Several investors expressed concern as Capri Holdings CEO John Idol made an announcement on Tuesday about the detrimental effects of the persistent COVID-19 lockdowns on sales.
In the first quarter of…
Several investors expressed concern as Capri Holdings CEO John Idol made an announcement on Tuesday about the detrimental effects of the persistent COVID-19 lockdowns on sales.
In the first quarter of…
Sir Philip Green’s Arcadia Group has suffered an unprecedented loss of 169 million pounds, as the ailing business narrowly avoided a collapse in June this year.…
Jewellery brand Pandora is teaming up with UNICEF to launch a new global partnership to support the world’s most vulnerable children.…
Tiffany & Co. reported quarterly earnings that easily topped analysts’ expectations, but revenue fell short as protests in Hong Kong disrupted the luxury jeweler’s sales, and tourists spent less …
The RealReal Inc. rose in late trading after the seller of pre-owned luxury goods reported quarterly results for the first time since its public offering.…
Gap Inc. announced that Nancy Green, who currently leads the Athleta brand, will shift in early August to a newly created role as President and Chief Creative Officer of Old Navy.…
DFS Group made “solid progress” in the first half of 2019, particularly in Europe, as majority owner LVMH Moët Hennessy Louis Vuitton announced results for the period.…
LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, announced record sales of 42.6 billion Euros in 2017, up 13% over the previous year, as all divisions turned in strong perf…
Airbnb announced it generated earnings of about $100m in 2017 while bookings grew around 150 percent, in a streak of profitability that marks a contrast with heavily lossmaking peers such as Uber and …
Luxury fashion brand Mulberry saw profits jump due to expansion in Asia, a rise in digital sales, and increased efficiencies, the group reported on Wednesday.…