Over the past six quarters, TJX has kept prices low to attract shoppers who are worried about spending in an inflationary environment.
Over the past six quarters, TJX has kept prices low to attract shoppers who are worried about spending in an inflationary environment.
Undermining cost-saving efforts under new CEO Tony Spring, Macy’s has been forced to offer more discounts in some categories to attract lower and middle-income consumers struggling with high borrowing costs.
Undermining cost-saving efforts under new CEO Tony Spring, Macy’s has been forced to offer more discounts in some categories to attract lower and middle-income consumers struggling with high borrowing costs.
Coty’s fourth-quarter net revenue rose nearly 1 percent to $1.36 billion, missing LSEG estimates of $1.38 billion.
Coty’s fourth-quarter net revenue rose nearly 1 percent to $1.36 billion, missing LSEG estimates of $1.38 billion.
The Finnish sports conglomerate said sales at its Arc’teryx and Salomon brands grew by double-digit percentages.
The Finnish sports conglomerate said sales at its Arc’teryx and Salomon brands grew by double-digit percentages.
The retailer increased its full-year sales forecast to 4.75 percent after reporting strong consumer demand for essentials, boosting shares by 7 percent in premarket trading.
The retailer increased its full-year sales forecast to 4.75 percent after reporting strong consumer demand for essentials, boosting shares by 7 percent in premarket trading.
Tapestry Inc.’s shares surged 9.2 percent after its earnings surpassed expectations, driven by strong results and continued price increases.
Tapestry Inc.’s shares surged 9.2 percent after its earnings surpassed expectations, driven by strong results and continued price increases.
Alibaba Group Holding’s domestic e-commerce sales came under pressure from cautious spending by Chinese consumers in a faltering economy.
Alibaba Group Holding’s domestic e-commerce sales came under pressure from cautious spending by Chinese consumers in a faltering economy.
A mid-year sales festival and aggressive price cuts helped drive more cost-sensitive consumers to the Chinese e-commerce platform.
A mid-year sales festival and aggressive price cuts helped drive more cost-sensitive consumers to the Chinese e-commerce platform.
Singapore-based Sea boosted its sales forecast for its online retailing arm, Shopee, as it battles fierce competition from TikTok and Lazada.
Singapore-based Sea boosted its sales forecast for its online retailing arm, Shopee, as it battles fierce competition from TikTok and Lazada.
The Swiss sneaker giant reported record revenues and soaring profits in its second fiscal quarter.
The Swiss sneaker giant reported record revenues and soaring profits in its second fiscal quarter.
The company said its operating profit rose to 1.34 billion Danish crowns ($196.25 million) in the second quarter from 1.19 billion a year earlier.
The company said its operating profit rose to 1.34 billion Danish crowns ($196.25 million) in the second quarter from 1.19 billion a year earlier.
This week, Coach owner Tapestry reports full-year results amid a slowing US economy and stalled takeover bid for Michael Kors parent Capri.
This week, Coach owner Tapestry reports full-year results amid a slowing US economy and stalled takeover bid for Michael Kors parent Capri.
The brand plans to buy back more than €800 million ($932 million) of stock, seeking to bolster investor confidence after a slide in its shares and the exit of an heir of the eyewear maker’s founder from his management roles.
The beauty retailer’s fiscal second-quarter growth was driven by fragrance, K-beauty and store expansion, said CEO Kecia Steelman.
Jane Ewing, who was most recently interim chief executive officer for Sam’s Club in China, will join Nike on Sept. 7.
Former Target and Walmart veteran Michael Francis, known in the industry as a marketing guru, will succeed current Old Navy CEO Horacio Barbeito on Nov. 2.
The low-cost clothing brand opened its first UK store in Liverpool on Thursday, with shops in Newcastle and Essex due to follow later this year.
The UK fashion trade body has yet to name a successor.
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 attempt showed some progress after the retailer raised its annual earnings outlook, but it still doesn’t see sales growth this year.