E.L.F. Beauty announced on Wednesday sales for the fiscal year surged by double digits, primarily driven by strength in the beauty chain's national and international retailers, especially in the fourth quarter.
JD Sports Fashion announced on Wednesday that Peter Cowgill — its executive chairman and the man who has led it for years to its current massive size and market-leading position — is to step down.
Steve Rowe delivered his last set of M&S results on Wednesday with the M&S veteran now stepping down as CEO of the business he’s led through its latest turnaround.
Caleres announced on Tuesday first quarter sales increased by more than 15%, as the U.S. footwear group recorded its best-ever first quarter performance for sales, gross profit margins and earnings.
Experience Store, the company in charge of managing the American brand's points-of-sale in Spain and Portugal for over a decade, filed for bankruptcy protection at the end of last year.
Urban Outfitters announced on Tuesday net sales for the first quarter increased 13%, on the back of double-digit growth in retail comparable sales, with inflation and operational costs weighing down company profits.
Nordstrom Inc raised its annual profit and revenue forecasts on Tuesday as the upscale retailer counts on demand from affluent consumers to help it overcome decades-high inflation.
French cosmetics group L'Oreal is not so far seeing any impact from inflation on purchases of beauty products, its chief executive told Reuters on Tuesday.
Ralph Lauren Corp forecast full-year revenue above estimates on Tuesday, as demand for its affordable luxury goods from the affluent in the United States and Europe stays strong.
Abercrombie & Fitch Co on Tuesday cut its annual forecasts for sales and margins after posting a surprise quarterly loss amid a surge in freight and raw material costs, sending its shares down 30% in premarket trade.
Luxury giant Chanel on Tuesday reported 2021 revenues that surged 49.6% year-on-year to $15.6 billion. And it's confident it will deliver another year of solid growth in 2022.
BNPL may be booming but a troubled global economy is still presenting challenges to operators in the segment and news has emerged that one of the biggest operators, Klarna, is cutting 10% of its workforce.
Major global brands will “continue betting on physical retail to drive sales in resilient destination cities”, a Savills report says. And it named New York, Paris and London as “the most attractive cities for retailers”.
American apparel and accessories brand True Religion announced on Monday an exclusive licensing agreement with Concept One Accessories and Capelli/Ballet, divisions of GMA Group.
Snap Inc expects to miss its quarterly revenue targets, the company said in a filing on Monday, and will slow hiring for this year, Chief Executive Evan Spiegel told employees.
