Estee Lauder Cos Inc posted a higher quarterly profit, as shoppers scooped up face cream and cosmetics during the important holiday selling season, leading the company to raise its expectations for the fiscal year.
Elizabeth Arden Inc posted a bigger-than-expected jump in quarterly profit, aided by strong international sales during the holiday season, and it raised its profit and sales expectations for the fiscal year.
The German fashion group Hugo Boss on Thursday hailed 2010 as "the best year in the group's history" as it posted an 82 percent leap in net profit to 189 million euros ($260 million).Sales were 11 percent higher at 1.
Women's clothing retailer Ann Taylor Stores Corp raised its fourth-quarter revenue view, well above market expectations, on stronger-than-expected sales at both its Ann Taylor and LOFT brands during the holiday selling season.
Wolverine World Wide Inc's fourth-quarter results beat market expectations and the shoe maker forecast a strong 2011 on robust order backlogs and positive customer responses to its new product offerings.
German drugstore owner Erwin Mueller's move to further raise his stake in Douglas comes as no surprise to the fragrance-to-jewellery retailer, its chief executive said in response to statements by Mueller.
Jones Group Inc shares hit their lowest point in nearly 18 months a day after the apparel and footwear company reported weak preliminary holiday quarter results and warned it would struggle with high cotton costs in 2011.
The world's biggest watchmaker Swatch on Wednesday posted record sales of 6.4 billion francs (6.6 billion dollars, 4.95 billion euros) for 2010, and issued a "positive" outlook for this year.The results were up 18.