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Financial Markets

Urban Outfitters Misses First Quarter Forecasts

Urban Outfitters Inc. on Tuesday reported fiscal first-quarter earnings of $11.9 million.

Financial Markets

Urban Outfitters Misses First Quarter Forecasts

Urban Outfitters Inc. on Tuesday reported fiscal first-quarter earnings of $11.9 million.


Luxury

The New Retail

This week, LVMH confirmed the launch of 24 Sèvres, its long-awaited return to multi-brand e-commerce. But the once-distinct worlds of online and offline retail are converging, giving birth to a new retail reality.

Luxury

The New Retail

This week, LVMH confirmed the launch of 24 Sèvres, its long-awaited return to multi-brand e-commerce. But the once-distinct worlds of online and offline retail are converging, giving birth to a new retail reality.


Retail

Hudson's Bay Shares Drop on Disappointing Sales

Shares in the department store chain owner fell by more than 6 percent after it reported disappointing quarterly same-store sales figures, hurt by fewer customers shopping in its stores.

Retail

Hudson's Bay Shares Drop on Disappointing Sales

Shares in the department store chain owner fell by more than 6 percent after it reported disappointing quarterly same-store sales figures, hurt by fewer customers shopping in its stores.


Luxury

Op-Ed | For Richemont, There Can Be Such a Thing as Too Many Luxury Watches

Richemont's approach shows a continuation of the disciplined stance it took during the latest luxury downturn, buying back excess stock and cutting about 300 Swiss staff to curb costs.

Luxury

Op-Ed | For Richemont, There Can Be Such a Thing as Too Many Luxury Watches

Richemont's approach shows a continuation of the disciplined stance it took during the latest luxury downturn, buying back excess stock and cutting about 300 Swiss staff to curb costs.


Luxury

Richemont Shares Fall by 5 Percent After It Misses Profit Expectations

Shares in the luxury goods group fell 5.6 percent, after it said the trading environment would stay volatile. Richemont reported net profits fell below expectations but sales growth picked up towards the end of its fiscal year to March.

Luxury

Richemont Shares Fall by 5 Percent After It Misses Profit Expectations

Shares in the luxury goods group fell 5.6 percent, after it said the trading environment would stay volatile. Richemont reported net profits fell below expectations but sales growth picked up towards the end of its fiscal year to March.


Luxury

Nordstrom Shares Slip as It Fails to Avoid Retail Slump

The upmarket department store chain is suffering from sluggish store traffic and consumers’ growing preference to buy online.

Luxury

Nordstrom Shares Slip as It Fails to Avoid Retail Slump

The upmarket department store chain is suffering from sluggish store traffic and consumers’ growing preference to buy online.


Retail

Macy's Shares Tumble After Weak Quarterly Sales

New chief executive officer Jeff Gennette faces declining foot traffic in malls, race-to-the-bottom discounts among his competition, and a shrinking customer base.

Retail

Macy's Shares Tumble After Weak Quarterly Sales

New chief executive officer Jeff Gennette faces declining foot traffic in malls, race-to-the-bottom discounts among his competition, and a shrinking customer base.


Financial Markets

Snap Shares Tumble After New Users and Sales Growth Slow

The company's social media app added fewer users than projected in the first quarter, a sign that it may have trouble expanding its audience as social-media giant Facebook copies its most popular features.

Financial Markets

Snap Shares Tumble After New Users and Sales Growth Slow

The company's social media app added fewer users than projected in the first quarter, a sign that it may have trouble expanding its audience as social-media giant Facebook copies its most popular features.


Financial Markets

Snap's First Earnings To Shed Light on Battle With Facebook, Twitter

Investors in the social media app are eager to avoid one in particular when the company reports its earnings for the first time since its initial public offering: a plunging stock price.

Financial Markets

Snap's First Earnings To Shed Light on Battle With Facebook, Twitter

Investors in the social media app are eager to avoid one in particular when the company reports its earnings for the first time since its initial public offering: a plunging stock price.


Financial Markets

Coty Reports Third-Quarter Loss

Shares in the beauty company have dropped nearly 3 percent since the beginning of the year.

Financial Markets

Coty Reports Third-Quarter Loss

Shares in the beauty company have dropped nearly 3 percent since the beginning of the year.


Financial Markets

Estée Lauder Tops Third Quarter Forecasts

The luxury beauty conglomerate posted revenue of $2.86 billion in the period, which also beat Street forecasts.

Financial Markets

Estée Lauder Tops Third Quarter Forecasts

The luxury beauty conglomerate posted revenue of $2.86 billion in the period, which also beat Street forecasts.


Financial Markets

Coach Tops Third Quarter Profit Forecasts

Coach Inc on Tuesday reported fiscal third-quarter profit of $122.2 million.

Financial Markets

Coach Tops Third Quarter Profit Forecasts

Coach Inc on Tuesday reported fiscal third-quarter profit of $122.2 million.