The online luxury retailer’s revenue rose 8 percent year on year in the first quarter of 2023, above analyst’s expectations. Farfetch’s improved inventory, partnerships with …
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Sales
Burberry Sales Rise as Shoppers in China Splurge Again
Burberry Group Plc sales jumped as the British fashion company benefited from the strong appetite of Chinese consumers free to spend again after the country’s …
The Best Early Memorial Day Deals: Amazon, Target & Sephora Sales
Scroll To See More Images If you purchase an independently reviewed product or service through a link on our website, STYLECASTER may receive an affiliate …
US Retail Sales Increase in Sign of Steady Consumer Spending
US retail sales increased in April, suggesting consumer spending is holding up in the face of economic headwinds including inflation and high borrowing costs. The …
Hermès Opens New Leather Goods Workshop as Sales Approach $15 Billion
CHARLEVILLE MEZIÈRES, France – Hermès opened its twenty-second French leather goods workshop Friday in the Ardennes region bordering Belgium. The 5,700 square-metre facility is set to …
33 Best Memorial Day Clothing Sales 2023
Memorial Day weekend is coming up, meaning it’s high time to nail down your warm-weather wardrobe for the long weekend. Curious to know which Memorial …
Italian Fashion Group Tod’s Sales Jump in Q1, Beating Expectations
Sales at Italian fashion group Tod’s rose by 23 percent in the first quarter of the year, beating analysts’ forecasts thanks to a strong performance …
Next Keeps Profit Guidance After Quarterly Sales Edge Lower
British fashion retailer Next maintained its guidance for annual profit after reporting a smaller decline in first-quarter sales than it expected, saying it was too …
Germany’s Symrise Q1 Sales Rise as Demand Stays Strong
German flavour and fragrance maker Symrise on Wednesday posted a jump in first-quarter sales broadly in line with forecasts, citing robust demand across the board …
Puma Expects Q2 Sales Growth Below Full-Year Target
German sportswear maker Puma on Wednesday said it expected second-quarter sales to grow at a low- to mid-single-digit percentage rate, below its full-year target, due …
Lacoste Bets on New Store Concept to Propel Sales to €4 Billion
LONDON — To drive its next chapter of growth, Lacoste is betting on bigger and better retail stores. This week, the French heritage brand, best …
Cucinelli Posts 33% Rise in Q1 Sales, Confirms 2023 Revenue Growth Forecast
Sales at Italian luxury group Brunello Cucinelli rose 33 percent at constant exchange rates in the first quarter, driven by strong growth in the Americas …
South Korean E-Tailer Musinsa Sees Annual Sales Surge 54%
The rapidly growing fashion e-commerce company reported sales of 708.3 billion won (US$545 million) in 2022, a year on year increase of 54 percent. The …
LVMH Sales Lifted by Strong Chinese Rebound in First Quarter
French group LVMH reported a 17 percent rise in first-quarter sales, lifted by a return to strong business in China, which is serving as a …
Beiersdorf Raises 2023 Sales Outlook
Nivea maker Beiersdorf raised its full-year sales guidance on Wednesday, as it reported a 12.2 percent hike in preliminary organic group sales in the first …
Lululemon Sees 2023 Sales, Profit Above Estimates on Steady Demand
Lululemon Athletica Inc forecast annual sales and profit above Wall Street estimates on Tuesday, betting that demand for its pricier yoga wear and athleisure clothing …
Iranian Fashion Industry Sees Sales Decline During Nowruz
The Persian New Year shopping period accounts for a significant share of local retailers’ annual turnover, but this year’s takings are down due to economic …
Cucinelli Raises Sales Growth Forecast for 2023
Italian luxury group Brunello Cucinelli on Wednesday raised its sales growth guidance for 2023 to 15 percent, up from its previous estimate of 12 percent, …
H&M Slips Out of Fashion as First Quarter Sales Lag
H&M, the world’s second-biggest fashion retailer, reported on Wednesday a smaller-than-expected increase in sales in the latest sign it is struggling to compete with Zara-owner …
Gap Sees Weak Annual Sales as Inflation-Hit Consumers Rein in Spending
Gap Inc on Thursday forecast full-year sales below Wall Street estimates, signaling a slowdown in demand as inflation-weary consumers curb discretionary spending. Shares of the …