Swedish fast-fashion retailer H&M reported weaker than expected sales for its first quarter on Thursday and said sales were up 1 percent so far in …
Quarter
Nike Sales Beat Estimates in New CEO’s First Full Quarter
Nike Inc.’s results surpassed analysts’ expectations as its new chief executive officer’s turnaround strategy begins to take hold. Revenue fell 9 percent to $11.3 billion …
The Body Shop’s Suppliers to Receive No More Than a Quarter of £219 Million Owed
The Body Shop’s suppliers, including small charities, local councils and cosmetics manufacturers, are to receive no more than about a quarter of the £219 million …
Hugo Boss Sees Broadly Stable 2025 Sales, Flags Muted Demand in First Quarter
Hugo Boss said muted consumer sentiment was having an impact on its business in the current quarter as it forecast 2025 sales broadly in line …
Ferragamo’s Sales Down 4% in Fourth Quarter
Italian luxury goods group Salvatore Ferragamo said on Thursday its revenue dropped by 4 percent at constant currencies in the fourth quarter, flagging “encouraging results” …
Zegna Group Returns to Growth in Fourth Quarter
Ermenegildo Zegna Group’s fourth-quarter revenue reached €589 million ($619 million), up 3 percent year-on-year, joining Richemont and Burberry in reporting surprisingly strong sales in the …
P&G Stopped Hiking Prices and Sales Still Grew Last Quarter
Procter & Gamble Co. organic sales surpassed estimates on higher volume, a change from earlier quarters where most of the company’s growth came from price …
Mytheresa Reports Sales, Profit Growth in Latest Quarter
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 …
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 …