🇨🇳 PDD takes $55 billion share hit after warning of ‘inevitable’ profit decline. The owner of e-commerce apps Pinduoduo and Temu has warned of a …
Tag
Showing: 1 - 12 of 12 RESULTS
Decline
‘The Devil Wears Prada’ Sequel Set Amid the Decline of Magazines
A sequel to hit 2006 comedy “The Devil Wears Prada” is under way at Disney, with key cast and crew widely expected to return, including director David …
Victoria’s Secret Jumps as Sales Decline Moderates
Victoria’s Secret & Co. said sales have improved despite more promotions and tough competition. The lingerie maker said Thursday that its preliminary sales and adjusted …
Ferragamo’s Sales Decline in First Half
Sales at Italian luxury goods group Salvatore Ferragamo declined by 7.2 percent at constant currencies in the first half, hit by double-digit drops in both …
Fragrance Maker Symrise Reports a Decline in Profit
Symrise posted an 8 percent fall in half-year core profit, hurt by a production shut-down and higher energy and raw material costs, sending shares in …
Craze for vintage Gap comes to the rescue as current sales decline | Fashion
Look to the back of your wardrobe and you may be surprised to find you have some valuable fashion back there. Not a forgotten Chanel …
The Story Behind Australian Fashion’s Decline
A shock of burnt-orange shaggy fleece trims the collar of a red and gold brocade coat by Lisa Ho. The fabric is so ornate it’s …
Africa’s Top Clothes Retailer Reports Decline in Earnings and Leadership Change
Pepkor Holdings Ltd. replaced the head of its Ackermans unit after Africa’s largest clothing retailer posted a drop in first-half earnings as it failed to …
Iranian Fashion Industry Sees Sales Decline During Nowruz
The Persian New Year shopping period accounts for a significant share of local retailers’ annual turnover, but this year’s takings are down due to economic …
Snap Forecasts First Quarterly Revenue Decline; Shares Fall
Snap Inc. is forecasting its first ever quarterly revenue decline, citing a flurry of changes to Snapchat’s advertising products that may be disruptive to the …
Mini-Splurges Decline as Shoppers Feel the Pinch of Inflation
Less-affluent luxury shoppers are curtailing their once-frenzied purchases of entry-level products such as Gucci slippers and Balenciaga belts — a sign that the cooling of the …
Zales Owner Sees Steep Decline in Jewelry Priced $500 or Less
The owner of Kay Jewelers and Zales is seeing a “steep decline” in demand for items priced under $500, the latest sign that higher costs and economic …