The Barcelona-based firm behind perfume brands Rabanne, Carolina Herrera and Jean Paul Gaultier said net sales for the three-months ending Sept. 30 were €1.26 billion …
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MercadoLibre Posts Record Argentina Sales Amid Consumer Rebound
MercadoLibre Inc., the Latin American e-commerce and fintech platform that’s now the region’s most valuable company, said it’s seeing signs of a consumption rebound in …
Coty Posts Surprise Profit as Beauty Product Sales Recover
NEW YORK, United States — Coty Inc posted a surprise quarterly profit on Friday as demand for its beauty products and fragrances recovered from lockdown lows …
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 …
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 …
Coupang Posts First Loss Since 2022 as Farfetch Deal Saps Profit
Coupang Inc. posted its first loss in two years, after the acquisition of unprofitable Farfetch Holdings Plc and a government regulatory fine offset strong growth in …
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 …
Italian Luxury Group Zegna Posts Flat Organic Revenue
Italian fashion group Ermenegildo Zegna reported broadly flat second quarter organic revenue on Thursday as sales in the United States, Europe and Middle East helped offset …
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 …
Levi Strauss Posts Quarterly Revenue Miss, Maintains Annual Forecasts
Levi Strauss fell short of market expectations for second-quarter revenue on Wednesday and maintained its annual forecast for profit and revenue, on choppy demand for …
Ryan Phillippe Posts a Flirty Throwback of His Ex-Wife, Reese Witherspoon: ‘We Were Hot’
Is Ryan Phillippe shooting his shot with his ex-wife, Reese Witherspoon? On May 27, the 49-year-old actor threw us all the way back to 2001, …
Indian Beauty Retailer Nykaa Posts Near Three-Fold Jump in Q4 Profit
India’s FSN E-Commerce Ventures, parent of online beauty products seller Nykaa, reported a nearly three-fold jump in quarterly net profit attributable to shareholders on Wednesday …
TJX Posts Upbeat Q1, Lifts Annual Profit View on Robust Demand
TJ Maxx parent TJX Cos posted better-than-expected first-quarter results and raised its annual profit forecast on easing costs and strong demand for its affordable products, …
VF Corp Misses Quarterly Revenue Estimates, Posts Loss
VF Corp posted a fourth-quarter loss and reported revenue below analysts’ estimates on Wednesday as sales declined across its brands, reflecting choppy demand for its apparel …
Korean Fashion E-tailer Musinsa Posts $733 Million in Annual Revenue
The KKR-backed company has reported a 40.2 percent growth in annual revenue to 993.1 billion won for the 2023 fiscal year. EBITDA for the year …
Luxury Group Zegna Posts 19.3% Jump in FY Organic Sales
Italy’s Ermenegildo Zegna posted a 19.3 percent increase in full-year organic revenue on Friday and proposed a 20 percent hike in its annual dividend, helped by …
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 …
Brittany Mahomes Posts a Sweet Throwback-Filled Anniversary Tribute to Her Hubby Patrick Mahomes
Happy two-year anniversary to Patrick and Brittany Mahomes! On March 12, Brittany took to her Instagram Stories to wish her hubby a happy anniversary, with …
Birkenstock Posts Strong Earnings With Sandal Demand Growing
Birkenstock Holding Plc’s earnings beat analysts’ estimates as consumers snapped up its high-end sandals and clogs while other casual footwear makers struggled. Adjusted earnings were …