The online luxury retailer Yoox Net-a-Porter reported first-half earnings that beat estimates as the company’s mobile platform grew to account for more than half of sales.
The online luxury retailer Yoox Net-a-Porter reported first-half earnings that beat estimates as the company’s mobile platform grew to account for more than half of sales.
The luxury conglomerate's growth trend continues at an impressive pace, thanks to sales increases in nearly every region and from more brands than powerhouses Gucci and Saint Laurent.
The luxury conglomerate's growth trend continues at an impressive pace, thanks to sales increases in nearly every region and from more brands than powerhouses Gucci and Saint Laurent.
Profit from recurring operations rose 23 percent to €3.64 billion ($4.23 billion) in the first half, the French luxury goods conglomerate reported Wednesday.
Profit from recurring operations rose 23 percent to €3.64 billion ($4.23 billion) in the first half, the French luxury goods conglomerate reported Wednesday.
The company is trying to respond to a rebound in demand for high-end goods by training up leather workers and adding new sites.
The company is trying to respond to a rebound in demand for high-end goods by training up leather workers and adding new sites.
Strong first-quarter results give Gobbetti a boost as he seeks to benefit from a luxury goods rebound in China while overhauling the company’s US business.
Strong first-quarter results give Gobbetti a boost as he seeks to benefit from a luxury goods rebound in China while overhauling the company’s US business.
Net sales at the Victoria's Secret owner fell 6 percent in June, compared with last year during the same period, and same-store sales fell 9 percent, which is worse than industry analysts had expected.
Net sales at the Victoria's Secret owner fell 6 percent in June, compared with last year during the same period, and same-store sales fell 9 percent, which is worse than industry analysts had expected.
Guess shares have fallen 18 percent since the beginning of the year and on Wednesday reported a loss of $21.3 million in its fiscal first quarter.
Guess shares have fallen 18 percent since the beginning of the year and on Wednesday reported a loss of $21.3 million in its fiscal first quarter.
The New York-based company posted revenue of $1.99 billion in the period.
The New York-based company posted revenue of $1.99 billion in the period.
Ralph Lauren has been struggling to turnaround sales due to sluggish spending on apparel and accessories. The company's margins have taken a hit as competition in the industry has stiffened.
Ralph Lauren has been struggling to turnaround sales due to sluggish spending on apparel and accessories. The company's margins have taken a hit as competition in the industry has stiffened.
While Burberry reported it generated cash of $897.6 million for the year ended March 31, there is little to console investors elsewhere in the business as it still has a mountain to climb to make itself a millennial must-have.
While Burberry reported it generated cash of $897.6 million for the year ended March 31, there is little to console investors elsewhere in the business as it still has a mountain to climb to make itself a millennial must-have.
The company reported its full year pre-tax profit dropped to $599 million, on an underlying basis, underscoring the challenge that faces Marco Gobbetti when he becomes CEO in July.
The company reported its full year pre-tax profit dropped to $599 million, on an underlying basis, underscoring the challenge that faces Marco Gobbetti when he becomes CEO in July.
L Brands Inc. on Wednesday reported fiscal first-quarter earnings of $94.1 million.
L Brands Inc. on Wednesday reported fiscal first-quarter earnings of $94.1 million.
In a document filed with the Securities and Exchange Commission, the company’s management has approved a plan for organisational changes expected to cost the brand nearly $300 million. One analyst posited the target could be its struggling subsidiary.
The decline in nonfarm payrolls reported by the Labor Department in its employment report on Friday was the sixth since January 2025 and the second largest.
The Japanese sportswear brand is accelerating global expansion by acquiring race-registration platforms to deepen engagement with runners.
The brands Gap and Banana Republic beat comparable sales estimates.
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
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.
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
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.