tepid Archives

Lululemon cuts annual forecasts on tepid US demand, slower product refresh

August 30, 2024 mpsingh No Comments Business Annual, cuts, demand, forecasts, Lululemon, product, refresh, slower, tepid

By Reuters Published Aug 30, 2024 Lululemon Athletica cut its annual sales and profit forecasts on Thursday, as demand for its pricey leggings and tank tops slowed in North America amid selective consumer spending. Lululemon Its shares swung between heavy losses and gains to settle 5% higher after the bell as the athleisure wear maker’s [...]read moreLululemon cuts annual forecasts on tepid US demand, slower product refresh

Bath & Body Works cuts annual sales forecast on tepid demand

August 29, 2024 mpsingh No Comments Business Annual, Bath, Body, cuts, demand, forecast, sales, tepid, works

By Reuters Published Aug 29, 2024 Bath & Body Works cut its annual sales forecast on Wednesday, a sign of weaker demand for its pricey products such as fragrances and scented candles in the face of still-high inflation. Facebook Bath & Body Works Consumers, grappling with rising costs of living, are still cautious on spending [...]read moreBath & Body Works cuts annual sales forecast on tepid demand

Coach parent Tapestry cuts sales forecast on tepid demand in US, China

May 10, 2024 mpsingh No Comments Business China, Coach, cuts, demand, forecast, Parent, sales, Tapestry, tepid

Coach handbag maker Tapestry cut its annual sales forecast and missed third-quarter revenue estimates on Thursday, signaling weak demand for its tote bags and accessories in North America and China. See catwalkCoach – Spring-Summer2024 – Womenswear – Etats-Unis – New York – © Launchmetrics Shares of the Kate Spade owner fell 2% as the company [...]read moreCoach parent Tapestry cuts sales forecast on tepid demand in US, China