18.79 F
New York City
January 18, 2020
Home » Apparel and Accessories (TRBC)

Apparel and Accessories (TRBC)

Reuters - Business

Lululemon raises quarterly forecast after upbeat holiday sales

Reuters
FILE PHOTO: The logo for Lululemon Athletica is seen outside a retail store in New York City, U.S., March 30, 2017. REUTERS/Brendan McDermid (Reuters) – Lululemon Athletica Inc (LULU.O) raised its quarterly sales and profit outlook on Monday, boosted by strong holiday season demand. The athleisure apparel retailer now expects......
Reuters - Business

Trump’s tariffs cost U.S. companies $46 billion to date, data shows

Reuters
WASHINGTON (Reuters) – Tariffs imposed by President Donald Trump to restructure the United States’s top trade relationships have cost American companies $46 billion since February 2018, and U.S. exports of goods hit by retaliatory tariffs have fallen sharply, according to an analysis of Commerce Department data. FILE PHOTO: U.S. President......
Reuters - Business

Amazon is generating lots of free-cash flow, time to get on board: Barron’s

Reuters
FILE PHOTO: The Amazon logo is seen at the Amazon fulfilment center in Bretigny-sur-Orge near Paris, France, October 22, 2019. REUTERS/Pascal Rossignol NEW YORK (Reuters) – Amazon.com Inc is generating lots of free cash flow, which it often uses to invest in growing its business, making the e-commerce retailer a......
Reuters - Business

Louis Vuitton to close Hong Kong shop as protests bite: report

Reuters
PARIS/HONG KONG (Reuters) – Louis Vuitton, the world’s biggest luxury goods brand by sales, is preparing to shut one of its shops in Hong Kong where protests have hit demand as high rental costs bite, the South China Morning Post newspaper reported on Friday. FILE PHOTO: A Louis Vuitton logo......
Reuters - Business

Wall Street analysts bullish over Nike’s digital growth, look past margin weakness

Reuters
(Reuters) – Wall Street analysts were upbeat about Nike Inc’s (NKE.N) long-term growth, encouraged by the sportswear maker’s robust online sales and strength in China that helped overcome slowing demand in North America, its biggest market. FILE PHOTO: The Nike swoosh logo is seen outside the store on 5th Ave......
Reuters - Business

Swatch threatens to seek damages over Swiss antitrust agency’s measures

Reuters
FILE PHOTO: A Swatch logo is pictured in front of the newly built headquarters, designed by Japanese architect Shigeru Ban, of the brand owned by Swatch Group, in Biel, Switzerland October 3, 2019. REUTERS/Denis Balibouse ZURICH (Reuters) – Swatch Group threatened on Wednesday to pursue damages after it said the......
Reuters - Business

H&M’s recovery continues as fourth quarter sales jump 9%

Reuters
STOCKHOLM (Reuters) – Fashion retailer H&M (HMb.ST) said on Monday its sales rose 9% in the fourth quarter, putting it on course to increase annual profits for the first time in four years following heavy investment in online and other services to adapt to a changing market. Shares in the......
Reuters - Business

H&M’s fourth-quarter sales growth takes hit from later Black Friday

Reuters
STOCKHOLM (Reuters) – H&M (HMb.ST) reported a slightly smaller-than-expected rise in fourth-quarter sales reflecting a later Black Friday this year, the world’s second-biggest fashion retailer said on Monday. FILE PHOTO: People shop in the newly opened Hennes & Mauritz (H&M) store in Moscow, March 13, 2009. REUTERS/Denis Sinyakov Net sales......
Reuters - Business

Swiss body considers ban on Swatch unit selling parts – Schweiz am Wochenende

Reuters
VIENNA (Reuters) – A Swatch (UHR.S) unit that supplies parts to much of the watch market faces a possible sales ban next year by Switzerland’s Competition Commission (Weka), newspaper Schweiz am Wochenende reported on Saturday. FILE PHOTO: Swatch models are displayed at the company’s headquarters in Biel, Switzerland, Oct. 3,......
Reuters - Business

American Eagle holiday-quarter earnings forecast below estimates on higher markdowns

