China’s economy is expected to have slowed in the first quarter as a protracted property downturn and weak private-sector confidence weigh on demand, maintaining pressures …
Growth
US Retail Sales Top Forecasts as Consumers Keep Fuelling Growth
US retail sales rose by more than forecast in March and the prior month was revised higher, showcasing resilient consumer demand that keeps fuelling a …
Profitability Hurdles Haven’t Slowed the Growth of Resale
Online resale may not be the most profitable sector, but it is attracting shoppers. Last year, the total value of merchandise sold on resale platforms in …
Zalando Jumps as Online Fashion Retailer Sees Return to Growth
German online fashion retailer Zalando on Wednesday forecast a return to growth this year and said it was opening up its logistics business to more …
Foot Locker Pushes Back Long-Term Sales Growth Plan; Shares Fall
Foot Locker Inc. pushed back a plan to expand its sales to $9.5 billion by two years and now looks to hit that goal by …
Audemars Piguet’s New CEO Could ‘Stop Growth’ to Focus on Desirability and Independence
Le Brassus, SWITZERLAND – Audemars Piguet’s new CEO hasn’t just inherited big shoes to fill, but a white desk so large she could host Christmas …
Warby Parker Continues Stable Growth and Store Expansions
Warby Parker’s revenue for 2023 rose 12 percent year over year to $670 million, beating estimates, as the eyewear maker’s store expansion continues to be …
Beauty and Personal Care Lead Sales Growth at Unilever
Unilever Plc sold more products like deodorant and mayonnaise for the first time in more than two years, as easing price inflation encouraged shoppers to …
E.l.f. Beauty Reports 85 Percent Sales Growth and Raises Outlook
On Tuesday, the beauty company reported an 85 percent year-on-year increase in sales in its fiscal third quarter ending in Dec., reaching $270.9 million. After …
Ultra Violette Secures AUD $15 Million Investment From Aria Growth Partners
This marks the first time the Australian sun care brand has sought outside investment, since its launch in 2019. The investment is in partnership with …
A Chat With Sam Villa on How Education is the Key to Growth – Bangstyle
An inspiration to the beauty industry, Sam Villa has always offered his sincerest advice for hairdressers and individuals on how to learn, grow and succeed …
Inditex’s Nine-Month Profit Soars 32.5%, Sales Growth Slows Down
Zara owner Inditex said on Wednesday its net profit jumped 32.5 percent jump in February-October, but the fast fashion giant’s sales growth in the nine-month …
Lululemon’s Sales Growth is Slowing Ahead of the Holidays
Lululemon Athletica Inc.’s fourth-quarter revenue guidance trailed Wall Street estimates, a rare miss for the retailer whose performance routinely exceeds investor expectations. Sales growth at …
Mytheresa’s Growth, Profits Slip Amid Luxury Slowdown
The luxury e-tailer saw modest growth as aspirational luxury consumers cut back on nonessential spending. In its first quarter of the year that ended in …
Revolution Beauty Posts Revenue Growth, Upgrades Fiscal Outlook
In 2024 half-year results, the British beauty brand has seen revenue growth of 20 percent and an EBITDA increase of £14.3 million. The group is …
Oddity Tech Raises Full-Year Growth Outlook
The parent company of makeup brand Il Makiage and Gen-Z skin care brand SpoiledChild reported $94 million in net revenue in the third quarter ending …
India’s Nykaa Posts Slowest Revenue Growth Since Listing Amid Stiff Competition
FSN E-Commerce Ventures, parent of cosmetics-to-fashion retailer Nykaa, on Monday reported its slowest quarterly revenue growth since listing, hurt by stiff competition in its mainstay …
P&G’s Price Hikes Offset Slowed China Growth
The Olay, Gillette and Pantene owner reported 2023 fiscal year net sales increased two percent to $82 billion. For the fourth quarter, Procter & Gamble …
UK’s Frasers Group Sees More Profit Growth This Year
British retailer Frasers Group expects profit to rise between 5 percent and 15 percent this year as its biggest brand, Sports Direct, benefits from a …
Why Beauty’s Challenger Brands Need to Rev Up Growth
The first wave of digitally innovative independent brands burst onto the beauty scene in the early 2000s and disrupted an industry long dominated by conglomerates …