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 …
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Raises
Amer Sports Raises Guidance After Strong Second-Quarter Earnings
Finnish sports conglomerate Amer Sports said sales at its Arc’teryx and Salomon brands grew by double-digit percentages, helping the company narrow its losses and beat …
Pandora Raises Full-Year Growth Outlook as Broader Product Range Pays Off
Pandora, the world’s biggest jewellery maker, raised its full-year growth outlook on Monday, presenting a more upbeat outlook than some other consumer goods companies as …
Next Raises Guidance as British Retailer’s Sales Soar Abroad
Next Plc raised its guidance for the year after the British fashion and homewares company said shoppers ordered more of its products from abroad. The …
Chanel Raises €700 Million From High-Grade Private Debt Market
Chanel has raised over €700 million ($758 million) from a privately-placed bond sale, people with knowledge of the matter said. The London-based luxury fashion house …
Deckers Outdoor Raises FY Profit Target on Strong Hoka, Ugg Demand
Deckers Outdoor raised its annual profit forecast after beating first-quarter estimates on Thursday, betting on strong demand for the footwear and apparel firm’s Hoka sneakers …
Douglas Raises Sales Forecast, Divests Pharmacy Business
On Wednesday, Germany-based beauty retailer Douglas upgraded its sales forecast, predicting growth of 8.5 percent this fiscal year, up 1.5 percent from its previous outlook. …
L Catterton Group Raises $756 Million in Birkenstock Share Sale
Private equity firm L Catterton and a group of employees of Birkenstock Holding Plc raised $756 million on Wednesday from the sale of a block …
Lululemon-Backed Recycler Samsara Eco Raises $65 Million
Lululemon-backed plastics recycler Samsara Eco has raised $65 million to help scale its operations. The Australian company uses enzymes to recycle plastics like polyester and …
Julie Bornstein’s New AI Start-Up Raises $50-Million Seed Round
Daydream, a new AI-based shopping platform from retail and e-commerce veteran Julie Bornstein, has raised $50 million in seed funding. Co-leading the round were Forerunner …
Abercrombie Raises Outlook, Extending ‘90s Fashion Comeback
Abercrombie & Fitch Co. raised its full-year outlook after it blew past first-quarter sales estimates and extended its bounce back from the teen fashion graveyard. …
H&M-Backed Textile Recycler Syre Raises $100 Million
Polyester recycling company Syre has raised $100 million to help finance construction of a pilot plant in the US this year, pave the way to …
African Designer Platform The Folklore Raises $3.4 Million
The seed funding round was led by venture capital firm Benchstrength and included participation from investors Techstars, Black Tech Nation Ventures and Slauson and Co. …
E.l.f. Beauty Reports 85 Percent Sales Growth and Raises Outlook
On Tuesday, the beauty company reported an 85 percent year-on-year increase in sales in its fiscal third quarter ending in Dec., reaching $270.9 million. After …
Castore Raises £145 Million in Funding Round
The activewear label announced that it secured growth investment in a funding round led by Raine Partners, the equity arm of investment firm The Raine …
Ulta Beauty Raises Annual Forecasts, Longtime CFO Settersten to Retire
Ulta Beauty on Thursday raised the lower end of its full-year profit and sales forecasts helped by buoyant demand for luxury skincare and fragrances and …
Foot Locker Raises Forecast on Strong Thanksgiving Week
Foot Locker Inc. raised its full-year forecast, citing strong results over Thanksgiving week and progress on its strategic growth plan. The athletic retailer now expects …
American Eagle Raises Annual Revenue Forecast on Strong Holiday-Season Demand
American Eagle Outfitters on Tuesday raised its annual revenue forecast, in a sign that demand for its apparel and accessories remained steady ahead of the …
Saks Owner Raises $340 Million After Retailer Didn’t Pay Vendors For Months, Sources Say
NEW YORK – Saks Fifth Avenue owner Hudson’s Bay Company has raised $340 million to help fund its retail operations. The group announced the fresh …
Matthew Williams’ 1017 ALYX 9SM Raises Investment from Hong Kong Entrepreneur Adrian Cheng
Matthew Williams’ luxury streetwear label 1017 ALYX 9SM has secured investment from Hong Kong-based entrepreneur Adrian Cheng, the company confirmed Friday. The terms of the …