Hugo Boss shares plunged to their lowest level since 2021 after the company slashed its profit guidance for the year, citing weakness in key markets …
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Demand
Richemont Jewellery Sales Solid, Offsetting Drop in China Demand
The Cartier owner reported a sales gain of 1% at constant currencies to €5.3 billion ($5.8 billion). That was in line with analyst forecasts and …
Nike Posts Surprise Quarterly Revenue Drop on Choppy Demand
Nike reported a surprise drop in fourth-quarter revenue on Thursday, as the sportswear maker struggled with low demand for its apparel and footwear amid rising …
At Rhode’s First-Ever Pop-Up, Demand Exceeds Supply
They’re calling it a “heat dome” — the atmospheric system currently convection-cooking more than half of the contiguous US — but on the first Monday …
Bath & Body Works Forecasts Downbeat Annual Profit on Subdued Demand; Shares Tumble
Bath & Body Works forecast full-year profit largely below market estimates on Tuesday and said it expects annual sales to drop, signalling demand for its …
Ulta Beauty Beats First-Quarter Profit Estimates on Steady Demand for Skincare and Makeup
Ulta Beauty topped market expectations for first-quarter profit on Thursday, helped by steady demand for skincare and makeup as well as easing input costs. Shares …
Birkenstock Boosts Annual Forecasts on Full-Price Selling, Firm Demand
Birkenstock raised its annual revenue and core profit forecasts on Thursday as the German sandal maker bets on full-price selling and strong demand for its …
TJX Posts Upbeat Q1, Lifts Annual Profit View on Robust Demand
TJ Maxx parent TJX Cos posted better-than-expected first-quarter results and raised its annual profit forecast on easing costs and strong demand for its affordable products, …
US Online Retail Spending Up 7%, Driven By Demand for Cheaper Products
Online retail sales in the US rose about 7 percent from January to April this year, an Adobe Analytics report showed on Thursday, driven by …
P&G Lifts Annual Profit Forecast on Strong Us Consumer Demand, Easing Costs
Procter & Gamble raised its annual profit forecast on lower commodity costs and as consumers, particularly in the United States and Europe, kept buying its …
L’Oréal Q1 Sales up 9.4% on Strong Mass Market Demand
The French cosmetics giant, which owns the Maybelline and Lancôme brands, reported sales of 11.24 billion euros ($11.98 billion) for the first three months to …
Swiss Watch Exports Plunge as China and Hong Kong Demand Dries Up
Monthly Swiss watch exports suffered their biggest decline since 2020 as demand for premium and luxury timepieces in key markets including China and Hong Kong …
Adidas Is Seeing Hot Demand for Sambas and Yeezys
Adidas AG raised its profit target for the year amid strong demand for classic sneakers like the Samba and a boost from sales of its …
Ulta Sparks Rout in Beauty Stocks on Warning of Slowing Demand
Ulta Beauty Inc. tumbled the most since March 2020 after executives signalled cooling consumer demand for beauty products, which weighed on the shares of industry …
Lululemon Sees Annual Sales, Profit Below Estimates on Weaker Accessories Demand
Apparel retailer Lululemon Athletica on Thursday forecast annual revenue and profit below expectations, pressured by sluggish demand for the company’s premium athleisure and accessories. Shares …
The Haircut Trends That Demand Shine This Season – Bangstyle
Now more than ever, we are all aware of just how much a haircut and color go together. One helps shape and inspire the other, …
At Eton Shirts, Innovating Formal Wear to Meet Evolving Consumer Demand
In Europe and the US, Euromonitor forecasts that retail sales of shirts and blouses, non-denim trousers and skirts will grow at a faster rate between …
Gap Reports Upbeat Quarterly Sales on Improving Demand for Old Navy Apparel
Gap beat Wall Street expectations for fourth-quarter sales on Thursday, buoyed by strong demand on improved product offerings at its Old Navy and namesake brands during …
Hugo Boss’ 2024 Outlook Misses Expectations Amid Slowing Demand
Hugo Boss on Thursday forecast sales and operating profit for 2024 below market expectations and said it 2025 sales target might be slightly delayed, blaming …
Bath & Body Works Projects Downbeat FY Sales, Profit on Slowing Demand
Bath & Body Works forecast annual sales and profit below analysts’ expectations on Thursday as consumers scaled back spending on non-essential items like candles and …