimates.
Consumers ‘Under Attack’ Are Pulling Back, Wrangler Maker Says
Kontoor shares sank as much as 16 percent on Tuesday, the most intraday since 2020, after the company gave a 2025 earnings outlook that fell short of analysts’ estimates.
Retail
Crocs Inc. Sales Rise Thanks to China and North America
The company expects continued momentum for its Crocs brand in 2025.
Crocs Inc. Sales Rise Thanks to China and North America
The company expects continued momentum for its Crocs brand in 2025.
Luxury
Mytheresa’s Profits Soar Ahead of Its YNAP Acquisition
The German luxury e-tailer more than doubled its adjusted earnings in its second fiscal quarter that ended in December, providing a glimpse into how it will fare once its deal to acquire its competitor, Yoox-Net-a-Porter, is approved.
Mytheresa’s Profits Soar Ahead of Its YNAP Acquisition
The German luxury e-tailer more than doubled its adjusted earnings in its second fiscal quarter that ended in December, providing a glimpse into how it will fare once its deal to acquire its competitor, Yoox-Net-a-Porter, is approved.
The News in Brief
UK Retail Sales Drop for the First Time in Three Months
Scorching weather and fewer discounts discouraged shoppers and ended a recent rebound in consumer spending as retail sales fell for the first time since April.
Fashion CEO Hunsicker Gets Five Years for $300 Million Fraud
Christine Hunsicker, founder of the fashion-rental and technology company CaaStle Inc., was sentenced to five years in prison for defrauding investors out of $300 million.
Boohoo Fined $2.7 Million by French Watchdog Over Deceptive Discounts
Nearly half of the examined promotions were revealed to be price increases. The Debenhams-owned fast-fashion brand also used terms like ‘leather’ to sell synthetic products.
Report: Shein Postpones IPO to September
Shein has pushed back its market debut following a delay in taking investor orders for its Hong Kong IPO at a reduced valuation, the South China Morning Post reported.
Lululemon Senior Executive Exits in Third Recent Departure
The top communications officer at the company is leaving, adding to the list of executives departing ahead of CEO Heidi O’Neill’s arrival.
Trump Picks White House Ally Overton to Lead Embattled FDA
The US president chose an ally to steady an agency shaken by staff losses, low morale and fights over vaccines and drug approvals.
JD Sports Cuts Outlook as Shoppers Curb Spending on Sneakers
The retailer cut its profit outlook after weaker-than-expected sales in the quarter, as customers grapple with cost-of-living pressures and pull back on discretionary spending.