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
Coty Beats Street 3Q Forecasts
Coty Inc. on Thursday reported fiscal third-quarter net income of $75.5 million, after reporting a loss in the same period a year earlier.
Coty Beats Street 3Q Forecasts
Coty Inc. on Thursday reported fiscal third-quarter net income of $75.5 million, after reporting a loss in the same period a year earlier.
Financial Markets
Adidas Under Fire From Investors Despite Strong Quarter
Adidas shareholders took aim at the management of the German sportswear company on Thursday, not convinced a new strategy would be enough to challenge the dominance of rival Nike.
Adidas Under Fire From Investors Despite Strong Quarter
Adidas shareholders took aim at the management of the German sportswear company on Thursday, not convinced a new strategy would be enough to challenge the dominance of rival Nike.
Financial Markets
JD.Com Retreats Before Earnings as Chinese Stocks Drop in US
JD.com Inc. slumped the most in three months as investors moved to lock in profits before the company’s earnings report.
JD.Com Retreats Before Earnings as Chinese Stocks Drop in US
JD.com Inc. slumped the most in three months as investors moved to lock in profits before the company’s earnings report.
Financial Markets
Fossil Shares Fall on Impact From Stronger Dollar
Shares of Fossil Group fell Wednesday following weak quarterly revenue results and a disappointing outlook as a stronger dollar continues to cut into company's financial results.
Fossil Shares Fall on Impact From Stronger Dollar
Shares of Fossil Group fell Wednesday following weak quarterly revenue results and a disappointing outlook as a stronger dollar continues to cut into company's financial results.
Financial Markets
Puma Lowers Profit Forecast as Dollar’s Advance Weighs on Margin
Puma cut its full-year profit forecast as the German sports-gear maker struggles to contend with the strengthening of the dollar against most major currencies.
Puma Lowers Profit Forecast as Dollar’s Advance Weighs on Margin
Puma cut its full-year profit forecast as the German sports-gear maker struggles to contend with the strengthening of the dollar against most major currencies.
Financial Markets
Adidas Earnings Top Estimates as Turnaround Plan Begins
Adidas AG reported first-quarter earnings that topped estimates as outgoing Chief Executive Officer Herbert Hainer lays the groundwork for a turnaround.
Adidas Earnings Top Estimates as Turnaround Plan Begins
Adidas AG reported first-quarter earnings that topped estimates as outgoing Chief Executive Officer Herbert Hainer lays the groundwork for a turnaround.
Financial Markets
Next Beats Estimates, Sales Boosted by Warm Weather
Next Plc reported first-quarter sales that beat estimates, a performance boosted by an earlier release of the company’s summer brochure and a spell of warm weather.
Next Beats Estimates, Sales Boosted by Warm Weather
Next Plc reported first-quarter sales that beat estimates, a performance boosted by an earlier release of the company’s summer brochure and a spell of warm weather.
Financial Markets
Coach Tumbles After Another Plunge in North American Sales
Coach Inc. fell as much as 8.2 percent in early trading after North American sales plunged last quarter, a sign its comeback plan isn’t yet gaining traction.
Coach Tumbles After Another Plunge in North American Sales
Coach Inc. fell as much as 8.2 percent in early trading after North American sales plunged last quarter, a sign its comeback plan isn’t yet gaining traction.
Financial Markets
Richemont Warns of Annual Profit Slump After Derivative Losses
Cie. Financiere Richemont SA said profit for the financial year just ended dropped about 36 percent because of losses on financial instruments.
Richemont Warns of Annual Profit Slump After Derivative Losses
Cie. Financiere Richemont SA said profit for the financial year just ended dropped about 36 percent because of losses on financial instruments.
Financial Markets
Kering Reports Gucci Q1 Sales Slump Amid Asia Slowdown
Kering SA reported a worse-than-expected slump in sales at the Gucci luxury-goods brand amid a slowdown in Asia, a setback to efforts to revive its biggest brand.
Kering Reports Gucci Q1 Sales Slump Amid Asia Slowdown
Kering SA reported a worse-than-expected slump in sales at the Gucci luxury-goods brand amid a slowdown in Asia, a setback to efforts to revive its biggest brand.
Financial Markets
Under Armour Slides After Annual Sales Forecast Trails Estimates
Under Armour, which got its start selling polyester workout shirts in the 1990s, projected revenue gain of 23 percent this year that would be its weakest growth since 2009.
Under Armour Slides After Annual Sales Forecast Trails Estimates
Under Armour, which got its start selling polyester workout shirts in the 1990s, projected revenue gain of 23 percent this year that would be its weakest growth since 2009.
Financial Markets
Burberry Sales Advance as Americas Compensate for Hong Kong Fall
Burberry Group Plc said second-half sales gained 10 percent as growth in the Americas made up for for a decline in Hong Kong.
Burberry Sales Advance as Americas Compensate for Hong Kong Fall
Burberry Group Plc said second-half sales gained 10 percent as growth in the Americas made up for for a decline in Hong Kong.
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.