Earnings Report

News & Analysis

While Richemont Sales Beat Expectations, its Leadership Crisis Ensues

13 September 2017 • By Reuters

13 September 2017 • By Reuters

Georges Kern's successor has still not been named, suggesting outsiders may be reluctant to take on the challenging task of heading up the company's watchmaking division.

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News & Analysis

While Richemont Sales Beat Expectations, its Leadership Crisis Ensues

Georges Kern's successor has still not been named, suggesting outsiders may be reluctant to take on the challenging task of heading up the company's watchmaking division.

News & Analysis

Ahead of Michael Kors Takeover, Jimmy Choo's Profit Almost Triples

31 August 2017 • By Reuters

31 August 2017 • By Reuters

The luxury shoemaker reported its pre-tax profit for the half year hit £18.1 million, helped by its retail and licensing businesses, as well as demand for its men's offering.

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News & Analysis

Ahead of Michael Kors Takeover, Jimmy Choo's Profit Almost Triples

The luxury shoemaker reported its pre-tax profit for the half year hit £18.1 million, helped by its retail and licensing businesses, as well as demand for its men's offering.

News & Analysis

Abercrombie & Fitch Looks to Hollister for Lessons in Tapping Gen-Z

25 August 2017 • By Sarah Shannon

25 August 2017 • By Sarah Shannon

While the struggling mall retailer has been bolstered by good results from teen friendly Hollister, its namesake brand is still working to find its footing. CEO Fran Horowitz outlines the plan for BoF.

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News & Analysis

Abercrombie & Fitch Looks to Hollister for Lessons in Tapping Gen-Z

While the struggling mall retailer has been bolstered by good results from teen friendly Hollister, its namesake brand is still working to find its footing. CEO Fran Horowitz outlines the plan for BoF.

News & Analysis

J. Crew Names New CFO as Sales Drop Deepens

23 August 2017 • By Bloomberg

23 August 2017 • By Bloomberg

J. Crew’s total revenue fell 2 percent to $560.9 million for the quarter ended July 29, while sales at stores open at least a year declined 5 percent.

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J. Crew Names New CFO as Sales Drop Deepens

J. Crew’s total revenue fell 2 percent to $560.9 million for the quarter ended July 29, while sales at stores open at least a year declined 5 percent.

Chanel Sees Dip in Sales, Profits

22 August 2017 • By Christopher Morency

22 August 2017 • By Christopher Morency

Chanel International BV — a Dutch holding company that is part of the Chanel empire —saw a year-on-year loss of 9 percent in 2016, with a turnover of $5.67 billion, according to new reports.

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Chanel Sees Dip in Sales, Profits

Chanel International BV — a Dutch holding company that is part of the Chanel empire —saw a year-on-year loss of 9 percent in 2016, with a turnover of $5.67 billion, according to new reports.

News & Analysis

YNAP Sales Hit €1 Billion as Mobile Grows

2 August 2017 • By Bloomberg

2 August 2017 • By Bloomberg

The online luxury retailer Yoox Net-a-Porter reported first-half earnings that beat estimates as the company’s mobile platform grew to account for more than half of sales.

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YNAP Sales Hit €1 Billion as Mobile Grows

The online luxury retailer Yoox Net-a-Porter reported first-half earnings that beat estimates as the company’s mobile platform grew to account for more than half of sales.

News & Analysis

Gucci Isn't the Only Brand Fuelling Growth at Kering

27 July 2017 • By Reuters

27 July 2017 • By Reuters

The luxury conglomerate's growth trend continues at an impressive pace, thanks to sales increases in nearly every region and from more brands than powerhouses Gucci and Saint Laurent.

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News & Analysis

Gucci Isn't the Only Brand Fuelling Growth at Kering

The luxury conglomerate's growth trend continues at an impressive pace, thanks to sales increases in nearly every region and from more brands than powerhouses Gucci and Saint Laurent.

News & Analysis

LVMH Profit Grows at Fastest Rate Since 2011 as Asia Rebounds

26 July 2017 • By Bloomberg

26 July 2017 • By Bloomberg

Profit from recurring operations rose 23 percent to €3.64 billion ($4.23 billion) in the first half, the French luxury goods conglomerate reported Wednesday.

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LVMH Profit Grows at Fastest Rate Since 2011 as Asia Rebounds

Profit from recurring operations rose 23 percent to €3.64 billion ($4.23 billion) in the first half, the French luxury goods conglomerate reported Wednesday.

News & Analysis

Hermès Sticks to 'Ambitious' Production Goal as Sales Rise 8.3 Percent

21 July 2017 • By Bloomberg

21 July 2017 • By Bloomberg

The company is trying to respond to a rebound in demand for high-end goods by training up leather workers and adding new sites.

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Hermès Sticks to 'Ambitious' Production Goal as Sales Rise 8.3 Percent

The company is trying to respond to a rebound in demand for high-end goods by training up leather workers and adding new sites.

News & Analysis

Burberry Sales Beat Estimates as CEO Gobbetti Takes Over

12 July 2017 • By Bloomberg

12 July 2017 • By Bloomberg

Strong first-quarter results give Gobbetti a boost as he seeks to benefit from a luxury goods rebound in China while overhauling the company’s US business.

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News & Analysis

Burberry Sales Beat Estimates as CEO Gobbetti Takes Over

Strong first-quarter results give Gobbetti a boost as he seeks to benefit from a luxury goods rebound in China while overhauling the company’s US business.