Levi Strauss beat first-quarter revenue estimates on Monday and maintained its full-year forecast, betting on steady demand for its denims and a diverse supply chain …
Demand
Lululemon Tumbles as Tariff Uncertainty, Weak Demand Hit Forecasts
Lululemon Athletica shares fell nearly 13 percent in premarket trading on Friday, after the sportswear maker provided downbeat annual forecasts as the broader apparel space …
Italian Luxury Supplier Plans Creditor Talks As Demand Slows
Luxury supplier Altofare Group is preparing to kick off debt talks with its creditors as spending on high-end goods declines. The company, which oversees a …
Nike to Post Worst Revenue Fall In 5 Years on Stagnant Demand
Nike is expected to post its steepest revenue decline in nearly five years in its quarterly results on Thursday, as its new products failed to …
At Watches of Switzerland, Rolex Demand Is Fuelling Retail Expansion
The chief executive of the one of the world’s largest luxury watch retailers has said that despite reports of a watch industry recession, demand for …
Hugo Boss Sees Broadly Stable 2025 Sales, Flags Muted Demand in First Quarter
Hugo Boss said muted consumer sentiment was having an impact on its business in the current quarter as it forecast 2025 sales broadly in line …
Walmart Faces Heat From Beijing After Demand for Price Cuts
Chinese authorities summoned Walmart Inc. executives on Tuesday over reports it asked suppliers to bear rising costs incurred by increased US tariffs. Several Chinese authorities, …
Foot Locker Outlook Weighed Down by Discounts, Weak Demand
Foot Locker Inc. forecast earnings below Wall Street’s expectations as it struggles to lure budget-conscious consumers who continue to curb spending. The sneaker retailer expects …
Shiseido Profits Plummet 73% on Weak China Demand
Japanese cosmetics giant Shiseido said on Monday its full-year profit slumped 73 percent, partly due to a drop in consumer spending in key overseas market …
E.l.f. Beauty Shares Crater as Weakening Cosmetics Demand Dents Annual Forecasts
E.l.f. Beauty’s shares tumbled over 20 percent in extended trading on Thursday, after the cosmetics company cut its annual net sales and profit forecasts, citing …
L’Oréal Sales Miss Estimates as China Demand Remains Weak
L’Oréal SA’s fourth-quarter sales fell short of analysts’ estimates after demand in the US failed to make up for a continued downturn in China. Sales …
Canada Goose Trims Annual Profit Forecast on Dipping China Demand
Canada Goose Holdings trimmed its annual profit forecast and missed quarterly revenue estimates on Thursday due to choppy sales in key luxury goods market China, …
De Beers CEO Says US Diamond Demand Shows Signs of Recovery
De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become the second-biggest …
Deckers Outdoor Raises Annual Net Sales Target for Second Time on Robust Demand
Deckers Outdoor on Thursday raised its annual net sales forecast for a second time, after beating third-quarter sales estimates, as it benefited from strong demand …
Burberry Soars After Demand Pickup Lifts Hope of Luxury Comeback
Burberry Group Plc shares surged after a pickup in US demand boosted the trench-coat maker’s results, raising investor hopes for a luxury-market recovery. Retail sales …
Birkenstock Results Beat on Resilient Demand, Forecasts Margin Recovery
Birkenstock beat market expectations for fourth-quarter results on robust demand for its pricey footwear and forecast a recovery in margins in fiscal 2025, sending the …
Neiman Marcus Said To Raise Bond Issuance to $2.2 Billion Amid Strong Investor Demand
A $2.2 billion junk bond deal financing the acquisition of luxury retailer Neiman Marcus Group by the owner of Saks Fifth Avenue Inc. saw strong …
Watches of Switzerland Shares Rise on Signs of Improving Demand
Watches of Switzerland Group Plc rose after the top seller of Rolex watches in Britain saw a pickup in sales in its fiscal second quarter …
Coty Sees Annual Profit at Low End of Forecast as Mass Beauty Demand Slows
Coty on Wednesday said it expects annual profit to come in at the low end of its forecast, as weak demand for beauty products in …
E.l.f Beauty Lifts Annual Forecasts on Resilient Cosmetics Demand; Shares Up
Elf Beauty raised its forecasts for annual sales and profit on Wednesday, betting on its efforts to sell cosmetics such as lip oil and liquid …