Mytheresa continues to be a stable presence in online luxury amid a sectorwide slowdown. The German e-tailer’s sales grew 8 percent to €202 million ($214 …
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Showing: 1 - 20 of 31 RESULTS
Quarter
Mulberry to Cut Nearly a Quarter of Corporate Roles
Struggling British handbag brand Mulberry is planning to cut around a quarter of its corporate roles, BoF has learned, as new chief executive Andrea Baldo …
Hermès Faces Slowest Quarter in Years as Luxury Woes Spread
Hermès, traditionally resilient in the face of challenges weighing down its luxury peers, will probably show the impact of the industry slowdown in its third-quarter …
L’Oréal Third Quarter Sales Miss Expectations as China Buys Less
French cosmetics giant L’Oréal reported a rise in third quarter sales on Tuesday that missed expectations after low consumer confidence in China sapped demand for beauty …
Revlon Reports Fourth Quarter Loss
NEW YORK, United States — Revlon Inc. on Friday reported a fourth-quarter loss of $36.5 million, after reporting a profit in the same period a …
Gap’s Surprise Earnings Release Shows Strong Second Quarter
Gap Inc. beat sales expectations in the second quarter, suggesting that an overhaul by new chief executive officer Richard Dickson is working. Net sales in …
TJ Maxx Parent Raises Annual Profit Forecast After Strong Second Quarter
Off-price retailer TJX Cos raised annual profit forecast after quarterly results beat estimates on Wednesday, banking on gains from easing costs and strong demand for its …
On Records Another Bumper Quarter
Swiss sneaker giant On reported net sales of CHF 567.7 million ($654.4 million) in the three months ending June 2024, up 28 percent from the …
Warby Parker’s E-Commerce Returned to Growth in the Second Quarter
Warby Parker’s revenue grew 13 percent year over year to $188 million in the second quarter of 2024, a slight drop in growth from its …
Beiersdorf Warns of Difficult Quarter Ahead in China
German skin care company Beiersdorf said on Tuesday the luxury skin care market in China has continued to “decline strongly” during the second quarter, but …
Ferragamo Sales Down 17% in First Quarter
Sales at Italian luxury group Salvatore Ferragamo fell 16.6 percent at constant exchange rates in the first quarter, the company said on Thursday. “Over the quarter, …
Olaplex Sales Continued Slide in First Quarter
Olaplex’s sales decline isn’t over yet. In its first-quarter results released on May 2, the company reported a 13.1 percent net sales decrease to $98.9 …
Sales at Italy’s Moncler Up 16% in First Quarter Boosted by China
Italian fashion group Moncler posted on Wednesday a 16 percent increase in first quarter sales at constant exchange rates, boosted by solid demand in China, a …
Gucci Sales Down 20% in First Quarter, Kering Forecasts
Kering’s first-quarter revenues will likely decline by 10 percent on a comparable basis, the Paris-based luxury group flagged in an unscheduled trading update Tuesday. The …
7 Best Men’s Quarter Socks For All Activities in 2024
Don’t you just hate it when your sock slides halfway down your foot when you least expect it? Bonus pain-in-the-keister points if it’s cold outside …
EBay Reports Strong Holiday Quarter, Expands Buyback Plan
EBay Inc. posted a strong holiday quarter, giving investors fresh hope that the company can boost profits following steep job cuts. The company also added …
Kering Sales Dip 4% In Holiday Quarter
Luxury fashion’s second-biggest group, Kering, reported fourth-quarter revenues that fell 4 percent on an organic basis, in line with analyst estimates. Full-year 2023 sales at …
Canada Goose Rides on China Luxury Recovery to Forecast Strong Quarter
Canada Goose Holdings forecast fourth-quarter revenue above analysts’ estimates on Thursday, as the luxury goods maker bets on a sharp rebound in crucial market China …
German Beauty Retailer Douglas Sees Sales Grow to $1.7B in First Quarter
German beauty retailer Douglas said Monday its first quarter sales rose to €1.56 billion ($1.71 billion), up just over 8 percent from the same period …
American Eagle Outfitters Lifts Holiday Quarter Revenue View on Strong Demand
American Eagle Outfitters on Monday raised its fourth-quarter revenue forecast, citing strong demand in the all important holiday season. The multi-brand apparel retailer now expects fourth-quarter …