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Tag: reports

Interparfums reports an 8% increase in gross margin for the first half of the year

September 10, 2024 No Comments Business , , , , ,

By Reuters Published September 10, 2024 On Tuesday, Interparfums reported an 8% increase in its gross margin for the first half of the year, with tight control over invoicing prices limiting the impact of higher raw material prices. Reuters In the first six months of the year, the French group recorded a gross margin of [...]read moreInterparfums reports an 8% increase in gross margin for the first half of the year

Victoria’s Secret reports Q2 sales decline, raises full-year 2024 outlook

August 29, 2024 No Comments Business , , , , , , ,

Victoria’s Secret & Co. reported net sales of $1.417 billion for the second quarter of 2024, a decrease of 1%. Victoria’s Secret reports Q2 sales decline, raises full year 2024 outlook. – Victoria’s Secret The Reynoldsburg, Ohio-based company said total comparable sales during the quarter ending August 3, decreased 3%, yet the overall results were at [...]read moreVictoria’s Secret reports Q2 sales decline, raises full-year 2024 outlook

Crocs reports another solid performance on strong international, DTC revenues

August 2, 2024 No Comments Business , , , , , , ,

Crocs Inc. announced on Thursday a 3.6 percent lift in sales to $1.1 billion for the second quarter, on the back on surging direct-to-direct (DTC) sales, especially internationally. Crocs The Colorado-based company said DTC revenues grew 8.9 percent, wholesale revenues contracted 1.3 percent for the the three months ending June 30. By brand, Crocs revenues increased 9.7 [...]read moreCrocs reports another solid performance on strong international, DTC revenues

Snapchat Reaches 850 Million Users, Reports Improved Ad Revenue Performance

August 2, 2024 No Comments Social media marketing , , , , , , ,

Snapchat has published its latest performance update, showing increases in both users and revenue, as it continues to drive improved performance for its ad business. Though its costs also continue to rise, and there’s no mention in its report of new products, like an advanced version of its Snap Spectacles glasses. But maybe Snap’s just [...]read moreSnapchat Reaches 850 Million Users, Reports Improved Ad Revenue Performance

LinkedIn Reports Higher Revenue and ‘Record Levels’ of Engagement

August 1, 2024 No Comments Social media marketing , , , , , ,

Microsoft has published its latest performance numbers, which also incorporate LinkedIn data. And guess what? LinkedIn saw “record engagement” once again in the period. As you can see in this overview, LinkedIn revenue rose 10% in the most recent quarter, with solid performance across all business units, while LinkedIn sessions increased 13% with “record engagement”. [...]read moreLinkedIn Reports Higher Revenue and ‘Record Levels’ of Engagement

X Reports New Record High in Usage

July 16, 2024 No Comments Social media marketing , , ,

It was another big weekend for X, with the attempted assassination of former President Donald Trump driving more conversation in the app. Though the specifics, as always, do require some scrutiny. Today, X owner Elon Musk has claimed that the platform reached a new “record high” in usage. ???? usage hit another all-time high yesterday [...]read moreX Reports New Record High in Usage

X Reports New Record High in Usage

July 16, 2024 No Comments Social media marketing , , ,

It was another big weekend for X, with the attempted assassination of former President Donald Trump driving more conversation in the app. Though the specifics, as always, do require some scrutiny. Today, X owner Elon Musk has claimed that the platform reached a new “record high” in usage. ???? usage hit another all-time high yesterday [...]read moreX Reports New Record High in Usage

Burberry preparing to cut hundreds of jobs, Telegraph reports

July 11, 2024 No Comments Business , , , , , ,

By Bloomberg Published Jul 8, 2024 British fashion house Burberry Group Plc is expected to shed hundreds of jobs, mostly in the UK, following a sharp drop in its stock market value, the Telegraph reported. See catwalkBurberry – Fall-Winter2024 – 2025 – Womenswear – Londres – ©Launchmetrics/spotlight Employees were informed during a Zoom meeting in [...]read moreBurberry preparing to cut hundreds of jobs, Telegraph reports

Vince reports Q1 sales drop amid strategic shift

June 19, 2024 No Comments Business , , , , ,

Vince Holdings said on Tuesday sales dropped 7.6% to $59.2 million in the first quarter, as the U.S. fashion firm cut back promotional activity and its off-price business. Vince reports Q1 sales drop amid strategic shift. – Vince The New York-based company said the decline was driven by a 7.5% decrease in Vince brand sales [...]read moreVince reports Q1 sales drop amid strategic shift

CFPB proposal would ban medical debt from credit reports

June 12, 2024 No Comments Real estate , , , , , , , , , , ,

The Consumer Financial Protection Bureau (CFPB) announced Tuesday that it was proposing a rule to remove medical bills from most credit reports. In doing so, this would prevent credit-reporting companies from sharing medical debts with mortgage lenders while prohibiting lenders from making lending decisions based on such information. Additionally, the CFPB said the proposed rule [...]read moreCFPB proposal would ban medical debt from credit reports