IEEPA Tariff Refunds Begin to Hit Importers’ Accounts
Earnings
Estée Lauder’s Post-Coronavirus Plan Relies Heavily on E-commerce
"The Lipstick Index has been substituted by the Moisturizer Index."
As Victoria’s Secret Sales Fall 39% In Q2, L Brands Hopes for Early Holiday Start
L Brands has a "cautious outlook about our ability to manage our typical holiday volumes" as social…
Target Posts Blow-out Quarter
Profits surged more than 81 percent during the quarter, with both in-store and digital sales growth.
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Tapestry Loses $652 Million for the Year, But Beats Quarterly Expectations
Meanwhile, turnaround plans continue for the Coach, Kate Spade and Stuart Weitzman parent company.
Revolve Group’s Stock Surges With Earnings Beat
Inventory reductions, executive pay cuts and furloughed associates during the pandemic helped drive higher…
Denim Company Kontoor Brands Reports More Losses During the Pandemic
The Wrangler, Lee and Rock & Republic parent company lost $33 million in the most recent quarter thanks to…
Alicia Keys Partners With E.l.f. for New Beauty Brand
"She's been wanting to do something in beauty and wellness for quite some time."
Revenues Slide 66.5 Percent at Capri, Loss Totals $180 Million
That's on top of the $551 million the retailer lost last quarter.
Shopify Revenue Jumps 97 Percent as E-Commerce Skyrockets
Shopify nearly doubled total revenue in the second quarter as e-commerce shops continue to pop up.
Columbia Sportswear Net Sales Fall 40% in Q2, Marking ‘Steepest’ Decline of the Year
As part of efforts to cut expenses, Columbia expects to close a "small" but undisclosed number of…
Under Armour Sees 41% Revenue Plunge, Warns of Supply Shortage Ahead
Under Armour's chief financial officer David Bergman said the company may not have "adequate supply to meet…
Under Armour Loses Another $183 Million in Quarterly Earnings
That's on top of the $590 million loss reported just a few months ago.
What Crocs’ Q2 Earnings Say About Where Footwear is Heading
While revenues for Crocs declined 7.6 percent to $331.5 million in the second quarter, net income increased…
Coronavirus Impact: Consumer Stockpiling Continues, According to P&G
"We haven't really seen a retreat from the stock up that occurred."
HanesBrands Beats Quarterly Expectations Thanks to PPE Production
The innerwear and activewear company sold $752 million worth of PPE, such as face masks and hospital gowns…