Gap beat Wall Street expectations for fourth-quarter sales on Thursday, buoyed by strong demand on improved product offerings at its Old Navy and namesake brands during …
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Reports
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 …
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 …
What Big Brands’ Sustainability Reports Won’t Tell You
A little over a decade ago, an unlikely partnership between American mass market giant Walmart and outdoor apparel retailer Patagonia spurred one of the fashion …
Prada Reports 3Q Retail Sales Up 10 Percent
Prada Group’s revenues rose 17 percent excluding currency shifts to €3.3 billion in the first nine months of the year, the Milanese fashion company said …
Fragrance Maker Symrise Reports a Decline in Profit
Symrise posted an 8 percent fall in half-year core profit, hurt by a production shut-down and higher energy and raw material costs, sending shares in …
H&M Reports Weaker-Than-Expected Q2 Sales
H&M posted slightly weaker-than-expected fiscal second-quarter sales on Thursday, but prospects for a better third quarter after a strong start in June sent shares in …
Natalie Portman Will Stay With Husband Benjamin Millepied Amid Reports of His Infidelity, Says Source
Oscar-winning actor Natalie Portman, 41, and her husband, dancer/choreographer Benjamin Millepied, 45, are sticking together amidst his alleged infidelity. Rumors that Millepied cheated on Portman …
Africa’s Top Clothes Retailer Reports Decline in Earnings and Leadership Change
Pepkor Holdings Ltd. replaced the head of its Ackermans unit after Africa’s largest clothing retailer posted a drop in first-half earnings as it failed to …
E.l.f. Reports 48 Percent Increase in Net Sales For Fiscal Year 2023
On Thursday, E.l.f. announced its fourth-quarter and fiscal year earnings for 2023; reporting a 48 percent increase in year-end net sales to $578.8 million. Total …
Asos Reports First-Half Loss as Shoppers Cut Back
Asos, Britain’s one-time poster child for the shift to online fashion retailing, swung to a first-half loss, hurt by a squeeze on household budgets and …
Amazon Reports Quarterly Revenue Above Estimates
Amazon Inc reported first-quarter revenue above Wall Street estimates on Thursday, helped by resilient demand for online shopping and its cloud services businesses. The world’s …
John Lewis May Dilute Historic Partnership Model, Times Reports
John Lewis Partnership Plc may dilute its famous employee-owned structure to raise new investment as UK retail conditions worsen, the Times reported, without saying where …
Brazilian Footwear Major Arezzo & Co Reports Strong 2022 Revenue Growth
The footwear and accessories conglomerate recorded full year 2022 gross revenues of 5.2 billion reais ($1.01 billion), a 43.5 percent increase from the previous year. …
Prada Reports Highest-Ever Annual Sales
Prada’s annual revenues rose 21 percent to €4.2 billion ($4.4 billion) in 2022, the highest level ever, the Milanese fashion group said Thursday. Operating profit …
Lanvin Group Reports 38 Percent Revenue Increase in 2022
Lanvin Group reported on Friday unaudited annual revenue of €425 million ($454.5 million) for 2022, a 38 percent increase year-over-year. It marks the first time …
Kim Kardashian Shares Self-Love Messages to Instagram Amid Reports of Kanye West Marriage
Amid reports that her ex-husband Kanye “Ye” West has married his Yeezy associate, Kim Kardashian is sharing messages of self-love and perseverance on Instagram. In …
Stella McCartney Reports £32.7 Million Loss in 2021
Post-tax losses at the brand, known for the sustainable positioning and advocacy of its eponymous founder, deepened 7 percent year-on-year, as higher sales were offset …
Bradley Cooper & Irina Shayk Take Daughter Lea, 5, To See Christmas Tree Amid Reconciliation Reports
View gallery Image Credit: Ulices Ramales / BACKGRID It’s a family date day! Just one day after Bradley Cooper was spotted strolling through New York City …
COP27 Reports World on Track to Increase Emissions 10.6% By 2030
If countries fulfil their current climate commitments, global greenhouse gas emissions will rise by 10.6 percent by 2030 compared to 2010 levels, according to a …