Swatch CEO Warns Iran War Is Weighing on Watchmaker’s Sales
The company has more than 200 stores in the Middle East, said chief executive officer Nick Hayek.
earnings-report
Financial Markets
Kering Earnings Beat Estimates as Gucci Label Returns to Growth
Kering SA reported first-half earnings that beat analysts’ estimates as sales at the Gucci luxury label grew for the first time in almost two years.
Kering Earnings Beat Estimates as Gucci Label Returns to Growth
Kering SA reported first-half earnings that beat analysts’ estimates as sales at the Gucci luxury label grew for the first time in almost two years.
Financial Markets
Puma Shares Rise as Sales Exceed Estimates
Puma SE reported sales and profit that topped analysts’ estimates as consumers bought its Boost running shoes and Evo Power cleats.
Puma Shares Rise as Sales Exceed Estimates
Puma SE reported sales and profit that topped analysts’ estimates as consumers bought its Boost running shoes and Evo Power cleats.
Financial Markets
Under Armour Tops Earnings Estimates After Footwear Lifts Sales
Under Armour Inc. posted second-quarter earnings that topped analysts’ estimates after its push into footwear and other new products helped fuel sales.
Under Armour Tops Earnings Estimates After Footwear Lifts Sales
Under Armour Inc. posted second-quarter earnings that topped analysts’ estimates after its push into footwear and other new products helped fuel sales.
Financial Markets
Burberry Sales Growth Hit by Weakening Demand
Trench coat maker Burberry is reporting slowing sales amid weakening demand in Asia and a volatile American market.
Burberry Sales Growth Hit by Weakening Demand
Trench coat maker Burberry is reporting slowing sales amid weakening demand in Asia and a volatile American market.
Financial Markets
AB Foods Reports Higher Primark Sales as Clothing Chain Expands
Associated British Foods Plc reported higher clothing sales as expansion of the low-cost Primark chain offset adverse currency shifts.
AB Foods Reports Higher Primark Sales as Clothing Chain Expands
Associated British Foods Plc reported higher clothing sales as expansion of the low-cost Primark chain offset adverse currency shifts.
Financial Markets
Fast Retailing 9-Month Profit Surges 52% on Uniqlo Sales
Fast Retailing Co.’s profit increased 52 percent in the nine months ending May as Uniqlo sales grew in Japan, boosted by the popularity of new products such as a hoodie that protects against the sun.
Fast Retailing 9-Month Profit Surges 52% on Uniqlo Sales
Fast Retailing Co.’s profit increased 52 percent in the nine months ending May as Uniqlo sales grew in Japan, boosted by the popularity of new products such as a hoodie that protects against the sun.
Financial Markets
Nike Exceeds Profit Estimates on New Products and Athleisure Trend
Nike Inc.’s fourth-quarter profit topped analysts’ estimates, helped by new product releases and strong sales growth in North America, its largest market.
Nike Exceeds Profit Estimates on New Products and Athleisure Trend
Nike Inc.’s fourth-quarter profit topped analysts’ estimates, helped by new product releases and strong sales growth in North America, its largest market.
Financial Markets
Prada Profit Tumbles as Luxury-Goods Maker Struggles in China
Prada SpA reported first-quarter profit that trailed analysts’ estimates as the Italian fashion house struggled to reverse a slump in sales in China.
Prada Profit Tumbles as Luxury-Goods Maker Struggles in China
Prada SpA reported first-quarter profit that trailed analysts’ estimates as the Italian fashion house struggled to reverse a slump in sales in China.
Financial Markets
Inditex Q1 Net Jumps as Zara Owner Adds More Stores
Inditex SA said first-quarter profit jumped 28 percent, the fastest growth pace in more than two years as the Zara owner opened more stores and benefited from the weak euro.
Inditex Q1 Net Jumps as Zara Owner Adds More Stores
Inditex SA said first-quarter profit jumped 28 percent, the fastest growth pace in more than two years as the Zara owner opened more stores and benefited from the weak euro.
Financial Markets
Quiksilver Reports 2Q Loss
Quiksilver Inc. on Tuesday reported a loss of $37.6 million in its fiscal second quarter. The results missed Wall Street expectations.
Quiksilver Reports 2Q Loss
Quiksilver Inc. on Tuesday reported a loss of $37.6 million in its fiscal second quarter. The results missed Wall Street expectations.
Financial Markets
G-III Apparel Rising on Strong 1Q Results, Boosted Outlook
Shares of G-III Apparel Group Ltd. are surging in Wednesday pre-market trading following a strong quarterly performance and raised full-year forecast on strong sales of Calvin Klein and other brands.
G-III Apparel Rising on Strong 1Q Results, Boosted Outlook
Shares of G-III Apparel Group Ltd. are surging in Wednesday pre-market trading following a strong quarterly performance and raised full-year forecast on strong sales of Calvin Klein and other brands.
Financial Markets
Vera Bradley Reports 1Q Loss
Vera Bradley Inc. on Wednesday reported a fiscal first-quarter loss of $4.1 million, after reporting a profit in the same period a year earlier.
Vera Bradley Reports 1Q Loss
Vera Bradley Inc. on Wednesday reported a fiscal first-quarter loss of $4.1 million, after reporting a profit in the same period a year earlier.
The News in Brief
Macy’s Issues ‘Prudent’ 2026 Guidance on Geopolitical Risks
The retailer issued a cautious full-year forecast for sales and profit despite strong performance at Bloomingdale’s, which has benefited from shoppers seeking alternatives to struggling rival Saks Global.
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.
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.