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.
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Financial Markets
Estee Lauder Beats Street 2Q Forecasts
Estee Lauder Companies Inc. on Friday reported fiscal second-quarter earnings of $446.2 million. The results beat Wall Street expectations.
Estee Lauder Beats Street 2Q Forecasts
Estee Lauder Companies Inc. on Friday reported fiscal second-quarter earnings of $446.2 million. The results beat Wall Street expectations.
Financial Markets
Elizabeth Arden Reports 2Q Loss
Elizabeth Arden Inc. on Thursday reported a loss of $4.9 million in its fiscal second quarter. The results did not meet Wall Street expectations.
Elizabeth Arden Reports 2Q Loss
Elizabeth Arden Inc. on Thursday reported a loss of $4.9 million in its fiscal second quarter. The results did not meet Wall Street expectations.
Financial Markets
Kohl’s Plummets After Slow Fourth-Quarter Sales Weigh on Profit
Kohl’s Corp. plunged as much as 17 percent in early trading after slow fourth-quarter sales weighed on earnings, renewing concerns that the department-store industry is mired in a slump.
Kohl’s Plummets After Slow Fourth-Quarter Sales Weigh on Profit
Kohl’s Corp. plunged as much as 17 percent in early trading after slow fourth-quarter sales weighed on earnings, renewing concerns that the department-store industry is mired in a slump.
Financial Markets
Weak Sales at Kohl's, Ralph Lauren Spark Selloff in Retailers
Ralph Lauren Corp and Kohl's Corp warned of a tough year ahead after reporting disappointing holiday-quarter sales on Thursday, leading investors to dump their stocks and dragging down shares of several other retailers.
Weak Sales at Kohl's, Ralph Lauren Spark Selloff in Retailers
Ralph Lauren Corp and Kohl's Corp warned of a tough year ahead after reporting disappointing holiday-quarter sales on Thursday, leading investors to dump their stocks and dragging down shares of several other retailers.
Financial Markets
Ralph Lauren Shares Tumble After Company Cuts Annual Forecast
Ralph Lauren Corp., the apparel company known for preppy fashions, fell as much as 13 percent in early trading after cutting its annual forecast.
Ralph Lauren Shares Tumble After Company Cuts Annual Forecast
Ralph Lauren Corp., the apparel company known for preppy fashions, fell as much as 13 percent in early trading after cutting its annual forecast.
Financial Markets
Coty Tops Street 2Q Forecasts
Coty Inc. on Thursday reported fiscal second-quarter earnings of $89 million. The results exceeded Wall Street expectations.
Coty Tops Street 2Q Forecasts
Coty Inc. on Thursday reported fiscal second-quarter earnings of $89 million. The results exceeded Wall Street expectations.
Financial Markets
LVMH Shares Surge as Fashion Brands Overcome Asian Blues
LVMH shares gained the most in a year after results beat estimates on demand for Louis Vuitton bags in Japan and Europe, providing some relief for a beleaguered luxury-goods industry.
LVMH Shares Surge as Fashion Brands Overcome Asian Blues
LVMH shares gained the most in a year after results beat estimates on demand for Louis Vuitton bags in Japan and Europe, providing some relief for a beleaguered luxury-goods industry.
Financial Markets
Swatch Earnings Miss Estimates On Hong Kong, Strong Franc
Swatch Group AG reported 2015 earnings that missed analyst estimates as sales declined for the first time in six years, hurt by slumping demand in Hong Kong and the strength of the Swiss franc.
Swatch Earnings Miss Estimates On Hong Kong, Strong Franc
Swatch Group AG reported 2015 earnings that missed analyst estimates as sales declined for the first time in six years, hurt by slumping demand in Hong Kong and the strength of the Swiss franc.
Financial Markets
Calvin Klein’s Owner Gains After Annual Profit Exceeds Estimates
PVH Corp., the apparel company that owns the Calvin Klein and Tommy Hilfiger brands, gained as much as 8.1 percent after saying that 2015 profit came in at the high end of its projections.
Calvin Klein’s Owner Gains After Annual Profit Exceeds Estimates
PVH Corp., the apparel company that owns the Calvin Klein and Tommy Hilfiger brands, gained as much as 8.1 percent after saying that 2015 profit came in at the high end of its projections.
Financial Markets
LVMH Profit Beats Estimates as Fashion Unit Tops Expectations
LVMH, the world’s largest luxury company, reported annual profit that beat estimates as fashion and leather-goods sales exceeded expectations in the final quarter.
LVMH Profit Beats Estimates as Fashion Unit Tops Expectations
LVMH, the world’s largest luxury company, reported annual profit that beat estimates as fashion and leather-goods sales exceeded expectations in the final quarter.
Financial Markets
Michael Kors Beats Estimates After New Accessories Fuel Growth
Kors Holdings Ltd. posted third-quarter profit that topped analysts’ estimates after e-commerce sales and a new lineup of accessories fueled growth.
Michael Kors Beats Estimates After New Accessories Fuel Growth
Kors Holdings Ltd. posted third-quarter profit that topped analysts’ estimates after e-commerce sales and a new lineup of accessories fueled growth.
Financial Markets
American Apparel Reports 3Q Loss
American Apparel Inc. on Monday reported a loss of $25.6 million in its third quarter.
American Apparel Reports 3Q Loss
American Apparel Inc. on Monday reported a loss of $25.6 million in its third quarter.
The News in Brief
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.
Asics Buys Marathon Registration Platforms to Boost Running-Shoe Sales
The Japanese sportswear brand is accelerating global expansion by acquiring race-registration platforms to deepen engagement with runners.