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
Kate Spade Reports 3Q Loss
Kate Spade & Co. on Thursday reported a loss of $9.1 million in its third quarter.
Kate Spade Reports 3Q Loss
Kate Spade & Co. on Thursday reported a loss of $9.1 million in its third quarter.
Financial Markets
Hermès Tops Estimates on Strong Demand for Leather Goods
Hermès reported third-quarter sales that beat analysts’ estimates on strong demand for leather goods in Asia and the Americas.
Hermès Tops Estimates on Strong Demand for Leather Goods
Hermès reported third-quarter sales that beat analysts’ estimates on strong demand for leather goods in Asia and the Americas.
Financial Markets
Marks & Spencer Clothing Sales Worsen to Keep Heat on Bolland
Marks & Spencer Group Plc reported a worsening drop in non-food sales, adding to the pressure on Chief Executive Officer Marc Bolland in his fifth year at the helm.
Marks & Spencer Clothing Sales Worsen to Keep Heat on Bolland
Marks & Spencer Group Plc reported a worsening drop in non-food sales, adding to the pressure on Chief Executive Officer Marc Bolland in his fifth year at the helm.
Financial Markets
L’Oreal Sales Miss Estimates on Weak Consumer Spending in Europe
L’Oreal SA, the world’s largest cosmetics maker, reported third-quarter sales that trailed estimates as demand for Maybelline New York makeup and other consumer products slowed in western Europe.
L’Oreal Sales Miss Estimates on Weak Consumer Spending in Europe
L’Oreal SA, the world’s largest cosmetics maker, reported third-quarter sales that trailed estimates as demand for Maybelline New York makeup and other consumer products slowed in western Europe.
Financial Markets
L Brands Rises After Boosting Third-Quarter Profit Forecast
L Brands Inc. rose in late trading after the retailer increased its third-quarter profit forecast.
L Brands Rises After Boosting Third-Quarter Profit Forecast
L Brands Inc. rose in late trading after the retailer increased its third-quarter profit forecast.
Financial Markets
Hugo Boss Lowers Sales, Profit Forecasts on Slowdown in Europe
FRANKFURT, Germany — Hugo Boss AG, the German fashion house whose artistic director has clothed Michelle Obama, lowered its sales and operating
Hugo Boss Lowers Sales, Profit Forecasts on Slowdown in Europe
FRANKFURT, Germany — Hugo Boss AG, the German fashion house whose artistic director has clothed Michelle Obama, lowered its sales and operating
Financial Markets
Rocket Internet IPO Propped Up By Underwriting Bank
Proceeds from the listing of Rocket Internet shares were lowered to around 1.4 billion euros ($1.75 bln), from an initially targeted 1.6 billion euros, regulatory filings to the Frankfurt Stock Exchange late on Friday show.
Rocket Internet IPO Propped Up By Underwriting Bank
Proceeds from the listing of Rocket Internet shares were lowered to around 1.4 billion euros ($1.75 bln), from an initially targeted 1.6 billion euros, regulatory filings to the Frankfurt Stock Exchange late on Friday show.
Financial Markets
Ralph Lauren Posts Upbeat Q2 Earnings
NEW YORK, United States — Ralph Lauren Corp. on Wednesday reported fiscal second-quarter earnings of $201 million.
Ralph Lauren Posts Upbeat Q2 Earnings
NEW YORK, United States — Ralph Lauren Corp. on Wednesday reported fiscal second-quarter earnings of $201 million.
Financial Markets
Next Cuts Full-Year Forecast as Quarterly Sales Miss Estimates
Next Plc, the U.K.’s second-largest clothing retailer, cut its full-year forecasts as an extended period of unseasonably warm weather led shoppers to delay updating their wardrobes.
Next Cuts Full-Year Forecast as Quarterly Sales Miss Estimates
Next Plc, the U.K.’s second-largest clothing retailer, cut its full-year forecasts as an extended period of unseasonably warm weather led shoppers to delay updating their wardrobes.
Financial Markets
6 Emerging Fashion Brands Worth Investing In
In the last two years, emerging fashion brands like Christopher Kane, Altuzarra, JW Anderson, Nicholas Kirkwood and Roksanda have attracted a flurry of investment. Who’s next? BoF identifies the young fashion labels we would bet on, based on their commercial and creative potential.
6 Emerging Fashion Brands Worth Investing In
In the last two years, emerging fashion brands like Christopher Kane, Altuzarra, JW Anderson, Nicholas Kirkwood and Roksanda have attracted a flurry of investment. Who’s next? BoF identifies the young fashion labels we would bet on, based on their commercial and creative potential.
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.