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Financial Markets

Hugo Boss Cuts Forecasts Amid Tough Third Quarter in China, US

Hugo Boss AG cut its sales and earnings forecasts for 2015 amid deteriorating third-quarter results in China and the US.

Financial Markets

Hugo Boss Cuts Forecasts Amid Tough Third Quarter in China, US

Hugo Boss AG cut its sales and earnings forecasts for 2015 amid deteriorating third-quarter results in China and the US.


Financial Markets

Burberry to Slash CEO Bailey’s Pay Amid Chinese Sales Slump

Burberry Group Plc chief executive officer Christopher Bailey will get a pay cut along with other employees after the UK trenchcoat maker forecast a second year of declining profit.

Financial Markets

Burberry to Slash CEO Bailey’s Pay Amid Chinese Sales Slump

Burberry Group Plc chief executive officer Christopher Bailey will get a pay cut along with other employees after the UK trenchcoat maker forecast a second year of declining profit.


Financial Markets

Zalando Lowers Profit-Margin Forecast Amid Customer Fraud, Costs

Zalando SE lowered its profit margin forecast for the year as higher delivery costs, marketing spending and lower-than-expected debt collection related to earlier customer fraud weigh on its profitability.

Financial Markets

Zalando Lowers Profit-Margin Forecast Amid Customer Fraud, Costs

Zalando SE lowered its profit margin forecast for the year as higher delivery costs, marketing spending and lower-than-expected debt collection related to earlier customer fraud weigh on its profitability.


Financial Markets

Burberry First-Half Sales Miss Estimates as Asian Sales Drop

Burberry Group Plc reported first-half revenue that trailed analysts’ estimates as sales declined in Asia.

Financial Markets

Burberry First-Half Sales Miss Estimates as Asian Sales Drop

Burberry Group Plc reported first-half revenue that trailed analysts’ estimates as sales declined in Asia.


Financial Markets

LVMH Third-Quarter Sales Beat Estimates as Europe Offsets China

LVMH reported third-quarter revenue that exceeded analysts’ estimates as growth in Europe and Japan offset a slump in China.

Financial Markets

LVMH Third-Quarter Sales Beat Estimates as Europe Offsets China

LVMH reported third-quarter revenue that exceeded analysts’ estimates as growth in Europe and Japan offset a slump in China.


Financial Markets

Avon Shares Drop After Analyst Downplays Its Takeover Prospects

Avon Products Inc. shares tumbled as much as 6.8 percent after Canaccord Genuity said the company’s prospects as a takeover target are probably overblown.

Financial Markets

Avon Shares Drop After Analyst Downplays Its Takeover Prospects

Avon Products Inc. shares tumbled as much as 6.8 percent after Canaccord Genuity said the company’s prospects as a takeover target are probably overblown.


Financial Markets

Fast Retailing Tumbles Most in Two Years on Poor Earnings

Fast Retailing Co. fell the most in more than two years after earnings and forecasts missed analyst estimates due to losses at its Uniqlo and J Brand businesses in the US.

Financial Markets

Fast Retailing Tumbles Most in Two Years on Poor Earnings

Fast Retailing Co. fell the most in more than two years after earnings and forecasts missed analyst estimates due to losses at its Uniqlo and J Brand businesses in the US.


Financial Markets

Nike Sprints Ahead as China Sales Defy Economic Slowdown

Nike Inc's first-quarter profits outpaced expectations as surprisingly steep China growth boosted the sportswear maker.

Financial Markets

Nike Sprints Ahead as China Sales Defy Economic Slowdown

Nike Inc's first-quarter profits outpaced expectations as surprisingly steep China growth boosted the sportswear maker.


Financial Markets

Inditex First-Half Profit Rises on Zara Owner’s Store Expansion

Inditex SA reported first-half profit that matched analysts’ estimates as the Zara owner added more shops and online businesses.

Financial Markets

Inditex First-Half Profit Rises on Zara Owner’s Store Expansion

Inditex SA reported first-half profit that matched analysts’ estimates as the Zara owner added more shops and online businesses.


Financial Markets

Richemont Sales Growth Accelerates on Japanese, European Demand

Richemont, the world’s biggest jewellery maker, said five-month sales accelerated amid higher demand in Japan and Europe.

Financial Markets

Richemont Sales Growth Accelerates on Japanese, European Demand

Richemont, the world’s biggest jewellery maker, said five-month sales accelerated amid higher demand in Japan and Europe.


Financial Markets

Lululemon Profit Exceeds Estimates as New Styles Drive Sales

Lululemon Athletica Inc. posted second-quarter profit that just topped analysts’ estimates after new tank tops and floral bottoms helped fuel sales.

Financial Markets

Lululemon Profit Exceeds Estimates as New Styles Drive Sales

Lululemon Athletica Inc. posted second-quarter profit that just topped analysts’ estimates after new tank tops and floral bottoms helped fuel sales.


Financial Markets

Next Profit Beats Estimates as Buying Teams Exceed Margin Goals

Next Plc reported first-half profit that beat analysts’ estimates as the retailers’ buyers achieved lower garment costs than expected, helped by the strong pound.

Financial Markets

Next Profit Beats Estimates as Buying Teams Exceed Margin Goals

Next Plc reported first-half profit that beat analysts’ estimates as the retailers’ buyers achieved lower garment costs than expected, helped by the strong pound.