Birkenstock Holding Plc’s earnings beat analysts’ estimates as consumers snapped up its high-end sandals and clogs while other casual footwear makers struggled. Adjusted earnings were …
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Demand
Puma Sees Sneaker Demand Picking Up in Second Half of Year
Puma SE sees demand for sneakers and sports gear picking up in the second half, building on major sporting events like the European soccer championships …
Ralph Lauren Rides Strong Holiday Demand, China Rebound to Post Upbeat Results
Ralph Lauren beat profit expectations for the 14th straight quarter, driven by robust holiday demand for its pricey cashmere sweaters, coats and cocktail dresses in …
Tapestry Forecasts Higher 2024 Profit on China Demand, Strong Margins
Coach parent Tapestry raised its annual profit forecast on Thursday, betting on full-price sales of its premium handbags and satchels as well as early signs …
Patek Philippe Bucks Cooling Watch Demand With Price Increases
Patek Philippe SA, the family-owned Swiss brand coveted by high-end watch collectors, raised prices across its model lines, bucking an industry trend toward slowing the …
Richemont Shares Surge As Demand for Cartier, Van Cleef Boosts Holiday Sales
Demand for Richemont’s jewellery brands, including Cartier and Van Cleef, gave the group a boost over the Christmas period against a challenging backdrop for the …
Abercrombie & Fitch Lifts Holiday Sales Forecast on Robust Demand
Abercrombie & Fitch on Monday raised its forecast for fourth-quarter and annual net sales, after strong demand for its apparel brands during the key holiday …
American Eagle Outfitters Lifts Holiday Quarter Revenue View on Strong Demand
American Eagle Outfitters on Monday raised its fourth-quarter revenue forecast, citing strong demand in the all important holiday season. The multi-brand apparel retailer now expects fourth-quarter …
H&M Sales Drop as Consumer Demand for Fast Fashion Wavers
Hennes & Mauritz AB’s revenue fell as consumers pulled back on spending at H&M clothing stores and after the chain closed stores in Russia. Sales …
Shiseido Faces Steepest Cut in Target Price on Weak China Demand
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 …
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 …