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 …
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Sales
Kering Warns on Profit as Sales Fall 16%
Kering’s third-quarter sales fell 16 percent on a comparable basis to €3.78 billion ($4.08 billion) as a market-wide slowdown pounded the French group. Gucci, Saint …
L’Oréal Third Quarter Sales Miss Expectations as China Buys Less
French cosmetics giant L’Oréal reported a rise in third quarter sales on Tuesday that missed expectations after low consumer confidence in China sapped demand for beauty …
Interparfums Sales Rise 15%, Buoyed by Fragrance Demand
Growing demand for prestige perfumes helped lift Interparfums sales 15 percent year-on-year to $425 million – beating analyst expectations of $413 million – in its …
P&G Reports Weak Sales Growth on Lower Beauty Demand
Procter & Gamble Co. posted a second straight quarter of sluggish sales growth, dragged down by minimal price increases and weakness in key areas such …
UK Retail Sales Rise Unexpectedly as iPhone Offsets Budget Gloom
UK retail sales rose unexpectedly on demand for consumer tech including the new iPhone, a welcome boost for the new government after it was accused …
EssilorLuxottica Sales Slightly Miss on Worsening China Market
EssilorLuxottica SA’s third-quarter revenue slightly missed estimates on the back of a negative performance from sunglasses in North America and worsening economic conditions in China. …
US Retail Sales Increase Solidly in September
US retail sales increased slightly more than expected in September, supporting views that the economy maintained a strong pace of growth in the third quarter. …
LVMH Fashion and Leather Goods Sales Fall 5%, Missing Estimates
LVMH’s critical fashion and leather goods division reported third-quarter sales down 5 percent, missing the expectations of analysts who had predicted between 0 and 2 …
Coty Lowers First-Quarter Sales Outlook
CoverGirl parent Coty, opens new tab on Monday estimated first-quarter like-for-like sales growth below its prior forecast due to a slowdown in the U.S., sending its …
Uniqlo Owner Targets Higher Sales From Strong Western Market
Fast Retailing Co. is filling up closets in American and European homes with its Uniqlo brand of apparel, a feat that’s helped the Japanese retailer …
How Brands Make the Most of Sample Sales
Veteran fashion publicist Kelly Cutrone remembers a time when it was frowned upon for brands to advertise their end-of-season sales. “It just used to be …
MercadoLibre Posts Record Argentina Sales Amid Consumer Rebound
MercadoLibre Inc., the Latin American e-commerce and fintech platform that’s now the region’s most valuable company, said it’s seeing signs of a consumption rebound in …
Shein’s UK Sales Hit $2 Billion Ahead of Possible London Listing
Shein’s UK sales soared to £1.55 billion ($2 billion) last year ahead of the online fashion retailer’s potential initial public offering in London. The company, …
Nike’s Plunging Sales Reveal the Difficult Task Ahead for Incoming CEO
Nike’s surprise announcement last month that Elliott Hill would return to lead the company touched off a wave of jubilation and relief among employees and …
Beiersdorf Lifted by Strong La Prairie Sales
BERLIN, Germany — Beiersdorf beat its consumer product rivals on Tuesday by posting a 6.5 percent rise in first-quarter organic group sales, powered by its …
Coty Posts Surprise Profit as Beauty Product Sales Recover
NEW YORK, United States — Coty Inc posted a surprise quarterly profit on Friday as demand for its beauty products and fragrances recovered from lockdown lows …
Casablanca Paris to Open First Retail Store as Sales Approach $50 Million
Casablanca Paris, the London-based fashion brand founded by French designer Charaf Tajer, is set to open its first retail store. A 450-square-metre space on Paris’ …
US Retail Sales Post Surprise Gain, Helped by Online Stores
US retail sales unexpectedly rose in August, supported by online purchases that masked more mixed results at other merchants. The value of retail purchases, unadjusted …
Mytheresa Grows Sales Amid Continued Focus on Top Clients
As the global luxury industry flounders amid tepid consumer demand this year, Mytheresa continues to buck the trend. The luxury e-tailer finished its fiscal year, …