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 …
Sees
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 …
South Korean E-Tailer Musinsa Sees Annual Sales Surge 54%
The rapidly growing fashion e-commerce company reported sales of 708.3 billion won (US$545 million) in 2022, a year on year increase of 54 percent. The …
Walmart Sees More Than 2,000 Job Cuts in E-Commerce Warehouses
Walmart Inc will cut more than 2,000 jobs at five US e-commerce warehouses, Bloomberg reported on Monday. The layoffs include more than 1,000 roles at …
Kelsea Ballerini Sees Stars in Bold Sheer Top at CMT Hot 20 Countdown – Fashion News
Kelsea Ballerini and Kane Brown attended the CMT Hot 20 Countdown in Austin on Wednesday. The CMT Awards co-hosts joined the weekly music series to …
Lululemon Sees 2023 Sales, Profit Above Estimates on Steady Demand
Lululemon Athletica Inc forecast annual sales and profit above Wall Street estimates on Tuesday, betting that demand for its pricier yoga wear and athleisure clothing …
Iranian Fashion Industry Sees Sales Decline During Nowruz
The Persian New Year shopping period accounts for a significant share of local retailers’ annual turnover, but this year’s takings are down due to economic …
Tod’s Group Sees Strong Start to 2023
Tod’s chairman and chief executive Diego Della Valle said the Italian luxury group, which owns Tod’s, Roger Vivier, Hogan and Fay, has had a good …
Gap Sees Weak Annual Sales as Inflation-Hit Consumers Rein in Spending
Gap Inc on Thursday forecast full-year sales below Wall Street estimates, signaling a slowdown in demand as inflation-weary consumers curb discretionary spending. Shares of the …
Hugo Boss Sees Slowing Sales in 2023
German fashion house Hugo Boss on Thursday said it expected 2023 sales to grow at a mid-single-digit percentage rate, slower than last year even as …
Shiseido’s Announces New Growth Strategy, Sees Fiscal Year Profits Fall
The beauty company reported on Friday that full-year sales grew by 5.7 percent for the fiscal year ended Dec. 31, to approximately 1.07 trillion yen, …
Banana Boat Maker Still Sees Tight Market for Factory Workers
For a gauge of just how tight the labor market is, look no further than the company that makes Banana Boat sunscreen and Playtex tampons. Edgewell Personal Care …
Britain’s Next Sees Lower Profit in 2023 as Consumer Outlook Darkens
British clothing retailer Next forecast lower profit in its 2023-24 year, reflecting uncertainty over whether consumers would keep spending during a recession and as the …
The 2022 Artycapucines collection sees six new bold designs
The fourth chapter of Louis Vuitton’s limited-edition, artist-designed Artycapucines Collection is further proof of how the iconic bag can inspire unbridled creativity. First introduced in …
Nicky Hilton Sees Stripes in Black & White Turtleneck & Slingbacks – Footwear News
Nicky Hilton was spotted strolling through New York today. The fashion designer dressed in cozy cold weather clothes and chic black footwear. On her travels …
Cucinelli Sees 28% Sales Growth This Year, Strong Demand in 2023
Italian fashion group Brunello Cucinelli on Tuesday raised its sales guidance for 2022 for the third time this year, saying that demand for luxury goods …