Supergoop Announces Chief Commercial Officer
The sunscreen label has appointed former Coty executive Jamie Parker to the newly created role as it gears up to become a “global skin health company.”
finance
Financial Markets
UK Retailer JD Sports' Full-Year Profit Beats Expectations
British retailer JD Sports Fashion Plc reported a 57 percent jump in full-year headline profit before tax and exceptional items, as sales of sports and fashion products continued to surge on the UK high street.
UK Retailer JD Sports' Full-Year Profit Beats Expectations
British retailer JD Sports Fashion Plc reported a 57 percent jump in full-year headline profit before tax and exceptional items, as sales of sports and fashion products continued to surge on the UK high street.
Financial Markets
Rocket Internet Vows to Limit Losses After 2015 Cash Burn
German e-commerce firm Rocket Internet said it was on track to make three of its start-ups profitable by the end of 2017, and its losses should have peaked last year when its companies burned through 1 billion euros ($1.1 billion).
Rocket Internet Vows to Limit Losses After 2015 Cash Burn
German e-commerce firm Rocket Internet said it was on track to make three of its start-ups profitable by the end of 2017, and its losses should have peaked last year when its companies burned through 1 billion euros ($1.1 billion).
Financial Markets
Fewer Paris Tourists and DKNY Shift Hit LVMH's Fashion and Leather
LVMH has announced their poor performance in fashion and leather goods being due to lower tourist spending on big brands such as Louis Vuitton in France and the ending of some DKNY lines.
Fewer Paris Tourists and DKNY Shift Hit LVMH's Fashion and Leather
LVMH has announced their poor performance in fashion and leather goods being due to lower tourist spending on big brands such as Louis Vuitton in France and the ending of some DKNY lines.
Financial Markets
Perry Ellis Reports 4Q Loss
Perry Ellis International Inc. has reported a loss of $17.7 million in its fiscal fourth quarter.
Perry Ellis Reports 4Q Loss
Perry Ellis International Inc. has reported a loss of $17.7 million in its fiscal fourth quarter.
Financial Markets
LVMH Shares Fall, Dragging Down Rivals
European shares have fallen with luxury good stocks among the worst performers after France's LVMH posted first quarter sales below forecasts.
LVMH Shares Fall, Dragging Down Rivals
European shares have fallen with luxury good stocks among the worst performers after France's LVMH posted first quarter sales below forecasts.
Financial Markets
Sports Direct Buys Oxford Street Freehold for Fashion Flagship
Retailer Sports Direct International has announced it will buy the freehold of a property in London's Oxford Street for 108 million pounds for use as a flagship store for its FLANNELS.com fashion brand and offices.
Sports Direct Buys Oxford Street Freehold for Fashion Flagship
Retailer Sports Direct International has announced it will buy the freehold of a property in London's Oxford Street for 108 million pounds for use as a flagship store for its FLANNELS.com fashion brand and offices.
Financial Markets
Under Armour Drops After Jordan Spieth Loses Masters
Shares of sports apparel maker Under Armour dropped nearly 6 percent after defending champion Jordan Spieth lost the Masters golf tournament in a shocking meltdown.
Under Armour Drops After Jordan Spieth Loses Masters
Shares of sports apparel maker Under Armour dropped nearly 6 percent after defending champion Jordan Spieth lost the Masters golf tournament in a shocking meltdown.
Financial Markets
Prada Store Closures to Offset Openings and Shield Profit Margins
Prada will offset new shop openings with selective closures this year and the next in an effort to shield profit margins from weaker demand.
Prada Store Closures to Offset Openings and Shield Profit Margins
Prada will offset new shop openings with selective closures this year and the next in an effort to shield profit margins from weaker demand.
Financial Markets
LVMH First-Quarter Sales Miss Forecasts, Says France Remains Weak
LVMH on Monday posted first-quarter sales below forecasts as tourist shopping in key markets such as France and Hong Kong remained low.
LVMH First-Quarter Sales Miss Forecasts, Says France Remains Weak
LVMH on Monday posted first-quarter sales below forecasts as tourist shopping in key markets such as France and Hong Kong remained low.
Financial Markets
H&M Q1 Profit Hit by Markdowns and Currency Effects
Hennes & Mauritz posted a 30 percent drop in first-quarter pretax profit on Wednesday due to markdowns and a stronger US dollar, although the results were slightly better than expected.
H&M Q1 Profit Hit by Markdowns and Currency Effects
Hennes & Mauritz posted a 30 percent drop in first-quarter pretax profit on Wednesday due to markdowns and a stronger US dollar, although the results were slightly better than expected.
Financial Markets
Swiss Retailers Feel Lingering Pain from Currency Shock
Last year's 2 billion Swiss franc ($2.1 billion) drop marked the worst retail sales tumble since recordkeeping began in 1980.
Swiss Retailers Feel Lingering Pain from Currency Shock
Last year's 2 billion Swiss franc ($2.1 billion) drop marked the worst retail sales tumble since recordkeeping began in 1980.
Financial Markets
Hudson's Bay Profit Misses as Costs Rise
Department store operator Hudson's Bay Co reported a smaller-than-expected quarterly profit as expenses soared and sales at established Saks Fifth Avenue stores dropped.
Hudson's Bay Profit Misses as Costs Rise
Department store operator Hudson's Bay Co reported a smaller-than-expected quarterly profit as expenses soared and sales at established Saks Fifth Avenue stores dropped.
The News in Brief
Mytheresa Owner’s Sales Rise as Ultra Wealthy Keep Shopping
LuxExperience posted a rise in sales as the luxury multibrand platform’s strategy of catering to the ultra wealthy helped it navigate a difficult environment for high-end fashion.
The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.