Demand for Richemont’s jewellery brands, including Cartier and Van Cleef, gave the group a boost over the Christmas period against a challenging backdrop for the …
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Sales
US Retail Sales Beat Expectations in December
US retail sales increased more than expected in December as consumers stepped up purchases of motor vehicles and retailers offered discounts, keeping the economy on …
De Beers Cuts Diamond Prices to Revive Sales
De Beers made one of the steepest cuts to its diamond prices in years, as the world’s top producer tries to revive gem sales after …
German Beauty Retailer Douglas Sees Sales Grow to $1.7B in First Quarter
German beauty retailer Douglas said Monday its first quarter sales rose to €1.56 billion ($1.71 billion), up just over 8 percent from the same period …
Neiman Marcus Says Holiday Sales Fell
Neiman Marcus Group says online and in-store holiday sales fell by a low-single-digit percentage versus the prior year, the latest sign that US luxury sales …
Abercrombie & Fitch Lifts Holiday Sales Forecast on Robust Demand
Abercrombie & Fitch on Monday raised its forecast for fourth-quarter and annual net sales, after strong demand for its apparel brands during the key holiday …
Salomon’s XT-6 Sneakers Help ‘Sportstyle’ Division to Sales of $165 Million Through Q3
Salomon Sportstyle — the division responsible for the outdoor brand’s fashion-forward adaptations of its trail running footwear and apparel — generated over $165 million in …
Walgreens Profit Beats Wall Street as Sales Rise Amid Cost Cuts
Walgreens Boots Alliance Inc. reported fiscal first-quarter earnings and sales ahead of Wall Street expectations as its new chief executive slashed the troubled drugstore chain’s …
JD Sports Issues Profit Warning and Blames Weather for Weak Sales
JD Sports Fashion Plc slashed its profit forecast as it blamed unseasonable weather and cautious consumer spending for weak sales during the crucial period leading …
Curbing sales season shopping urges: figure out what you actually need and do that instead | Australian lifestyle
In my mind, the first day of end-of-year sales still equals a frenzied queue outside a department store – even though targeted email campaigns and …
Rolex Fined $100 Million for Thwarting Online Watch Sales
Rolex was fined about $100 million by France’s antitrust agency for pursuing an illegal decade-long crackdown on distributors selling the Swiss firm’s luxury watches online. …
H&M Sales Drop as Consumer Demand for Fast Fashion Wavers
Hennes & Mauritz AB’s revenue fell as consumers pulled back on spending at H&M clothing stores and after the chain closed stores in Russia. Sales …
US Retail Sales Unexpectedly Rise in Solid Start to Holidays
US retail sales unexpectedly rose in November as the holiday shopping season got off to a brisk start amid deep discounting, likely keeping the economy …
Inditex’s Nine-Month Profit Soars 32.5%, Sales Growth Slows Down
Zara owner Inditex said on Wednesday its net profit jumped 32.5 percent jump in February-October, but the fast fashion giant’s sales growth in the nine-month …
Lululemon’s Sales Growth is Slowing Ahead of the Holidays
Lululemon Athletica Inc.’s fourth-quarter revenue guidance trailed Wall Street estimates, a rare miss for the retailer whose performance routinely exceeds investor expectations. Sales growth at …
UK Christmas Sales Are Off to Weak Start on Delayed Spending
UK retail sales were sluggish in November as Black Friday discounts failed to lure droves of shoppers struggling with the burden of the higher cost …
Shiseido ‘Fully Confident’ in Chinese Market Despite Sales Slide
Shiseido has doubled down on its commitment to China, even as it cuts its full-year forecast due to dampened local demand. Sales were down 10 …
Kohl’s Sales Miss Estimates as Shoppers Trim Spending on Non-Essentials
Kohl’s posted a bigger-than-expected drop in quarterly sales on Tuesday as cost-conscious shoppers chose to spend less at its department stores amid still high inflation, …
Bath & Body Works Trims Sales Forecast as Demand Slows Into Holiday Season
Bath & Body Works lowered its annual sales forecast on Thursday on signs of slowing demand ahead of the crucial holiday season, as customers cut …
Burberry Shares Fall 10 Percent As Company Forecasts Lower Full-Year Sales
Burberry will be unable to meet its full-year revenue guidance if softer demand in the global luxury market continues, the British luxury company said Thursday. …