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Guess Inc. announced on Wednesday said revenues grew 9% to $891.1 million for the fourth quarter, with the U.S. fashion firm clocking a single-digit uptick in sales for the full-year. Guess…
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By Reuters Published Mar 20, 2024 Nike is projected to post its first quarterly revenue decline in nearly two years on Thursday, turning the spotlight on the slower-than-expected boost from…
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Bargain hounds looking to get their hands on a vintage Birkin, Chanel Classic Flap bag, a Tom Ford Mombasa bag, or a Dior Saddle bag were undoubtedly thrilled to add…
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By AFP Translated by Nicola Mira Published Mar 20, 2024 French fashion retailer Naf Naf‘s redundancy plan, introduced in October 2023 and relating to more than 100 jobs, was cancelled…
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Translated by Nicola Mira Published Mar 20, 2024 After The Body Shop UK went into administration on February 13, the British cosmetics brand’s French subsidiary filed for suspension of payments…
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By Reuters API Published Mar 14, 2024 Italian luxury group Brunello Cucinelli said on Thursday its operating profit rose 39.4% last year and it confirmed its expectations for sales growth…
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Ulta Beauty on Thursday forecast full-year profit below Wall Street estimates after elevated supply chain costs and increased promotions hurt margins, sending its shares down 4.5% in extended trading. Ulta…
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Translated by Roberta HERRERA Published Mar 15, 2024 There seems to be nothing stopping The Independents, which now boasts 11 companies under its belt. The consortium of creative agencies, experts…
Read MoreBy Bloomberg Published Mar 20, 2024 Gucci is being ghosted. Parent Kering SA warned on Tuesday that its first-quarter sales, excluding currency movements and mergers and acquisitions, would decline by…
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Harvey Nichols is the latest retailer to announce job cuts in a further sign that the bleak UK retail sector is hurting luxury as much as other price points. Harvey…
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