Another Lululemon Executive Exits Ahead of Incoming CEO
The departure of AI chief Ranju Das after less than a year in the role comes shortly after the chief strategy officer exited ahead of new chief executive Heidi O'Neill joining in September.
finance
Financial Markets
Kate Spade Reports 3Q Loss
Kate Spade & Co. on Thursday reported a loss of $9.1 million in its third quarter.
Kate Spade Reports 3Q Loss
Kate Spade & Co. on Thursday reported a loss of $9.1 million in its third quarter.
Financial Markets
Hermès Tops Estimates on Strong Demand for Leather Goods
Hermès reported third-quarter sales that beat analysts’ estimates on strong demand for leather goods in Asia and the Americas.
Hermès Tops Estimates on Strong Demand for Leather Goods
Hermès reported third-quarter sales that beat analysts’ estimates on strong demand for leather goods in Asia and the Americas.
Financial Markets
Marks & Spencer Clothing Sales Worsen to Keep Heat on Bolland
Marks & Spencer Group Plc reported a worsening drop in non-food sales, adding to the pressure on Chief Executive Officer Marc Bolland in his fifth year at the helm.
Marks & Spencer Clothing Sales Worsen to Keep Heat on Bolland
Marks & Spencer Group Plc reported a worsening drop in non-food sales, adding to the pressure on Chief Executive Officer Marc Bolland in his fifth year at the helm.
Financial Markets
L’Oreal Sales Miss Estimates on Weak Consumer Spending in Europe
L’Oreal SA, the world’s largest cosmetics maker, reported third-quarter sales that trailed estimates as demand for Maybelline New York makeup and other consumer products slowed in western Europe.
L’Oreal Sales Miss Estimates on Weak Consumer Spending in Europe
L’Oreal SA, the world’s largest cosmetics maker, reported third-quarter sales that trailed estimates as demand for Maybelline New York makeup and other consumer products slowed in western Europe.
Financial Markets
L Brands Rises After Boosting Third-Quarter Profit Forecast
L Brands Inc. rose in late trading after the retailer increased its third-quarter profit forecast.
L Brands Rises After Boosting Third-Quarter Profit Forecast
L Brands Inc. rose in late trading after the retailer increased its third-quarter profit forecast.
Financial Markets
Hugo Boss Lowers Sales, Profit Forecasts on Slowdown in Europe
FRANKFURT, Germany — Hugo Boss AG, the German fashion house whose artistic director has clothed Michelle Obama, lowered its sales and operating
Hugo Boss Lowers Sales, Profit Forecasts on Slowdown in Europe
FRANKFURT, Germany — Hugo Boss AG, the German fashion house whose artistic director has clothed Michelle Obama, lowered its sales and operating
Financial Markets
Rocket Internet IPO Propped Up By Underwriting Bank
Proceeds from the listing of Rocket Internet shares were lowered to around 1.4 billion euros ($1.75 bln), from an initially targeted 1.6 billion euros, regulatory filings to the Frankfurt Stock Exchange late on Friday show.
Rocket Internet IPO Propped Up By Underwriting Bank
Proceeds from the listing of Rocket Internet shares were lowered to around 1.4 billion euros ($1.75 bln), from an initially targeted 1.6 billion euros, regulatory filings to the Frankfurt Stock Exchange late on Friday show.
Financial Markets
Ralph Lauren Posts Upbeat Q2 Earnings
NEW YORK, United States — Ralph Lauren Corp. on Wednesday reported fiscal second-quarter earnings of $201 million.
Ralph Lauren Posts Upbeat Q2 Earnings
NEW YORK, United States — Ralph Lauren Corp. on Wednesday reported fiscal second-quarter earnings of $201 million.
Financial Markets
Next Cuts Full-Year Forecast as Quarterly Sales Miss Estimates
Next Plc, the U.K.’s second-largest clothing retailer, cut its full-year forecasts as an extended period of unseasonably warm weather led shoppers to delay updating their wardrobes.
Next Cuts Full-Year Forecast as Quarterly Sales Miss Estimates
Next Plc, the U.K.’s second-largest clothing retailer, cut its full-year forecasts as an extended period of unseasonably warm weather led shoppers to delay updating their wardrobes.
Financial Markets
6 Emerging Fashion Brands Worth Investing In
In the last two years, emerging fashion brands like Christopher Kane, Altuzarra, JW Anderson, Nicholas Kirkwood and Roksanda have attracted a flurry of investment. Who’s next? BoF identifies the young fashion labels we would bet on, based on their commercial and creative potential.
6 Emerging Fashion Brands Worth Investing In
In the last two years, emerging fashion brands like Christopher Kane, Altuzarra, JW Anderson, Nicholas Kirkwood and Roksanda have attracted a flurry of investment. Who’s next? BoF identifies the young fashion labels we would bet on, based on their commercial and creative potential.
The News in Brief
Court Lets Trump Halt Tariff Exemption for Low-Cost Goods
In a decision on Thursday, a US trade court refused to disturb executive orders that lifted the ‘de minimis’ exemption for goods with a retail value of $800 or less.
Samsonite Buys Stake in Béis for $178.5 Million
Founder and actress Shay Mitchell will retain a 15 percent stake in Béis, which will become a Samsonite subsidiary after the deal closes.
Tapestry Forecasts Strong Annual Profit as Coach Remains Hot
Resilient demand for Coach bags among young and affluent shoppers helped buoy the group, but weakness at Kate Spade led the company to forecast muted annual revenue.
US Seeks Sentence for Founder of Fashion-Tech Company CaaStle
Prosecutors compared Christine Hunsicker to Elizabeth Holmes as they sought a 12.5 year prison sentence in the $300 million securities fraud case.
Shein Loses UK Copyright Lawsuit Against Temu Over Clothing Photos
The ultra-fast fashion platform lost the first round of a London legal battle against its rival for alleged copyright infringement in relation to photos of some of its products.
Birkenstock Nudges Forecast Higher on Solid Sandal Demand
The German brand bumped its sales forecast to the upper limit of its target range and posted strong quarterly earnings as consumers snapped up its sandals and clogs.
Richemont’s Panerai Brand Gets No Relief From Luxury Watch Revival
As the secondary market for timepieces rebounds, Cartier is grabbing buyer attention and there’s renewed enthusiasm around Vacheron Constantin, throwing the lack of interest in Panerai into stark contrast.