Financial Results

BoF Professional Exclusive

Richemont's Fashion Business: A Health Check

8 November 2019 • By Laure Guilbault

BoF Professional Exclusive

Richemont's Fashion Business: A Health Check

The Swiss luxury conglomerate has failed to turn brands like Chloé and Dunhill into a soft-luxury empire that can take on Kering and LVMH. Can recent operational changes turn the tide?

News & Analysis

Ralph Lauren Sales Soar, Defying Drag From Hong Kong

7 November 2019 • By Bloomberg

7 November 2019 • By Bloomberg

The luxury fashion house reported a 2 percent rise in revenue in North America thanks to a strengthened domestic market.

News & Analysis

Ralph Lauren Sales Soar, Defying Drag From Hong Kong

The luxury fashion house reported a 2 percent rise in revenue in North America thanks to a strengthened domestic market.

Under Armour Faces Federal Probe Over Accounting Practices

4 November 2019 • By Reuters

4 November 2019 • By Reuters

The sportswear company confirmed on Sunday that it is assisting a federal investigation into claims it had shifted sales from quarter to quarter dating back to 2017.

Under Armour Faces Federal Probe Over Accounting Practices

The sportswear company confirmed on Sunday that it is assisting a federal investigation into claims it had shifted sales from quarter to quarter dating back to 2017.

Asian Sales Propel Hermès to Impressive Third Quarter Performance

24 October 2019 • By Laure Guilbault

24 October 2019 • By Laure Guilbault

The French luxury group joins rival LVMH in largely shrugging off fallout from Hong Kong’s political protests, with sales at Hermès up 15 percent in the third quarter.

Asian Sales Propel Hermès to Impressive Third Quarter Performance

The French luxury group joins rival LVMH in largely shrugging off fallout from Hong Kong’s political protests, with sales at Hermès up 15 percent in the third quarter.

News & Analysis

LVMH Unscathed by Hong Kong as Growth Sets High Bar for Luxury

9 October 2019 • By Bloomberg

9 October 2019 • By Bloomberg

Sales of fashion and leather goods rose 19 percent, with 'remarkable' performance at Louis Vuitton and Christian Dior, and total sales rose 11 percent.

News & Analysis

LVMH Unscathed by Hong Kong as Growth Sets High Bar for Luxury

Sales of fashion and leather goods rose 19 percent, with 'remarkable' performance at Louis Vuitton and Christian Dior, and total sales rose 11 percent.

News & Analysis

What to Look Out for at L Brands' Investor Meeting

9 September 2019 • By Bloomberg

9 September 2019 • By Bloomberg

With company shares down 35 percent this year, investors are poised to demand answers at Tuesday's meeting. Here are some of the issues likely to be on shareholders’ minds.

News & Analysis

What to Look Out for at L Brands' Investor Meeting

With company shares down 35 percent this year, investors are poised to demand answers at Tuesday's meeting. Here are some of the issues likely to be on shareholders’ minds.

News & Analysis

Nordstrom Reports Better Than Expected Results

21 August 2019 • By Reuters

21 August 2019 • By Reuters

The company has been investing heavily in its online business and loyalty programs to beat back competition from other upscale department stores and e-commerce rivals.

News & Analysis

Nordstrom Reports Better Than Expected Results

The company has been investing heavily in its online business and loyalty programs to beat back competition from other upscale department stores and e-commerce rivals.

BoF Professional Exclusive

Retailers Look to Put a Bad Week Behind Them

18 August 2019 • By Brian Baskin

BoF Professional Exclusive

Retailers Look to Put a Bad Week Behind Them

This week, everyone will be talking about financial results from Gap Inc., Nordstrom and other major retailers, the latest twists at L Brands and the booming clothing rental market. Read our BoF Professional Cheat Sheet

News & Analysis

Tapestry Shares Tumble as Kate Spade Sales Weaken

15 August 2019 • By Reuters

15 August 2019 • By Reuters

Same-stores sales at Kate Spade have declined for at least eight quarters, prompting the company cut back on new store openings for the brand.

News & Analysis

Tapestry Shares Tumble as Kate Spade Sales Weaken

Same-stores sales at Kate Spade have declined for at least eight quarters, prompting the company cut back on new store openings for the brand.

News & Analysis

Canada Goose Misses Margins on Higher Sales of Less Profitable Clothes

14 August 2019 • By Reuters

14 August 2019 • By Reuters

As the luxury apparel maker sold more of its light-weight spring season clothes, which are not as profitable as its $1,000 parkas, quarterly gross margins missed estimates.

News & Analysis

Canada Goose Misses Margins on Higher Sales of Less Profitable Clothes

As the luxury apparel maker sold more of its light-weight spring season clothes, which are not as profitable as its $1,000 parkas, quarterly gross margins missed estimates.