Tag: Apparel and Textile Products

 Burberry (BRBY.L), said ‌conflict in the Middle East was hurting tourist spending in Europe, sending the British luxury brand’s shares down more than 6% on Friday even though sales in its April-June quarter were strong in the U.S. and China.

London-listed Watches of Switzerland Group (WOSG.L), has held talks in recent months over potential offers to ​take the luxury watch retailer private, said three people close ‌to the matter.

The Japanese owner of clothing brand Uniqlo raised its annual profit forecast on Thursday on strong global sales ‌but warned about the impact of the weak yen at home and heatwaves in Europe.

Levi Strauss beat Wall Street’s quarterly expectations on the top and bottom lines on Wednesday, leading the retailer to increase its guidance and its dividend.

German fashion brand Hugo Boss on Thursday urged shareholders not to accept a €2 ‌billion ($2.3 billion) takeover offer from Britain’s Frasers Group, saying it was “financially inadequate”.

A Chinese smart-glasses maker founded by an Apple veteran has become a unicorn after a funding round with investors including Meituan and Tencent.

Nike on Tuesday posted quarterly earnings and revenue that topped Wall Street expectations, despite another sales decline in its key China market.

Hugo Boss shares popped around 8% Thursday after its biggest shareholder, Frasers Group announced a 2-billion-euro takeover offer for the German fashion company.

Lululemon’s troubles are far from over. The athletic apparel retailer lowered its full-year guidance and issued a weak current-quarter outlook on Thursday as interim CEO Meghan Frank blamed “negative commentary in the media” and recent product launches that failed to wow shoppers.

PVH Corp came under heavy selling pressure in premarket trading on Thursday, with shares dropping around 22% after investors focused on a more cautious full-year outlook despite a solid first-quarter performance that met or exceeded market expectations.

Zara owner Inditex reported a strong start to summer ‌trading on Wednesday as currency-adjusted sales grew 11.5% in May, handily beating analyst expectations, even as Iran war inflation worries dent consumer confidence.

Shoppers may be feeling gloomy about high prices at the pump, but they’re still shelling out for new bras and underwear at Victoria’s Secret

American Eagle’s two key brands are moving in different directions.

Clothing and accessories retailer Gap missed Wall Street’s revenue expectations in Q1 CY2026, with sales flat year on year at $3.50 billion. Its non-GAAP profit of $0.38 per share was in line with analysts’ consensus estimates.

Foot Locker is slowly getting back to growth, but the costly turnaround of the legacy sneaker store is still weighing on the bottom line of its parent, Dick’s Sporting Goods, as the company posted an earnings miss on Wednesday.

Abercrombie & Fitch beat quarterly profit estimates, ​helped by demand in the U.S., ‌but flagged some weakness in its Europe, the Middle East and Africa segment due to the ongoing conflict ​with Iran.

Lululemon is ending its feud with founder Chip Wilson.  The athletic apparel company entered into an agreement with Wilson on Wednesday that ended a messy proxy contest the founder started late last year as its largest individual shareholder. 

Deckers Outdoor (DECK.N), forecast annual sales and profit above Wall Street estimates on ​Thursday, banking on resilient demand for its ‌UGG boots and Hoka running shoes

Ross Stores, the discount apparel and home accessories retailer, reported first-quarter sales and earnings that sailed over Wall Street’s expectations.

Richemont defied a broader luxury slowdown as demand for the Swiss luxury group’s high-end jewellery helped it shrug off a sales hit in the Middle East and outpace rivals including LVMH and Kering.