financial results
Lenzing Gets Back in the Black
The Austrian fiber firm doubled free cash flow in Q1, signaling a turnaround even as revenue fell 10.8…
Les Deux Delivers Double-digit Growth Amid Physical Retail Push
The Danish menswear brand reported a 13 percent full-year revenue growth while investing in offline…
Hermès Shares Drop as Q1 Growth Slows on Pressure From Middle East, Weaker Tourism
Shares fell 8.2 percent even as the U.S. and Japan outperformed against France and the Middle East slowdowns.
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LVMH Stock Rises 3.9% Following First Half Results Release
Bernard Arnault reportedly plans to open another Louis Vuitton factory in Texas and will not sell LVMH's…
H&M Shares Jump on ‘Flattish’ Sales in Q2
The Swedish fashion company blamed bad weather for stagnant sales, but said June is off to a good start…
Here’s How Holiday Revenue Shaped Up for Burberry, Boohoo and Matalan
Revenue reports from Burberry, Boohoo and Matalan paint a picture of how the holiday period shaped up for big…
Pay Raises Coming to Fast Retailing Workers
Employees will see their wages rise by as much as 40 percent starting in March.
On Reports Record-Breaking Sales Sprint
Swiss running brand On reported runaway success in the third quarter with net sales reaching $907.5 million…
Kontoor Revenue Slips 7% in Q3
The Lee and Wrangler parent cited "significant U.S. retailer inventory rebalancing efforts in the quarter."
French Connection Bleeding Cash
While French Connection's wholesale operations outperformed retail, the cash-strapped chain also needs to…
Penney’s Swings to Loss in July—Here’s Why the Timing Couldn’t Be Worse
After a monthly surprise in June, the bankrupt mass merchant is back in the red.
Fashion Can’t Wait to Beat a Hasty Retreat from a Disastrous Covid-Hit Quarter
Quarterly results were among the worst ever seen, leading to a slew of bankruptcies at retail and severe…
Lululemon’s Holiday Forecast Has Wall Street Worried
Besting Wall Street's third quarter estimate wasn't enough for Lululemon as investors wanted a higher growth…
Luxury Shoppers Weren’t Spending in Q3, HBC CEO Says
Hudson's Bay said it saw a pullback in spending by the luxury consumer in the quarter, as markdowns also hurt…
Ascena Trims Costs to Amp Up Q1 Operating Income
Comparable sales at Lane Bryant rose in Q1, while Catherine's, Justice, Ann Taylor and Loft were each down.