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 …
Tag
Showing: 1 - 3 of 3 RESULTS
Weaker
US Footwear Industry Expects Weaker Sales Ahead
The footwear industry, seen as a bellwether for US consumption, is pulling back on hiring and investment amid predictions of a sales slowdown. A survey …
Abercrombie Sees Weaker Sales, Margins as Inflation Bites
Abercrombie & Fitch Co trimmed its full-year sales forecast on Tuesday as record-high inflation hits demand for the retailer’s jeans, tops and dresses, sending its shares …