Skip to main content

financial-results

News & Analysis

Tapestry Announces $1B Buyback After Beating Profit Estimates

The results come off the back of better-than-expected sales of its Coach and Kate Spade handbags, which have previously suffered from a lack of new designs and heavy discounting.

News & Analysis

Tapestry Announces $1B Buyback After Beating Profit Estimates

The results come off the back of better-than-expected sales of its Coach and Kate Spade handbags, which have previously suffered from a lack of new designs and heavy discounting.


Beauty

Estée Lauder Raises Outlook Again as Chinese Consumers Buy More

Skincare sales are flourishing in Asia, and the group's high-end beauty labels such as La Mer are performing well.

Beauty

Estée Lauder Raises Outlook Again as Chinese Consumers Buy More

Skincare sales are flourishing in Asia, and the group's high-end beauty labels such as La Mer are performing well.


Retail

Next Revenue Beats Analyst Estimates

While retail sales fell 3.6 percent, online revenue rose 12 percent and full-price sales rose 4.5 percent.

Retail

Next Revenue Beats Analyst Estimates

While retail sales fell 3.6 percent, online revenue rose 12 percent and full-price sales rose 4.5 percent.


Financial Markets

Sandro Owner SMCP Posts Rise in First Quarter Sales

First-quarter sales rose to €274.6 million ($306.4 million), up 9 percent from the previous year.

Financial Markets

Sandro Owner SMCP Posts Rise in First Quarter Sales

First-quarter sales rose to €274.6 million ($306.4 million), up 9 percent from the previous year.


Luxury

Hermès Sales Growth Shows Chinese Luxury Demand Remains Healthy

The results from the French luxury brand are a further sign that the key Chinese market is still going strong.

Luxury

Hermès Sales Growth Shows Chinese Luxury Demand Remains Healthy

The results from the French luxury brand are a further sign that the key Chinese market is still going strong.


Financial Markets

Kering Shares Slide as Gucci's Growth Slows

Shares fell nearly 6 percent after signs of a slowdown at the French conglomerate's cash cow Gucci.

Financial Markets

Kering Shares Slide as Gucci's Growth Slows

Shares fell nearly 6 percent after signs of a slowdown at the French conglomerate's cash cow Gucci.


Financial Markets

Valentino Revenue Growth Slowed in 2018

The Italian group's revenues totalled around €1.2 billion ($1.36 billion) last year, said chief executive Stefano Sassi.

Financial Markets

Valentino Revenue Growth Slowed in 2018

The Italian group's revenues totalled around €1.2 billion ($1.36 billion) last year, said chief executive Stefano Sassi.


Luxury

Designer Debuts Pay Off For LVMH in First Quarter

The conglomerate set a high bar for tapping into Chinese demand for luxury, reporting revenue of €12.5 billion up 11 percent on a like-for-like basis.

Luxury

Designer Debuts Pay Off For LVMH in First Quarter

The conglomerate set a high bar for tapping into Chinese demand for luxury, reporting revenue of €12.5 billion up 11 percent on a like-for-like basis.


Retail

H&M First-Quarter Earnings Beat Estimates on Fewer Discounts

Pretax profit fell 17 percent to 1.04 billion Swedish krona ($112 million) despite the retailer introducing new products at lower prices to try to avoid massive discounts later.

Retail

H&M First-Quarter Earnings Beat Estimates on Fewer Discounts

Pretax profit fell 17 percent to 1.04 billion Swedish krona ($112 million) despite the retailer introducing new products at lower prices to try to avoid massive discounts later.


Financial Markets

SMCP Expects Slower Growth as French Protests Drag On

The French fashion group, which owns Sandro and Maje, forecast more moderate sales growth in 2019 as street protests rock France and Britain's messy EU exit spreads uncertainty.

Financial Markets

SMCP Expects Slower Growth as French Protests Drag On

The French fashion group, which owns Sandro and Maje, forecast more moderate sales growth in 2019 as street protests rock France and Britain's messy EU exit spreads uncertainty.


Financial Markets

Ted Baker Posts First Annual Profit Drop Since Financial Crisis

The British fashion retailer reported pretax profit of £50.9 million, down 26.1 percent, as discounting and uncertainty on Britain's high street weighed on the company.

Financial Markets

Ted Baker Posts First Annual Profit Drop Since Financial Crisis

The British fashion retailer reported pretax profit of £50.9 million, down 26.1 percent, as discounting and uncertainty on Britain's high street weighed on the company.


Financial Markets

Levi Strauss Valued at $6.6 Billion as IPO Tops Target

Set to debut on the NYSE Thursday, Levi's sold $623.3 million in shares in its IPO with shares priced at $17, above the target range of $14 to $16.

Financial Markets

Levi Strauss Valued at $6.6 Billion as IPO Tops Target

Set to debut on the NYSE Thursday, Levi's sold $623.3 million in shares in its IPO with shares priced at $17, above the target range of $14 to $16.