Skip to main content

finance

Financial Markets

Amazon Posts Profit as North America Sales Jump

Amazon.com Inc reported a surprise profit for the second quarter in a row, propelled by higher sales in North America, its biggest market.

Financial Markets

Amazon Posts Profit as North America Sales Jump

Amazon.com Inc reported a surprise profit for the second quarter in a row, propelled by higher sales in North America, its biggest market.


Luxury

How to Fix the House of Gucci

While Gucci’s third quarter results may be nothing to write home about, improved financial performance should herald Gucci’s return as early as spring, as the ‘Michele cure’ starts to take effect.

Luxury

How to Fix the House of Gucci

While Gucci’s third quarter results may be nothing to write home about, improved financial performance should herald Gucci’s return as early as spring, as the ‘Michele cure’ starts to take effect.


Financial Markets

Kering Q3 Sales Growth Beats Estimates

Kering SA reported third-quarter revenue growth that beat analysts’ estimates as demand for Puma footwear and Saint Laurent dresses offset declining sales of Gucci handbags.

Financial Markets

Kering Q3 Sales Growth Beats Estimates

Kering SA reported third-quarter revenue growth that beat analysts’ estimates as demand for Puma footwear and Saint Laurent dresses offset declining sales of Gucci handbags.


Financial Markets

Under Armour Profit Tops Estimates as Footwear Boosts Sales

Under Armour Inc. posted third-quarter profit that topped analysts’ estimates as the athletic-apparel maker’s expansion into shoes gained momentum.

Financial Markets

Under Armour Profit Tops Estimates as Footwear Boosts Sales

Under Armour Inc. posted third-quarter profit that topped analysts’ estimates as the athletic-apparel maker’s expansion into shoes gained momentum.


Financial Markets

EBay Earnings Show Web Marketplace Recovering After PayPal Split

EBay Inc.’s third-quarter profit and sales topped analysts’ estimates as more people used the online marketplace to buy and sell goods.

Financial Markets

EBay Earnings Show Web Marketplace Recovering After PayPal Split

EBay Inc.’s third-quarter profit and sales topped analysts’ estimates as more people used the online marketplace to buy and sell goods.


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

Nike Expects Sales to Accelerate, Hitting $50 Billion by 2020

Nike Inc. projected that sales gains will accelerate in the next five years, with revenue hitting $50 billion in 2020 as its women’s business doubles.

Financial Markets

Nike Expects Sales to Accelerate, Hitting $50 Billion by 2020

Nike Inc. projected that sales gains will accelerate in the next five years, with revenue hitting $50 billion in 2020 as its women’s business doubles.


Financial Markets

Wal-Mart CEO Defends Strategy After Outlook Sends Stock Tumbling

Wal-Mart Stores Inc. chief executive officer Doug McMillon defended his attempt to revamp the retailer after a weak profit forecast sent the shares on their biggest decline in more than 15 years.

Financial Markets

Wal-Mart CEO Defends Strategy After Outlook Sends Stock Tumbling

Wal-Mart Stores Inc. chief executive officer Doug McMillon defended his attempt to revamp the retailer after a weak profit forecast sent the shares on their biggest decline in more than 15 years.


Financial Markets

Wal-Mart Shares Dive 10 Percent on Forecast of Flat Full-Year Sales

Wal-Mart Stores Inc said full-year sales would be flat due to the stronger-than-anticipated impact of the dollar's strength, and that investment in technology and employees would pressure earnings next year.

Financial Markets

Wal-Mart Shares Dive 10 Percent on Forecast of Flat Full-Year Sales

Wal-Mart Stores Inc said full-year sales would be flat due to the stronger-than-anticipated impact of the dollar's strength, and that investment in technology and employees would pressure earnings next year.