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 …
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Profit
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 …
Boohoo Founders Get Hefty Bonuses Despite Missing Sales and Profit Targets
The founders of fast fashion retailer Boohoo doubled their pay to about £1 million each last year as they were handed hefty bonuses despite missing financial targets. …
Kohl’s Rises on Profit Beat as CEO’s Fixes Start to Pay Off
Kohl’s Corp. soared after it reported a surprise profit and reduced its stockpile of merchandise in the first quarter — early signs that the new …
T.J. Maxx Parent Raises Profit View as Cost Pressures Ease
TJX Companies Inc. lifted its annual profit forecast on Wednesday, banking on easing cost pressures to cushion a pullback in consumer spending on discretionary items. …
JD Sports’ Profit to Top £1 Billion This Year
JD Sports Fashion said on Wednesday it expected profit to exceed £1 billion ($1.3 billion) for the first time this year as its offer of …
Coty’s Fragrances Sweeten Profit Forecast After Strong Beat
Coty Inc on Tuesday raised its annual profit forecast for the second time, as the CoverGirl parent banks on price hikes, new launches and resilient …
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 …
Dr Martens Warns on Profit as Finance Chief Walks
Dr Martens issued its third profit warning in five months on Friday, as it struggled with higher-than-expected costs at a new Los Angeles (LA) distribution …