Tag: reports

Clarence Thomas Reports Additional Trips With Developer Harlan Crow

The trips were to the Indonesian island of Bali and the secretive, all-male club known as Bohemian Grove in Northern California 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. Supreme Court Justice [...]read moreClarence Thomas Reports Additional Trips With Developer Harlan Crow

PVH reports 10% revenue decline in Q1, announces leadership changes

PVH Corp. announced on Tuesday a 10% drop in revenues to $1.952 billion for the first quarter, held back by a sluggish wholesale segment.  PVH reports 10% revenue decline in Q1, announces leadership changes. – Tommy Hilfiger The New York-based company said Tommy Hilfiger revenue decreased 10% compared to the prior year period, due to a 14% drop [...]read morePVH reports 10% revenue decline in Q1, announces leadership changes

Victoria’s Secret reports Q1 sales decline, comps dive 5%

Victoria’s Secret & Co. reported net sales of $1.359 billion for the first quarter of 2024, a decrease of 3%, on the back of a sales decline in its comparable sales for the three months. Victoria’s Secret reports Q1 sales decline, comps dive 5%. – Victoria’s Secret The Reynoldsburg, Ohio-based company said total comparable sales during [...]read moreVictoria’s Secret reports Q1 sales decline, comps dive 5%

G-III Apparel reports strong Q1 earnings, announces partnership with AWWG for Iberian region

G-III Apparel announced on Thursday net sales for the first quarter of fiscal 2025, ended April 30, were $609.7 million compared to $606.6 million in the prior year’s quarter. G-III Apparel reports strong Q1 2025 earnings, announces strategic partnership. – G-III Apparel The New York-based company reported net income for the first quarter of $5.8 [...]read moreG-III Apparel reports strong Q1 earnings, announces partnership with AWWG for Iberian region

Capri reports 8.4% revenue decline in Q4 amid global softening demand for luxury fashion

Capri Holdings announced on Wednesday revenues fell 8.4% to $1.223 billion for the fourth quarter, on the back of declining retail sales in the mid-single-digits.   Capri reports 8.4% revenue decline in Q4 amid global softening demand for luxury fashion. – Michael Kors The owner of Michael Kors, Versace and Jimmy Choo brands said total [...]read moreCapri reports 8.4% revenue decline in Q4 amid global softening demand for luxury fashion

Germany’s Douglas reports loss in quarter due to IPO costs

By Reuters Published May 29, 2024 German perfume and cosmetics retailer Douglas reported a net loss in the second quarter, affected by expenses linked to its IPO, the company said on Wednesday. The company reported a net loss of 41.3 million euros ($44.84 million), still a 2% improvement from a year ago but overshadowed by [...]read moreGermany’s Douglas reports loss in quarter due to IPO costs

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

Dolce & Gabbana’s Marbella residential project reports initial sales of €250 million

By EFE Translated by Roberta HERRERA Published May 10, 2024 The first European residential project by the fashion house, Dolce & Gabbana’s Design Hills in Marbella, has successfully sold several units, with initial sales amounting to €250 million, as announced by the Marbella-based developer Sierra Blanca Estates, Dolce & Gabbana’s collaborative partner in this venture. [...]read moreDolce & Gabbana’s Marbella residential project reports initial sales of €250 million

Wolverine reports 34% Q1 sales fall, appoints new CFO

Wolverine World Wide announced on Wednesday revenue fell 34.1% to $394.9 million for the first quarter ended March 30, 2024, after downsizing its business throughout 2023. Wolverine reports 34% Q1 sales fall, appoints new CFO. – Saucony The Rockford, Michigan-based footwear and apparel firm said international revenue fell 31.5% to $178.5 million, while direct-to-consumer sales [...]read moreWolverine reports 34% Q1 sales fall, appoints new CFO

Reddit Reports Increases in Users and Revenue in Q1

Reddit has reported its first quarterly performance update as a publicly listed company, with the platform seeing a solid rise in daily active users, and a 48% year-over-year increase in revenue. First off, on users. Reddit is now up to an all-time high of 82.7 million daily actives, up 37% year-over-year. As you can see [...]read moreReddit Reports Increases in Users and Revenue in Q1