Tag: Retail – Discretionary

Chanel sales in the United States, one of the luxury label’s top three markets, have slowed to a single-digit growth rate over the past six months, it said on Thursday, adding to evidence that the post-pandemic spending splurge in the country has tapered off.

Kohl’s shares spiked early Wednesday as the struggling retailer posted a surprise profit while it chases a turnaround.

Marks & Spencer said its latest turnaround strategy was starting to deliver, enabling it to restore its dividend and forecast “modest” revenue growth and a profit outcome ahead of market expectations this year, sending its shares 13% higher.

Dick’s Sporting Goods stock rose early Tuesday morning as the company reaffirmed its outlook and beat first fiscal-quarter earnings expectations.

Lowe’s cut its full-year outlook Tuesday, as lumber prices fell and do-it-yourself customers bought fewer discretionary items.

Shares of Foot Locker Inc plunged 25% premarket on Friday, after the footwear retailer cut its annual sales and profit forecasts reeling under a sharp drop in demand and a hit from heavy discounts aimed at clearing excess inventories.

Ο Όμιλος FOURLIS το πρώτο τρίμηνο του 2023 παρουσίασε πωλήσεις €116,6 εκατ. έναντι €96,3 εκατ., αυξημένες κατά 21,1% σε σχέση με το πρώτο τρίμηνο του 2022. Οι ηλεκτρονικές πωλήσεις το πρώτο τρίμηνο του 2023 ανήλθαν στα €16,3 εκατ.

Η Intracom Holdings ανακοίνωσε σήμερα ότι η θυγατρική της, Intracom Properties, απέκτησε ποσοστό 46,59% της Κ.Λ.Μ., έναντι συνολικού ποσού € 18.739.437.