Summer weather, aggressive promotions and tax rebates sent many U.S. consumers shopping in June, giving retailers struggling in the weak economy their strongest month in more than a year. About two-thirds of U.S.
Cosmetics company Estee Lauder Cos. Inc. is seeing U.S. sales beginning to "normalize," Group President John Demsey told Reuters on Tuesday.Estee Lauder, like several other retailers, has battled weak sales in the p...
Swedish cheap'n chic fashion chain H&M announced Wednesday a 31-percent rise in second-quarter net profit to 3.46 billion kronor (368.2 million euros, 500 million dollars) as the group pursues its worldwide expansion.
Cosmetics maker Estee Lauder Cos. Inc. forecast up to 12 percent annual earnings growth over the next three years as it cuts costs and expands overseas and announced a $750 million share buyback on Tuesday.
Fashion retailer Hennes & Mauritz reported better than expected fourth-quarter pretax profits and December sales on Thursday, raised its annual dividend and said it could return more cash to shareholders.