IEEPA Tariff Refunds Begin to Hit Importers’ Accounts
Earnings
Lever Style Eyes M&A to Boost Profits in 2024
The Hong Kong-based apparel manufacturer expects softened consumer demand to decrease client orders this…
Dick’s Sporting Goods Is Making Its Stores Bigger as Other Chains Shrink Their Fleets
Dick's focus on larger stores bucks a broader industry trend.
Safilo’s Full-year Net Profit Plummets
Safilo's bottom line was hit by financial charges due to higher interest rates, but its CEO said it looks to…
Williams Sonoma Announces $1B Share Buyback, Shares Hit Record High
The San Francisco-based home retailer's results beat expectations for the year, as it pledged to return…
Denim Specialty Retailers Motivated by Consumers’ Taste for Variety
Abercrombie and American Eagle are diversifying their denim assortments.
Allbirds CEO Joey Zwillinger Steps Down, the Second Top Executive Shift in a Year
Allbirds has elevated chief operating officer Joe Vernachio to the CEO role and has added him to the board of…
American Eagle Outfitters Wants to Be a $6 Billion Business
The retailer topped fourth-quarter expectations and laid out a three-year plan to continue growing by 3 to 5…
Foot Locker Said It Will Take Longer Than Expected to Reach Revenue Targets
Foot Locker now expects to hit certain goals in its Lace-Up plan by 2028.
SpoiledChild, Il Makiage Owner Oddity Beats Q4 Wall Street Forecasts as It Prepares to Launch Two More Beauty Brands
One of the upcoming brands is a medical-grade skin care line tackling issues such as eczema and acne.
Olaplex Saw Sales Slip 35% in 2023, Despite Making Most of the Year’s Bestselling Prestige Hair Products
The hair care brand said it expects sales to be slightly down to flat for 2024.
Higher Prices, Strong Demand Drive Birkenstock to Record Sales in Q1
The company also reported a narrower loss this quarter compared with the previous one.
Bath & Body Works Tops Wall Street Forecasts in Q4 2023, but 2024 Will Be More Challenging
"We are seeing macroeconomic pressures continue," said CEO Gina Rosen.
Wolverine Worldwide 2023 Sales, Profits Meet Guidance Following Transformational Year
Net revenues for the full fiscal year fell 16.5 percent to $2.24 billion versus $2.68 billion in 2022.
Ralph Lauren CEO Patrice Louvet on Winning with Preppy Agility
The CEO attributed the company's strength in the third quarter to its successful balancing act and hinted at…
Tapestry Gains Momentum as Capri Stumbles
The reassurance of Tapestry's Coach brand is seen as a model for how Michael Kors could develop after the…