JD.com Inc. posted a stronger-than-expected 1.7 percent rise in quarterly revenue, after heavy promotional spending propelled online transactions in the face of intense competition. Revenue …
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Sales
Roger Federer-Backed Shoemaker On Sees Sales Surge
Swiss shoemaker On Holding AG reported earnings that topped estimates amid fast growth in US sneaker sales. The Roger Federer-backed company posted third-quarter earnings growth …
Richemont Says Yoox Net-a-Porter Lost $137 Million In First Half As Sales Fell 10%
Richemont reported a six-month operating loss of €0.7 million in its “discontinued operations” unit comprising Yoox Net-a-Porter (YNAP), citing continued losses at the e-commerce group …
Pandora Raises Sales Forecast After Q3 Profit Beat
Danish jewellery maker Pandora reported a smaller than expected drop in third-quarter profit on Wednesday as more shoppers came to its stores, and raised its …
Coach Handbag Maker Tapestry Cuts 2024 Sales View on Slowing Demand
Tapestry, which agreed to buy rival Capri in August, cut its annual sales forecast and missed the estimates for first quarter on Thursday, taking a …
Allbirds Sees Continued Drops in Sales, Profits
Allbirds sales and profits have slipped amid its ongoing plan to streamline its business. The sneaker seller’s sales dropped 21 percent year over year in …
De Beers Diamond Sales Slump
De Beers sold the least diamonds since halting sales altogether during the height of the global pandemic, as the industry struggles with weak demand and …
Ralph Lauren Beats Sales Estimates on Steady Demand
Ralph Lauren beat Wall Street estimates for quarterly revenue on Wednesday as its younger, more affluent customer base continued to snap up its pricey shirts …
Olaplex’s Sales Continue to Plunge
The bond building leader reported a 30 percent decline in net sales in the third quarter ending Sept. 30. The company’s specialty retail channel was …
Coty Raises Annual Core Sales Outlook As Fragrances, Cosmetics Drive Demand
Coty on Tuesday raised its annual core sales forecast on the back of higher pricing and strong demand from customers who snapped up the CoverGirl parent’s …
Watches of Switzerland Group Plc Says It Will Double Sales by 2028
Watches of Switzerland Group Plc expects to more than double sales and profits by 2028 in a bullish projection for a company whose market value …
Hugo Boss Sees Strong Sales Despite Slowing Consumer Demand
Hugo Boss AG reported sales that beat analysts’ estimates as the German clothing maker’s turnaround bears fruit. Revenue rose 15 percent at constant exchange rates …
Moncler Quarterly Sales Up 7 Percent in Line With Analyst Expectations
Sales at Italian luxury group Moncler rose 7 percent at constant exchange rates in the third quarter, in line with analyst expectations, thanks to growth …
Canada Goose Cuts Sales Forecast on Rocky China Recovery, Appoints New CFO
Canada Goose Holdings cut its annual sales forecast on Wednesday, in a sign that a sharp rebound in China was starting to falter and sales …
E.l.f. Beauty Raises Outlook After Sales Surged 76 Percent Last Quarter
E.l.f. Beauty’s appeal with young and price-conscious consumers shows no signs of abating. The cosmetics brand on Wednesday reported sales in its fiscal second quarter …
Next Raises Guidance Again on Strong Third Quarter Sales
Next Plc, the British clothing and homeware chain, raised profit guidance for the fourth time in recent months after sales in its third quarter grew …
Prada Reports 3Q Retail Sales Up 10 Percent
Prada Group’s revenues rose 17 percent excluding currency shifts to €3.3 billion in the first nine months of the year, the Milanese fashion company said …
Alibaba Banks on Aggressive Singles Day Pricing to Recoup Sales Mojo
China’s Alibaba is pressuring merchants to offer rock-bottom prices on its marketplaces in this year’s Singles Day extravaganza, three industry sources said, as the e-commerce …
Ferragamo’s Sales Decline in First Half
Sales at Italian luxury goods group Salvatore Ferragamo declined by 7.2 percent at constant currencies in the first half, hit by double-digit drops in both …
Beiersdorf Hikes Organic Sales Aim on Demand for Nivea, Sunscreen
Beiersdorf on Thursday raised its annual forecast for organic sales a second time this year, after its core brand Nivea and high sunscreen demand drove …