Ulta Beauty Inc. trimmed its sales forecast as more US consumers cut back on makeup and cosmetics in the face of higher prices and elevated …
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Amazon Shares Tumble on Slowing Online Sales Growth
Shares of Amazon fell more than 8 percent on Friday after the online retailer reported slowing online sales growth in the second quarter and said …
Ulta Sparks Rout in Beauty Stocks on Warning of Slowing Demand
Ulta Beauty Inc. tumbled the most since March 2020 after executives signalled cooling consumer demand for beauty products, which weighed on the shares of industry …
Hugo Boss’ 2024 Outlook Misses Expectations Amid Slowing Demand
Hugo Boss on Thursday forecast sales and operating profit for 2024 below market expectations and said it 2025 sales target might be slightly delayed, blaming …
Abercrombie Revenue-Growth Forecast Shows Signs of Slowing
Abercrombie & Fitch Co. offered a full-year revenue-growth forecast that would be a slowdown from the prior year, suggesting that the apparel retailer’s momentum might …
Bath & Body Works Projects Downbeat FY Sales, Profit on Slowing Demand
Bath & Body Works forecast annual sales and profit below analysts’ expectations on Thursday as consumers scaled back spending on non-essential items like candles and …
Swiss Watch Exports Slowing After a Record Run
Swiss watch exports hit record levels last year as watchmakers raised prices and shipments of cheaper quartz watches jumped, though the pace of growth tapered …
In China’s Slowing Beauty Market, Big Brand Discounts Won’t Cut It
Expensive beauty hauls are a thing of the past for Evelyn Zhu. The Chinese branding professional says she now only spends on skin care essentials, …
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 …
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 …
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 …
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 …
Unpacking Fashion’s Role in Slowing Global Warming
To subscribe to the BoF Podcast, please follow this link. This week, the United Nations’ Intergovernmental Panel on Climate Change released a new report from …
LVMH Beats Estimates, Blames Tourist Shopping for Slowing US Growth
LVMH’s third quarter revenues rose 20 percent on an organic basis to €19.8 billion ($19.3 billion). The group’s fashion and leather goods division, including profit …
How Luxury Brands Are Slowing the Pace of Fast Fashion
(Image courtesy: Pexels). Aside from purchasing second-hand, buying well-made, high-quality clothing is one way to ensure that you can enjoy the items in your wardrobe …