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
PVH Tops Street 4Q Forecasts
PVH Corp. on Wednesday reported fiscal fourth-quarter earnings of $134.2 million. The results surpassed Wall Street expectations.
PVH Tops Street 4Q Forecasts
PVH Corp. on Wednesday reported fiscal fourth-quarter earnings of $134.2 million. The results surpassed Wall Street expectations.
Financial Markets
SoftBank Group Invests $250 Million in Talent Agency WME-IMG
SoftBank Group Corp., the Japanese telecommunications company, invested $250 million in WME-IMG LLC in a deal that values the sports and entertainment agency at $5.5 billion.
SoftBank Group Invests $250 Million in Talent Agency WME-IMG
SoftBank Group Corp., the Japanese telecommunications company, invested $250 million in WME-IMG LLC in a deal that values the sports and entertainment agency at $5.5 billion.
Financial Markets
Nike’s Third-Quarter Sales Miss Estimates, Hurt by Strong US Dollar
Nike Inc. posted disappointing third-quarter sales and signalled that orders in North America and some overseas markets are increasing more slowly than projected.
Nike’s Third-Quarter Sales Miss Estimates, Hurt by Strong US Dollar
Nike Inc. posted disappointing third-quarter sales and signalled that orders in North America and some overseas markets are increasing more slowly than projected.
Financial Markets
Hermès Full-Year Earnings Beat Estimates, Buoyed by Leather Goods, Japan
Hermès International SCA reported full-year earnings that beat analysts’ estimates, buoyed by sales of leather goods and demand in Japan.
Hermès Full-Year Earnings Beat Estimates, Buoyed by Leather Goods, Japan
Hermès International SCA reported full-year earnings that beat analysts’ estimates, buoyed by sales of leather goods and demand in Japan.
Financial Markets
Alibaba Reaches 3 Trillion Yuan Milestone Even as China Slows
Alibaba Group Holding Ltd. sold 3 trillion yuan ($463 billion) of goods through its online shopping websites in the year ending March, as it moved deeper into the untapped countryside and courted foreign brands.
Alibaba Reaches 3 Trillion Yuan Milestone Even as China Slows
Alibaba Group Holding Ltd. sold 3 trillion yuan ($463 billion) of goods through its online shopping websites in the year ending March, as it moved deeper into the untapped countryside and courted foreign brands.
Financial Markets
Tiffany's Sales Drop 5.6 Percent in Holiday Quarter
Tiffany & Co's sales fell 5.6 percent in the holiday quarter as a strong dollar hurt tourist spending at its stores in the United States and ate into revenue from other markets.
Tiffany's Sales Drop 5.6 Percent in Holiday Quarter
Tiffany & Co's sales fell 5.6 percent in the holiday quarter as a strong dollar hurt tourist spending at its stores in the United States and ate into revenue from other markets.
Financial Markets
Ferragamo Shares Jump in Milan After Earnings Exceed Estimates
Salvatore Ferragamo SpA rose in early Milan trading after reporting quarterly earnings that beat estimates and forecasting “a positive year” amid a tough industry backdrop.
Ferragamo Shares Jump in Milan After Earnings Exceed Estimates
Salvatore Ferragamo SpA rose in early Milan trading after reporting quarterly earnings that beat estimates and forecasting “a positive year” amid a tough industry backdrop.
Financial Markets
Aeropostale Will Explore Strategic Alternatives as Losses Deepen
Aeropostale Inc., the teen-apparel chain working to turn around its falling sales, plans to review strategic alternatives for the business after reporting a wider fourth-quarter loss.
Aeropostale Will Explore Strategic Alternatives as Losses Deepen
Aeropostale Inc., the teen-apparel chain working to turn around its falling sales, plans to review strategic alternatives for the business after reporting a wider fourth-quarter loss.
Financial Markets
Guess Misses 4Q Profit Forecasts
Guess Inc. on Wednesday reported fiscal fourth-quarter earnings of $47.8 million. The results did not meet Wall Street expectations.
Guess Misses 4Q Profit Forecasts
Guess Inc. on Wednesday reported fiscal fourth-quarter earnings of $47.8 million. The results did not meet Wall Street expectations.
Financial Markets
Hugo Boss Keeps Dividend at Last Year’s Level, Below Forecast
Hugo Boss AG said it’s maintaining its dividend at last year’s level following the departure of its chief executive officer last month after a series of profit warnings and strategic mishaps.
Hugo Boss Keeps Dividend at Last Year’s Level, Below Forecast
Hugo Boss AG said it’s maintaining its dividend at last year’s level following the departure of its chief executive officer last month after a series of profit warnings and strategic mishaps.
Financial Markets
Men’s Wearhouse Owner to Close Hundreds of Stores as Sales Slide
Tailored Brands Inc. plans to shutter about 250 locations, including all its outlet stores, as the owner of Men’s Wearhouse and Jos. A. Bank copes with sluggish sales.
Men’s Wearhouse Owner to Close Hundreds of Stores as Sales Slide
Tailored Brands Inc. plans to shutter about 250 locations, including all its outlet stores, as the owner of Men’s Wearhouse and Jos. A. Bank copes with sluggish sales.
Financial Markets
Yoox Net-A-Porter Profit up 26 Percent in 2015
Yoox Net-A-Porter posted a 26 percent increase in 2015 adjusted core profit as sales rose strongly driven by the recently merged group's more exclusive websites.
Yoox Net-A-Porter Profit up 26 Percent in 2015
Yoox Net-A-Porter posted a 26 percent increase in 2015 adjusted core profit as sales rose strongly driven by the recently merged group's more exclusive websites.
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.