Tag: Apparel and Textile Products

Deckers Outdoor, maker of footwear brands including Hoka, Ugg, and Teva, lowered its revenue outlook for the year, sending its stock lower in after-hours trading despite reporting record revenue for the second quarter.

Hermes said on Thursday that its third-quarter revenue was buoyed by demand for its leather goods in the Americas, Europe and Japan, which helped offset weakness in the Middle East, watches and ready-to-wear.

EssilorLuxottica shares leapt 14 per cent on Wednesday after the Ray-Ban maker reported that strong sales of its traditional eyewear compensated for a slowdown in its smart glasses business.

Adidas on Tuesday reported record third-quarter results and raised its full-year operating profit outlook.

Global sportswear brand Adidas claims Australian label White Fox is trying to trade off its reputation by infringing its distinctive three-stripe trademark. Adidas is suing the online fast-fashion retailer in the Federal Court for selling clothes with a four-stripe design, which it argues is deceptively similar to its classic design.

Levi Strauss on Wednesday increased its profit outlook after it received tariff refunds, but gave less rosy revenue guidance. The denim retailer raised its adjusted earnings per share expectation for the full fiscal year to between $1.54 and $1.56, from a previous range of $1.46 to $1.52.

Uniqlo owner Fast Retailing on Thursday announced a near 32% jump in its annual operating profit, clocking a fifth consecutive record profit as the apparel maker benefited from strong Japanese and overseas demand. 

Lululemon announced Wednesday that Athleta CEO Maggie Gauger is joining the company as president and chief product officer, effective later this month.

Nike’s shares plummeted in premarket trading Friday, falling for a second straight day after it reported falling revenue and plans to lay off staff in 2027. The sportswear giant said Thursday that its fiscal first-quarter revenues were down 4% to $11.2 billion, citing declines in Greater China, which was partially offset by growth in its North America segment.

Armani is poised to kick off formal talks with the three potential investors anointed in the will of Giorgio Armani as it thrashes out a new strategy without the designer who kept an iron grip on the business for fifty years.

H&M posted a bigger-than-expected rise in third-quarter operating profit Thursday, as the Swedish fashion retailer’s cost-control efforts and purchasing improvements drove margins higher.

O κύκλος εργασιών του Ομίλου ανήλθε σε 1.287.009,10 ευρώ για το πρώτο εξάμηνο 2026 και αντίστοιχα 1.244.932,53 ευρώ για το πρώτο εξάμηνο του 2025. Ο κύκλος εργασιών της εταιρείας ανήλθε στο ποσό των 1.261.193,41 ευρώ για το πρώτο εξάμηνο 2026 και αντίστοιχα στο ποσό των 1.205.238,55 ευρώ για το πρώτο εξάμηνο 2025.

On Holding, on Tuesday authorized its first share repurchase programme, ​worth up to $1 billion through the end of 2029

Swiss sportswear brand On has said it will expand into football, signing Kylian Mbappé to spearhead its entry into the sport in a blow to rival Nike, which has sponsored the France star since he was a child.

Hugo Boss supervisory board chair Stephan Sturm is stepping down after little more than a year in the role amid pressure from Mike Ashley’s Frasers Group, which has become the largest shareholder in the German fashion house.

While American Eagle Outfitters’ namesake brand has continued to struggle, its powerhouse label Aerie has become the crown jewel driving growth for the retailer.

Inditex SA’s strong sales growth wasn’t enough to allow the Zara owner to meet operating profit expectations as expenses mounted.

The boss of EssilorLuxottica has overhauled the eyewear group’s senior management after a bitter public clash with its founder’s son and as the company steps up its push into North America.

 Lululemon Athletica Inc. reported second-quarter results that topped earnings expectations but missed on revenue, while issuing another guidance cut that fell drastically short of Wall Street estimates, sending shares tumbling more than 17% in premarket trading Friday.

Victoria’s Secret shares slumped more than 16% in premarket trading Thursday after the company issued a soft third-quarter operating income outlook, overshadowing a second-quarter earnings beat and raised full-year revenue guidance.