Reuters
An Omani man passes in front of an American fashion brand, American Eagle Outfitters in City Center Mall in Muscat, Oman, February 11, 2019. REUTERS/Hamad I Mohammed (Reuters) – American Eagle Outfitters Inc (AEO.N) forecast holiday-quarter earnings below Wall Street estimates on Wednesday, as weaker demand for its flagship AE......
Reuters - Business

H&M’s brand COS to test clothing rentals in China with YCloset

Reuters
The H&M clothing store is seen in Times Square in Manhattan, New York, U.S., November 15, 2019. REUTERS/Mike Segar STOCKHOLM (Reuters) – H&M (HMb.ST), the world’s second-biggest fashion group, said on Friday its brand COS had teamed up with Chinese subscription rental platform YCloset to try renting out clothes in......
Reuters - Business

Tiffany profit falls short on weak demand in Americas, Hong Kong

Reuters
(Reuters) – Luxury jeweler Tiffany & Co (TIF.N), which is being bought by Louis Vuitton owner LVMH (LVMH.PA), missed market expectations for quarterly profit and sales on Thursday, hit by lower spending by foreign tourists in the United States and Hong Kong. The jeweler has been struggling to lure price-conscious......
Reuters - Business

Tiffany misses quarterly same-store sales estimates

Reuters
Tiffany & Co. jewelry is displayed in a store in Paris, France, November 25, 2019. REUTERS/Gonzalo Fuentes (Reuters) – Tiffany & Co (TIF.N), which is being bought by Louis Vuitton owner LVMH (LVMH.PA), fell short of Wall Street estimates for quarterly sales on Thursday as the luxury jeweler was hurt......
Reuters - Business

France fights back over U.S. tariff threat to Champagne, cheese

Reuters
PARIS/LONDON (Reuters) – France and the European Union said on Tuesday they were ready to retaliate if U.S. President Donald Trump acted on a threat to impose duties of up to 100% on imports of champagne, handbags and other French products worth $2.4 billion. The threat of punitive tariffs followed......
Reuters - Business

France and EU say primed to retaliate over U.S. tariff threat

Reuters
PARIS (Reuters) – France and the European Union said on Tuesday they are ready to retaliate if U.S. President Donald Trump acts on a threat to impose duties of up to 100% on imports of champagne, handbags and other French products worth $2.4 billion. The threat of punitive tariffs came......
Reuters - Business

France says primed to retaliate with EU over U.S. tariff threat against Paris

Reuters
PARIS (Reuters) – France and the European Union are ready to retaliate if U.S. President Donald Trump acts on a threat to impose duties of up to 100% on $2.4 billion in imports of champagne, handbags and other French products, the French government said on Tuesday. FILE PHOTO: French Finance......
Reuters - Business

France and EU ready to fight back over U.S. tariff threat, ministers say

Reuters
FILE PHOTO: French Finance Minister Bruno Le Maire attends a news conference in Boulogne-Billancourt, near Paris, France, November 7, 2019. REUTERS/Gonzalo Fuentes PARIS (Reuters) – France and the European Union are ready to fight back over the latest U.S. tariff threats on French products, French government ministers said on Tuesday.......
Reuters - Business

France and EU ready to fight back over U.S. tariff threat: French ministers

Reuters
FILE PHOTO: French Finance Minister Bruno Le Maire attends a news conference in Boulogne-Billancourt, near Paris, France, November 7, 2019. REUTERS/Gonzalo Fuentes PARIS (Reuters) – France and the European Union are ready to fight back over the latest U.S. tariff threats on French products, French government ministers said on Tuesday.......
Reuters - Business

U.S. proposes 100% tariffs on French Champagne, cheese, handbags over digital tax

Reuters
FILE PHOTO: An employee serves a glass of Champagne during the traditional wine harvest at the Champagne house Deutz in Ay, France, September 22, 2016. REUTERS/Benoit Tessier/File Photo WASHINGTON (Reuters) – The U.S. government on Monday said it may slap punitive duties of up to 100% on $2.4 billion in......
Reuters - Business

Permira, North Face owner among bidders for sneaker brand Golden Goose: sources

Reuters
LONDON/MILAN (Reuters) – U.S. apparel and footwear conglomerate VF Corporation and buyout funds Permira and Advent are lining up indicative offers for Italian shoe brand Golden Goose ahead of a mid December deadline, sources familiar with the matter told Reuters. FILE PHOTO: The logo of the Carlyle Group is displayed......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More