Tag: Apparel and Textile Products

Μινέρβα-Fieratex: Μετοχικό ράλι με τον κλάδο σε βαθιά κρίση

Βίαιη ανοδική αντίδραση για τις μετοχές των δύο εισηγμένων παρά τα πολλά «μαύρα σύννεφα» που συγκεντρώθηκαν πάνω από τον κλάδο. Οι εκτιμήσεις για ζημιογόνα αποτελέσματα και οι προσδοκίες.

Lululemon Stock Drops as Guidance Boost Isn’t Enough

Shares of Lululemon Athletica were trading lower after the maker of exercise apparel raised its financial forecasts for the fourth quarter but the earnings guidance at the low end was just shy of analysts’ estimates.

Abercrombie & Fitch lifts holiday sales forecast on robust demand

Abercrombie & Fitch on Monday raised its forecast for fourth-quarter and annual net sales, after strong demand for its apparel brands during the key holiday shopping period.

Nike shares sink after announcing $2bn cost savings plan amid softer demand

Nike lowered its revenue outlook and said it plans to cut $2bn in costs over the next three years as the world’s largest sportswear maker warned of softening consumer demand, particularly in China and Europe.

Inditex Lifts Profitability Outlook After Strong Earnings Growth — Update

The owner of Zara clothing stores lifted its outlook for profitability after earnings increased in the first nine months, though sales growth has slowed in the most recent quarter.

Singapore’s Shein holds talks with LSE on possible listing -Sky News

Fast fashion firm Shein has held talks with the London Stock Exchange about the possibility of a public listing in the United Kingdom, Sky News reported on Monday, citing sources.

Lululemon warns of worse-than-expected profit and sales for holiday quarter

Lululemon Athletica Inc. late Thursday called for lower-than-expected holiday-quarter figures, saying that it has navigated an “uncertain” economy.

Ralph Lauren’s earnings beat estimates but company is cautious on wholesale channel for the rest of fiscal 2024

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. 

Fashion Retail Giant Shein Files for IPO: Report

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 raises outlook after quarterly sales surge 20%

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 Beats Expectations. The Turnaround Is Underway.

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’s earnings beat estimates but company is cautious on wholesale channel for the rest of fiscal 2024

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 climb after boost from Yeezy sales, guidance raise

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

Lululemon’s stock to join S&P 500 index

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 cuts full-year sales forecast again, as inflation takes a toll

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

Βιοκαρπέτ: Στα 8,24 εκατ. ευρώ τα EBITDA το α΄ εξάμηνο

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 shares soar on digital content, apparel partnership with Lululemon

Peloton and Lululemon announced a five-year strategic partnership.

H&M’s quarterly sales stagnate as it feels heat of competition

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.

Μουζάκης: «Στο τραπέζι» η έκδοση μετατρέψιμου ομολογιακού

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 ups guidance after ‘strong’ growth in China boosts quarterly sales

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.