Gap Sales Miss Expectations After Old Navy, Athleta Fall Short
The brands Gap and Banana Republic beat comparable sales estimates.
earnings-forecast
Financial Markets
VF Corporation's Quarterly Results Top Estimates
Revenue from the company's Vans shoe segment rose 35 percent in the quarter, helping drive the strong results.
VF Corporation's Quarterly Results Top Estimates
Revenue from the company's Vans shoe segment rose 35 percent in the quarter, helping drive the strong results.
Financial Markets
EBay Rattles Investors Already Spooked by Threat of Amazon
The online marketplace missed on sales and trimmed its 2018 revenue outlook.
EBay Rattles Investors Already Spooked by Threat of Amazon
The online marketplace missed on sales and trimmed its 2018 revenue outlook.
News & Analysis
Gucci Aims for €10 Billion Revenue Threshold
Gucci, the biggest earnings driver at French group Kering, said it expected sales to grow at twice the pace of the luxury market in the coming years.
Gucci Aims for €10 Billion Revenue Threshold
Gucci, the biggest earnings driver at French group Kering, said it expected sales to grow at twice the pace of the luxury market in the coming years.
Retail
Kohl’s Revenues Top Analyst Estimates
The US department-store chain raised its full-year earnings forecast as its turnaround gains steam.
Kohl’s Revenues Top Analyst Estimates
The US department-store chain raised its full-year earnings forecast as its turnaround gains steam.
China
Alibaba Unapologetic on Spending to Drive Growth
The e-commerce giant has been spending more as it expands into new areas and abroad.
Alibaba Unapologetic on Spending to Drive Growth
The e-commerce giant has been spending more as it expands into new areas and abroad.
News & Analysis
Amazon Expects Strong Revenue Growth
Revenue in the first quarter is estimated to reach $49.9 billion, up 40 percent from a year earlier, boosted by the Whole Foods acquisition.
Amazon Expects Strong Revenue Growth
Revenue in the first quarter is estimated to reach $49.9 billion, up 40 percent from a year earlier, boosted by the Whole Foods acquisition.
News & Analysis
Puma Says China Powered Strong First-Quarter Sales
The German sportswear maker raised its full-year growth target after reporting a stronger-than-expected start to 2018.
Puma Says China Powered Strong First-Quarter Sales
The German sportswear maker raised its full-year growth target after reporting a stronger-than-expected start to 2018.
Financial Markets
Puma Lifts Guidance As Sales Growth Accelerates
The German sportswear brand nudged up its sales and profit guidance for 2018, but warned of volatile currencies and the threat of a US-China trade war.
Puma Lifts Guidance As Sales Growth Accelerates
The German sportswear brand nudged up its sales and profit guidance for 2018, but warned of volatile currencies and the threat of a US-China trade war.
Financial Markets
Prada Shares Soar 20 Percent on Growth Outlook
Prada shares jumped to its highest level since June 2015.
Prada Shares Soar 20 Percent on Growth Outlook
Prada shares jumped to its highest level since June 2015.
Financial Markets
Prada Sees Growth Ahead Despite Profit Drop
Despite the declines, chief executive Patrizio Bertelli expressed confidence the Italian luxury-goods brand would return to growth.
Prada Sees Growth Ahead Despite Profit Drop
Despite the declines, chief executive Patrizio Bertelli expressed confidence the Italian luxury-goods brand would return to growth.
News & Analysis
Hugo Boss Expects Sales Uplift in 2018
The German fashion house expects sales growth to accelerate as it adds more sportswear and casual styles, while revamping stores and its website.
Hugo Boss Expects Sales Uplift in 2018
The German fashion house expects sales growth to accelerate as it adds more sportswear and casual styles, while revamping stores and its website.
Financial Markets
Yoox Net-A-Porter on Track to Meet Five-Year Plan Target
YNAP's core profit margins are forecast to rise by 30 to 70 basis points in 2018, with the online luxury retailer boosted by mobile sales and those in the Middle East.
Yoox Net-A-Porter on Track to Meet Five-Year Plan Target
YNAP's core profit margins are forecast to rise by 30 to 70 basis points in 2018, with the online luxury retailer boosted by mobile sales and those in the Middle East.
The News in Brief
Fashion Startup Founder Pleads Guilty in $300 Million Fraud
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
Victoria’s Secret Forecasts Its Best Year Since L Brands Split
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
Uniqlo Aims to Grow Tenfold in India With Summer-Centric Clothes
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Oasis Pressures Kao in Latest Japan Activist Investor Push
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.
American Eagle Forecasts Sales Growth Above Estimates on Demand From Wealthy Shoppers
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
Missoni Family Exits Namesake Brand
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Ross Stores Forecasts Annual Sales Above Estimates on Resilient Demand for Discounted Apparel
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.