Hermès’s market capitalisation surpassed that of rival LVMH, the conglomerate which once tried to buy the maker of the coveted Birkin bag in a stealth …
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Surpasses
Richemont’s Market Cap Surpasses CHF100 Billion
Swiss luxury conglomerate Richemont’s stock market value surpassed 100 billion Swiss francs ($110 billion) for the first time, bolstered by the appeal of its blockbuster …
E.l.f. Beauty Surpasses $1 Billion in Annual Sales
After 21 consecutive quarters of growth, E.l.f. Beauty has finally hit the $1 billion mark in annual sales. In its fiscal fourth-quarter earnings released Thursday, …
Gap Surpasses Expectations in Early Win for New CEO Dickson
Gap Inc. reported third-quarter profit that exceeded forecasts and a smaller-than-expected drop in comparable sales, showing that chief executive officer Richard Dickson is having early …
On Returns to Profit, Surpasses $1 Billion in Revenue
The fast-growing Swiss running footwear company reported net income of CHF 57.7 million ($62.4 million), up from a loss of CHF 170.2 million in 2021, …