Mytheresa continues to be a stable presence in online luxury amid a sectorwide slowdown. The German e-tailer’s sales grew 8 percent to €202 million ($214 …
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Sales
Salomon and Arc’teryx-Owner Amer Sports Reports Growing Sales and Profits
Amer Sports, owner of outdoor and sports brands including Arc’teryx, Salomon and Wilson, reported bumper earnings Tuesday for its third quarter ended September 30. The …
Mulberry Restructures as Sales Slump
Mulberry is cutting a quarter of its head office staff, as the beleaguered British luxury handbag maker reported that half-year sales slumped by almost a …
Revolution Beauty Sales, Profits Slide in First-Half Results
British cosmetics maker Revolution Beauty reported a 20 percent decline in revenue to £72.4 million ($91.6 million) and a 48 percent decline in profit in …
Global Luxury Sales to Fall 2% in 2024, Bain Says
Sales of personal luxury goods are set to fall 2 percent this year, making it one of the weakest on record, with price hikes and …
On Boosts Outlook on Record Sales for Sneaker Upstart
On Holding AG raised its sales outlook for the year as the Swiss sneaker maker steps up its competition with bigger rivals such as Adidas …
Temu Faces Second EU Probe for Misleading Sales Practices
Temu is at risk of being fined for breaching European Union consumer-protection law, adding to the e-commerce platform’s regulatory problems a week after the bloc …
Kenvue’s Weak Sales Give Power to Activist Push
Kenvue Inc., the owner of Tylenol and Neutrogena, reported sales that trailed estimates after its skin health and beauty category slowed. Organic sales rose 0.9 …
Farfetch Owner Coupang’s Retail Sales Miss Estimates
Coupang Inc. slid in late trading on Tuesday after reporting retail net sales that fell short of Wall Street’s expectations. Net sales totaled $6.14 billion, …
Shein’s European Entity Reports 68% Sales Growth in 2023
Sales by Shein’s Ireland-registered entity Infinite Styles Ecommerce Co grew 68 percent in 2023, hitting €7.684 billion ($8.36 billion), according to annual results published on …
EBay Falls After Projecting Lackluster Holiday Season Sales
EBay Inc. dropped in extended trading after projecting holiday season sales that fell short of analysts’ estimates, suggesting the e-commerce company continues to struggle against …
Temu to Face EU Probe Over Handling of Illegal Product Sales
The European Union is set to launch an investigation into Temu over concerns it is failing to curb the sale of illegal products online, in …
Moncler Group’s Sales Fall 3 Percent
Moncler Group reported third-quarter revenues of €636 million ($687 million), falling 3 percent year-on-year at constant exchange. The slip was largely attributed to a decrease …
Puig Posts 11% Rise in Third-Quarter Sales, Beats Expectations
The Barcelona-based firm behind perfume brands Rabanne, Carolina Herrera and Jean Paul Gaultier said net sales for the three-months ending Sept. 30 were €1.26 billion …
Crocs Shares Sink After Shoemaker Pares Back Sales Outlook
Crocs Inc.’s shares fell as much as 16 percent in US premarket trading after the seller of brightly coloured plastic clogs tempered growth expectations and …
Adidas Comeback Gains Ground With Widespread Rise in Sales
Adidas reported strong third-quarter growth across most regions in a sign a revival plan led by chief executive Bjørn Gulden is starting to work. The …
Vans Parent VF Corp Swings to Profit, Beats Sales Estimates
Vans parent VF Corp opens new tab turned a profit after two consecutive quarterly losses and beat second-quarter sales estimates on Monday, benefiting from sequential improvement …
Cetaphil Owner Galderma Sales Lift 9.2% on Strong Skincare and Injectable Demand
Swiss skincare firm Galderma said on Thursday it had logged sales of $3.26 billion during the first nine months of the year, up 9.2 percent …
Beiersdorf Sales Rise 6.5%; China Still Drags
Nivea maker Beiersdorf reported on Thursday a rise in group sales for the first nine months of 2024, and said it expected a strong fourth quarter, …
Unilever Sales Rise 4.5%, Narrowly Beating Expectations
Unilever achieved slightly better than expected underlying quarterly sales after winning back more shoppers with product innovations and slower price increases, posting its biggest gain in …