Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.
earnings-report
Financial Markets
Tiffany's Slumping Shares May Rekindle Takeover Talk
Tiffany & Co.’s plunging shares are bringing a takeover of the $11 billion luxury jewellery chain back into the realm of possibilities.
Tiffany's Slumping Shares May Rekindle Takeover Talk
Tiffany & Co.’s plunging shares are bringing a takeover of the $11 billion luxury jewellery chain back into the realm of possibilities.
Financial Markets
Lululemon Boosts Forecasts After Strong Holiday Season
Lululemon Athletica Inc., the maker of yoga- inspired clothing, gained as much as 9.4 percent in early trading after strong holiday sales prompted the company to raise its fourth-quarter forecast.
Lululemon Boosts Forecasts After Strong Holiday Season
Lululemon Athletica Inc., the maker of yoga- inspired clothing, gained as much as 9.4 percent in early trading after strong holiday sales prompted the company to raise its fourth-quarter forecast.
Financial Markets
Tiffany Lowers Annual Forecast After Holiday Sales Decline
Tiffany & Co., the world’s second-largest luxury jewellery retailer, reported a 1 percent decline in total holiday sales and lowered its annual forecast, amid continued weakness in Japan.
Tiffany Lowers Annual Forecast After Holiday Sales Decline
Tiffany & Co., the world’s second-largest luxury jewellery retailer, reported a 1 percent decline in total holiday sales and lowered its annual forecast, amid continued weakness in Japan.
Financial Markets
US Retailers’ December Sales Beat Estimates Amid Job Growth
U.S. retailers including L Brands Inc., Pier 1 Imports Inc. and Gap Inc. posted December same-store sales that topped analysts’ estimates as improving employment and falling gas prices encouraged shoppers to spend on gifts.
US Retailers’ December Sales Beat Estimates Amid Job Growth
U.S. retailers including L Brands Inc., Pier 1 Imports Inc. and Gap Inc. posted December same-store sales that topped analysts’ estimates as improving employment and falling gas prices encouraged shoppers to spend on gifts.
Financial Markets
American Eagle, Aeropostale Lift Estimates for Holiday Quarter
Teen apparel retailers American Eagle Outfitters Inc. and Aeropostale Inc. raised their estimates for the holiday shopping quarter as margins improved due to fewer discounts.
American Eagle, Aeropostale Lift Estimates for Holiday Quarter
Teen apparel retailers American Eagle Outfitters Inc. and Aeropostale Inc. raised their estimates for the holiday shopping quarter as margins improved due to fewer discounts.
Financial Markets
Victoria's Secret Owner Says Same-Store Sales Rose 4 Percent
L Brands, the company behind Victoria's Secret and Bath & Body Works, said Thursday that its sales rose during the critical holiday shopping season.
Victoria's Secret Owner Says Same-Store Sales Rose 4 Percent
L Brands, the company behind Victoria's Secret and Bath & Body Works, said Thursday that its sales rose during the critical holiday shopping season.
Financial Markets
Nike Beats 2Q Forecasts
Nike Inc. on Thursday reported fiscal second-quarter net income of $655 million. The results topped Wall Street expectations.
Nike Beats 2Q Forecasts
Nike Inc. on Thursday reported fiscal second-quarter net income of $655 million. The results topped Wall Street expectations.
Financial Markets
H&M November Sales Up 10%, Tops Estimates
Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, increased November sales faster than analysts predicted, contributing to a 17 percent jump in fourth-quarter revenue.
H&M November Sales Up 10%, Tops Estimates
Hennes & Mauritz AB, Europe’s second-biggest clothing retailer, increased November sales faster than analysts predicted, contributing to a 17 percent jump in fourth-quarter revenue.
Financial Markets
Quiksilver Reports 4Q Loss
Quiksilver Inc. on Thursday reported a fiscal fourth-quarter loss of $51.6 million. The results missed Wall Street expectations.
Quiksilver Reports 4Q Loss
Quiksilver Inc. on Thursday reported a fiscal fourth-quarter loss of $51.6 million. The results missed Wall Street expectations.
Financial Markets
Inditex Nine-Month Profit Rises as New Stores Beat Mild Weather
MADRID, Spain — Inditex SA, the world's largest clothing retailer, reported nine-month profit in line with estimates as the company continued to add
Inditex Nine-Month Profit Rises as New Stores Beat Mild Weather
MADRID, Spain — Inditex SA, the world's largest clothing retailer, reported nine-month profit in line with estimates as the company continued to add
Financial Markets
Prada 3Q Profit Drops 44%, More Than Analysts Expected
MILAN, Italy — Prada SpA reported a 44 percent drop in third-quarter profit as weaker spending by wealthy Chinese consumers weighed on the
Prada 3Q Profit Drops 44%, More Than Analysts Expected
MILAN, Italy — Prada SpA reported a 44 percent drop in third-quarter profit as weaker spending by wealthy Chinese consumers weighed on the
Financial Markets
Gap Inc. November Sales Jump 6%
Gap Inc. said late Thursday that a key revenue metric rose 6 percent in November, as surging sales at its low-priced Old Navy chain offset sluggish sales at its namesake business.
Gap Inc. November Sales Jump 6%
Gap Inc. said late Thursday that a key revenue metric rose 6 percent in November, as surging sales at its low-priced Old Navy chain offset sluggish sales at its namesake business.
The News in Brief
Zimmermann Names Roberto Eggs CEO
The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.
Unilever Chases Consumers by Focusing on Beauty Rather Than Food
The UK giant’s chief executive Fernando Fernandez hopes to scale beauty, personal care and wellbeing up to two-thirds of the firm’s sales.
Watch Exports Bounced Back in February Before War in Middle East
Swiss watch exports saw a 9.2 percent rise in February, driven by a strong rebound in the US market.
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.
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.
India Probes Fragrance Giants Over Deals Not to Poach Workers
India's antitrust watchdog is investigating global fragrance makers Givaudan, Firmenich and International Flavors & Fragrances over accusations of striking anti-poaching deals that can harm workers, regulatory documents show.
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.