Tag: Apparel and Textile Products

Ralph Lauren’s quarterly results beat estimates on steady demand

Ralph Lauren surpassed fourth-quarter revenue and profit estimates on Thursday, helped by resilient demand for its classic Polo shirts and spring dresses, sending its shares up 3% in premarket trading.

Nike set to raise prices next week, plans to sell on Amazon again

Nike (NKE.N), is planning to raise prices of some products from next week and will sell items on Amazon (AMZN.O), after six years, the company said on Wednesday.

VF Corp misses quarterly revenue estimates as tariff uncertainty hits demand

Apparel and footwear maker VF Corp on Wednesday missed fourth-quarter revenue estimates as a challenging macroeconomic environment dampened its consumer demand, sending its shares down about 11% in premarket trading.

Off-price retailer TJX keeps annual forecasts unchanged but beats sales estimate

TJX Cos maintained annual forecasts and beat Wall Street expectations for first-quarter sales on Wednesday, as shoppers looking for deals to save money in the face of growing economic uncertainties flocked to the stores of the off-price retailer.

Canada Goose beats estimates, pulls full-year guidance on ‘macroeconomic uncertainty’

Shares of Canada Goose rose around 8% on Wednesday after the company reported fiscal fourth-quarter earnings that beat analysts’ estimates, though the company pulled its fiscal year 2026 outlook due to “macroeconomic uncertainty.”

Burberry to cut about 20% of global workforce in turnaround drive

Burberry (BRBY.L), plans to shed 1,700 jobs or around a fifth of its global workforce, it said on Wednesday, as the British luxury brand cuts costs to revive its performance, sending its shares up 8%.

Under Armour’s stock gains as upbeat outlook shows turnaround gaining ‘traction’

Under Armour Inc.’s stock rose 2% in premarket trading on Tuesday after the sports-clothing giant’s fiscal first-quarter outlook topped Wall Street estimates, with its chief executive saying the company’s turnaround efforts are bearing fruit.

Hugo Boss warns U.S. tariffs, immigration uncertainty dampening domestic and tourist spend

Hugo Boss on Tuesday pointed to deteriorating U.S. consumer confidence, with uncertainty around tariffs, recession risks and immigration policy dampening both domestic and tourist spend in its largest single market.

Adidas warns it will raise prices on all U.S. products due to tariffs

Sportswear giant Adidas on Tuesday said that U.S. President Donald Trump’s tariffs would result in price hikes for all its U.S. products.

Moncler’s first-quarter revenue beats expectations as Asian demand holds up

Italian luxury outerwear group Moncler (MONC.MI),  on Wednesday reported a stronger than expected 1% increase in revenue in the first quarter thanks mostly to direct-to-consumer sales and Asian demand.

Hermès to hike U.S. prices for iconic bags and scarves in response to Trump tariffs

French luxury group Hermès will raise its U.S. prices from the start of May in order to offset the impact of President Donald Trump’s tariffs, the company’s finance chief said Thursday.

Στην Fourlis τα Foot Locker σε Ελλάδα-Ρουμανία

Η εξαγορά περιλαμβάνει τη μεταβίβαση έξι υφιστάμενων καταστημάτων της Foot Locker -τριών στην Ελλάδα και τριών στη Ρουμανία- και το ηλεκτρονικό κατάστημα στην Ελλάδα.

Αύξηση πωλήσεων και μείωση EBITDA για τη Μουζάκης το 2024

Αύξηση στις πωλήσεις με συρρίκνωση σε EBITDA και κέρδη σημείωσε η Μουζάκης για το σύνολο της περυσινής χρονιάς. 

Levi Strauss maintains annual forecast, shares surge more than 7%

Levi Strauss (LEVI.N),  maintained on Monday its annual forecast for sales and profit, excluding the impact of tariffs, and posted quarterly profit ahead of Wall Street targets, sending its shares up more than 7% in after hours trade.

Sneaker and apparel retailers blindsided by tariffs on Asian factory hubs

Prices of Nike Jordan and Adidas Samba sneakers are likely to rise in the U.S. after President Donald Trump imposed a raft of new tariffs on Vietnam, China, and Indonesia, key manufacturers of sportswear and apparel.

Calvin Klein Owner PVH Sees Sales Slump Ending in 2025

PVH Corp. (PVH), the owner of the Calvin Klein and Tommy Hilfiger brands, is expecting sales growth to be flat or slightly positive this year, outpacing analysts’ expectations.

Lululemon shares drop more than 10% as CEO says inflation, economic concerns are weighing on spending

Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts.

H&M Earnings Miss Forecasts on Higher Discounts and Costs

Swedish fast-fashion retailer Hennes & Mauritz posted lower-than-expected earnings as increased discounting, investments and a negative effect from factors like currencies and freight costs all hit profitability.

Next’s Shares Jump on Guidance Upgrade Against Tough Sector Backdrop

Shares in Next soared after the company lifted its expectations for fiscal 2026 amid a challenging landscape for the retail sector.

Nike forecasts fourth-quarter revenue below estimates, shares drop

Nike on Thursday forecast a steeper drop in fourth-quarter revenue than analysts had expected, striking a cautious tone as it works to rekindle interest among consumers who have defected to trendier rivals.