LVMH Names Deputy CEO of Beauty Division, Parfums Christian Dior
Philippe Farnier, a longtime LVMH executive, will step into the new role effective immediately, reporting to divisional head Véronique Courtois.
earnings-report
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.
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.
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
Next Cuts Sales Outlook, Sees Hardest Year Since 2008
UK clothing retailer Next Plc lowered its full-year sales forecast, saying it may face the toughest year since 2008.
Next Cuts Sales Outlook, Sees Hardest Year Since 2008
UK clothing retailer Next Plc lowered its full-year sales forecast, saying it may face the toughest year since 2008.
Financial Markets
PVH Tops Street 4Q Forecasts
PVH Corp. on Wednesday reported fiscal fourth-quarter earnings of $134.2 million. The results surpassed Wall Street expectations.
PVH Tops Street 4Q Forecasts
PVH Corp. on Wednesday reported fiscal fourth-quarter earnings of $134.2 million. The results surpassed Wall Street expectations.
Financial Markets
Nike’s Third-Quarter Sales Miss Estimates, Hurt by Strong US Dollar
Nike Inc. posted disappointing third-quarter sales and signalled that orders in North America and some overseas markets are increasing more slowly than projected.
Nike’s Third-Quarter Sales Miss Estimates, Hurt by Strong US Dollar
Nike Inc. posted disappointing third-quarter sales and signalled that orders in North America and some overseas markets are increasing more slowly than projected.
Financial Markets
Hermès Full-Year Earnings Beat Estimates, Buoyed by Leather Goods, Japan
Hermès International SCA reported full-year earnings that beat analysts’ estimates, buoyed by sales of leather goods and demand in Japan.
Hermès Full-Year Earnings Beat Estimates, Buoyed by Leather Goods, Japan
Hermès International SCA reported full-year earnings that beat analysts’ estimates, buoyed by sales of leather goods and demand in Japan.
Financial Markets
Tiffany's Sales Drop 5.6 Percent in Holiday Quarter
Tiffany & Co's sales fell 5.6 percent in the holiday quarter as a strong dollar hurt tourist spending at its stores in the United States and ate into revenue from other markets.
Tiffany's Sales Drop 5.6 Percent in Holiday Quarter
Tiffany & Co's sales fell 5.6 percent in the holiday quarter as a strong dollar hurt tourist spending at its stores in the United States and ate into revenue from other markets.
Financial Markets
Ferragamo Shares Jump in Milan After Earnings Exceed Estimates
Salvatore Ferragamo SpA rose in early Milan trading after reporting quarterly earnings that beat estimates and forecasting “a positive year” amid a tough industry backdrop.
Ferragamo Shares Jump in Milan After Earnings Exceed Estimates
Salvatore Ferragamo SpA rose in early Milan trading after reporting quarterly earnings that beat estimates and forecasting “a positive year” amid a tough industry backdrop.
Financial Markets
Aeropostale Will Explore Strategic Alternatives as Losses Deepen
Aeropostale Inc., the teen-apparel chain working to turn around its falling sales, plans to review strategic alternatives for the business after reporting a wider fourth-quarter loss.
Aeropostale Will Explore Strategic Alternatives as Losses Deepen
Aeropostale Inc., the teen-apparel chain working to turn around its falling sales, plans to review strategic alternatives for the business after reporting a wider fourth-quarter loss.
Financial Markets
Guess Misses 4Q Profit Forecasts
Guess Inc. on Wednesday reported fiscal fourth-quarter earnings of $47.8 million. The results did not meet Wall Street expectations.
Guess Misses 4Q Profit Forecasts
Guess Inc. on Wednesday reported fiscal fourth-quarter earnings of $47.8 million. The results did not meet Wall Street expectations.
Financial Markets
Inditex Profit Rises at Fastest Pace in Three Years on Expansion
Inditex SA reported its fastest annual profit growth in three years as it added stores and expanded online sales.
Inditex Profit Rises at Fastest Pace in Three Years on Expansion
Inditex SA reported its fastest annual profit growth in three years as it added stores and expanded online sales.
Financial Markets
Urban Outfitters Beats 4Q Profit Forecasts
Urban Outfitters Inc. on Monday reported fiscal fourth-quarter earnings of $72.9 million. The results exceeded Wall Street expectations.
Urban Outfitters Beats 4Q Profit Forecasts
Urban Outfitters Inc. on Monday reported fiscal fourth-quarter earnings of $72.9 million. The results exceeded Wall Street expectations.
The News in Brief
Reliance Retail Acquires Pahadi Local
India’s largest retailer has acquired Himalayan skincare brand Pahadi Local amid a global surge in demand for Indian beauty and wellness.
Henkel Acquires Hair Care Brand Not Your Mother’s
The German consumer giant is expanding its US hair care presence with the the fast-growing, teen-favourite brand.
Muji Is Turning Skincare Into Its Next Growth Engine
The Japanese retailer is betting on its fast-growing, value-for-money skincare products to drive growth at home and abroad.
Fast Fashion Garments Pile Up in South Asia as Middle East Conflict Grounds Planes
Shipments of garments for major retailers are stranded at airports in Bangladesh and India as the conflict in the Middle East forces airlines cancel flights.
Saks Global to Shut 15 More Stores as Part of Restructuring
The luxury retailer, which filed for bankruptcy earlier this year, will close more stores as it tries to cut losses and focus on more profitable, higher-end locations.
Nike’s Latest SEC Filing Revives Converse Sale Speculation
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.
US Economy Unexpectedly Loses Jobs in February; Unemployment Rate Rises to 4.4%
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.