Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
business-slowdown
News & Analysis
Distressed Retailers Scour Loan Fine Print for Debt Strategies
Heavily indebted retailers J. Crew Group Inc. and Claire’s Stores Inc. are delving into their loan agreements to find creative ways to raise or reconfigure their debt.
Distressed Retailers Scour Loan Fine Print for Debt Strategies
Heavily indebted retailers J. Crew Group Inc. and Claire’s Stores Inc. are delving into their loan agreements to find creative ways to raise or reconfigure their debt.
Luxury
Is Melania Trumping Trade Concerns?
Designers seem fixated on whether or not to dress Melania Trump, but the fashion industry should pay more attention to the protectionist trade policies espoused by her husband, the President-elect.
Is Melania Trumping Trade Concerns?
Designers seem fixated on whether or not to dress Melania Trump, but the fashion industry should pay more attention to the protectionist trade policies espoused by her husband, the President-elect.
Financial Markets
Chow Tai Fook Profit Slump Eases as Jeweller Gets Rental Cuts
Chow Tai Fook Jewellery Group Ltd. reported first-half profit fell 22 percent.
Chow Tai Fook Profit Slump Eases as Jeweller Gets Rental Cuts
Chow Tai Fook Jewellery Group Ltd. reported first-half profit fell 22 percent.
Retail
J. Crew’s Net Loss Narrows to $7.9 Million as Writedowns Abate
J. Crew Group Inc. posted a narrower third-quarter loss as the preppy-apparel chain moved past writedowns that dramatically reduced its value.
J. Crew’s Net Loss Narrows to $7.9 Million as Writedowns Abate
J. Crew Group Inc. posted a narrower third-quarter loss as the preppy-apparel chain moved past writedowns that dramatically reduced its value.
News & Analysis
Swiss Watch Exports Have Biggest Monthly Drop in Seven Years
Swiss watch exports plunged 16 percent in October, as demand weakened in almost every major market for Rolex and Omega timepieces.
Swiss Watch Exports Have Biggest Monthly Drop in Seven Years
Swiss watch exports plunged 16 percent in October, as demand weakened in almost every major market for Rolex and Omega timepieces.
Financial Markets
Abercrombie & Fitch Quarterly Sales Miss Estimates, Shares Skid
Abercrombie's net sales fell 6.5 percent to $821.73 million, down for the 15th straight quarter.
Abercrombie & Fitch Quarterly Sales Miss Estimates, Shares Skid
Abercrombie's net sales fell 6.5 percent to $821.73 million, down for the 15th straight quarter.
Financial Markets
Gap Underwhelms Investors With In-Line Third-Quarter Earnings
The company will close all eight Banana Republic stores in the country as well.
Gap Underwhelms Investors With In-Line Third-Quarter Earnings
The company will close all eight Banana Republic stores in the country as well.
Financial Markets
Gap's Third-Quarter Profit Drops Nearly 18 Percent
The brand earned $204 million in the three-month period that ended Oct. 29, compared with $248 million a year earlier.
Gap's Third-Quarter Profit Drops Nearly 18 Percent
The brand earned $204 million in the three-month period that ended Oct. 29, compared with $248 million a year earlier.
News & Analysis
Hugo Boss to Reduce Brands, Limit Store Expansion in Revamp
The company will only produce clothes under the Hugo and Boss brands, narrowing its focus to casualwear and business clothes with womenswear becoming a lower priority.
Hugo Boss to Reduce Brands, Limit Store Expansion in Revamp
The company will only produce clothes under the Hugo and Boss brands, narrowing its focus to casualwear and business clothes with womenswear becoming a lower priority.
Luxury
Bracing for President Trump
‘America’s Brexit’ raises the spectre of more nativist Trump-style victories across the West, spelling tough times for the emotionally-driven luxury sector.
Bracing for President Trump
‘America’s Brexit’ raises the spectre of more nativist Trump-style victories across the West, spelling tough times for the emotionally-driven luxury sector.
Financial Markets
Nordstrom Reports Third-Quarter Loss
Nordstrom Inc. on Thursday reported a fiscal third-quarter loss of $10 million.
Nordstrom Reports Third-Quarter Loss
Nordstrom Inc. on Thursday reported a fiscal third-quarter loss of $10 million.
Financial Markets
Crocs Reports Third-Quarter Loss
Crocs Inc. on Wednesday reported a loss of $1.5 million in its third quarter.
Crocs Reports Third-Quarter Loss
Crocs Inc. on Wednesday reported a loss of $1.5 million in its third quarter.
The News in Brief
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.
AII Launches Industry-First Tool Standardising Measurement of Carbon Emissions
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.
Marco De Vincenzo Exits Etro
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.
Exclusive: Akt London Enters Sephora
The UK label will roll out its hero deodorant to Sephora US doors and launch its full assortment online as the LVMH-owned retailer expands its body care offering.
Zalando Forecasts 2026 Profit Jump Driven by AI Boost
The European retailer forecast a rise in full-year adjusted operating profit and announced a share buyback, citing the productivity and cost-saving benefits of AI.
Lululemon Founder Warns CEO Candidates That Board Needs Overhaul
Chip Wilson wrote an open letter to potential candidates for the activewear brand’s next chief executive warning them of problems at the company.
Estée Lauder Sues Jo Malone, Zara UK for Trademark Infringement
The US cosmetics giant said on Thursday said it filed a lawsuit against perfumer Jo Malone, her fragrance brand ‘Jo Loves’ and Zara’s UK business for the use of Malone’s name on certain products.