Amer Sports, owner of outdoor and sports brands including Arc’teryx, Salomon and Wilson, reported bumper earnings Tuesday for its third quarter ended September 30. The …
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Profits
Revolution Beauty Sales, Profits Slide in First-Half Results
British cosmetics maker Revolution Beauty reported a 20 percent decline in revenue to £72.4 million ($91.6 million) and a 48 percent decline in profit in …
Warby Parker’s Sales and Profits Soar in 2024
Warby Parker’s revenue jumped 16 percent year over year to $200 million in the first quarter of the year as other brands in the sector …
Kering Profits to Plummet 40-45% in First Half
PARIS — Kering’s first-half profits are likely to drop by 40 to 45 percent, the French owner of Gucci and Saint Laurent said Tuesday. The group …
Fast Fashion Retailer Shein Doubles Profits as It Awaits IPO Approval
Shein, the online fast fashion retailer founded in China, has more than doubled its profits to more than $2 billion as it awaits approval for …
Mytheresa’s Growth, Profits Slip Amid Luxury Slowdown
The luxury e-tailer saw modest growth as aspirational luxury consumers cut back on nonessential spending. In its first quarter of the year that ended in …
Warby Parker’s Profits Slip Amid Store, Category Expansion
Warby Parker’s revenue jumped 14 percent to $170 million in the third quarter of the year, an increase propelled by 11 new store openings, product …
Allbirds Sees Continued Drops in Sales, Profits
Allbirds sales and profits have slipped amid its ongoing plan to streamline its business. The sneaker seller’s sales dropped 21 percent year over year in …
Shiseido’s Announces New Growth Strategy, Sees Fiscal Year Profits Fall
The beauty company reported on Friday that full-year sales grew by 5.7 percent for the fiscal year ended Dec. 31, to approximately 1.07 trillion yen, …
Aditya Birla Fashion and Retail Records Declining Profits Amid Sales Growth
The Indian fashion conglomerate reported sales growth of 20 percent to 3589 crore rupees ($435 million) for the quarter ended December 30, largely driven by …
Macy’s Profits From Wealthy Shoppers, Kohl’s Feels Inflation Pinch
Upscale US retail chain Macy’s Inc raised its annual profit forecast on Thursday on resilient demand for high-end clothes and beauty products, while the inflation …
Will plunging shares end big tech’s era of ‘pornographic’ profits? | Technology
Last week was a bad time to be a tech billionaire. When the pandemic drove the world online, the founders of Facebook, Google and Microsoft …
H&M to Cut Costs as Profits Hit by Inflation, Cautious Shoppers
H&M, the world’s No.2 fashion retailer, launched a 2 billion Swedish crown ($177 million) cost savings drive on Thursday after reporting weaker-than-expected profits due to …
Growing International Sales Boost Gymshark Revenue and Profits
The UK-based activewear brand reported a 54 percent increase in revenue in the year ending July 31 2021, according to accounts filed to the UK’s …