French fashion designer Kering SA slumped to a seven-year low on worries about demand in China, with the Gucci brand owner among the worst-hit stocks …
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Slumps
Shiseido Sales Drop 4% As US Business Slumps
Shiseido’s net sales decreased 4 percent to $1.7 billion in the second quarter, the Japanese beauty conglomerate announced Wednesday. Core operating profit for the first half …
Mercado Libre Slumps Most in Two Years on Profit Shortfall
Mercado Libre Inc., the Latin American e-commerce and payments giant, fell the most in nearly two years after posting fourth-quarter earnings that fell short of …
Birkenstock Slumps as Forecast Disappoints Some Investors
Birkenstock Holding Plc fell after its growth targets failed to satisfy traders who were hoping for more from the German sandal maker. The stock slid …
Adidas Slumps After Ye Warning
Adidas AG’s tearing stock rally had left analyst targets in the dust. A falling out with rapper Ye is bringing it back to the ground. …
Under Armour Cuts Annual Forecasts as Sportswear Demand Slumps
Under Armour Inc cut its annual revenue and profit forecasts on Thursday, as the sporting goods company contends with weakening demand from consumers ahead of …