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
Quiksilver Reports 4Q Loss
Quiksilver Inc. on Thursday reported a fiscal fourth-quarter loss of $51.6 million. The results missed Wall Street expectations.
Quiksilver Reports 4Q Loss
Quiksilver Inc. on Thursday reported a fiscal fourth-quarter loss of $51.6 million. The results missed Wall Street expectations.
Financial Markets
Inditex Nine-Month Profit Rises as New Stores Beat Mild Weather
MADRID, Spain — Inditex SA, the world's largest clothing retailer, reported nine-month profit in line with estimates as the company continued to add
Inditex Nine-Month Profit Rises as New Stores Beat Mild Weather
MADRID, Spain — Inditex SA, the world's largest clothing retailer, reported nine-month profit in line with estimates as the company continued to add
Financial Markets
Asos Misses Estimates as International Revenue Declines
Asos Plc, the U.K.’s largest online- only fashion retailer, reported lower first-quarter sales growth than analysts anticipated as trading conditions abroad “remained challenging.”
Asos Misses Estimates as International Revenue Declines
Asos Plc, the U.K.’s largest online- only fashion retailer, reported lower first-quarter sales growth than analysts anticipated as trading conditions abroad “remained challenging.”
Financial Markets
Prada 3Q Profit Drops 44%, More Than Analysts Expected
MILAN, Italy — Prada SpA reported a 44 percent drop in third-quarter profit as weaker spending by wealthy Chinese consumers weighed on the
Prada 3Q Profit Drops 44%, More Than Analysts Expected
MILAN, Italy — Prada SpA reported a 44 percent drop in third-quarter profit as weaker spending by wealthy Chinese consumers weighed on the
Financial Markets
Gap Inc. November Sales Jump 6%
Gap Inc. said late Thursday that a key revenue metric rose 6 percent in November, as surging sales at its low-priced Old Navy chain offset sluggish sales at its namesake business.
Gap Inc. November Sales Jump 6%
Gap Inc. said late Thursday that a key revenue metric rose 6 percent in November, as surging sales at its low-priced Old Navy chain offset sluggish sales at its namesake business.
Financial Markets
L Brands November Sales Rise 8%
L Brands, whose brands include Victoria's Secret, Bath & Body Works and others, said that sales at stores open at least a year rose 8 percent in November. This easily topped analysts' estimates.
L Brands November Sales Rise 8%
L Brands, whose brands include Victoria's Secret, Bath & Body Works and others, said that sales at stores open at least a year rose 8 percent in November. This easily topped analysts' estimates.
Financial Markets
Sears Loss Widens to $548M as Sales Slide Continues
Sears Holdings Corp., the department- store chain controlled by hedge fund manager Edward Lampert, posted its 10th straight quarterly loss as sales continued to decline.
Sears Loss Widens to $548M as Sales Slide Continues
Sears Holdings Corp., the department- store chain controlled by hedge fund manager Edward Lampert, posted its 10th straight quarterly loss as sales continued to decline.
Financial Markets
Aeropostale Reports 3Q Loss
Aeropostale Inc. on Wednesday reported a loss of $52.3 million in its fiscal third quarter. On a per-share basis, the New York-based company said it had a loss of 66 cents.
Aeropostale Reports 3Q Loss
Aeropostale Inc. on Wednesday reported a loss of $52.3 million in its fiscal third quarter. On a per-share basis, the New York-based company said it had a loss of 66 cents.
Financial Markets
Guess Beats 3Q Profit Forecasts
Guess Inc. on Wednesday reported fiscal third-quarter net income of $20.8 million. The results topped Wall Street expectations.
Guess Beats 3Q Profit Forecasts
Guess Inc. on Wednesday reported fiscal third-quarter net income of $20.8 million. The results topped Wall Street expectations.
Financial Markets
PVH Tops 3Q Profit View
NEW YORK, United States — PVH Corp. (PVH) on Wednesday reported profit of $225.7 million in its fiscal third quarter.
PVH Tops 3Q Profit View
NEW YORK, United States — PVH Corp. (PVH) on Wednesday reported profit of $225.7 million in its fiscal third quarter.
Financial Markets
Mulberry Reports First-Half Loss After Abandoning Move Up-Market
Mulberry Group Plc, the troubled luxury handbag maker, reported a first-half loss as a failed attempt to move upmarket continued to weigh on the company’s performance.
Mulberry Reports First-Half Loss After Abandoning Move Up-Market
Mulberry Group Plc, the troubled luxury handbag maker, reported a first-half loss as a failed attempt to move upmarket continued to weigh on the company’s performance.
Financial Markets
Zalando Regains IPO Price as Online Retailer Nears Profitability
Zalando SE traded above its initial public offering price for the first time since last month’s stock market debut after Europe’s largest online fashion retailer forecast it will end the year “slightly profitable.”
Zalando Regains IPO Price as Online Retailer Nears Profitability
Zalando SE traded above its initial public offering price for the first time since last month’s stock market debut after Europe’s largest online fashion retailer forecast it will end the year “slightly profitable.”
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.