Tag: Apparel and Textile Products

GAP Q1 CY2026 Deep Dive: Margin Expansion Amid Channel Shifts and Mixed Brand Performance

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 returns to growth but weighs on Dick’s Sporting Goods as earnings miss

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 beats quarterly profit estimates on strong apparel demand

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 settles proxy battle with founder Chip Wilson, agrees to two board nominees

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. 

Hoka-owner Deckers provides upbeat annual outlook on resilient demand

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 Stock Jumps as Sales Pop With Help From Tax Refunds

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

Richemont shines as demand booms for high-end jewellery

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.

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.