Adidas sales should fall only slightly in 2023, a better outcome than previously expected, the sportswear giant said on Thursday, confirming strong demand for its …
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Sales
E.l.f. Raises Sales Outlook | BoF
E.l.f. Beauty Inc. hiked fiscal year sales and adjusted profit expectations as inflation-weary customers drive demand for its budget-conscious brand. E.l.f. Beauty now expects sales …
Hermès Sales Surge 28%, Defying Luxury Slowdown
Sales at Birkin bag maker Hermès accelerated in the second quarter, showing the resilience of global demand for the group’s high-end leather goods despite a …
Soaring Miu Miu Sales Help Boost Prada Group
A “remarkable performance” at Miu Miu along with strong sales in Asia and Europe helped boost Prada Group revenues in the first half, the company …
Sales at Italian Luxury Group Moncler Beat First-Half Expectations
Sales at Italian luxury group Moncler rose 24 percent at constant exchange rates in the first half of the year, thanks to a strong rebound …
Puma Highlights ‘Volatile’ Demand After Rise in Second-Quarter Sales
German sportswear retailer Puma’s second-quarter sales grew by 11 percent, the company reported on Wednesday, slightly ahead of market expectations thanks to stronger revenues from …
Craze for vintage Gap comes to the rescue as current sales decline | Fashion
Look to the back of your wardrobe and you may be surprised to find you have some valuable fashion back there. Not a forgotten Chanel …
US Retail Sales Edge Higher as Key Metric Shows Resilient Demand
US retail sales rose by less than forecast, while an underlying measure of household spending pointed to a more resilient consumer at the end of …
Burberry’s US Sales Fall As Aspirational Demand Weakens
Burberry’s first-quarter sales were down in the key US market, where demand from aspirational consumers has softened, interim chief financial officer Ian Brimicombe said on …
Nike Shows Sales Strength; Profit Falls Just Short of Estimates
Nike Inc. reported sales that outpaced Wall Street’s expectations while profit fell just short of estimates as the company works to sell off its high …
US Retail Sales See Unexpected Growth
US retail sales unexpectedly rose in May, showcasing resilient consumer demand in the face of mounting economic challenges. The value of retail purchases climbed 0.3 …
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 …
Asos Sales Fall 14 Percent in Latest Quarter as Firm Prioritises Profit
British online fashion retailer Asos on Thursday reported a 14 percent drop in quarterly revenue but said its new strategy was starting to work as …
How Beauty Barrage Enables Brands to Solve Their Field Sales Resourcing to Focus on Growth
The quit rate in the United States retail and hospitality sectors is among the highest. It outpaces the average US quit rate by more than …
Nordstrom Beats Quarterly Sales Estimates as Apparel Demand Holds Up
Nordstrom Inc beat market estimates for first-quarter sales on Wednesday as demand from wealthy shoppers cushioned a wider, inflation-driven slowdown in spending on clothing and …
Chanel to Double Capital Investments, Bolster ‘Ultimate Luxury Experience’ as Sales Surge
Chanel’s annual revenues rose 17 percent to $17.2 billion in 2022, the first year under a new chief executive Leena Nair, the family-owned French luxury …
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 …
Boohoo Founders Get Hefty Bonuses Despite Missing Sales and Profit Targets
The founders of fast fashion retailer Boohoo doubled their pay to about £1 million each last year as they were handed hefty bonuses despite missing financial targets. …
Express, Inc. Completes Acquisition of Bonobos, Posts 15% Sales Dip
Express, Inc. completed its joint acquisition of the menswear brand Bonobos in partnership with WHP Global for a combined purchase price of $75 million, the …
Abercrombie & Fitch Raises 2023 Sales Forecast
Abercrombie & Fitch Inc on Wednesday reported a surprise quarterly profit and raised its annual sales forecast, as the apparel retailer bets on its efforts …