Analysts are slashing target prices on Shiseido Company after weak demand in China caused the Japanese cosmetics company to trim earnings forecasts, dragging shares toward …
Demand
American Eagle Raises Annual Revenue Forecast on Strong Holiday-Season Demand
American Eagle Outfitters on Tuesday raised its annual revenue forecast, in a sign that demand for its apparel and accessories remained steady ahead of the …
Bath & Body Works Trims Sales Forecast as Demand Slows Into Holiday Season
Bath & Body Works lowered its annual sales forecast on Thursday on signs of slowing demand ahead of the crucial holiday season, as customers cut …
Coach Handbag Maker Tapestry Cuts 2024 Sales View on Slowing Demand
Tapestry, which agreed to buy rival Capri in August, cut its annual sales forecast and missed the estimates for first quarter on Thursday, taking a …
Ralph Lauren Beats Sales Estimates on Steady Demand
Ralph Lauren beat Wall Street estimates for quarterly revenue on Wednesday as its younger, more affluent customer base continued to snap up its pricey shirts …
Coty Raises Annual Core Sales Outlook As Fragrances, Cosmetics Drive Demand
Coty on Tuesday raised its annual core sales forecast on the back of higher pricing and strong demand from customers who snapped up the CoverGirl parent’s …
Hugo Boss Sees Strong Sales Despite Slowing Consumer Demand
Hugo Boss AG reported sales that beat analysts’ estimates as the German clothing maker’s turnaround bears fruit. Revenue rose 15 percent at constant exchange rates …
Olaplex Plunges After Weak Demand Drives Guidance Cut
Olaplex Holdings Inc. shares sank in early trading after the haircare company cut its full-year sales guidance amid weak demand. “Retail channels experienced slower demand, …
Beiersdorf Hikes Organic Sales Aim on Demand for Nivea, Sunscreen
Beiersdorf on Thursday raised its annual forecast for organic sales a second time this year, after its core brand Nivea and high sunscreen demand drove …
Puma Highlights ‘Volatile’ Demand After Rise in Second-Quarter Sales
German sportswear retailer Puma’s second-quarter sales grew by 11 percent, the company reported on Wednesday, slightly ahead of market expectations thanks to stronger revenues from …
Unilever Shares Gain on Resilient Demand as Inflation Cools
Unilever Plc shares advanced as the maker of Dove soap moderated price increases on personal care and beauty products, leading to a rebound in purchases …
LVMH Q2 China Rebound Offsets Weakening US Demand
LVMH sales in the second-quarter were buoyed by a strong rebound in Chinese spending, helping to offset weakening demand from aspirational customers in the US, …
Swiss Watch Exports Jump Again in June as Demand Stays Strong
Swiss watch exports jumped again in June as demand for pricey luxury timepieces from the US and China stayed strong. Shipments surged by 14 percent …
US Retail Sales Edge Higher as Key Metric Shows Resilient Demand
US retail sales rose by less than forecast, while an underlying measure of household spending pointed to a more resilient consumer at the end of …
Burberry’s US Sales Fall As Aspirational Demand Weakens
Burberry’s first-quarter sales were down in the key US market, where demand from aspirational consumers has softened, interim chief financial officer Ian Brimicombe said on …
Fashion Industry Driving Demand for Green Shipping
Fashion brands are a key driver of demand for green shipping fuels, according to shipping group Maersk, as the sector faces pressure from consumers and …
Swiss Watch Exports Jump Again in May as US Demand Rebounds
Swiss watch exports jumped again in May as deliveries to the US rebounded and demand for luxury timepieces from China stayed strong. Shipments surged by …
Neiman Marcus Earnings Hit by Steep Discounts, Softer Demand
Neiman Marcus’s third-quarter earnings declined as the retailer was forced to offer more promotions to contend with weaker demand for luxury goods, according to people …
Rent the Runway Sees Rising Workwear Demand, Trims Discounts
Rent the Runway Inc. said demand for workwear has been surging as more subscribers are going to the office more regularly, underpinning stronger-than-expected revenue growth …
Macy’s Falls After Cutting Outlook as Demand Trends Worsen
Macy’s Inc. said earnings will be weaker than previously expected for the full year, underscoring the uncertainty around US consumer spending through the remainder of …