On Sneaker Brand’s Shares Slump After Sales Disappoint
The Swiss brand's stock tumbled after it posted disappointing second-quarter sales and issued a slightly more cautious sales forecast for the year.
finance
Financial Markets
Perry Ellis Beats 1Q profit Forecasts
Perry Ellis International Inc. on Thursday reported fiscal first-quarter earnings of $9.4 million. The results exceeded Wall Street expectations.
Perry Ellis Beats 1Q profit Forecasts
Perry Ellis International Inc. on Thursday reported fiscal first-quarter earnings of $9.4 million. The results exceeded Wall Street expectations.
Financial Markets
Kohl's Tops 1Q Profit Forecasts
Kohl's Corp. on Thursday reported fiscal first-quarter earnings of $127 million. The results beat Wall Street expectations.
Kohl's Tops 1Q Profit Forecasts
Kohl's Corp. on Thursday reported fiscal first-quarter earnings of $127 million. The results beat Wall Street expectations.
Financial Markets
Macy's Profit Misses Estimates on Strong Dollar, Port Strike
Macy's Inc reported a lower-than-expected quarterly profit due to a strong dollar that hurt foreign tourist spending in the United States and disruptions at West Coast ports that held up imports.
Macy's Profit Misses Estimates on Strong Dollar, Port Strike
Macy's Inc reported a lower-than-expected quarterly profit due to a strong dollar that hurt foreign tourist spending in the United States and disruptions at West Coast ports that held up imports.
Financial Markets
Ralph Lauren Tops Street 4Q Forecasts
Ralph Lauren Corp. on Wednesday reported fiscal fourth-quarter profit of $124 million. The results topped Wall Street expectations.
Ralph Lauren Tops Street 4Q Forecasts
Ralph Lauren Corp. on Wednesday reported fiscal fourth-quarter profit of $124 million. The results topped Wall Street expectations.
Financial Markets
Zalando Q1 Sales Grow 29 Percent on Spring Clothes Demand
Zalando SE’s first-quarter sales rose 29 percent as Europe’s largest online fashion retailer posted a second straight quarterly profit.
Zalando Q1 Sales Grow 29 Percent on Spring Clothes Demand
Zalando SE’s first-quarter sales rose 29 percent as Europe’s largest online fashion retailer posted a second straight quarterly profit.
Financial Markets
A Pricing Conundrum
The Savigny Luxury Index (“SLI”) fell sharply this month, losing more than two percent, driven by disappointing first quarter results.
A Pricing Conundrum
The Savigny Luxury Index (“SLI”) fell sharply this month, losing more than two percent, driven by disappointing first quarter results.
Financial Markets
Elizabeth Arden Reports 3Q Loss
Elizabeth Arden Inc. on Thursday reported a loss of $34.4 million in its fiscal third quarter.
Elizabeth Arden Reports 3Q Loss
Elizabeth Arden Inc. on Thursday reported a loss of $34.4 million in its fiscal third quarter.
Financial Markets
Revlon Reports 1Q Loss
Revlon Inc. on Thursday reported a first-quarter loss of $900,000, after reporting a profit in the same period a year earlier.
Revlon Reports 1Q Loss
Revlon Inc. on Thursday reported a first-quarter loss of $900,000, after reporting a profit in the same period a year earlier.
Financial Markets
Kate Spade Reports 1Q Loss
Kate Spade & Co. on Thursday reported a first-quarter loss of $55.2 million, after reporting a profit in the same period a year earlier.
Kate Spade Reports 1Q Loss
Kate Spade & Co. on Thursday reported a first-quarter loss of $55.2 million, after reporting a profit in the same period a year earlier.
Financial Markets
Coty Beats Street 3Q Forecasts
Coty Inc. on Thursday reported fiscal third-quarter net income of $75.5 million, after reporting a loss in the same period a year earlier.
Coty Beats Street 3Q Forecasts
Coty Inc. on Thursday reported fiscal third-quarter net income of $75.5 million, after reporting a loss in the same period a year earlier.
Financial Markets
Adidas Under Fire From Investors Despite Strong Quarter
Adidas shareholders took aim at the management of the German sportswear company on Thursday, not convinced a new strategy would be enough to challenge the dominance of rival Nike.
Adidas Under Fire From Investors Despite Strong Quarter
Adidas shareholders took aim at the management of the German sportswear company on Thursday, not convinced a new strategy would be enough to challenge the dominance of rival Nike.
Financial Markets
JD.Com Retreats Before Earnings as Chinese Stocks Drop in US
JD.com Inc. slumped the most in three months as investors moved to lock in profits before the company’s earnings report.
JD.Com Retreats Before Earnings as Chinese Stocks Drop in US
JD.com Inc. slumped the most in three months as investors moved to lock in profits before the company’s earnings report.
The News in Brief
Natura Posts 92% Decline in Quarterly Profit
Brazilian cosmetic maker Natura on Monday posted a second-quarter net profit of 35 million reais ($6.85 million), a 92.1 percent decline from the same period in 2025.
Report: Armani Stake Sale Could Be Delayed Beyond March 2027 Deadline
Citing company sources, Italian newspaper Corriere della Sera said market conditions for the luxury industry were still challenging and negotiating a deal could require time.
Shein to Launch IPO as Soon as August 19, Sources Say
The Hong Kong IPO could take place as soon as Wednesday of next week, two people with knowledge of the matter said on Tuesday.
John Lewis Managing Director Quits Job After Less Than Three Years
Peter Ruis' surprise departure comes as the company faces “really tough” trading conditions.
Harvey Nichols Warns It Could Collapse Without Rescue Deal
The upscale department store says it will not be able to survive another year without new investment, as bidders for the chain circle.
Shein IPO Value Could Fall Short of $30 Billion Targeted by Some Investors
Bloomberg Intelligence estimates the ultra-fast fashion retailer supports a valuation of $22 billion to $25 billion, well below the roughly $30 billion valuation some investors have pushed for.
Thom Bettridge to Step Down as I-D Editor in Chief
Global editorial director Steff Yotka will succeed Bettridge, who is leaving to focus on his creative studio Content World.