Tag: Apparel and Textile Products

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. 

Singapore-based fashion retailer Shein has filed confidentially with the Securities and Exchange Commission for an initial public offering, according to The Wall Street Journal.

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.”