Amazon.com Inc beat Wall Street estimates for quarterly sales on Thursday, as the retailer’s marketing blitz during the holiday period helped attract shoppers.
Ruba Abu-Nimah, Tiffany & Co.’s executive creative director has departed the jeweller, BoF has learned. The designer joined the brand as a jewellery outsider in March 2021, reporting to Alexandre Arnault, executive vice president of product and communications, following LVMH’s takeover in January.
Estée Lauder Cos Inc on Thursday forecast a smaller fall in full-year sales than previously expected, on resilient demand for its skin care and fragrances and an expected recovery in major market China that recently eased its Covid curbs.
Canada Goose Holdings Inc trimmed its full-year revenue forecast on Thursday as Covid-induced restrictions weigh on sales of upscale jackets and parkas in China.
Inditex SA, the owner of fast fashion chain Zara, will start charging Spanish shoppers for returning items bought online, mirroring a strategy it had previously rolled out in most of its other markets.
Publicis Groupe, the world’s third-largest advertising agency, said on Thursday it expects organic growth between 3 percent and 5 percent this year, as it banks on continued investments from clients on their digital transformation.
The beauty company today said its net sales grew by 49 percent in the third quarter, ended Dec. 31, 2022, to $146.5 million. Analysts were expecting sales of around $122 million.
The parent of Instagram and Facebook forecast revenue between $26 billion and $28.5 billion, compared with analysts’ average estimates of $27.14 billion, according to IBES data from Refinitiv.