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 …
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Sales
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, …
Zara-Owner Inditex Extends Sales Gains, Bucking Retail Trend
Inditex SA sales jumped at the start of the third quarter as the Zara owner’s popular fashion ranges and nimble operations helped it cope better …
Ulta Beauty Cuts Sales Outlook on Slowing Consumer Demand
Ulta Beauty Inc. trimmed its sales forecast as more US consumers cut back on makeup and cosmetics in the face of higher prices and elevated …
Victoria Beckham Losses Shrink as Sales Soar 50% at Fashion Brand
Victoria Beckham’s fashion and beauty business narrowed its losses last year as sales soared by 52 percent to £89 million ($112 million). The company said …
Abercrombie Sales Beat Underwhelms After Big Run-Up in Stock
Abercrombie & Fitch Co. beat analysts’ sales expectations for the sixth consecutive quarter, but it wasn’t enough to impress investors who have grown accustomed to …
PVH Corp. Reports 6 Percent Sales Drop, Driven By Weak International Segment
PVH Corp. reported a 6 percent dip in revenue, year-over-year, in its quarter ending Aug. 4, to $2.1 billion — in line with Wall Street …
Nordstrom Q2 Revenue Rises on Boost From Sales Event, Shares Surge
Nordstrom reported a better-than-expected growth in second-quarter sales on Tuesday, buoyed by its crucial Anniversary Sale event, even as consumers remain cautious amid inflationary pressures, sending …
Lanvin Group Posts 20% Drop in Sales Amid Luxury Slowdown
Lanvin Group’s revenue decreased 20 percent year over year to €171 million ($191 million) in the first half of 2024. The company, like many operators …
Urban Outfitters Shares Sink on Disappointing Sales Growth
Urban Outfitters Inc. shares slid after the owner of the Anthropologie and Free People brands posted quarterly sales growth that came in below Wall Street’s …
Estée Lauder Sees Annual Sales Below Estimates on China Weakness
Estée Lauder is forecasting annual revenue growth below analysts’ expectations, a sign that the cosmetics company’s long-awaited recovery has hit another roadblock. The company said …
US Retail Sales Rise More Than Expected in July
US retail sales rose more than expected in July, which could help to allay financial market fears of a sharp economic slowdown that were fanned …
Walmart Lifts Full-Year Outlook on Strong Apparel Sales
Walmart Inc. raised its sales guidance for the full year, as the chain expects to draw shoppers searching for deals. The Bentonville, Arkansas-based company said …