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.
finance
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
Asos Misses Estimates as International Revenue Declines
Asos Plc, the U.K.’s largest online- only fashion retailer, reported lower first-quarter sales growth than analysts anticipated as trading conditions abroad “remained challenging.”
Asos Misses Estimates as International Revenue Declines
Asos Plc, the U.K.’s largest online- only fashion retailer, reported lower first-quarter sales growth than analysts anticipated as trading conditions abroad “remained challenging.”
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.
Financial Markets
L Brands November Sales Rise 8%
L Brands, whose brands include Victoria's Secret, Bath & Body Works and others, said that sales at stores open at least a year rose 8 percent in November. This easily topped analysts' estimates.
L Brands November Sales Rise 8%
L Brands, whose brands include Victoria's Secret, Bath & Body Works and others, said that sales at stores open at least a year rose 8 percent in November. This easily topped analysts' estimates.
Financial Markets
Sears Loss Widens to $548M as Sales Slide Continues
Sears Holdings Corp., the department- store chain controlled by hedge fund manager Edward Lampert, posted its 10th straight quarterly loss as sales continued to decline.
Sears Loss Widens to $548M as Sales Slide Continues
Sears Holdings Corp., the department- store chain controlled by hedge fund manager Edward Lampert, posted its 10th straight quarterly loss as sales continued to decline.
Financial Markets
Aeropostale Reports 3Q Loss
Aeropostale Inc. on Wednesday reported a loss of $52.3 million in its fiscal third quarter. On a per-share basis, the New York-based company said it had a loss of 66 cents.
Aeropostale Reports 3Q Loss
Aeropostale Inc. on Wednesday reported a loss of $52.3 million in its fiscal third quarter. On a per-share basis, the New York-based company said it had a loss of 66 cents.
Financial Markets
Guess Beats 3Q Profit Forecasts
Guess Inc. on Wednesday reported fiscal third-quarter net income of $20.8 million. The results topped Wall Street expectations.
Guess Beats 3Q Profit Forecasts
Guess Inc. on Wednesday reported fiscal third-quarter net income of $20.8 million. The results topped Wall Street expectations.
Financial Markets
PVH Tops 3Q Profit View
NEW YORK, United States — PVH Corp. (PVH) on Wednesday reported profit of $225.7 million in its fiscal third quarter.
PVH Tops 3Q Profit View
NEW YORK, United States — PVH Corp. (PVH) on Wednesday reported profit of $225.7 million in its fiscal third quarter.
Financial Markets
Mulberry Reports First-Half Loss After Abandoning Move Up-Market
Mulberry Group Plc, the troubled luxury handbag maker, reported a first-half loss as a failed attempt to move upmarket continued to weigh on the company’s performance.
Mulberry Reports First-Half Loss After Abandoning Move Up-Market
Mulberry Group Plc, the troubled luxury handbag maker, reported a first-half loss as a failed attempt to move upmarket continued to weigh on the company’s performance.
Financial Markets
Zalando Regains IPO Price as Online Retailer Nears Profitability
Zalando SE traded above its initial public offering price for the first time since last month’s stock market debut after Europe’s largest online fashion retailer forecast it will end the year “slightly profitable.”
Zalando Regains IPO Price as Online Retailer Nears Profitability
Zalando SE traded above its initial public offering price for the first time since last month’s stock market debut after Europe’s largest online fashion retailer forecast it will end the year “slightly profitable.”
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.