Adidas Is Seeing Hot Demand for Sambas and Yeezys
The German sportswear company now expects to generate operating profit of around €700 million ($743 million), an increase from the previous target of €500 million.
Working with the likes of NASA and adopting an innovative approach to trans-disciplinary collaboration, BoF meets the faculty members of Thomas Jefferson University seeking to train students for the future of fashion.
Working with the likes of NASA and adopting an innovative approach to trans-disciplinary collaboration, BoF meets the faculty members of Thomas Jefferson University seeking to train students for the future of fashion.
BoF sits down with three current fashion students at the almost 200-year-old American university to hear how the school’s innovative trans-disciplinary approach is preparing them for a career in today’s industry.
Thomas Jefferson University’s approach to fashion education is fuelled by pioneering combinations of disciplines and skills, made capable by its merger with Philadelphia University in 2017.
Same-store sales rose 13 percent — among the highest upticks in sales this quarter.
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Shares rose after at least four brokerages raised their price targets following the company's upbeat quarterly same-store sales forecast at its retail business.
With the rise of e-commerce imposing a rapid reckoning on retailers and their landlords, mall owners are turning to everything from restaurants and bowling alleys to apartment buildings and hotels to internet-proof their properties.
With the rise of e-commerce imposing a rapid reckoning on retailers and their landlords, mall owners are turning to everything from restaurants and bowling alleys to apartment buildings and hotels to internet-proof their properties.
Urban Outfitters joins a group of companies that have pulled out of slumps by diversifying across brands — a development that may spark optimism in a sector that’s struggled to come up with winning formulas this year.
The parent company of Urban Outfitters and Anthropologie posted revenue of $892.8 million in the third quarter.
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The group's shares surged 20 percent thanks to Free People and Anthropologie, despite same-store sales and the Urban Outfitters brand both posting a loss.
Urban Outfitters Inc. on Tuesday reported fiscal first-quarter earnings of $11.9 million.
The results missed Wall Street expectations by one cent.
Urban Outfitters Inc. on Tuesday reported fiscal third-quarter earnings of $47.4 million.
The German sportswear company now expects to generate operating profit of around €700 million ($743 million), an increase from the previous target of €500 million.
Amid a luxury slowdown, strong performance by LVMH’s beauty and selective retailing division show a healthy appetite for cosmetics and perfumes.
The company, which named chief brand officer Ije Nwokorie as its next CEO, said it was anticipating a double-digit percentage decline in US wholesale revenues, which would dent overall profits.
Rising prices of personal care products could quash Americans’ habit of buying big-brand-name items for their household pantries, posing a threat to Procter & Gamble, one of the world’s biggest makers of packaged goods.
The merger arbitrage investor community turned increasingly bearish on the deal last week, as they interpreted some comments from FTC officials at a conference as negative for the deal.
The value of retail purchases, unadjusted for inflation, increased 0.7 percent from February, Commerce Department data showed Monday.
The merger, which would bring top luxury labels such as Tapestry’s Kate Spade, Stuart Weitzman and Capri’s Jimmy Choo and Versace under one roof, still awaits approval from the United States.
E-commerce marketplace Verishop bought data analytics firm Trendalytics in a cash and equity deal that closed in March. Financial terms of the deal were not disclosed.