Skip to main content
The Business of Fashion

earnings

Luxury

Tod’s Nine-Month Sales Rise More Than Expected

Revenues totalled €724.9 million ($738 million) in the period, above a €716 million forecast in an analyst consensus cited by Intesa Sanpaolo research.

Luxury

Ralph Lauren Beats Sales Estimates as Demand Holds Up

Ralph Lauren Corp on Thursday topped market estimates for quarterly revenue.

Luxury

Tapestry Cuts Annual Sales Forecast on China Hit

Tapestry Inc cut its annual sales forecast on Thursday, as consumers in key luxury market China shun designer handbags and shoes amid new Covid-19 outbreaks and stringent lockdowns.

Luxury

Capri Cuts Sales Forecast on Slow China Recovery

Michael Kors-owner Capri Holdings Ltd lowered its annual sales forecast on Wednesday.

Beauty

Coty Beats Quarterly Revenue Estimates as Beauty Demand Sits Pretty

Coty Inc on Tuesday beat Wall Street estimates for quarterly revenue as higher prices and sturdy demand for its fragrances and cosmetics helped soften the hit from a strong US dollar and the company’s exit from Russia.

Retail

Primark Owner AB Foods Warns of ‘Substantial’ Cost Inflation

Primark owner Associated British Foods faces “substantial and volatile” input cost inflation that will hit results in its current financial year, it said on Tuesday, taking the shine off a 42 percent jump in 2020-21 profit.

Luxury

Hugo Boss Raises Outlook as Revamp Brings in Younger Buyers

Chief executive officer Daniel Grieder is leading efforts to target younger shoppers. New collections presented at the Milan Fashion Week propelled the brand on social media and generated strong demand, buoying third-quarter results.

Retail

Under Armour Cuts Annual Forecasts as Sportswear Demand Slumps

Under Armour Inc cut its annual revenue and profit forecasts on Thursday, as the sporting goods company contends with weakening demand from consumers ahead of the crucial holiday shopping season and a stronger dollar.

Beauty

Estée Lauder Falls After Slashing Outlook on China Weakness

Estée Lauder sees net sales decreasing between 6 percent to 8 percent in the current fiscal year versus the year-ago period.

Retail

Next Sticks to Outlook After Quarterly Sales Rise

Next said on Wednesday it still expected full price sales for the rest of its 2022-23 year to fall 2 percent and a full-year pretax profit up 2.1 percent to £840 million ($967 million).

Luxury

Canada Goose Cuts Full-Year Revenue Forecast on Slump in China Sales

Canada Goose now expects fiscal 2023 adjusted profit to be between C$1.31 and C$1.62 per share, compared with its prior forecast of C$1.60 to C$1.90.

Retail

Puma Confirms Full-Year Outlook, Flags Market Volatility

The German sportswear maker reiterated its full-year operating result and sales outlook, after what it said was the best third quarter in its history.

keyboard_arrow_left

Page 92

keyboard_arrow_right