Burberry’s revenues were flat excluding currency shifts in the twelve months through March 30, the British luxury brand said Wednesday. Sales dropped 12 percent in …
Sales
Victoria’s Secret Jumps as Sales Decline Moderates
Victoria’s Secret & Co. said sales have improved despite more promotions and tough competition. The lingerie maker said Thursday that its preliminary sales and adjusted …
Fixing Retail’s Sales Floor to C-Suite Pipeline
Chanel Scales spent three years dreaming up window displays for a global fast-fashion retailer’s stores across the Midwest. She hoped her skillful styling of mannequins …
Ferragamo Sales Down 17% in First Quarter
Sales at Italian luxury group Salvatore Ferragamo fell 16.6 percent at constant exchange rates in the first quarter, the company said on Thursday. “Over the quarter, …
Warby Parker’s Sales and Profits Soar in 2024
Warby Parker’s revenue jumped 16 percent year over year to $200 million in the first quarter of the year as other brands in the sector …
Allbirds’ Sales Dip Continues in 2024, Losses Narrow
Allbirds’ revenue dropped 28 percent year over year to $39 million in the first quarter of the year as demand for its sneakers remains weak, …
Puma Returns to Sales Growth in Americas Despite ‘Volatile’ Market
Puma said on Wednesday a return to growth in the Americas helped it meet first-quarter sales forecasts, sending the German sportswear group’s shares 4 percent …
Coty Sales Rise 8%, Led by Prestige Beauty
Shares of the company were up about 3% in aftermarket trading. The CoverGirl parent has been investing heavily in new product launches and collaborations with …
Olaplex Sales Continued Slide in First Quarter
Olaplex’s sales decline isn’t over yet. In its first-quarter results released on May 2, the company reported a 13.1 percent net sales decrease to $98.9 …
Jewellery Brand Pandora Surges as Lab-Grown Diamonds Lift Sales
Pandora A/S rose the most in almost six months after the jewellery brand lifted its revenue guidance for this year, thanks to growing sales of …
Estée Lauder Grows Sales, But Still Hasn’t Solved Its China Problem
After a year of declines, Estée Lauder is looking up. On Wednesday, the Estée Lauder Companies reported a five percent net sales increase to $3.94 …
Mulberry’s Full-Year Sales Fall 4%
Mulberry, the luxury British brand best known for its leather handbags that can cost more than £1,600 ($1,998) each, has reported a 4 percent decline in …
Estée Lauder Tempers Sales View Despite US, China Recovery
Estée Lauder lowered its annual organic sales estimate on persistent softness in Mainland China’s prestige beauty space, even as a demand rebound in the US …
Next Sales Rise as Inflation Pressures Ease, Maintains Forecast
Next Plc said first quarter sales were solid as easing price pressures boost shoppers’ desire to buy clothes and shoes. The British fashion and homewares …
Vinted Moves Into Profit After 61% Sales Rise
The online secondhand fashion seller Vinted has reported a 61 percent rise in sales to almost €600 million, taking the company out of the red …
Unilever Sales Rise More Than Expected, Led by Beauty
The Anglo-Dutch consumer goods group said sales rose 4.4% in the first three months of the year, ahead of analyst expectations of 3.5%. It also …
Hermes Defies Luxury Slowdown With Sales Jump in China
Sales at constant exchange rates jumped 17% to €3.8 billion ($4.1 billion) in the first quarter, Hermes International SCA said Thursday. This was more than …
Sales at Italy’s Moncler Up 16% in First Quarter Boosted by China
Italian fashion group Moncler posted on Wednesday a 16 percent increase in first quarter sales at constant exchange rates, boosted by solid demand in China, a …
Chilean Retailer Falabella Aims to Close Several Major Asset Sales This Year
Falabella SA, Chile’s second-largest retail group by sales, expects to close several more “major” asset sales this year as part of its plan to raise …
Miu Miu Sales Jump 89 Percent, Boosting Prada Group
Miu Miu’s boom continued in the first quarter with retail sales rising 89 percent, owner Prada Group said Wednesday. Its flagship Prada brand grew more …