Skip to main content

earnings

Retail

JD Sports’ Profit to Top £1 Billion This Year

The group reported profit before tax and exceptional items for the year to Jan. 28 of £991.4 million.

Retail

JD Sports’ Profit to Top £1 Billion This Year

The group reported profit before tax and exceptional items for the year to Jan. 28 of £991.4 million.


Retail

Boohoo Profit Halves as Shoppers Face Squeeze

Boohoo said on Tuesday it made adjusted earnings before interest, tax, depreciation and amortisation (EBITDA), its key profit measure, of £63.3 million ($79.9 million) in the year to Feb. 28, slightly ahead of analysts’ consensus forecast of £62.1 million but down from the £125.1 million made in 2021-22.

Retail

Boohoo Profit Halves as Shoppers Face Squeeze

Boohoo said on Tuesday it made adjusted earnings before interest, tax, depreciation and amortisation (EBITDA), its key profit measure, of £63.3 million ($79.9 million) in the year to Feb. 28, slightly ahead of analysts’ consensus forecast of £62.1 million but down from the £125.1 million made in 2021-22.


Beauty

THG Shares Fall After Failed Takeover Talks With Apollo

THG has ended talks about a possible takeover bid by Apollo, saying the private equity company’s offer is an inadequate valuation of the online retail tech company.

Beauty

THG Shares Fall After Failed Takeover Talks With Apollo

THG has ended talks about a possible takeover bid by Apollo, saying the private equity company’s offer is an inadequate valuation of the online retail tech company.


Sports

Adidas Will Sell Its Yeezy Inventory

At its annual meeting Thursday, the company confirmed plans to sell its remaining stock of Yeezy sneakers rather than destroy the merchandise. Adidas also told investors that an investigation into Ye’s workplace misconduct did not substantiate claims of harassment.

Sports

Adidas Will Sell Its Yeezy Inventory

At its annual meeting Thursday, the company confirmed plans to sell its remaining stock of Yeezy sneakers rather than destroy the merchandise. Adidas also told investors that an investigation into Ye’s workplace misconduct did not substantiate claims of harassment.


Luxury

Tapestry Lifts Forecast as Coach Bags Defy US Luxury Gloom

Tapestry Inc raised its annual profit forecast on Thursday, betting that price increases, strong demand for its Coach handbags and a sharp rebound in China would shield it from a wider slowdown in US luxury purchases.

Luxury

Tapestry Lifts Forecast as Coach Bags Defy US Luxury Gloom

Tapestry Inc raised its annual profit forecast on Thursday, betting that price increases, strong demand for its Coach handbags and a sharp rebound in China would shield it from a wider slowdown in US luxury purchases.


Luxury

Prada’s Q1 Revenues Jump 22 Percent, Surpassing €1 Billion

Prada reported a strong rebound in Asia and shook off fears of a US slowdown.

Luxury

Prada’s Q1 Revenues Jump 22 Percent, Surpassing €1 Billion

Prada reported a strong rebound in Asia and shook off fears of a US slowdown.


China

JD.com Beats Estimates for Quarterly Revenue

US-listed shares of the Beijing-based company rose nearly 4 percent in trading before the bell.

China

JD.com Beats Estimates for Quarterly Revenue

US-listed shares of the Beijing-based company rose nearly 4 percent in trading before the bell.


Direct-to-Consumer

At Warby Parker and Allbirds, Signs of Progress

The eyewear maker’s results were consistent with its recent outings. Sales rose 12 percent year-over-year in the first quarter of the year on the strength of its growing store fleet. It also decreased its losses by $23 million and increased its adjusted earnings before interest and taxes by $17 million.

Direct-to-Consumer

At Warby Parker and Allbirds, Signs of Progress

The eyewear maker’s results were consistent with its recent outings. Sales rose 12 percent year-over-year in the first quarter of the year on the strength of its growing store fleet. It also decreased its losses by $23 million and increased its adjusted earnings before interest and taxes by $17 million.


Retail

ThredUp and The RealReal Inch Closer to Profitability

Despite making progress on their respective profitability goals, investors for both online resale sites were hardly impressed Tuesday afternoon when the companies reported first-quarter earnings.

Retail

ThredUp and The RealReal Inch Closer to Profitability

Despite making progress on their respective profitability goals, investors for both online resale sites were hardly impressed Tuesday afternoon when the companies reported first-quarter earnings.


Workplace & Talent

Robert Triefus Appointed Stone Island CEO

After nearly 15 years at Gucci, the executive will join the Moncler Group-owned Italian label on June 1.

Workplace & Talent

Robert Triefus Appointed Stone Island CEO

After nearly 15 years at Gucci, the executive will join the Moncler Group-owned Italian label on June 1.


Retail

Zalando Nears Break Even in Quarter Amid Profitability Push

The Berlin-based e-commerce platform reported an adjusted loss before interest and taxes of €700,000 ($776,000) for the period, Zalando said in a statement Thursday.

Retail

Zalando Nears Break Even in Quarter Amid Profitability Push

The Berlin-based e-commerce platform reported an adjusted loss before interest and taxes of €700,000 ($776,000) for the period, Zalando said in a statement Thursday.


Luxury

Hugo Boss Lifts Profit Outlook After Q1 Sales Jump

The company expects its operating profit (EBIT) to rise between 10 percent and 20 percent to €370-400 million ($410-$443 million) in 2023, compared with the previously expected 5 percent to 12 percent growth.

Luxury

Hugo Boss Lifts Profit Outlook After Q1 Sales Jump

The company expects its operating profit (EBIT) to rise between 10 percent and 20 percent to €370-400 million ($410-$443 million) in 2023, compared with the previously expected 5 percent to 12 percent growth.