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Financial Markets

UK Retailer JD Sports' Full-Year Profit Beats Expectations

British retailer JD Sports Fashion Plc reported a 57 percent jump in full-year headline profit before tax and exceptional items, as sales of sports and fashion products continued to surge on the UK high street.

Financial Markets

UK Retailer JD Sports' Full-Year Profit Beats Expectations

British retailer JD Sports Fashion Plc reported a 57 percent jump in full-year headline profit before tax and exceptional items, as sales of sports and fashion products continued to surge on the UK high street.


Financial Markets

Rocket Internet Vows to Limit Losses After 2015 Cash Burn

German e-commerce firm Rocket Internet said it was on track to make three of its start-ups profitable by the end of 2017, and its losses should have peaked last year when its companies burned through 1 billion euros ($1.1 billion).

Financial Markets

Rocket Internet Vows to Limit Losses After 2015 Cash Burn

German e-commerce firm Rocket Internet said it was on track to make three of its start-ups profitable by the end of 2017, and its losses should have peaked last year when its companies burned through 1 billion euros ($1.1 billion).


Financial Markets

Fewer Paris Tourists and DKNY Shift Hit LVMH's Fashion and Leather

LVMH has announced their poor performance in fashion and leather goods being due to lower tourist spending on big brands such as Louis Vuitton in France and the ending of some DKNY lines.

Financial Markets

Fewer Paris Tourists and DKNY Shift Hit LVMH's Fashion and Leather

LVMH has announced their poor performance in fashion and leather goods being due to lower tourist spending on big brands such as Louis Vuitton in France and the ending of some DKNY lines.


Financial Markets

Perry Ellis Reports 4Q Loss

Perry Ellis International Inc. has reported a loss of $17.7 million in its fiscal fourth quarter.

Financial Markets

Perry Ellis Reports 4Q Loss

Perry Ellis International Inc. has reported a loss of $17.7 million in its fiscal fourth quarter.


Financial Markets

LVMH Shares Fall, Dragging Down Rivals

European shares have fallen with luxury good stocks among the worst performers after France's LVMH posted first quarter sales below forecasts.

Financial Markets

LVMH Shares Fall, Dragging Down Rivals

European shares have fallen with luxury good stocks among the worst performers after France's LVMH posted first quarter sales below forecasts.


Financial Markets

Sports Direct Buys Oxford Street Freehold for Fashion Flagship

Retailer Sports Direct International has announced it will buy the freehold of a property in London's Oxford Street for 108 million pounds for use as a flagship store for its FLANNELS.com fashion brand and offices.

Financial Markets

Sports Direct Buys Oxford Street Freehold for Fashion Flagship

Retailer Sports Direct International has announced it will buy the freehold of a property in London's Oxford Street for 108 million pounds for use as a flagship store for its FLANNELS.com fashion brand and offices.


Financial Markets

Under Armour Drops After Jordan Spieth Loses Masters

Shares of sports apparel maker Under Armour dropped nearly 6 percent after defending champion Jordan Spieth lost the Masters golf tournament in a shocking meltdown.

Financial Markets

Under Armour Drops After Jordan Spieth Loses Masters

Shares of sports apparel maker Under Armour dropped nearly 6 percent after defending champion Jordan Spieth lost the Masters golf tournament in a shocking meltdown.


Financial Markets

Prada Store Closures to Offset Openings and Shield Profit Margins

Prada will offset new shop openings with selective closures this year and the next in an effort to shield profit margins from weaker demand.

Financial Markets

Prada Store Closures to Offset Openings and Shield Profit Margins

Prada will offset new shop openings with selective closures this year and the next in an effort to shield profit margins from weaker demand.


Financial Markets

LVMH First-Quarter Sales Miss Forecasts, Says France Remains Weak

LVMH on Monday posted first-quarter sales below forecasts as tourist shopping in key markets such as France and Hong Kong remained low.

Financial Markets

LVMH First-Quarter Sales Miss Forecasts, Says France Remains Weak

LVMH on Monday posted first-quarter sales below forecasts as tourist shopping in key markets such as France and Hong Kong remained low.


Financial Markets

H&M Q1 Profit Hit by Markdowns and Currency Effects

Hennes & Mauritz posted a 30 percent drop in first-quarter pretax profit on Wednesday due to markdowns and a stronger US dollar, although the results were slightly better than expected.

Financial Markets

H&M Q1 Profit Hit by Markdowns and Currency Effects

Hennes & Mauritz posted a 30 percent drop in first-quarter pretax profit on Wednesday due to markdowns and a stronger US dollar, although the results were slightly better than expected.


Financial Markets

Swiss Retailers Feel Lingering Pain from Currency Shock

Last year's 2 billion Swiss franc ($2.1 billion) drop marked the worst retail sales tumble since recordkeeping began in 1980.

Financial Markets

Swiss Retailers Feel Lingering Pain from Currency Shock

Last year's 2 billion Swiss franc ($2.1 billion) drop marked the worst retail sales tumble since recordkeeping began in 1980.


Financial Markets

Hudson's Bay Profit Misses as Costs Rise

Department store operator Hudson's Bay Co reported a smaller-than-expected quarterly profit as expenses soared and sales at established Saks Fifth Avenue stores dropped.

Financial Markets

Hudson's Bay Profit Misses as Costs Rise

Department store operator Hudson's Bay Co reported a smaller-than-expected quarterly profit as expenses soared and sales at established Saks Fifth Avenue stores dropped.