Tag: Apparel and Textile Products

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.

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

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 (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.

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

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 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 (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 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.

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 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 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 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 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.

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 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.

EssilorLuxottica’s more than tripled its Meta artificial intelligence glasses sales last year, the Ray-Ban maker said on Wednesday in its fourth-quarter results.