Spanish beauty and fragrance group Puig Brands SA and its founding family said the price for the company’s initial public offering will be at the …
Guidance
Italy’s Cucinelli Posts 39% Jump in 2023 EBIT, Confirms Guidance
Italian luxury group Brunello Cucinelli said on Thursday its operating profit rose 39.4 percent last year and it confirmed its expectations for sales growth of …
Victoria’s Secret Falls on Weak Guidance in Faltering Turnaround
Victoria’s Secret & Co. reported net sales guidance for the full year that fell short of analysts’ expectations, underscoring the retailer’s struggle to grow as …
Next Raises Guidance Again on Strong Third Quarter Sales
Next Plc, the British clothing and homeware chain, raised profit guidance for the fourth time in recent months after sales in its third quarter grew …
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, …
Next Raises Annual Profit Guidance
British fashion retailer Next raised its guidance for annual profit by £10 million ($12.7 million) to £845 million on Thursday, after full price sales and …
Hugo Boss Guidance Upgrade Leaves Investors Wanting More
Hugo Boss AG raised its sales and profit guidance again for 2023 after second-quarter sales growth beat estimates as demand surged for its latest mens …
Adidas Improves Earnings Guidance After Selling Some Yeezy Shoes
Adidas AG improved its guidance for the year after starting to sell its inventory of Yeezy sneakers from a cancelled partnership with the rapper and …
Next Keeps Profit Guidance After Quarterly Sales Edge Lower
British fashion retailer Next maintained its guidance for annual profit after reporting a smaller decline in first-quarter sales than it expected, saying it was too …
Dutch, Norwegian Regulators Issue Guidance on Controversial Higg Tool
The Norwegian Consumer Authority (NCA) and Netherlands Authority for Consumers and Markets (ACM) have jointly authored an 11-page document outlining how the Sustainable Apparel Coalition should improve the …
Italian Fashion Group Zegna Raises Guidance for 2022
Italian fashion group Ermenegildo Zegna raised its full-year guidance on Friday after reporting a 21 percent increase in half-year revenue. The company, which is listed …
Hugo Boss Raises Guidance After Strong Second Quarter
The German retailer anticipates sales in 2022 to increase between 20 percent and 25 percent to hit a new “record level” between €3.3 billion and …
Zalando Plunges After Cutting Guidance on Worsening Economy
The German e-tailer’s shares tumbled the most in more than three years after Europe’s largest online retailer slashed its profit forecast, blaming worse-than-anticipated macroeconomic conditions. …