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.
United States
Latest News & Analysis
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.
News & Analysis
Victoria’s Secret CEO Resigns, With L Brands’ Chief Taking Reins
Sharen Jester Turney, who has run Victoria’s Secret for the past decade, is stepping down from the L Brands Inc. division, leaving chief executive officer Les Wexner directly in charge of his company’s biggest business.
Victoria’s Secret CEO Resigns, With L Brands’ Chief Taking Reins
Sharen Jester Turney, who has run Victoria’s Secret for the past decade, is stepping down from the L Brands Inc. division, leaving chief executive officer Les Wexner directly in charge of his company’s biggest business.
Financial Markets
Aeropostale Reports 3Q Loss
Aeropostale Inc. on Wednesday reported a loss of $26.4 million in its fiscal third quarter. The results topped Wall Street expectations.
Aeropostale Reports 3Q Loss
Aeropostale Inc. on Wednesday reported a loss of $26.4 million in its fiscal third quarter. The results topped Wall Street expectations.
Financial Markets
Elizabeth Arden Reports 2Q Loss
Elizabeth Arden Inc. on Thursday reported a fiscal second-quarter loss of $56.1 million, after reporting a profit in the same period a year earlier.
Elizabeth Arden Reports 2Q Loss
Elizabeth Arden Inc. on Thursday reported a fiscal second-quarter loss of $56.1 million, after reporting a profit in the same period a year earlier.
ADVERTISEMENT
ADVERTISEMENT
The News in Brief
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.
Unilever Lifts Outlook on Strongest Volume Growth in Over A Decade
Unilever upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.