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Financial Markets

Coach Beats Forecasts

Coach Inc. has reported fiscal third-quarter net income of $112.5 million.

Financial Markets

Coach Beats Forecasts

Coach Inc. has reported fiscal third-quarter net income of $112.5 million.


Financial Markets

Kering Misses Estimates, YSL Still Star Performer

Kering SA reported first-quarter revenue that trailed analysts’ estimates as slowing tourism flows weighed on demand in Europe.

Financial Markets

Kering Misses Estimates, YSL Still Star Performer

Kering SA reported first-quarter revenue that trailed analysts’ estimates as slowing tourism flows weighed on demand in Europe.


Financial Markets

Under Armour's Quarterly Revenue Jumps 30 percent

Under Armour Inc posted a 30 percent jump in quarterly revenue, helped by strong demand for its sports apparel and launches of new running and basketball shoes.

Financial Markets

Under Armour's Quarterly Revenue Jumps 30 percent

Under Armour Inc posted a 30 percent jump in quarterly revenue, helped by strong demand for its sports apparel and launches of new running and basketball shoes.


Financial Markets

N Brown Says Trading in New Financial Year Subdued

British plus-size fashion retailer N Brown Group Plc expects a hit of about £3 million on full-year profit before tax in the new financial year, and said trading so far has been subdued.

Financial Markets

N Brown Says Trading in New Financial Year Subdued

British plus-size fashion retailer N Brown Group Plc expects a hit of about £3 million on full-year profit before tax in the new financial year, and said trading so far has been subdued.


Financial Markets

Beyonce Seen Boosting Zalando After Muted Start to 2016

Zalando said the launch of a new sports label by Beyonce had boosted sales since the Easter holidays after revenue grew less rapidly than expected in the first quarter.

Financial Markets

Beyonce Seen Boosting Zalando After Muted Start to 2016

Zalando said the launch of a new sports label by Beyonce had boosted sales since the Easter holidays after revenue grew less rapidly than expected in the first quarter.


Financial Markets

European Shares Hit One-Month High, L'Oreal Leads

L'Oreal rose 4.6 percent, the top gainer in the FTSEurofirst 300 index, as the French cosmetics company pledged to outperform the market in 2016 and confirmed its ambition to achieve another year of sales and profit growth after first-quarter sales rose more than expected.

Financial Markets

European Shares Hit One-Month High, L'Oreal Leads

L'Oreal rose 4.6 percent, the top gainer in the FTSEurofirst 300 index, as the French cosmetics company pledged to outperform the market in 2016 and confirmed its ambition to achieve another year of sales and profit growth after first-quarter sales rose more than expected.


Financial Markets

AB Foods Sees Relief from Currency Pressures as Profit Rises

Associated British Foods, owner of the Primark clothing chain, beat forecasts with a 3 percent rise in first-half profits and said currency pressures that had held back its performance were starting to ease.

Financial Markets

AB Foods Sees Relief from Currency Pressures as Profit Rises

Associated British Foods, owner of the Primark clothing chain, beat forecasts with a 3 percent rise in first-half profits and said currency pressures that had held back its performance were starting to ease.


Financial Markets

L'Oreal Sales Rise 1.8 Percent as Developed Markets Hold Up

French cosmetics maker L'Oreal says its sales edged up 1.8 percent in the first three months of the year to 6.55 billion euros ($7.41 billion) as gains in its main markets in Western Europe and North America offset a decline in Latin America.

Financial Markets

L'Oreal Sales Rise 1.8 Percent as Developed Markets Hold Up

French cosmetics maker L'Oreal says its sales edged up 1.8 percent in the first three months of the year to 6.55 billion euros ($7.41 billion) as gains in its main markets in Western Europe and North America offset a decline in Latin America.


Financial Markets

Few Signs of Relief for Troubled US Apparel Retailers

Analysts expect several months of falling or barely-growing revenues from Gap, American Eagle Outfitters and other US mall mainstays.

Financial Markets

Few Signs of Relief for Troubled US Apparel Retailers

Analysts expect several months of falling or barely-growing revenues from Gap, American Eagle Outfitters and other US mall mainstays.


Financial Markets

Bulgari Sees Brighter Prospects for Second Half of Year

Bulgari chief executive Jean-Christophe Babin sees growth picking up in the second half of the year after sales suffered following the terror attacks in Paris in November.

Financial Markets

Bulgari Sees Brighter Prospects for Second Half of Year

Bulgari chief executive Jean-Christophe Babin sees growth picking up in the second half of the year after sales suffered following the terror attacks in Paris in November.


Financial Markets

Lower Tourist Spending Checks Burberry Sales Growth

British luxury fashion brand Burberry said tough conditions would hit profit in the year ahead after a drop in tourist spending in continental Europe and weak demand in Hong Kong depressed sales in recent months.

Financial Markets

Lower Tourist Spending Checks Burberry Sales Growth

British luxury fashion brand Burberry said tough conditions would hit profit in the year ahead after a drop in tourist spending in continental Europe and weak demand in Hong Kong depressed sales in recent months.


Financial Markets

Burberry Sees Profit Setback Amid Declining Luxury-Goods Demand

Burberry Group Plc said earnings this year will be at the low end of analysts’ estimates as the company struggles to cope with ebbing demand in Hong Kong and Europe.

Financial Markets

Burberry Sees Profit Setback Amid Declining Luxury-Goods Demand

Burberry Group Plc said earnings this year will be at the low end of analysts’ estimates as the company struggles to cope with ebbing demand in Hong Kong and Europe.