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Financial Markets

Adidas Comeback on North America Sales Jump

Adidas reported a 26 percent rise in North American sales, underscoring a comeback that has seen the athletic-shoe maker reclaim market share in the US from Nike Inc.  

Financial Markets

Adidas Comeback on North America Sales Jump

Adidas reported a 26 percent rise in North American sales, underscoring a comeback that has seen the athletic-shoe maker reclaim market share in the US from Nike Inc.  


Financial Markets

Falling Tourism Prompts Kate Spade Forecast Cut

A dearth of tourists to the US — put off visiting by the strong dollar — has slowed foot traffic, forcing the company to mark down merchandise.

Financial Markets

Falling Tourism Prompts Kate Spade Forecast Cut

A dearth of tourists to the US — put off visiting by the strong dollar — has slowed foot traffic, forcing the company to mark down merchandise.


Financial Markets

Next Second-Quarter Sales Accelerate as Profit Outlook Tightened

The UK's second largest clothing retailer said sales accelerated on new store openings as it sharpened its sales and profit forecast for the year.

Financial Markets

Next Second-Quarter Sales Accelerate as Profit Outlook Tightened

The UK's second largest clothing retailer said sales accelerated on new store openings as it sharpened its sales and profit forecast for the year.


Financial Markets

Macy’s, Kohl’s Fall on Concern About Slow Department-Store Sales

Shares of Macy’s, Nordstrom and Kohl’s fell after reports about weak summer sales reignited fears of a department-store slump.

Financial Markets

Macy’s, Kohl’s Fall on Concern About Slow Department-Store Sales

Shares of Macy’s, Nordstrom and Kohl’s fell after reports about weak summer sales reignited fears of a department-store slump.


Financial Markets

L’Oréal Sales Miss Analyst Estimates on Western Europe Slowdown

L’Oréal reported second-quarter sales that missed analysts’ estimates as rising demand for its beauty products in North America was offset by worsening conditions in its home market of France.

Financial Markets

L’Oréal Sales Miss Analyst Estimates on Western Europe Slowdown

L’Oréal reported second-quarter sales that missed analysts’ estimates as rising demand for its beauty products in North America was offset by worsening conditions in its home market of France.


Financial Markets

Gucci Turnaround Buoys Kering

French luxury-goods maker Kering reported first-half earnings that beat analysts’ estimates on rising demand for Gucci and Yves Saint Laurent, helping it shrug off lower tourism in Europe.

Financial Markets

Gucci Turnaround Buoys Kering

French luxury-goods maker Kering reported first-half earnings that beat analysts’ estimates on rising demand for Gucci and Yves Saint Laurent, helping it shrug off lower tourism in Europe.


Financial Markets

Adidas Raises Full-Year Forecast Amid Boost From Chelsea Payment

Adidas increased its full-year forecast as brand sales benefited from the Euro 2016 soccer tournament and it pocketed a payment to end a sponsorship deal with England’s Chelsea soccer club early.

Financial Markets

Adidas Raises Full-Year Forecast Amid Boost From Chelsea Payment

Adidas increased its full-year forecast as brand sales benefited from the Euro 2016 soccer tournament and it pocketed a payment to end a sponsorship deal with England’s Chelsea soccer club early.


Financial Markets

Puma Earnings Beat Analysts’ Estimates on Soccer and Women’s Shoes

Puma reported second-quarter profit that topped analysts’ estimates as the German sneaker maker got a lift from Europe’s soccer championships and a focus on the women’s market.

Financial Markets

Puma Earnings Beat Analysts’ Estimates on Soccer and Women’s Shoes

Puma reported second-quarter profit that topped analysts’ estimates as the German sneaker maker got a lift from Europe’s soccer championships and a focus on the women’s market.


Financial Markets

LVMH Profit Meets Estimates Despite French Tourist Slump

LVMH Moet Hennessy Louis Vuitton SE reported first-half profit in line with analyst estimates as lower tourism flows to France offset stronger demand for its wines and spirits.

Financial Markets

LVMH Profit Meets Estimates Despite French Tourist Slump

LVMH Moet Hennessy Louis Vuitton SE reported first-half profit in line with analyst estimates as lower tourism flows to France offset stronger demand for its wines and spirits.


Financial Markets

Under Armour Earnings Fall 57 Percent as It Expands Beyond Apparel

Under Armour's second-quarter profit fell 57 percent as the sporting-goods maker took a hit from the bankruptcy of one of its largest customers and increased spending to fuel its sales growth.

Financial Markets

Under Armour Earnings Fall 57 Percent as It Expands Beyond Apparel

Under Armour's second-quarter profit fell 57 percent as the sporting-goods maker took a hit from the bankruptcy of one of its largest customers and increased spending to fuel its sales growth.


Financial Markets

Nike CEO’s Pay Almost Triples to $47.6 Million With Stock Award

Nike awarded chief executive officer Mark Parker $47.6 million in compensation for fiscal 2016, almost triple the level of the previous year, after stock grants buoyed his pay.

Financial Markets

Nike CEO’s Pay Almost Triples to $47.6 Million With Stock Award

Nike awarded chief executive officer Mark Parker $47.6 million in compensation for fiscal 2016, almost triple the level of the previous year, after stock grants buoyed his pay.


Financial Markets

H&M Earnings Decline on Weakest Sales Growth in Three Years

H&M reported a decline in second-quarter earnings as the Swedish fashion retailer marked down merchandise that was not selling in Europe because of unusually wet and wintry weather.

Financial Markets

H&M Earnings Decline on Weakest Sales Growth in Three Years

H&M reported a decline in second-quarter earnings as the Swedish fashion retailer marked down merchandise that was not selling in Europe because of unusually wet and wintry weather.