A slight slowdown in beauty spending weighed on L’Oréal’s earnings. In its second quarter results, announced July 30, the world’s biggest beauty company delivered like-for-like …
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Falters
Hugo Boss May Push Back 2025 Targets as Luxury Sector Falters
Hugo Boss may push back key sales and profit targets beyond 2025 when it reports its second-quarter results on Thursday, as investors watch for updates …
Burberry Replaces CEO as High-End Push Falters
Jonathan Akeroyd is departing after less than two-and-a-half years at the British company, and will be replaced by Joshua Schulman, a former CEO of Michael …
Burberry Set for Worst Report This Year as Brand Revival Falters
Burberry Plc is expected to report yet another quarter of declining sales, as the trench-coat maker grapples with weak demand from Chinese and US shoppers. …