Olaplex showed signs of recovery with strong sales from Sephora and other stores in the second quarter, but those gains didn’t make up for a …
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Recovery
Adidas Improves Full-Year Guidance as Post-Yeezy Recovery Continues
Adidas grew revenue by 11 percent in its second quarter ended May 2024, compared to the same period last year, Meanwhile, second-quarter operating profit reached …
Worldview: Alibaba’s Earnings Expose China’s Uneven Recovery
🇨🇳 China’s Alibaba Group Holdings sees Q4 profits tumble. The country’s largest e-commerce group by market share has reported an 86 percent decline in net …
Estée Lauder Tempers Sales View Despite US, China Recovery
Estée Lauder lowered its annual organic sales estimate on persistent softness in Mainland China’s prestige beauty space, even as a demand rebound in the US …
De Beers Warns Diamond Recovery Will Be Slow After Terrible Year
De Beers expects any recovery in the beleaguered diamond market to be slow and gradual as the industry continues to suffer from weak economic growth …
Estée Lauder Reveals Its Recovery Playbook
After reporting its sixth consecutive quarter of declining sales, The Estée Lauder Companies is turning its focus to inner beauty. The New York-based owner of …
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 …
Canada Goose Cuts Sales Forecast on Rocky China Recovery, Appoints New CFO
Canada Goose Holdings cut its annual sales forecast on Wednesday, in a sign that a sharp rebound in China was starting to falter and sales …
Estée Lauder Bulls Flee, Citing China Recovery Concerns
A slew of Wall Street analysts have downgraded Estée Lauder Cos. ahead of the beauty company’s quarterly earnings report, citing concerns around a prolonged recovery …
Justin Bieber Shares a Smiley Update on His Facial Paralysis Recovery
Nine months after revealing his Ramsay Hunt syndrome diagnosis, Justin Bieber is smiling in a new update post. Back in June 2022, the pop star …
Consumer Recovery Continues at Australia’s Largest Fashion Event
The Melbourne Fashion Festival (MFF) closed on Saturday with a stadium-style show for 5,000 guests at the city’s Margaret Court Arena. Romance Was Born, Carla …
Adidas Expects Russia Hit in 2022, but China Recovery
Images and Article from www.businessoffashion.com. German sportswear company Adidas said it expected a halt to its business in Russia due the war in Ukraine to …