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
Perry Ellis Tops 3Q Profit Forecasts
Perry Ellis International Inc. on Thursday reported fiscal third-quarter net income of $2.3 million, after reporting a loss in the same period a year earlier.
Perry Ellis Tops 3Q Profit Forecasts
Perry Ellis International Inc. on Thursday reported fiscal third-quarter net income of $2.3 million, after reporting a loss in the same period a year earlier.
Financial Markets
L Brands Tops 3Q Profit Forecasts
L Brands Inc. on Wednesday reported fiscal third-quarter net income of $164 million. The results surpassed Wall Street expectations.
L Brands Tops 3Q Profit Forecasts
L Brands Inc. on Wednesday reported fiscal third-quarter net income of $164 million. The results surpassed Wall Street expectations.
Financial Markets
Mr Price Slides as Profit Growth Slows on Weaker Consumer Spend
Mr Price Group Ltd., a South African clothing and household goods retailer, said first-half profit and sales rose at a slower pace than a year earlier as consumer spending remained muted amid high unemployment and an economic slowdown.
Mr Price Slides as Profit Growth Slows on Weaker Consumer Spend
Mr Price Group Ltd., a South African clothing and household goods retailer, said first-half profit and sales rose at a slower pace than a year earlier as consumer spending remained muted amid high unemployment and an economic slowdown.
Financial Markets
Target Raises Earnings Forecast after Profit Rises
Target Corp. reported a bigger-than-expected increase in quarterly profit as revenue got a boost from online sales and strong growth in product categories at the centre of its turnaround plan.
Target Raises Earnings Forecast after Profit Rises
Target Corp. reported a bigger-than-expected increase in quarterly profit as revenue got a boost from online sales and strong growth in product categories at the centre of its turnaround plan.
Financial Markets
TJX Same-Store Sales Top Estimates as Shoppers Hunt for Deals
TJX Cos Inc reported a bigger-than-expected rise in quarterly comparable store sales as more bargain-hungry shoppers visited its stores for apparel, accessories and home goods.
TJX Same-Store Sales Top Estimates as Shoppers Hunt for Deals
TJX Cos Inc reported a bigger-than-expected rise in quarterly comparable store sales as more bargain-hungry shoppers visited its stores for apparel, accessories and home goods.
Financial Markets
Urban Outfitters Meets 3Q Profit Forecasts
Urban Outfitters Inc. on Monday reported fiscal third-quarter earnings of $52 million. The results met Wall Street expectations.
Urban Outfitters Meets 3Q Profit Forecasts
Urban Outfitters Inc. on Monday reported fiscal third-quarter earnings of $52 million. The results met Wall Street expectations.
Financial Markets
J.C. Penney Sales Beat Estimates, Helped by Sephora
J.C. Penney Co Inc reported better-than-expected quarterly net sales on Friday, helped by demand for home products and footwear and a strong performance by the Sephora beauty shops in its stores.
J.C. Penney Sales Beat Estimates, Helped by Sephora
J.C. Penney Co Inc reported better-than-expected quarterly net sales on Friday, helped by demand for home products and footwear and a strong performance by the Sephora beauty shops in its stores.
Financial Markets
Ferragamo Falls After Signaling Sales, Profit May Miss Estimates
Salvatore Ferragamo SpA fell as much as 8.1 percent after the Italian luxury shoemaker said full-year sales and profit may miss analysts’ estimates amid weak demand in the US and Hong Kong.
Ferragamo Falls After Signaling Sales, Profit May Miss Estimates
Salvatore Ferragamo SpA fell as much as 8.1 percent after the Italian luxury shoemaker said full-year sales and profit may miss analysts’ estimates amid weak demand in the US and Hong Kong.
Financial Markets
Nordstrom Misses Street 3Q Forecasts
Nordstrom Inc. on Thursday reported fiscal third-quarter earnings of $81 million. The results missed Wall Street expectations.
Nordstrom Misses Street 3Q Forecasts
Nordstrom Inc. on Thursday reported fiscal third-quarter earnings of $81 million. The results missed Wall Street expectations.
Financial Markets
Fossil Group Tops 3Q Profit Forecasts
Fossil Group Inc. on Thursday reported third-quarter earnings of $57.5 million. The results surpassed Wall Street expectations.
Fossil Group Tops 3Q Profit Forecasts
Fossil Group Inc. on Thursday reported third-quarter earnings of $57.5 million. The results surpassed Wall Street expectations.
Financial Markets
Burberry, Hermès Signal US Slowdown on Heels of Asian Slump
Hermès International SCA and Burberry Group Plc reported sputtering sales growth in America, adding to the woes of luxury-goods makers already reeling from an Asian slump.
Burberry, Hermès Signal US Slowdown on Heels of Asian Slump
Hermès International SCA and Burberry Group Plc reported sputtering sales growth in America, adding to the woes of luxury-goods makers already reeling from an Asian slump.
Financial Markets
Kohl’s Rises After Third-Quarter Profit Tops Analysts’ Estimates
Kohl’s Corp. rose as much as 11 percent in early trading after posting third-quarter profit and sales that topped analysts’ estimates.
Kohl’s Rises After Third-Quarter Profit Tops Analysts’ Estimates
Kohl’s Corp. rose as much as 11 percent in early trading after posting third-quarter profit and sales that topped analysts’ estimates.
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.