Tag: Retail – Discretionary

Macy’s Settles Its Proxy Fight. What Happens Now.

Arkhouse Management ended its proxy contest against Macy’s after the department store agreed to appoint two of the investment firm’s director nominees to its board.

Βασίλης Φουρλής (Fourlis): Μέχρι το τέλος του χρόνου η πώληση του 13% με 14% της Trade Estates

Μέχρι τέλος του έτους αναμένεται να προχωρήσει ο όμιλος Fourlis στη διάθεση περίπου 13% με 14% των μετοχών που κατέχει στην Trade Estates, ώστε να μειωθεί το ποσοστό του σε κάτω του 50%.

Φουρλής: Διπλασιασμός περιθωρίων κέρδους στη λιανική έως το 2027

Αύξηση της αποτελεσματικότητας των λιανικών concept που αναπτύσσει αναμένει για την προσεχή τριετία ο όμιλος. Η εικόνα του 2023 και οι προβολές για τζίρο 600 εκατ. ευρώ το 2024. Οι νέες επενδύσεις και το πλάνο επέκτασης.

Alibaba’s Jack Ma steps out from the shadows with morale-boosting post

Alibaba co-founder Jack Ma has penned a lengthy memo to employees that expresses support for the internet giant’s restructuring efforts, a rare move from the billionaire after spending the last few years out of the spotlight.

Φουρλής: Αύξηση 10% στις πωλήσεις το 2023 – Καθαρά κέρδη 19,2 εκατ.

Αύξηση πωλήσεων, κεδρών και λειτουργική αποτελεσματικότητα σημείωσε ο όμιλος Φουρλής το 2023.

Quest: Πωλήσεις €1,2 δισ. το 2023, άνοδος 8% στα καθαρά κέρδη

Αύξηση 16% στις πωλήσεις ανακοίνωσε μεταξύ άλλων η Quest. Στα 83,3 εκατ. ευρώ διαμορφώθηκαν τα EBITDA, ενισχυμένα κατά 15,7%. Πώς κινήθηκαν οι θυγατρικές. Οι προοπτικές.

RH jumps as ‘exceptional’ demand for new collections offsets weak Q4 results

RH posted Wednesday fourth-quarter results that fell short of Wall Street estimates, as adverse weather and shipping delays weighed on performance during the quarter, though the home furnishing company noted “exceptional” demand for its new catalogue of products.

GameStop Stock Plunges on Big Earnings Miss. Software Sales Are Falling.

GameStop shares were trading sharply lower late Tuesday after the videogame retailer reported weaker-than-expected revenue for its latest quarter.

LVMH veteran to leave role as deputy to CEO Bernard Arnault

Antonio Belloni is to step down from his LVMH management role as deputy to billionaire chief executive Bernard Arnault, amid a wider reshuffle of the French luxury company’s top ranks.

Ulta Beauty beats on top and bottom lines in Q4, revises full-year guidance

Ulta Beauty reported better-than-expected earnings and revenue for the fiscal Q4 2023 and revised guidance for the full-year operating margin and capital expenditure.

Kohl’s Stock Rises. It’s More Than Just an Earnings Beat.

Shares of Kohl’s were trading higher after the retailer topped quarterly earnings estimates and announced a partnership with Babies “R” Us.

American Eagle unveils strategy to grow profits, takes $94 million in impairment charges for logistics business

American Eagle unveiled a new strategy to boost profitable growth over the next three years.

Foot Locker shares fall after heavy promotions lead to holiday-quarter losses

Foot Locker reported a holiday-quarter loss on Wednesday.

Arkhouse, Brigade raise Macy’s buyout bid to $6.6 billion

Arkhouse Management, a real-estate-focused investing firm said on Sunday it and Brigade Capital Management have raised their offer for Macy’s after the department store chain rebuffed their prior proposal as too low.

Lowe’s beats earnings estimates as sales fall — and the company expects revenue to slide again this year

Lowe’s beat Wall Street’s earnings and revenue expectations for its fourth quarter.

AutoZone’s second-quarter profit beat estimates amid DIY trend

Automotive parts retailer AutoZone  reported a better-than-expected quarterly profit on Tuesday, helped by a Do-It-Yourself(DIY) trend among customers wanting to keep their older cars on the road.

Macy’s posts another quarter of falling sales as it unveils strategy to get back to growth

Macy’s said sales fell nearly 2% in the holiday quarter and forecast another year of stagnant sales.

Jumbo: Μπλοκάρει παραγγελίες λόγω ακριβών κοντέινερ

Να θέσει εμπάργκο σε ανατιμήσεις στα κοντέινερ που έρχονται ως απόρροια των γεγονότων στο Ισραήλ επιδιώκει η Jumbo, διακόπτοντας παραγγελίες της.

New boss seeks to make H&M even faster at fashion

H&M’s new boss has pledged that the Swedish fast-fashion chain will invest more in reacting quicker to new trends, including by bringing some of its manufacturing from Asia closer to its main markets.

Κλουκίνας-Λάππας: Απόσχιση του κλάδου βρεφικών και παιδικών ειδών

Με την εν λόγω πράξη εταιρικού μετασχηματισμού η Κλουκίνας- Λάππας διαχωρίζει την Εμπορική Δραστηριότητα από τις ιδιοκτησίες και δραστηριότητες των ακινήτων.