Tag: Apparel and Textile Products

Ralph Lauren beats quarterly revenue estimates on resilient luxury apparel demand

Ralph Lauren (RL.N),  beat ​Wall Street estimates ‌for fourth-quarter revenue on Thursday, helped by ​resilient demand ​for its high-priced Polo ⁠shirts and cotton ​cable-knit jumpers among affluent shoppers, ​sending its shares up about 9% before the bell.

TJX raises annual sales, profit forecasts

TJX ​raised its annual comparable sales and profit ‌forecasts on Wednesday, banking on resilient demand at its off-price retail stores as budget-conscious ​consumers increasingly shop for ​deals amid economic uncertainties.

Swatch’s Royal Pop launch triggers consumer frenzy as resale prices soar

Royal Pop is a collaboration between Swatch and Audemars Piguet
Swatch reports 11 billion social media views since launch
Company says launch chaos affected about 20 of 220 global stores

Burberry stock drops even as Americas and China demand boost turnaround efforts

Burberry’s full-year results marked a “meaningful inflection point,” the company said Thursday, as the luxury group reported sales growth boosted by strong demand from its key Americas and China markets.

Birkenstock Disappoints With Unchanged Target as Tariffs Hit

Birkenstock Holding Plc kept its full-year forecast unchanged, disappointing investors after US tariffs and currency swings weighed on the German sandalmaker’s profit.

On Holding beats first-quarter expectations, sees double-digit growth in China as Nike lags

Swiss sneaker company On saw more strong growth during its first quarter, beating Wall Street’s expectations on the top and bottom lines even as direct-to-consumer revenue fell short of forecasts.

Under Armour sees another weak year as North America struggles, shares slump

Under Armour (UAA.N), forecast another annual ​revenue decline and expects profit well below estimates on Tuesday, as ‌weakness in its key North American market weighs on CEO Kevin Plank’s turnaround efforts.

Μουζάκης: Αυξημένα κέρδη 1,59 εκατ. ευρώ το 2025

Η Εταιρεία Μουζάκης (ΜΟΥΖΚ) προχωρεί στην κάτωθι ανακοίνωση αναφορικά με το σχολιασμό των Ετήσιων Οικονομικών Αποτελεσμάτων της χρήσης 2025, σύμφωνα με την παρ. 4.1.1 του Κανονισμού του Χρηματιστηρίου Αθηνών καθώς και την υπ’ αρ. 25 Απόφαση της Διοικούσας Επιτροπής Χρηματιστηριακών Αγορών του Χρηματιστηρίου Αθηνών.

Lululemon names former Nike exec Heidi O’Neill as new CEO

Lululemon on Wednesday named Heidi O’Neill as the athleisure company’s new CEO, effective Sept. 8.

Kering CEO pledges to double profit margins and revive Gucci brand​

Kering CEO Luca de Meo pledged to more than double the luxury group’s operating profit ​margin and boost the appeal of its flagship brand Gucci as he sought to reassure investors unnerved by economic uncertainty and war in the ‌Middle East.

Levi shares rise as pricey denim sales smooth over tariff hit

Levi Strauss’ (LEVI) shares jumped about 12% on Wednesday as investors cheered its strongest quarterly revenue growth in nearly four years with confidence growing in the denim maker’s ​ability to stave off tariff hits with more full-price sales.

Nike’s turnaround put to test as Middle East conflict poses new risks

Nike’s (NKE)  efforts to steady its business face a fresh setback, with executives cautioning that unrest in the Middle East could further complicate the turnaround, while the sportswear ​giant still struggles to regain traction in China.

Meta unveils two new Ray-Ban prescription smart glasses

Meta Platforms launched two new Ray-Ban prescription smart ​glasses on Tuesday, expanding ‌its offerings in an area that has become one of ​the few breakthrough ​successes in the race for ⁠artificial intelligence-powered gadgets.

H&M shares decline as clothing retailer warns of discounts

Shares in Swedish-headquartered retailer H&M fell as much as 7% on Thursday after the group said it expects to lose more profit to markdowns in the current quarter.

Gap says it will launch checkout within Google’s Gemini, in an AI first from a major fashion company

Gap is partnering with Google’s Gemini to allow shoppers to check out directly within the AI platform, making it the first major fashion company to work directly with the tech company to fuel agentic commerce.

Lululemon reports weak guidance as proxy battle, tariffs weigh on bottom line

Lululemon offered a weak 2026 outlook on Tuesday as tariffs, higher expenses and a dramatic proxy battle with its founder weigh on its bottom line.

Inditex profit rises to €6.2 bln, beats Q4 estimates as spring sales jump

Inditex posted a 6% rise in full-year net income to €6.2 billion on Wednesday, beat fourth-quarter profit expectations and said spring trading accelerated to 9% growth in constant currency, sending shares in the Zara owner up more than 2%.

Historic winter storms weigh on Gap, Old Navy performance after 800 temporary store closures

Historic winter storms and subsequent store closures weighed on Gap’s performance during its holiday quarter and contributed to worse-than-expected results at its portfolio of brands, the retailer said Thursday.

TJX earnings beat estimates but guidance disappoints

The TJX Companies Inc. (TJX) reported fourth quarter results that exceeded Wall Street expectations, though shares edged lower as investors weighed the company’s outlook for the coming year.

Saks Global CEO Says Top Brands Are Shipping Despite Bankruptcy

Saks Global Enterprises said hundreds of brands, including Burberry and those owned by luxury powerhouses LVMH and Kering, have either resumed or continued shipping to the troubled retailer as it tries to emerge from bankruptcy.