disappoint Archives

Hugo Boss profit undershoots in Q2 as China and UK both disappoint

August 1, 2024 mpsingh No Comments Business boss, China, disappoint, Hugo, profit, undershoots

Hugo Boss disappointed on Thursday with the German upscale fashion giant reporting Q2 operating profit below market expectations. That followed it cutting its full-year sales and earnings forecasts last month due to consumer demand remaining sluggish. Boss Analysts on average had expected it to make €81.9 million in Q2 earnings before interest and tax (EBIT) [...]read moreHugo Boss profit undershoots in Q2 as China and UK both disappoint

Burberry results disappoint as APAC and Americas struggle, RTW underperforms

May 15, 2024 mpsingh No Comments Business Americas, APAC, Burberry, disappoint, results, RTW, struggle, underperforms

Hopes weren’t exactly high ahead of Burberry’s full-year results announcement on Wednesday and predictions of a disappointing recent performance in China came true. See catwalkBurberry – Spring-Summer2024 – Womenswear – Royaume-Uni – Londres – © Launchmetrics There were few upbeat notes in a tough-to-read release for the 52 weeks to the end of March and [...]read moreBurberry results disappoint as APAC and Americas struggle, RTW underperforms

L’Oreal announces Miu Miu licence, after Asian sales disappoint

February 9, 2024 mpsingh No Comments Business Announces, Asian, disappoint, licence, LOreal, Miu, sales

By Reuters API Published Feb 9, 2024 L’Oreal has signed a licensing agreement with high end fashion label Miu Miu for beauty products, the French cosmetics giant said on Friday. DR “Following the successful collaboration with the Prada brand, Miu Miu is now joining the L’Oréal Luxe division for a new beauty chapter,” the company [...]read moreL’Oreal announces Miu Miu licence, after Asian sales disappoint