Tag: guidance

Guess sales rally on growth across all segments except Asia, adjusts full-year guidance

Guess Inc. announced on Wednesday sales increased 10% to $732.6 million, on growth across all segments except for the U.S. brand’s Asia region. Guess The Los Angeles-based company said Europe revenues increased 5% during the three months ending August 3, with regional retail comparable sales up 1%, while the firm’s Americas sales gained 8%, despite a 10% [...]read moreGuess sales rally on growth across all segments except Asia, adjusts full-year guidance

Victoria’s Secret names Rihanna exec as its new CEO, upgrades Q2 guidance

Lingerie giant Victoria’s Secret & Co (VS&Co) has named Hillary Super as its new CEO and board member, effective September 9. She succeeds Martin Waters in both roles. Victoria’s Secret Chief financial and administrative officer Timothy (TJ) Johnson will serve as interim CEO until then while Waters will “remain employed as an advisor to the [...]read moreVictoria’s Secret names Rihanna exec as its new CEO, upgrades Q2 guidance

Adidas hikes 2024 earnings guidance after second-quarter beat

By Reuters Published Jul 17, 2024 German sportswear maker Adidas is increasing its full-year earnings guidance after a better than expected second quarter, it said on Tuesday, in its second upgrade this year. Adidas The success of the company’s low-rise multi-coloured Samba and Gazelle sneakers, along with weaker sales at rival Nike had been expected to help [...]read moreAdidas hikes 2024 earnings guidance after second-quarter beat

Hugo Boss cuts full year sales guidance over weaker demand in China, UK

By Reuters Published Jul 16, 2024 German fashion house Hugo Boss on Monday cut its sales guidance for the year to a range of between 4.20 billion euros ($4.58 billion) to 4.35 billion euros over weakening global consumer demand especially in markets like China and the UK. See catwalkBoss – Fall-Winter2023 – 2024 – Womenswear [...]read moreHugo Boss cuts full year sales guidance over weaker demand in China, UK

Cucinelli sales up 14.7% in first half, 2024 sales guidance confirmed

By Reuters Published Jul 11, 2024 Italian luxury group Brunello Cucinelli on Thursday posted a 14.7% increase at constant exchange rates in first half revenues, thanks to double-digit growth in Asia and the Americas, and confirmed its sales outlook for 2024. Second quarter sales rose to 312 million euros ($339 million), compared to analyst expectations [...]read moreCucinelli sales up 14.7% in first half, 2024 sales guidance confirmed

YouTube Provides More Guidance on Rule Violations, Adds Instrumental AI Soundtracks

A big change is coming for YouTube creators, with YouTube now rolling out its new process that will indicate the specific times of violations in your uploads, so that you can address demonetization and restriction concerns. As you can see in this example, soon, creators will be able to get a listing of the exact [...]read moreYouTube Provides More Guidance on Rule Violations, Adds Instrumental AI Soundtracks

YouTube Provides More Guidance on Rule Violations, Adds Instrumental AI Soundtracks

A big change is coming for YouTube creators, with YouTube now rolling out its new process that will indicate the specific times of violations in your uploads, so that you can address demonetization and restriction concerns. As you can see in this example, soon, creators will be able to get a listing of the exact [...]read moreYouTube Provides More Guidance on Rule Violations, Adds Instrumental AI Soundtracks

Amer Sports reports 13% Q1 increase, updates full year guidance

Amer Sports announced on Tuesday that first quarter revenue increased 13% year-over-year, largely driven by growth in the technical apparel segment. Amer Sports reports 13% Q1 increase, updates full year guidance. – Amer Sports The maker of Wilson tennis rackets and Salomon ski boots said revenue reached $1.2 billion as compared to the first quarter [...]read moreAmer Sports reports 13% Q1 increase, updates full year guidance

Expedia Adjusts Full-Year Guidance Amid Slump In Vrbo Bookings

The firm reported total lodging bookings of $21 million for the first quarter across all of its platforms. At Inman Connect Las Vegas, July 30-Aug. 1 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. Vrbo parent company Expedia Group hit its [...]read moreExpedia Adjusts Full-Year Guidance Amid Slump In Vrbo Bookings

HUD issues Fair Housing Act guidance on AI use

The U.S. Department of Housing and Urban Development (HUD) on Thursday announced new guidelines that aim to apply the provisions of the Fair Housing Act to the use of generative artificial intelligence (AI) in the realm of housing. HUD released separate pieces of guidance aimed at applying Fair Housing Act provisions to two key areas [...]read moreHUD issues Fair Housing Act guidance on AI use