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Retail

Affirm Shares Surge After Quarterly Results Beat Estimates

Shares of Affirm Holdings surged by nearly 25 percent on Thursday as strong demand for the buy-now-pay-later (BNPL) lender’s services and higher interest rates underpinned quarterly results.

Retail

Affirm Shares Surge After Quarterly Results Beat Estimates

Shares of Affirm Holdings surged by nearly 25 percent on Thursday as strong demand for the buy-now-pay-later (BNPL) lender’s services and higher interest rates underpinned quarterly results.


Luxury

As Luxury Softens, Swarovski Bets on Fifth Avenue, Kim Kardashian

Swarovski Chief Executive Officer Alexis Nasard expects sales growth to remain relatively unchanged or even to decline.

Luxury

As Luxury Softens, Swarovski Bets on Fifth Avenue, Kim Kardashian

Swarovski Chief Executive Officer Alexis Nasard expects sales growth to remain relatively unchanged or even to decline.


Luxury

Tapestry Cuts 2024 Sales View on Slowing Demand

Shares of the Coach parent fell 1.7 percent before the bell despite its profit exceeding market expectations. They have lost nearly 30 percent of their value this year.

Luxury

Tapestry Cuts 2024 Sales View on Slowing Demand

Shares of the Coach parent fell 1.7 percent before the bell despite its profit exceeding market expectations. They have lost nearly 30 percent of their value this year.


Direct-to-Consumer

Allbirds Sees Continued Drops in Sales, Profits

Allbirds sales and profits have slipped amid its ongoing plan to streamline its business.

Direct-to-Consumer

Allbirds Sees Continued Drops in Sales, Profits

Allbirds sales and profits have slipped amid its ongoing plan to streamline its business.


Retail

The RealReal Shares Skyrocket After Profitability Update

The luxury resale platform’s stock soared 30 percent on Wednesday.

Retail

The RealReal Shares Skyrocket After Profitability Update

The luxury resale platform’s stock soared 30 percent on Wednesday.


Retail

EBay Falls After Holiday Revenue Outlook Misses Estimates

EBay Inc. issued a bleak revenue outlook for the busy holiday quarter.

Retail

EBay Falls After Holiday Revenue Outlook Misses Estimates

EBay Inc. issued a bleak revenue outlook for the busy holiday quarter.


Direct-to-Consumer

Warby Parker’s Profits Slip Amid Store, Category Expansion

Warby Parker’s revenue jumped 14 percent to $170 million in the third quarter of the year, an increase propelled by 11 new store openings, product launches and higher sales of its contact lenses. But the company’s stock price still fell over 20 percent after the earnings release, as gross margins dropped to 55 percent from 57 percent a year earlier.

Direct-to-Consumer

Warby Parker’s Profits Slip Amid Store, Category Expansion

Warby Parker’s revenue jumped 14 percent to $170 million in the third quarter of the year, an increase propelled by 11 new store openings, product launches and higher sales of its contact lenses. But the company’s stock price still fell over 20 percent after the earnings release, as gross margins dropped to 55 percent from 57 percent a year earlier.


Luxury

Ralph Lauren Beats Sales Estimates on Steady Demand

Ralph Lauren beat Wall Street estimates for quarterly revenue on Wednesday as its younger, more affluent customer base continued to snap up its pricey shirts and sweaters in the US.

Luxury

Ralph Lauren Beats Sales Estimates on Steady Demand

Ralph Lauren beat Wall Street estimates for quarterly revenue on Wednesday as its younger, more affluent customer base continued to snap up its pricey shirts and sweaters in the US.


Beauty

Oddity Tech Raises Full-Year Growth Outlook

The parent company of makeup brand Il Makiage and Gen-Z skin care brand SpoiledChild reported $94 million in net revenue in the third quarter ending Sept. 30.

Beauty

Oddity Tech Raises Full-Year Growth Outlook

The parent company of makeup brand Il Makiage and Gen-Z skin care brand SpoiledChild reported $94 million in net revenue in the third quarter ending Sept. 30.


Beauty

Olaplex’s Sales Continue to Plunge

The bond building leader reported a 30 percent decline in net sales in the third quarter ending Sept. 30.

Beauty

Olaplex’s Sales Continue to Plunge

The bond building leader reported a 30 percent decline in net sales in the third quarter ending Sept. 30.


Retail

Shein Targets Up to $90 Billion Valuation in US IPO, Sources Say

Shein is touting its hopes for a valuation of as much as $90 billion as it lays the groundwork for an eventual US initial public offering.

Retail

Shein Targets Up to $90 Billion Valuation in US IPO, Sources Say

Shein is touting its hopes for a valuation of as much as $90 billion as it lays the groundwork for an eventual US initial public offering.


Retail

Primark Owner Sees Bigger Fashion Profit as Inflation Fades

Primark’s adjusted operating profit margin will exceed 10 percent this year, and just how high it’ll get depends on consumer demand, owner AB Foods said Tuesday, citing a recovery.

Retail

Primark Owner Sees Bigger Fashion Profit as Inflation Fades

Primark’s adjusted operating profit margin will exceed 10 percent this year, and just how high it’ll get depends on consumer demand, owner AB Foods said Tuesday, citing a recovery.