Apparel retailer Lululemon Athletica on Thursday forecast annual revenue and profit below expectations, pressured by sluggish demand for the company’s premium athleisure and accessories. Shares …
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Zalando Jumps as Online Fashion Retailer Sees Return to Growth
German online fashion retailer Zalando on Wednesday forecast a return to growth this year and said it was opening up its logistics business to more …
Puma Sees Sneaker Demand Picking Up in Second Half of Year
Puma SE sees demand for sneakers and sports gear picking up in the second half, building on major sporting events like the European soccer championships …
Reese Witherspoon Sees Red in Aquazzura Sandals at SAG Awards 2024 – Fashion News
Reese Witherspoon Sees Red in Aquazzura Sandals at SAG Awards 2024 – Fashion News ad Share This Article
Australian Luxury E-tailer Cettire Sees Revenues Soar
The grey market e-commerce platform is set to launch a direct channel to consumers in China on the back of a 90 percent year-on-year growth …
Pandora Sees ‘Healthy’ Sales So Far This Year
Pandora, the world’s biggest jewellery maker, said on Wednesday its performance since the start of the year has been “healthy” with high single-digit sales growth, …
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 …
Victoria’s Secret Sees Progress Despite Wider-Than-Forecast Loss
Victoria’s Secret & Co. reported a larger-than-expected quarterly loss amid a rise in investment in marketing and technology, but the company said its efforts are …
TJ Maxx Parent Sees Downbeat Holiday Earnings as Higher Costs Weigh
TJX Cos forecast current-quarter profit below Wall Street expectations on Wednesday, signalling that spiralling costs were weighing on the off-price retailer’s margins even as it …
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 …
Hailey Bieber’s Rhode Sees Leadership Shakeup
Melanie Bender, the first CEO of Hailey Bieber’s skin care brand Rhode, has left the company, The Business of Beauty has learned. Bender left Rhode …
Hailey Bieber’s Rhode Sees Leadership Shakeup
Melanie Bender, the first CEO of Hailey Bieber’s skin care brand Rhode, has left the company, The Business of Beauty has learned. Bender left Rhode …
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 …
Primark Owner Sees Bigger Fashion Profit as Inflation Fades
Associated British Foods Plc said profit will rise at Primark as lower raw material and freight costs boost the performance of the low-cost fashion chain. …
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 …
Why Puma Sees a Future in Virtual Products, Despite the NFT Bust
For Puma, embracing the virtual world has been a learning experience. A year ago, during New York Fashion Week, it introduced Black Station, a 3D …
American Eagle Sees Second-Quarter Revenue Above Previous Forecast
American Eagle Outfitters said on Thursday it expects revenue and operating income for the second quarter to be above the prior forecast, sending its shares …
UK’s Frasers Group Sees More Profit Growth This Year
British retailer Frasers Group expects profit to rise between 5 percent and 15 percent this year as its biggest brand, Sports Direct, benefits from a …
Why Coty Sees Its Future in France
Last week, while sharing an update on Coty’s strategy with investors at Paris’ Hôtel du Louvre, chief executive Sue Nabi noted the gathering was happening …
Rent the Runway Sees Rising Workwear Demand, Trims Discounts
Rent the Runway Inc. said demand for workwear has been surging as more subscribers are going to the office more regularly, underpinning stronger-than-expected revenue growth …