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 …
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Sales
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 …
Capri Holdings Sales Fall 12%
Capri Holdings — the New York-based owner of Michael Kors, Versace and Jimmy Choo — reported sales fell 12 percent excluding currency shifts in the most …
Shiseido Sales Drop 4% As US Business Slumps
Shiseido’s net sales decreased 4 percent to $1.7 billion in the second quarter, the Japanese beauty conglomerate announced Wednesday. Core operating profit for the first half …
Nivea Maker Beiersdorf’s Sales Grow Despite China’s Luxury Slowdown
“Our icon Nivea led the way with a double-digit sales increase combined with growth across all key regions and categories. These positive results more than …
Olaplex Sales Fall, But Company Says Recovery Is on Track
Olaplex showed signs of recovery with strong sales from Sephora and other stores in the second quarter, but those gains didn’t make up for a …
Amazon Shares Tumble on Slowing Online Sales Growth
Shares of Amazon fell more than 8 percent on Friday after the online retailer reported slowing online sales growth in the second quarter and said …
Canada Goose Boosts Sales on Asia Strength, Lightweight Apparel
Canada Goose Holdings Inc. reported higher-than-expected revenue as its Asian stores boosted sales and it introduced new lightweight products for warmer seasons. The Toronto-based luxury …
Next Raises Guidance as British Retailer’s Sales Soar Abroad
Next Plc raised its guidance for the year after the British fashion and homewares company said shoppers ordered more of its products from abroad. The …
L’Oréal Q2 Sales Rise but Depressed China Market Weighs
French cosmetics giant L’Oréal reported a 5.3 percent rise in second-quarter sales, below expectations and likely further rattling investors already worried about the lack of …
P&G Posts Surprise Sales Drop as Demand Slows Despite Price Controls
Procter & Gamble posted a surprise drop in fourth-quarter sales, as demand for its Charmin toilet paper and Pampers diapers slowed globally despite efforts to …