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
Shiseido Jumps by Record as Tourist Buying Fuels Gain in Profit
Shiseido Co. surged by the most on record in Tokyo trading after the Japanese cosmetics maker reported that buying by tourists helped fuel profit that beat analyst estimates.
Shiseido Jumps by Record as Tourist Buying Fuels Gain in Profit
Shiseido Co. surged by the most on record in Tokyo trading after the Japanese cosmetics maker reported that buying by tourists helped fuel profit that beat analyst estimates.
Financial Markets
Amazon's Profit Misses Estimates as Costs Jump
Amazon.com Inc's profit in the holiday quarter missed analysts' estimates by a wide margin as operating expenses rose and growth slowed in its cloud services business.
Amazon's Profit Misses Estimates as Costs Jump
Amazon.com Inc's profit in the holiday quarter missed analysts' estimates by a wide margin as operating expenses rose and growth slowed in its cloud services business.
Financial Markets
Under Armour Soars After Footwear Surge Helps Boost Profit
Under Armour Inc. shares rose as much as 14 percent in early trading after its fourth-quarter results and annual forecast surpassed analysts’ estimates, helped by newer products.
Under Armour Soars After Footwear Surge Helps Boost Profit
Under Armour Inc. shares rose as much as 14 percent in early trading after its fourth-quarter results and annual forecast surpassed analysts’ estimates, helped by newer products.
Financial Markets
H&M Earnings Miss Estimates as Stronger Dollar Boosts Costs
Hennes & Mauritz AB reported fourth-quarter earnings that missed analysts’ estimates as the clothing retailer’s margins suffered from the strength of the dollar.
H&M Earnings Miss Estimates as Stronger Dollar Boosts Costs
Hennes & Mauritz AB reported fourth-quarter earnings that missed analysts’ estimates as the clothing retailer’s margins suffered from the strength of the dollar.
Financial Markets
EBay Gives Disappointing Forecast, Shares Fall
EBay Inc forecast lower-than-expected revenue and profit for the current quarter and full year, as the e-commerce company struggles against a strong dollar and stiff competition from Amazon.com Inc.
EBay Gives Disappointing Forecast, Shares Fall
EBay Inc forecast lower-than-expected revenue and profit for the current quarter and full year, as the e-commerce company struggles against a strong dollar and stiff competition from Amazon.com Inc.
Financial Markets
Coach's Less-Bad Earnings May Be Just Good Enough
For any other retailer, a 7 percent year-over-year decline in profit would be nothing to cheer. But for Coach, the results released Tuesday were a good enough indication that it is finally starting to win back its customers.
Coach's Less-Bad Earnings May Be Just Good Enough
For any other retailer, a 7 percent year-over-year decline in profit would be nothing to cheer. But for Coach, the results released Tuesday were a good enough indication that it is finally starting to win back its customers.
Financial Markets
Coach Profit Tops Analyst Estimates as New Products Boost Sales
Coach Inc. posted second-quarter profit that topped estimates and raised its full-year earnings outlook after new designs boosted sales.
Coach Profit Tops Analyst Estimates as New Products Boost Sales
Coach Inc. posted second-quarter profit that topped estimates and raised its full-year earnings outlook after new designs boosted sales.
Financial Markets
Hugo Boss Gains as Sales Increase Reassures Amid Profit Setback
Hugo Boss AG reassured investors by announcing growth in fourth-quarter sales and profit, sending the shares higher.
Hugo Boss Gains as Sales Increase Reassures Amid Profit Setback
Hugo Boss AG reassured investors by announcing growth in fourth-quarter sales and profit, sending the shares higher.
Financial Markets
Slump in Hong Kong, Macau Hits Burberry Christmas Sales
Burberry Group Plc reported Christmas revenue that trailed its own forecast, hurt by a slump in demand in Hong Kong and Macau.
Slump in Hong Kong, Macau Hits Burberry Christmas Sales
Burberry Group Plc reported Christmas revenue that trailed its own forecast, hurt by a slump in demand in Hong Kong and Macau.
Financial Markets
Richemont Christmas Season Sales Drop for First Time Since 2008
Richemont, the maker of Cartier jewellery and IWC Schaffhausen timepieces, reported its first decline in Christmas revenue since 2008 amid weak demand for watches in Asia.
Richemont Christmas Season Sales Drop for First Time Since 2008
Richemont, the maker of Cartier jewellery and IWC Schaffhausen timepieces, reported its first decline in Christmas revenue since 2008 amid weak demand for watches in Asia.
Financial Markets
American Eagle Dives After Holiday Sales Fall Short of Estimates
American Eagle Outfitters Inc. suffered its worst stock decline in more than two years after holiday sales missed analysts’ estimates, stoking concerns about a company that had been outshining the rest of the teen-apparel industry.
American Eagle Dives After Holiday Sales Fall Short of Estimates
American Eagle Outfitters Inc. suffered its worst stock decline in more than two years after holiday sales missed analysts’ estimates, stoking concerns about a company that had been outshining the rest of the teen-apparel industry.
Financial Markets
Sports Direct Troubles Mount as Retailer Warns of Profit Slip
Sports Direct International Plc said it’s no longer confident of meeting its full-year earnings target, heaping more misery on the embattled UK retailer.
Sports Direct Troubles Mount as Retailer Warns of Profit Slip
Sports Direct International Plc said it’s no longer confident of meeting its full-year earnings target, heaping more misery on the embattled UK retailer.
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.