British Fashion Council to Boost UK Fashion Beyond London
The new national initiative, Fashion Britain, aims to increase growth, innovation and participation in the industry across key cities.
finance
Technology
Shopify Jumps After First-Quarter Revenue, 2016 Outlook Beat
E-commerce software provider Shopify Inc. rose in early trading after it reported first-quarter results that beat analysts’ estimates and boosted its full-year outlook as its mobile business continues to grow.
Shopify Jumps After First-Quarter Revenue, 2016 Outlook Beat
E-commerce software provider Shopify Inc. rose in early trading after it reported first-quarter results that beat analysts’ estimates and boosted its full-year outlook as its mobile business continues to grow.
Financial Markets
Kate Spade Sales Gets Boost from North America Demand
Kate Spade & Co's sales at established stores in the first quarter handily beat analysts' estimates due to higher demand in North America.
Kate Spade Sales Gets Boost from North America Demand
Kate Spade & Co's sales at established stores in the first quarter handily beat analysts' estimates due to higher demand in North America.
Financial Markets
Coty Reports First Profit Miss in Seven Quarters
Perfume maker Coty Inc. reported its first profit miss in seven quarters, hurt by higher costs and weak demand for products such as Sally Hansen nail polishes in the United States.
Coty Reports First Profit Miss in Seven Quarters
Perfume maker Coty Inc. reported its first profit miss in seven quarters, hurt by higher costs and weak demand for products such as Sally Hansen nail polishes in the United States.
Financial Markets
Smashbox and MAC Add Shine to Estée Lauder Profit
Cosmetics maker Estée Lauder reported a better-than-expected quarterly profit, helped by strong demand for its MAC and Smashbox makeup brands in its international markets.
Smashbox and MAC Add Shine to Estée Lauder Profit
Cosmetics maker Estée Lauder reported a better-than-expected quarterly profit, helped by strong demand for its MAC and Smashbox makeup brands in its international markets.
Financial Markets
Hugo Boss to Cut Rent Costs After Weak First Quarter
German fashion house Hugo Boss will seek to cut costs by renegotiating store rents after it reported lower-than-expected sales and profits for the first quarter.
Hugo Boss to Cut Rent Costs After Weak First Quarter
German fashion house Hugo Boss will seek to cut costs by renegotiating store rents after it reported lower-than-expected sales and profits for the first quarter.
Financial Markets
Black Diamond Reports 1Q Loss
Black Diamond Inc. reported a loss of $4 million in its first quarter.
Black Diamond Reports 1Q Loss
Black Diamond Inc. reported a loss of $4 million in its first quarter.
Financial Markets
Puma Confirms Guidance for Busy Sports Year
German sportswear firm Puma confirmed a cautious outlook for sales and profitability in 2016, saying a busy sports calendar and a booming women's business should help it offset the negative currency impacts.
Puma Confirms Guidance for Busy Sports Year
German sportswear firm Puma confirmed a cautious outlook for sales and profitability in 2016, saying a busy sports calendar and a booming women's business should help it offset the negative currency impacts.
Financial Markets
Nu Skin Beats 1Q Profit Forecasts
Nu Skin Enterprises Inc. has reported first-quarter earnings of $3.3 million. On a per-share basis, the Provo, Utah-based company said it had profit of six cents.
Nu Skin Beats 1Q Profit Forecasts
Nu Skin Enterprises Inc. has reported first-quarter earnings of $3.3 million. On a per-share basis, the Provo, Utah-based company said it had profit of six cents.
Financial Markets
Amazon Profit Tops Estimates as Delivery Options Fuel Growth
Amazon.com Inc.’s sales and profit topped estimates on robust demand for quick-turnaround delivery and gadgets like the Kindle and Echo, adding to evidence the e-commerce giant can make money even as it invests heavily in future hardware, software and entertainment.
Amazon Profit Tops Estimates as Delivery Options Fuel Growth
Amazon.com Inc.’s sales and profit topped estimates on robust demand for quick-turnaround delivery and gadgets like the Kindle and Echo, adding to evidence the e-commerce giant can make money even as it invests heavily in future hardware, software and entertainment.
Financial Markets
Hermès Sales Growth Slows on China, Europe Attacks
Hermès said sales growth slowed after attacks in Brussels and Paris put off some tourists and an economic slowdown in China weighed on demand.
Hermès Sales Growth Slows on China, Europe Attacks
Hermès said sales growth slowed after attacks in Brussels and Paris put off some tourists and an economic slowdown in China weighed on demand.
Financial Markets
Adidas Raises 2016 Guidance After First-Quarter Earnings Jump
Adidas hiked its guidance for 2016 sales and earnings a second time as it reported a 38 percent jump in quarterly underlying profit, citing strong brand momentum.
Adidas Raises 2016 Guidance After First-Quarter Earnings Jump
Adidas hiked its guidance for 2016 sales and earnings a second time as it reported a 38 percent jump in quarterly underlying profit, citing strong brand momentum.
Financial Markets
Ebay Attracts More Shoppers, Earnings Beat Expectations
Ebay Inc has reported better-than-expected quarterly earnings and has raised its full-year revenue forecast as a revamped shopping platform attracting more buyers, mitigating growth concerns following its spinoff of PayPal Holdings Inc.
Ebay Attracts More Shoppers, Earnings Beat Expectations
Ebay Inc has reported better-than-expected quarterly earnings and has raised its full-year revenue forecast as a revamped shopping platform attracting more buyers, mitigating growth concerns following its spinoff of PayPal Holdings Inc.
The News in Brief
Hermès’ Chief Watches China’s Pork Prices to Gauge Luxury Demand
When it comes to gauging the possibility of a sales rebound for his luxury group in China, Hermès executive chairman Axel Dumas turns to an unusual metric.
Hermès Sales Climb, Boosted by US
Hermès second quarter sales rose 7 percent, lifted by a recovery in tourism in Europe and strong demand in the US.
Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.