Tag: Apparel and Textile Products

Abercrombie & Fitch on Tuesday blew past estimates as it posted a 20% jump in sales thanks to a strong back-to-school shopping season and growth at both its namesake brand and Hollister

Gap Inc. beat expectations in the third quarter, including a smaller-than-estimated drop in same-store sales, marking a strong opening quarter for new CEO Richard Dickson.

Ralph Lauren Corp.’s stock rose about 5% before surrendering those gains to trade down slightly early Wednesday, after the luxury apparel company posted a profit and revenue beat for its fiscal second quarter.

Adidas shares climbed 4% during early trade in Europe on Wednesday.

Lululemon Athletica Inc.’s stock rallied more than 5% in the after-hours session Friday after S&P Dow Jones Indices said the stock will join the S&P 500 index next week.

Levi Strauss cut its full-year sales forecast, citing weak sales of its denim at department stores and big-box retailers.

Ετήσια μείωση του τζίρου κατά 9,99% το α’ εξάμηνο του 2023 κατέγραψε ο Όμιλος Βιοκαρπέτ και μείωση των οικονομικών αποτελεσμάτων ήτοι κέρδη προ φόρων 2,24 εκ. € έναντι κερδών 7,51 εκ. € το Α΄εξάμηνο του 2022, μείωση κατά 70,12% και EBITDA 8,24 εκ.€ έναντι 12,16 εκ.€ το Α΄εξάμηνο του 2022 μείωση κατά 32,20%.

Peloton and Lululemon announced a five-year strategic partnership.

H&M  reported on Friday flat sales for its most recent quarter, lagging expectations as the world’s second-biggest fashion retailer struggled in the face of intense competition from Zara-owner Inditex and others.

Η «κακή νοοτροπία του παρελθόντος» και η αισιοδοξία για τη βιωσιμότητα της εισηγμένης. Στόχος η επιστροφή στην κερδοφορία από το 2024. Τι ειπώθηκε στη γενική συνέλευση.

Lululemon raised its full-year guidance Thursday after reporting an 18% jump in both sales and profit for its fiscal second quarter, boosted by a 61% revenue spike in China.

PVH Corp. shares rose more than 2% in the extended session Tuesday after the parent of Calvin Klein and Tommy Hilfiger brands reported second-quarter earnings and sales above Wall Street expectations, saying it saw solid growth in sales in Asia.

Gap reported mixed results on Thursday and underwhelming current-quarter guidance as the longtime mall retailer saw another quarter of declining sales across all four of its brands.

“This move reflects the Geneva-based brand’s desire to perpetuate the success of Bucherer and preserve the close partnership ties that have linked both companies since 1924,” Rolex said.

Shares of Guess Inc. rallied 14% in the extended session Wednesday after the retailer’s fiscal second-quarter sales topped Wall Street estimates. Guess earned $39 million, or 59 cents a share, in the quarter, compared with $24 million, or 35 cents a share, in the year-ago period.

 Drugmakers Dechra and Hikma along with retailer Marks & Spencer  and technical products provider Diploma are set to join the UK’s blue-chip FTSE 100 index in September, indicative changes announced by FTSE Russell show.

Shares of Abercrombie & Fitch soared in premarket trading, after the retailer crushed Wall Street’s earnings and sales expectations.

Foot Locker’s sales fell 9.9% during its fiscal second quarter, and it attributed the decline to ongoing “consumer softness.”

Dick’s Sporting Goods reported a profit drop and cut its earnings outlook for the year after seeing an uptick in retail theft and slow sales in its outdoor category.

Tapestry which agreed to buy Capri last week, forecast fiscal 2024 profit and sales below estimates and reported lower-than-expected quarterly results on Thursday, as demand for its luxury handbags and accessories slows down in the United States.