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This Week: Adidas, Prada Offer a Respite From a Grim Earnings Season

A slew of brands should report strong results even amid an unpredictable economy and slumping luxury sales.
Prada Autumn/Winter 2024.
An eclectic group of companies, including Prada, have managed to defy the gloom that’s settled in over much of the industry. (Spotlight/Launchmetrics.com)

Retail earnings season has been grim, with storied brands from Nike to Gucci-owner Kering reporting steep declines in sales. This week, perhaps we’ll see a change in the mood. An eclectic group of companies have managed to defy the gloom that’s settled in over much of the industry, several of which are set to report third-quarter results in the coming days. That includes a resurgent Adidas (results out Tuesday) and luxury stalwarts Prada Group (Wednesday) and Moncler (Tuesday), but also the oft-overlooked denim seller Kontoor Brands (Thursday), and the eternally popular Crocs (Tuesday).

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