Glassmaker Pochet du Courval SAS has been making perfume bottles for the world’s top beauty brands since before the telephone was invented, through countless consumer booms …
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Demand
H&M Cuts 1,500 Jobs as Inflation Hits Demand
Swedish fashion giant H&M on Wednesday became the first big European retailer to start layoffs by announcing 1,500 job cuts owing to softening demand as …
Gap Beats Quarterly Estimates on Steady Demand for Formal Clothing
Gap Inc beat Wall Street estimates for quarterly sales and profit on Thursday, helped by steady demand from affluent consumers for its formal clothing and …
Ralph Lauren Beats Sales Estimates as Demand Holds Up
Ralph Lauren Corp on Thursday topped market estimates for quarterly revenue, as wealthier shoppers unaffected by inflation splurged on the company’s high-end clothing and footwear. …
Under Armour Cuts Annual Forecasts as Sportswear Demand Slumps
Under Armour Inc cut its annual revenue and profit forecasts on Thursday, as the sporting goods company contends with weakening demand from consumers ahead of …
China Warns Waning Global Demand Is Top Threat to Trade
Overseas demand for goods from China is weakening as the global economy slows, warned a senior Chinese commerce ministry official, though the country still expects …
2022′s Holiday Delivery Challenge: Softening E-Commerce Demand
FedEx, United Parcel Service and other delivery firms that struggled with too much pandemic-fueled demand from online retailers like Amazon and Walmart, now have the …
American Eagle Earnings Disappoint as Inflation Hits Apparel Demand
American Eagle Outfitters Inc on Wednesday missed second-quarter profit estimates and said it would pause quarterly dividend as it fortifies its finances against a hit …
Lululemon Lifts Annual Forecasts on Strong Demand From Affluent Customers
Lululemon Athletica Inc. on Thursday raised its annual profit and revenue forecasts as demand from affluent customers for its new belt bags, golf and tennis …
PVH to Cut Jobs as Demand Wanes
The owner of the Calvin Klein and Tommy Hilfiger brands announced job cuts and scaled back its full-year outlook while saying that high inflation is …
Gucci soars as hottest vintage brand, demand increases 500%
Gucci soars as hottest vintage brand, demand increases 500% Breaking News Click to close Share This Article
Gap Tops Revenue Estimates on Strong Demand for Banana Republic Apparel
Gap Inc. beat revenue estimates on Thursday on strong sales at its Banana Republic division, but withdrew its annual forecasts as the apparel chain struggles …
Macy’s Warns of Discounts Hitting Annual Profit as Inflation Saps Demand
Macy’s Inc cut its full-year sales and profit forecasts on Tuesday, with the company saying it will need to offer more discounts to get rid …
US Demand to Lift India’s Lab-Made Diamond Exports to $8 Billion
India, which cuts or polishes about 90 percent of the diamonds sold in the world, is ramping up sales of laboratory-made gems as demand from …
Hermès Demand for Luxury Watches and Clothes Soars, Boosting Profit
Hermès International’s profitability rose to record levels in the first half as the maker of the $10,000-plus Birkin bag became the luxury industry’s standout performer. …
Nike Quarterly Revenue Beats on Athletic Wear Demand
Nike Inc beat analysts’ estimates for quarterly revenue on Monday, benefiting from strong demand for its athletic apparel and sneakers in North America and Europe. …
Levi Strauss Results Top Estimates on Strong Demand, Price Hike
Levi Strauss & Co quarterly results beat Wall Street estimates on Wednesday, helped by price increases and strong demand for its jeans, tops and jackets …
Nike Beats Quarterly Revenue Estimates Boosted by North America Demand
Nike Inc. beat quarterly revenue estimates on Monday, helped by robust holiday demand for its sports shoes and apparel in North America. The world’s biggest …