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 …
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Demand
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 …
Adidas Lifts Profit Target Again Amid Retro Sneaker Demand
Adidas raised its annual profit target for the third quarter in a row amid the sustained boom for retro sneakers like the Samba and more …
Cetaphil Owner Galderma Sales Lift 9.2% on Strong Skincare and Injectable Demand
Swiss skincare firm Galderma said on Thursday it had logged sales of $3.26 billion during the first nine months of the year, up 9.2 percent …
Interparfums Sales Rise 15%, Buoyed by Fragrance Demand
Growing demand for prestige perfumes helped lift Interparfums sales 15 percent year-on-year to $425 million – beating analyst expectations of $413 million – in its …
P&G Reports Weak Sales Growth on Lower Beauty Demand
Procter & Gamble Co. posted a second straight quarter of sluggish sales growth, dragged down by minimal price increases and weakness in key areas such …
Swiss Watch Exports Plunge as Chinese Demand Dries Up
Swiss watch exports fell sharply in September as shipments to China dropped by half, putting more pressure on the European country’s struggling luxury sector. Exports …
LVMH Investors Jittery Over Anaemic China Demand
Investors in French luxury group LVMH, opens new tab are eager for signs that China’s new fiscal stimulus measures can finally pull wealthy and middle-class …
Ulta Shines as Rare Bright Spot in Retail as Makeup Demand Soars
BOLINGBROOK, United States — In the Instagram era, where looking good on camera is more important than ever, one retailer has found a way to …
Gucci-Owner Kering Slumps to 2017 Low on China Demand Fears
French fashion designer Kering SA slumped to a seven-year low on worries about demand in China, with the Gucci brand owner among the worst-hit stocks …
Ulta Beauty Cuts Sales Outlook on Slowing Consumer Demand
Ulta Beauty Inc. trimmed its sales forecast as more US consumers cut back on makeup and cosmetics in the face of higher prices and elevated …
Lululemon Cuts Annual Forecasts on Tepid Us Demand, Rising Competition
Lululemon Athletica cut its annual sales and profit forecasts on Thursday, hurt by increased competition and selective consumer spending in North America for its pricey leggings …
Macy’s Tempers Annual Revenue View on Weak Demand for Pricier Goods
Macy’s lowered its annual net sales forecast on Wednesday as inflation-weary customers hold back from spending on upscale apparel and accessories, sending shares of the …
Elf Beauty Lifts Annual Forecasts as Cosmetic, Skincare Demand Holds Up
Elf Beauty raised annual sales and profit forecasts after topping first-quarter estimates on Thursday, as more customers visited stores and websites to buy its affordable cosmetics …
Ralph Lauren Beats Profit Estimates on Stable Demand in Europe, China
Ralph Lauren Corp beat first-quarter profit estimates as steady demand for its pricey denims and polo shirts in Europe and China offset slower sales in …
VF Corp Posts Smaller Q1 Revenue Drop Than Expected, on Better China Demand
VF Corp reported a smaller-than-expected drop in first-quarter revenue on Tuesday, helped by improvement in its China business as well as leaner inventory levels, sending …
L’Oréal Refines Its Strategy as US Demand Falters, China Drags
A slight slowdown in beauty spending weighed on L’Oréal’s earnings. In its second quarter results, announced July 30, the world’s biggest beauty company delivered like-for-like …