Next Plc raised its profit forecast for the fifth time since June and said it will grow even more next year after the British home …
Profit
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 …
Macy’s Rises as Profit Beats Forecasts on Improved Inventory
Macy’s Inc. reported third-quarter profit that beat expectations thanks to better inventory management, though same-store sales fell for a third straight quarter. The results underscore …
Tencent Profit Beats Estimates in Defiance of China Downturn
Tencent Holdings Ltd.’s earnings beat estimates in another sign that Chinese consumers remain willing to spend on games and entertainment during a nationwide downturn. The …
Shiseido Slashes Profit Forecast on Fukushima Water Release
Shiseido Co. slashed its full-year profit forecast on slower demand from Chinese consumers following the release of treated radioactive water at Fukushima. The Japanese cosmetics …
Pandora Raises Sales Forecast After Q3 Profit Beat
Danish jewellery maker Pandora reported a smaller than expected drop in third-quarter profit on Wednesday as more shoppers came to its stores, and raised its …
Primark Owner Sees Bigger Fashion Profit as Inflation Fades
Associated British Foods Plc said profit will rise at Primark as lower raw material and freight costs boost the performance of the low-cost fashion chain. …
Zalando Nearly Doubles Operating Profit in Q2 on Better Order Economics
Zalando, Europe’s biggest online fashion retailer, said on Thursday that it had nearly doubled its operating profit level in the second quarter on better order …
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 …
Fragrance Maker Symrise Reports a Decline in Profit
Symrise posted an 8 percent fall in half-year core profit, hurt by a production shut-down and higher energy and raw material costs, sending shares in …
Report: Shein Says It Reached Record Profit in First Half
Shein saw its sales volume rise and profit improve to a record level during the first half of 2023, according to an investor memo from …
Report: Shein Says It Reached Record Profit in First Half
Shein saw its sales volume rise and profits improve to a record level during the first half of 2023, according to an investor memo from …
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 …
Fragrance Maker Givaudan’s Core Profit Falls?
Swiss fragrance and flavours maker Givaudan’s core profit fell 6.6 percent in the first half of 2023, weighed down by subdued demand in its taste …
Fast Retailing Raises Forecast as Operating Profit Surges
Japan’s Fast Retailing , the owner of clothing brand Uniqlo, reported on Thursday that its nine-month operating profit soared 22 percent. Profit rose to 330.6 …
Nike Shows Sales Strength; Profit Falls Just Short of Estimates
Nike Inc. reported sales that outpaced Wall Street’s expectations while profit fell just short of estimates as the company works to sell off its high …
Nike Expected to Forecast Profit Below Wall Street Estimates
Nike is expected to forecast full-year profit below Wall Street estimates, as demand for the sportswear giant’s products from wholesalers such as Foot Locker and …
Partying, but not for profit – 8 ethical music festivals in the UK and Europe | Festivals
Sky-high ticket prices, corporate branding and a big-name acts approach are what we have come to expect from music festivals. But with a recent UK …
Next Raises Profit Outlook on Better Weather, Consumers’ Wage Hikes
British fashion retailer Next on Monday raised its sales and profit guidance for the year, saying trading had exceeded expectations on the back of warmer …
Asos Sales Fall 14 Percent in Latest Quarter as Firm Prioritises Profit
British online fashion retailer Asos on Thursday reported a 14 percent drop in quarterly revenue but said its new strategy was starting to work as …