Court Temporarily Allows Perplexity AI Shopping ‘Agents’ on Amazon
The decision has put a hold on a previous ruling that had blocked Perplexity’s agents from shopping on Amazon.
earnings-report
Financial Markets
Fast Retailing Hits Two-Week Low as Warm Winter Hurt Japan Sales
Fast Retailing Co. fell to the lowest in two weeks after its Uniqlo chain of casual-wear reported a dip in Japanese same-store sales last month amid “unusually hot weather” that stifled sales of winter clothing.
Fast Retailing Hits Two-Week Low as Warm Winter Hurt Japan Sales
Fast Retailing Co. fell to the lowest in two weeks after its Uniqlo chain of casual-wear reported a dip in Japanese same-store sales last month amid “unusually hot weather” that stifled sales of winter clothing.
Financial Markets
PVH Beats 3Q Profit Forecasts
PVH Corp. on Wednesday reported fiscal third-quarter profit of $221.9 million. The results beat Wall Street expectations.
PVH Beats 3Q Profit Forecasts
PVH Corp. on Wednesday reported fiscal third-quarter profit of $221.9 million. The results beat Wall Street expectations.
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
G-III Apparel Beats 3Q Profit Forecasts
G-III Apparel Group Ltd. on Wednesday reported fiscal third-quarter earnings of $87.2 million. The results exceeded Wall Street expectations.
G-III Apparel Beats 3Q Profit Forecasts
G-III Apparel Group Ltd. on Wednesday reported fiscal third-quarter earnings of $87.2 million. The results exceeded Wall Street expectations.
Retail
Teenage Wasteland: Can Wet Seal Be Saved?
At Wet Seal, new money, new leadership, old problems. Here's what chief executive Melanie Cox is doing about it.
Teenage Wasteland: Can Wet Seal Be Saved?
At Wet Seal, new money, new leadership, old problems. Here's what chief executive Melanie Cox is doing about it.
Financial Markets
Lululemon Drops After FBR Cuts Rating, Citing Heavy Discounting
Lululemon Athletica Inc. tumbled as much as 7 percent after FBR & Co. downgraded the stock, saying the yogawear brand is facing a pileup in inventory and heavier discounting.
Lululemon Drops After FBR Cuts Rating, Citing Heavy Discounting
Lululemon Athletica Inc. tumbled as much as 7 percent after FBR & Co. downgraded the stock, saying the yogawear brand is facing a pileup in inventory and heavier discounting.
Financial Markets
Guess Tops 3Q Profit Forecasts
Guess Inc. on Tuesday reported fiscal third-quarter earnings of $12.4 million. The results beat Wall Street expectations.
Guess Tops 3Q Profit Forecasts
Guess Inc. on Tuesday reported fiscal third-quarter earnings of $12.4 million. The results beat Wall Street expectations.
Financial Markets
Tiffany Profit Trails Estimates as Strong Dollar Hurt Sales
Tiffany & Co. posted third-quarter profit that trailed analysts’ estimates and cut its forecast for earnings this year as the strong dollar weighs on revenue.
Tiffany Profit Trails Estimates as Strong Dollar Hurt Sales
Tiffany & Co. posted third-quarter profit that trailed analysts’ estimates and cut its forecast for earnings this year as the strong dollar weighs on revenue.
Financial Markets
Hugo Boss Says Sales Next Year Will Miss Forecast on US, China
Hugo Boss AG said sales next year will miss a long-term target of high single-digit growth as demand continues to slump in the US and China.
Hugo Boss Says Sales Next Year Will Miss Forecast on US, China
Hugo Boss AG said sales next year will miss a long-term target of high single-digit growth as demand continues to slump in the US and China.
Financial Markets
Retail Stocks Rally After Ross, Foot Locker Beat Sales Estimates
Retail stocks rallied on Friday after Ross Stores Inc., Abercrombie & Fitch Co. and Foot Locker Inc. reported better-than-expected sales, giving a boost to an industry that’s been battered in recent weeks.
Retail Stocks Rally After Ross, Foot Locker Beat Sales Estimates
Retail stocks rallied on Friday after Ross Stores Inc., Abercrombie & Fitch Co. and Foot Locker Inc. reported better-than-expected sales, giving a boost to an industry that’s been battered in recent weeks.
Financial Markets
Abercrombie Shares Rise After Third-Quarter Sales Top Estimates
Abercrombie & Fitch Co. soared as much as 22 percent in early trading after third-quarter revenue topped analysts’ estimates, helped by rebounding sales at its Hollister unit.
Abercrombie Shares Rise After Third-Quarter Sales Top Estimates
Abercrombie & Fitch Co. soared as much as 22 percent in early trading after third-quarter revenue topped analysts’ estimates, helped by rebounding sales at its Hollister unit.
Financial Markets
Gap Cuts Annual Profit Forecast as Its Sales Continue to Slide
Gap Inc., the largest apparel-focused retailer in the US, cut its full-year profit forecast after declining sales and heavy discounting dragged down results.
Gap Cuts Annual Profit Forecast as Its Sales Continue to Slide
Gap Inc., the largest apparel-focused retailer in the US, cut its full-year profit forecast after declining sales and heavy discounting dragged down results.
The News in Brief
Lululemon Sees Annual Revenue, Profit Below Estimates Amid Board, Demand Challenges
CEO Calvin McDonald stepped down in December following months of share price weakness and lack of design freshness.
Puig Announces New CEO
Jose Manuel Albesa will succeed Marc Puig, becoming the first non-family member to lead the Spanish conglomerate in more than 20 years.
Spandex Maker Lycra Files for Bankruptcy After Years of Stress
The company has been hampered with disruptions to supply chains, elevated inflation, growing competition from low-cost manufacturers and trade tariffs.
US SEC Preparing to Eliminate Quarterly Reporting Requirement, WSJ Says
The proposal would give companies the option to share results twice a year.
Kering Unveils New Jewellery Unit, Merges Fashion Brand Reporting
Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.
Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.