Financial Results

News & Analysis

Kering Shares Slide as Gucci's Growth Slows

18 April 2019 • By Reuters

18 April 2019 • By Reuters

Shares fell nearly 6 percent after signs of a slowdown at the French conglomerate's cash cow Gucci.

News & Analysis

Kering Shares Slide as Gucci's Growth Slows

Shares fell nearly 6 percent after signs of a slowdown at the French conglomerate's cash cow Gucci.

News & Analysis

Valentino Revenue Growth Slowed in 2018

17 April 2019 • By Reuters

17 April 2019 • By Reuters

The Italian group's revenues totalled around €1.2 billion ($1.36 billion) last year, said chief executive Stefano Sassi.

News & Analysis

Valentino Revenue Growth Slowed in 2018

The Italian group's revenues totalled around €1.2 billion ($1.36 billion) last year, said chief executive Stefano Sassi.

News & Analysis

Designer Debuts Pay Off For LVMH in First Quarter

10 April 2019 • By Reuters

10 April 2019 • By Reuters

The conglomerate set a high bar for tapping into Chinese demand for luxury, reporting revenue of €12.5 billion up 11 percent on a like-for-like basis.

News & Analysis

Designer Debuts Pay Off For LVMH in First Quarter

The conglomerate set a high bar for tapping into Chinese demand for luxury, reporting revenue of €12.5 billion up 11 percent on a like-for-like basis.

News & Analysis

H&M First-Quarter Earnings Beat Estimates on Fewer Discounts

29 March 2019 • By Bloomberg

29 March 2019 • By Bloomberg

Pretax profit fell 17 percent to 1.04 billion Swedish krona ($112 million) despite the retailer introducing new products at lower prices to try to avoid massive discounts later.

News & Analysis

H&M First-Quarter Earnings Beat Estimates on Fewer Discounts

Pretax profit fell 17 percent to 1.04 billion Swedish krona ($112 million) despite the retailer introducing new products at lower prices to try to avoid massive discounts later.

News & Analysis

SMCP Expects Slower Growth as French Protests Drag On

21 March 2019 • By Reuters

21 March 2019 • By Reuters

The French fashion group, which owns Sandro and Maje, forecast more moderate sales growth in 2019 as street protests rock France and Britain's messy EU exit spreads uncertainty.

News & Analysis

SMCP Expects Slower Growth as French Protests Drag On

The French fashion group, which owns Sandro and Maje, forecast more moderate sales growth in 2019 as street protests rock France and Britain's messy EU exit spreads uncertainty.

News & Analysis

Ted Baker Posts First Annual Profit Drop Since Financial Crisis

21 March 2019 • By Reuters

21 March 2019 • By Reuters

The British fashion retailer reported pretax profit of £50.9 million, down 26.1 percent, as discounting and uncertainty on Britain's high street weighed on the company.

News & Analysis

Ted Baker Posts First Annual Profit Drop Since Financial Crisis

The British fashion retailer reported pretax profit of £50.9 million, down 26.1 percent, as discounting and uncertainty on Britain's high street weighed on the company.

News & Analysis

Levi Strauss Valued at $6.6 Billion as IPO Tops Target

20 March 2019 • By Reuters

20 March 2019 • By Reuters

Set to debut on the NYSE Thursday, Levi's sold $623.3 million in shares in its IPO with shares priced at $17, above the target range of $14 to $16.

News & Analysis

Levi Strauss Valued at $6.6 Billion as IPO Tops Target

Set to debut on the NYSE Thursday, Levi's sold $623.3 million in shares in its IPO with shares priced at $17, above the target range of $14 to $16.

News & Analysis

Hermès Still Benefiting From Buoyant Asian Demand

20 March 2019 • By Reuters

20 March 2019 • By Reuters

Along with Louis Vuitton and Gucci, Hermès is still riding high on strong demand from Asian clients with net profit up 15 percent to €1.4 billion and operating income up 6 percent to €2 billion.

News & Analysis

Hermès Still Benefiting From Buoyant Asian Demand

Along with Louis Vuitton and Gucci, Hermès is still riding high on strong demand from Asian clients with net profit up 15 percent to €1.4 billion and operating income up 6 percent to €2 billion.

News & Analysis

Asos Maintains Full-Year Outlook After December Profit Warning

19 March 2019 • By Bloomberg

19 March 2019 • By Bloomberg

The e-tailer will cut prices and raise marketing spending in France and Germany, and look to improve its US business after unexpectedly high demand there caused significant dispatch backlog.

News & Analysis

Asos Maintains Full-Year Outlook After December Profit Warning

The e-tailer will cut prices and raise marketing spending in France and Germany, and look to improve its US business after unexpectedly high demand there caused significant dispatch backlog.

News & Analysis

Prada Shares Tumble as China Slowdown Hits Profits

18 March 2019 • By Bloomberg

18 March 2019 • By Bloomberg

The company’s operating profit fell 10 percent to €323.8 million, shares slumped 7.2 percent in early Hong Kong trading and the stock has dropped about 35 percent in the past year.

News & Analysis

Prada Shares Tumble as China Slowdown Hits Profits

The company’s operating profit fell 10 percent to €323.8 million, shares slumped 7.2 percent in early Hong Kong trading and the stock has dropped about 35 percent in the past year.