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The brand's bottom line felt the pinch of exchange rates and higher expenses.
Company shares closed down 4.7 percent to $48.59 apiece Tuesday as a result.
With the euro and dollar at parity, currency is complicating business, but helping some.
The company looked for potential buyers this year alongside A.L.C., Khaite and others.
The buzzy brand has been rubbing elbows with the investment set and considering some dealmaking.
The job cuts are perhaps the latest sign of conflicting macroeconomic forces.
Shareholders peppered executives on hot topics.
While net income was down 53 percent year-over-year in the June quarter, the company said it remains…
Tom Glaser, 61, has decided to retire as chief operations officer.
The company lowered its guidance following a second-quarter revenue dip.
Overall sales rose 4 percent in Q2, despite a 35 percent dip in Greater China.
The buzzy brand is said to be working with the Rothschild investment bank on a sale process.
Quadrupled fuel charges cut profits in half during the most recent quarter.
A strong performance of the Italian eyewear producer in the first half of 2022 is leading CEO Angelo Trocchia…
The athletic brand anticipates higher promotions as it works to expand its reach beyond pure performance…