Alibaba Group Holding missed market expectations for first-quarter revenue on Thursday, as the company’s domestic e-commerce sales came under pressure from cautious spending by Chinese …
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Revenue
Allbirds Meets Revenue Expectations, Narrows Losses
Allbirds’ sales fell 27 percent year over year to $52 million in the second quarter, but that was more than enough to keep the company …
VF Corp Posts Smaller Q1 Revenue Drop Than Expected, on Better China Demand
VF Corp reported a smaller-than-expected drop in first-quarter revenue on Tuesday, helped by improvement in its China business as well as leaner inventory levels, sending …
Italian Luxury Group Zegna Posts Flat Organic Revenue
Italian fashion group Ermenegildo Zegna reported broadly flat second quarter organic revenue on Thursday as sales in the United States, Europe and Middle East helped offset …
LVMH Revenue Slip Signals Continued Gloom for Luxury
LVMH’s revenue slipped for the second consecutive quarter amid a market slowdown for luxury goods that even the sector’s leading conglomerate is struggling to shake …
Nike Posts Surprise Quarterly Revenue Drop on Choppy Demand
Nike reported a surprise drop in fourth-quarter revenue on Thursday, as the sportswear maker struggled with low demand for its apparel and footwear amid rising …
Levi Strauss Posts Quarterly Revenue Miss, Maintains Annual Forecasts
Levi Strauss fell short of market expectations for second-quarter revenue on Wednesday and maintained its annual forecast for profit and revenue, on choppy demand for …
Nordstrom’s Reaffirmed Annual Forecasts Overshadow Quarterly Revenue Beat
Nordstrom on Thursday warned of an uncertain economy and said consumers were resilient but selective, after the department store owner merely maintained its annual forecasts …
Ralph Lauren Names Insider Picicci as CFO, Forecasts Dull Annual Revenue
Ralph Lauren on Thursday forecast annual revenue growth below market expectations and named insider Justin Picicci as its chief financial officer, effective immediately. The apparel …
Temu-Parent PDD Holdings Beats First-Quarter Revenue Estimates
PDD Holdings beat first-quarter revenue estimates on Wednesday, powered by its international shopping site Temu and and growing consumer interest in its Chinese discount e-commerce …
VF Corp Misses Quarterly Revenue Estimates, Posts Loss
VF Corp posted a fourth-quarter loss and reported revenue below analysts’ estimates on Wednesday as sales declined across its brands, reflecting choppy demand for its apparel …
JD.com Reports Q1 Revenue Above Estimates
Chinese online retailer JD.com on Thursday reported first-quarter revenue that beat market estimates, as price cuts and discount coupons helped boost sales that have been …
Condé Nast Chief Revenue Officer Steps Down
Pamela Drucker Mann is leaving her post as global chief revenue officer and president of US and international revenue at Condé Nast, according to an …
Swiss Sneaker Company On Reports Record Quarterly Revenue of $560 Million
On, the Zurich-based running sneaker brand reported net sales of CHF 508.2 million ($560.9 million) for the quarter ended March 31, up 21 percent year-over-year. …
Tapestry Misses Quarterly Revenue Expectations
Coach handbag maker Tapestry posted third-quarter revenue below Wall Street expectations on Thursday as demand for its handbags and accessories continued to falter in the …
UK’s creative industries bring in more revenue than cars, oil and gas – so why is arts education facing cuts?
Recent guidance issued by the education secretary, Gillian Keegan, to the Office for Students reveals conflicting priorities in government and pours fuel on fires burning …
Korean Fashion E-tailer Musinsa Posts $733 Million in Annual Revenue
The KKR-backed company has reported a 40.2 percent growth in annual revenue to 993.1 billion won for the 2023 fiscal year. EBITDA for the year …
Lanvin Group Annual Revenue Flat in 2023
Lanvin Group reported preliminary annual revenue last year that rose by 1 percent to â¬426 million ($461 million) last year, hamstrung by weakness at its …
Coty’s Premium Fragrances, Cosmetics Launches Drive Quarterly Revenue Beat
Coty beat Wall Street estimates for second-quarter revenue on Wednesday, powered by higher pricing and strong demand for its high-end Burberry and Gucci fragrances and …
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 …