Online shopping giants Temu and Shein saw their sales rebound in March and April as US shoppers stockpiled products like makeup brushes and home appliances …
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Sales
LVMH Sales Miss Expectations | BoF
LVMH reported quarterly sales that missed expectations as the luxury industry struggles to reinvigorate demand following last year’s slump. Sales fell 5 percent on an …
LVMH Sales to Test Luxury Investors’ Nerves After Tariff Pain
Europe’s luxury-goods stocks have had a turbulent start to the year, giving investors plenty to consider heading into first-quarter results from sector bellwether LVMH. The …
Capri Aims to Revive Michael Kors With Lower Prices, Amazon E-Commerce Sales
Capri Holdings may have to let go of its image as a luxury fashion house and bank on mid-tier pricing as well as a partnership …
Levi Strauss Beats Quarterly Sales Estimates on Steady Denim Demand
Levi Strauss beat first-quarter revenue estimates on Monday and maintained its full-year forecast, betting on steady demand for its denims and a diverse supply chain …
Struggling Puma Names Former Adidas Sales Chief as CEO
Sportswear brand Puma said on Thursday former Adidas sales chief Arthur Hoeld would take over as CEO, replacing Arne Freundt due to what the company …
Calvin Klein Owner PVH Sees Sales Slump Ending in 2025
PVH Corp., the owner of the Calvin Klein and Tommy Hilfiger brands, is expecting sales growth to be flat or slightly positive this year, outpacing …
H&M First Quarter Sales Weaker Than Expected
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 …
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 …
Kay Jewelers Owner Sees Sales Rebounding, Sparking Shares
Signet Jewelers Ltd. shares jumped after the Kay Jewelers owner said sales are recovering from a disappointing holiday season that led Wall Street to slash …
Milk Makeup Owner Waldencast’s Sales Rise 27.5%
Waldencast, the parent company of the prestige cosmetics brand Milk Makeup and clinical skincare line Obagi, reported 27.5 percent comparable net revenue growth in its …
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 …
Golden Goose Reports Double-Digit Sales Growth in 2024
Luxury sneaker maker Golden Goose’s sales grew 13 percent to hit €654.6 million ($714 million) last year, the company said Wednesday. The robust growth defied …
Inditex Meets Fourth-Quarter Sales Forecast
Zara owner Inditex on Wednesday reported a slower start to its first quarter starting February 1, raising questions around its ability to keep building on …
Mango’s Sales Rise 8% in 2024
Spanish fashion retailer Mango reported on Monday an 8 percent increase in sales in 2024 to 3.33 billion euros ($3.62 billion), as it benefitted from …
Gap Surges on Strong Sales Led by ‘Impressive’ Namesake Brand
Gap Inc. soared after strong quarterly sales showed that chief executive officer Richard Dickson’s turnaround playbook is working. The retailer exceeded analyst estimates for comparable …
Olaplex Sales Slide 9.8%, Specialty Retail Recovers
Olaplex’s sales declined 9.8 percent in its fourth-quarter earnings to $100.7 million, with a particular miss in its professional salon channel, which dropped 27.1 percent …
Rabanne Owner Puig Expects Slower Sales Growth in 2025
Puig, the Spanish beauty company behind perfume brands Rabanne, Carolina Herrera and Jean Paul Gaultier expects its revenues to grow between 6 percent and 8 …
Farfetch Reached EBITDA Profitability in 2024, Sales Remain Lower Than 2022 Levels
In December 2023, Farfetch’s habit of losing money pushed it to the brink of bankruptcy. A year later, the London-based luxury e-tailer reached a profitability …
Hims & Hers’ 458% Rally Tested as FDA Undercuts Obesity Sales
The blistering rally in Hims & Hers Health Inc. that’s captivated meme-stock traders has ground to a halt, setting up a pivotal test when the …