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Financial Markets

Inditex Reports Slowdown in Sales, Weaker Profitability

The Zara owner reported its weakest profitability in a decade, showing that it isn’t immune to the troubles ailing Swedish rival H&M.

Financial Markets

Inditex Reports Slowdown in Sales, Weaker Profitability

The Zara owner reported its weakest profitability in a decade, showing that it isn’t immune to the troubles ailing Swedish rival H&M.


Financial Markets

Dick's Is Tumbling and Its Woes Have Nothing to Do With Guns

Profit, revenue and same-store sales all missed projections.

Financial Markets

Dick's Is Tumbling and Its Woes Have Nothing to Do With Guns

Profit, revenue and same-store sales all missed projections.


Financial Markets

Furla Revenues to Surpass €500 Million in 2018

The Italian handbag maker’s turnover grew 20 percent last year, fuelled by strong demand in the Asia-Pacific region and its digital investments.

Financial Markets

Furla Revenues to Surpass €500 Million in 2018

The Italian handbag maker’s turnover grew 20 percent last year, fuelled by strong demand in the Asia-Pacific region and its digital investments.


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.

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.


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.

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.


Financial Markets

Target’s Turnaround Plan Takes a Toll on Profit

The retailer is spending more on delivering online orders as part of its push to catch up in e-commerce.

Financial Markets

Target’s Turnaround Plan Takes a Toll on Profit

The retailer is spending more on delivering online orders as part of its push to catch up in e-commerce.


Retail

Nordstrom's Weaker Profit Clouds Comeback Plan

Though sales grew faster than expected last quarter, the results spotlighted the challenges in Nordstrom’s turnaround plan.

Retail

Nordstrom's Weaker Profit Clouds Comeback Plan

Though sales grew faster than expected last quarter, the results spotlighted the challenges in Nordstrom’s turnaround plan.


Financial Markets

Gap Jumps as Old Navy Fuels Optimism for Faster Rebound

Banana Republic and the Gap brand also outpaced estimates.

Financial Markets

Gap Jumps as Old Navy Fuels Optimism for Faster Rebound

Banana Republic and the Gap brand also outpaced estimates.


Financial Markets

Moncler Sales Rose 15 Percent in 2017

The Italian luxury outerwear maker said it foresaw further growth in 2018, after posting a rise in revenue last year and launching a new product strategy based on faster-paced collections.

Financial Markets

Moncler Sales Rose 15 Percent in 2017

The Italian luxury outerwear maker said it foresaw further growth in 2018, after posting a rise in revenue last year and launching a new product strategy based on faster-paced collections.


Technology

Fossil Soars as Wearables, E-Commerce Fuels Sales

Sales of wearable devices nearly doubled last year to more than $300 million and now account for 14 percent of Fossil's watch revenue.

Technology

Fossil Soars as Wearables, E-Commerce Fuels Sales

Sales of wearable devices nearly doubled last year to more than $300 million and now account for 14 percent of Fossil's watch revenue.


Financial Markets

Under Armour's Global Push Helps Ease Slump at Home

The athletic-wear company reported fourth-quarter revenue that topped projections, led by a 47 percent increase in sales outside North America.

Financial Markets

Under Armour's Global Push Helps Ease Slump at Home

The athletic-wear company reported fourth-quarter revenue that topped projections, led by a 47 percent increase in sales outside North America.


Financial Markets

Gucci Boosts Kering's Fourth-Quarter Sales Growth

Kering is enjoying its most profitable year on record, as Gucci closed out 2017 with another quarter of runaway growth.

Financial Markets

Gucci Boosts Kering's Fourth-Quarter Sales Growth

Kering is enjoying its most profitable year on record, as Gucci closed out 2017 with another quarter of runaway growth.