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 …
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Sales
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 …
Armani Posts ‘Single Digit’ Sales Drop in First Half
Italian fashion house Giorgio Armani managed to keep its operating profit steady last year and grow net sales by 6 percent at constant currencies, despite …
Hermès Q2 Sales Rise 13% on Continued Appetite for High-End Luxury
Birkin-bag maker Hermès reported a 13 percent rise in second-quarter sales on Thursday, demonstrating the continued appetite from wealthy shoppers for its luxury handbags, even …
Gucci Sales Fall 20 Percent
Kering reported second-quarter sales down 11 percent, dragged down primarily by flagging sales at Italian mega-brand Gucci. Gucci’s sales fell 20 percent in reported terms, …
Inter Parfums Sales Rise 11%, Renews Van Cleef License
Second-quarter net sales at Inter Parfums rose 11 percent to $342 million against the same period last year, beating a consensus estimate of $339 million. …
Amazon Prime Day Drives US Online Sales up 11% to $14.2 Billion
US shoppers spent $14.2 billion online during Amazon’s 48-hour Prime Day sale, up 11 percent from a year ago and in line with estimates, according …
Douglas Raises Sales Forecast, Divests Pharmacy Business
On Wednesday, Germany-based beauty retailer Douglas upgraded its sales forecast, predicting growth of 8.5 percent this fiscal year, up 1.5 percent from its previous outlook. …
US Retail Sales Excluding Autos Rise by Most in Three Months
US retail sales, excluding the impact of a cyberattack on auto dealerships, rose in June by the most in three months, a sign consumers regained …
Richemont Jewellery Sales Solid, Offsetting Drop in China Demand
The Cartier owner reported a sales gain of 1% at constant currencies to €5.3 billion ($5.8 billion). That was in line with analyst forecasts and …
Amazon Prime Day Sales to Hit Record $14 Billion
Shoppers are likely to spend roughly $14 billion during Amazon’s Prime Day two-day shopping event this week, according to projections from Adobe Analytics, a firm …
Aritzia Sales Beat Estimates on New Styles
Aritzia Inc. reported higher-than-expected sales growth as the clothing retailer adds new clothing styles and opens new store locations. The Vancouver-based company reported revenue of …
Uniqlo Owner Lifts Forecast Again as Weak Yen Powers Sales From Tourists
The Japanese operator of fashion giant Uniqlo on Thursday raised its forecast for what would be its third consecutive year of record profits, buoyed by …