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 …
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Guidance
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. …