Latest in Financial
Ralph Lauren Sales Rise, But Currency, Expenses Hit Profits
The brand's bottom line felt the pinch of exchange rates and higher expenses.
Inflation and Supply Chain Disruptions Cut Into Capri Holdings’ Quarterly Profits
Company shares closed down 4.7 percent to $48.59 apiece Tuesday as a result.
Fashion’s Currency Give and Take
With the euro and dollar at parity, currency is complicating business, but helping some.
Proenza Schouler Tested Buyout Market
The company looked for potential buyers this year alongside A.L.C., Khaite and others.
Khaite ‘Evaluating Investment Options,’ Looks to Next Stage
The buzzy brand has been rubbing elbows with the investment set and considering some dealmaking.
Walmart Lays Off 200 Employees
The job cuts are perhaps the latest sign of conflicting macroeconomic forces.
LVMH, China and Exotic Skins in Focus at Ralph Lauren Annual Meeting
Shareholders peppered executives on hot topics.
Alibaba Revenue Growth Flatlines, Impacted by Lockdown Disruptions
While net income was down 53 percent year-over-year in the June quarter, the company said it remains…
Tapestry CFO Scott Roe Adds Chief Operating Officer Role
Tom Glaser, 61, has decided to retire as chief operations officer.
Zalando Charts Return to Growth, Denies U.S. Expansion
The company lowered its guidance following a second-quarter revenue dip.
‘Severe Challenges’ in China Cast Shadow on Adidas Results
Overall sales rose 4 percent in Q2, despite a 35 percent dip in Greater China.
A.L.C. Said Seeking Buyer, Tests Tough Market
The buzzy brand is said to be working with the Rothschild investment bank on a sale process.
Revolve Is Latest Retailer Hit by Inflation, Despite Increased Sales
Quadrupled fuel charges cut profits in half during the most recent quarter.
Safilo Eyeing Sales of 1B Euros in 2022 Ahead of 2024 Business Plan
A strong performance of the Italian eyewear producer in the first half of 2022 is leading CEO Angelo Trocchia…
Under Armour Cuts Outlook as Costs and Cancellations Rise
The athletic brand anticipates higher promotions as it works to expand its reach beyond pure performance…