Along with Louis Vuitton and Gucci, Hermès is still riding high on strong demand from Asian clients with net profit up 15 percent to €1.4 billion and operating income up 6 percent to €2 billion.
Along with Louis Vuitton and Gucci, Hermès is still riding high on strong demand from Asian clients with net profit up 15 percent to €1.4 billion and operating income up 6 percent to €2 billion.
The e-tailer will cut prices and raise marketing spending in France and Germany, and look to improve its US business after unexpectedly high demand there caused significant dispatch backlog.
The e-tailer will cut prices and raise marketing spending in France and Germany, and look to improve its US business after unexpectedly high demand there caused significant dispatch backlog.
The company’s operating profit fell 10 percent to €323.8 million, shares slumped 7.2 percent in early Hong Kong trading and the stock has dropped about 35 percent in the past year.
The company’s operating profit fell 10 percent to €323.8 million, shares slumped 7.2 percent in early Hong Kong trading and the stock has dropped about 35 percent in the past year.
Comparable sales increased for a sixth consecutive quarter climbing more than double analysts’ predictions, and net sales are set to rise 2 to 4 percent this year.
Comparable sales increased for a sixth consecutive quarter climbing more than double analysts’ predictions, and net sales are set to rise 2 to 4 percent this year.
Despite securing a temporary lifeline from lenders, the UK department-store chain scrapped its profit guidance and shares plunged 12 percent marking the fourth profit warning since early 2018.
Despite securing a temporary lifeline from lenders, the UK department-store chain scrapped its profit guidance and shares plunged 12 percent marking the fourth profit warning since early 2018.
The luxury outerwear brand reported a 19 percent increase in sales last year.
The luxury outerwear brand reported a 19 percent increase in sales last year.
China's second largest e-commerce firm beat analyst estimates on the back of stronger online retail sales, posting 134.83 billion yuan ($20.17 billion) total net revenue in fourth quarter.
China's second largest e-commerce firm beat analyst estimates on the back of stronger online retail sales, posting 134.83 billion yuan ($20.17 billion) total net revenue in fourth quarter.
Europe's biggest online-only fashion retailer expects solid sales this year after posting better-than-estimated figures for the end of 2018 and gaining traction among 1.3 million new customers.
Europe's biggest online-only fashion retailer expects solid sales this year after posting better-than-estimated figures for the end of 2018 and gaining traction among 1.3 million new customers.
The subscription service, introduced in December 2017 in partnership with Bombfell, works in a similar way to Stitch Fix.
The subscription service, introduced in December 2017 in partnership with Bombfell, works in a similar way to Stitch Fix.
The online seller of handcrafted and vintage items surpassed fourth-quarter sales expectations, sending shares to their highest level since the company’s 2015 IPO.
The online seller of handcrafted and vintage items surpassed fourth-quarter sales expectations, sending shares to their highest level since the company’s 2015 IPO.
The Europe-focused clothing retailer reported a net loss of $2.25 million and revenue slid $1.62 million amid changes in consumer behaviour, price competition and reduced customer traffic.
The Europe-focused clothing retailer reported a net loss of $2.25 million and revenue slid $1.62 million amid changes in consumer behaviour, price competition and reduced customer traffic.
This week, everyone will be talking about Paris Fashion Week, the Oscars and the future of red carpet dressing and a wave of earnings reports from troubled retailers. Read our BoF Professional Cheat Sheet.
This week, everyone will be talking about Paris Fashion Week, the Oscars and the future of red carpet dressing and a wave of earnings reports from troubled retailers. Read our BoF Professional Cheat Sheet.
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.
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.
The Japanese sportswear brand is accelerating global expansion by acquiring race-registration platforms to deepen engagement with runners.
The brands Gap and Banana Republic beat comparable sales estimates.
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.