Short seller Carson Block said he’s shorting the shares of cosmetics brand Elf Beauty Inc. Speaking at the Sohn conference in London on Wednesday, the …
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Drake’s OVO Clothing Brand Collabs With Yale University For Merch Drop –
Despite all the so called ambiguity around Drake post rap beef and all that jazz, his brand seems to still moving forward. Specifically, Drizzy’s clothing …
Puig Reports 26% Drop in Profit on IPO Costs
Luxury beauty and fashion company Puig reported a steep drop in its first reported earnings as a listed company on Friday, citing costs related to its …
PVH Corp. Reports 6 Percent Sales Drop, Driven By Weak International Segment
PVH Corp. reported a 6 percent dip in revenue, year-over-year, in its quarter ending Aug. 4, to $2.1 billion — in line with Wall Street …
Lanvin Group Posts 20% Drop in Sales Amid Luxury Slowdown
Lanvin Group’s revenue decreased 20 percent year over year to €171 million ($191 million) in the first half of 2024. The company, like many operators …
The LOX x Paper Planes Drop Capsule Collection
n celebration of the 30th anniversary of The LOX’s legendary debut album “Money, Power & Respect,” Roc Nation’s iconic streetwear brand, Paper Planes, is proud to announce an …
PUMA Hoops Drop New Stewie 3 Harry Potter Sneakers
Fresh off of a gold medal win, WBNA MVP and self-proclaimed Harry Potter aficionado Breanna “Stewie” Stewart is dropping her latest signature shoe: the enchanting Stewie 3 Harry …
Lena Dunham Seems to Think Taylor Swift Will Drop Reputation (Taylor’s Version) Next
Does Lena Dunham know something we don’t? As Taylor Swift’s fans eagerly await news about Reputation (Taylor’s Version), one of only two albums the musician …
Shiseido Sales Drop 4% As US Business Slumps
Shiseido’s net sales decreased 4 percent to $1.7 billion in the second quarter, the Japanese beauty conglomerate announced Wednesday. Core operating profit for the first half …
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 …
Hugo Boss Confirms 42% Drop in Q2 Operating Profit
Hugo Boss confirmed the 42 percent drop in its second-quarter operating profit on Thursday, two weeks after the German fashion house slashed its annual forecasts …
P&G Posts Surprise Sales Drop as Demand Slows Despite Price Controls
Procter & Gamble posted a surprise drop in fourth-quarter sales, as demand for its Charmin toilet paper and Pampers diapers slowed globally despite efforts to …
Armani Posts ‘Single Digit’ Sales Drop in First Half
Italian fashion house Giorgio Armani managed to keep its operating profit steady last year and grow net sales by 6 percent at constant currencies, despite …
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 …
H&M Sinks on Doubts About Margin Target and June Sale Drop
Sales this month are likely to fall 6% in local currencies versus a year earlier, partly due to poor weather in many markets, the Swedish …
Supreme and MM6 MAISON MARGIELA to drop a collaboration collection
Supreme has just announced a capsule collaboration collection with MM6 MAISON MARGIELA. Working with the offshoot from Margiela’s mainline, MM6 was created nine years after …
Kering Shares Drop After Warning of Plunge in Gucci Sales
Kering SA shares tumbled after the French luxury group warned that sales at Gucci, its biggest brand, have fallen about 20 percent in the first …
US Retail Sales Drop by Most in Nearly a Year After Holidays
US retail sales broadly declined in January, indicating consumers took a breather after a strong holiday shopping season. The value of retail purchases, unadjusted for …
Ferragamo CEO Warns Turnaround May Take Longer After 2023 Sales Drop
Sales at Italian luxury goods group Salvatore Ferragamo dropped by 8.1 percent at constant currencies last year, prompting chief executive Marco Gobbetti to warn that hitting …